Greece cannot currently join the BRICS Bank
(Sputnik) — In May, Russia invited Greece to become an NDB member. Earlier this week, Greek Deputy Defense Minister Costas Isychos told Sputnik that Greece welcomes the […]
Month: July 2015
Athens to implement tax and pension reforms as early as next week
During the European Parliament debate, Greek the finance minister Tsakalotos sent a letter to the Eurogroup promising to implement pension and tax reforms as early […]
Tsipras tells MEPs: I want your support to help change Greece
Tsipras in his address to the European parliament admitted that over the last five month his government has spent more time negotiating than governing. “We […]
Bogus insurance documents leave several Cretan motorists uninsured
Dozens of car and buildings insurance customers have fallen victims of an insurance scam that left them with forged insurance documents that are worthless. The […]
Juncker heckled in the European parliament over Greek referendum ‘circus’ comments
(RT) — President of the EU Commission Jean-Claude Juncker has been heckled by MEPs at the parliament in Strasbourg, as he spoke on the current […]
Eurozone leaders present Greece with another ultimatum
(enikos.gr) — The eurozone has given Greece until Thursday to present new proposals to secure a deal with creditors, and has called a full EU […]
Euclid Tsakalotos sworn in as finance minister
Euklid Tasakalotos was sworn in on Monday evening as the new Greek finance minister. In his first official statement he said the message from Sunday’s […]
ECB raises ‘Haircut’ on Greek collateral, ratcheting up pressure on Greek banks
The Governing Council of the European Central Bank decided on Monday to maintain the provision of emergency liquidity assistance (ELA) to Greek banks at the […]
Varoufakis: we were the first government to speak on behalf of the people
A short time before the post announcing his resignation, Varoufakis posted a much more jubilant note about the referendum decision: On the 25th of January, […]
Wolfgang Münchau: Why the Yes campaign failed in Greece
(FT) — It is not that hard to explain why Alexis Tsipras won the referendum by a landslide. His opponents, both inside Greece and in […]
Yanis Varoufakis resigns
(The Guardian) — In another extraordinary development the Greek finance minister has just announced his resignation. In a move likely to spark further concerns about […]
Referendum results by region /constituency
Final result NO — 61.31% of the vote YES — 38.69% of the vote
Two more deaths in the sea mar the first weekend of July
The first incident occurred around 11 am in Chryssi Akti, the Blue Flag beach 2.5 km west of Chania. A 65 year old local woman […]
IMF analysis – bailouts without relief will push Greece further into debt
Euro zone countries tried in vain to stop the IMF publishing a gloomy analysis of Greece’s debt burden which confirm what Syriza has been saying […]
Financial Times revelation – the kiss of death for Greek banks
Another piece of news from unnamed ‘well placed sources’ was deliberately leaked this morning to ensure that whatever is left of the €120 bln in […]