ECB ensures the continuing operation of Greek banks
The European Central Bank raised the ceiling on Greece’s liquidity assistance from 83 billion to 84.1 billion euros, wire services reported Wednesday, as usual citing […]
Articles by Newsroom
EU’s “unbridgeable difference” is 0.5% of Greek GDP pa for the next three years
(BBC Business) — What is very striking – and important – about the agonised talks between Greece and its creditors is that no European leader […]
Greece accuses Europe of plotting regime change as creditors draw up ultimatum
(from The Telegraph/by Ambrose Evans-Pritchard) — Greek premier Alexis Tsipras has accused Europe’s creditor powers of trying to subvert Greece’s elected government after five years […]
The Greek crisis: Media spin and myths
(LINKS – extracts)– The June 3 proposals of Greece’s creditors have been put together in such a way as to make it impossible for the […]
Smaller cabin bags to be required by airlines
Daily Mail — Air transport chiefs want a new standard size for bags in overhead lockers which is smaller than that offered by many major […]
FT: Greece has a rational reason to prefer Grexit
Wolfgang Münchau Financial Time correspondent writes: “First, contrast the two extreme scenarios: accept the creditors’ final offer or leave the eurozone. By accepting the offer, […]
Tsipras: Debt relief precondition to compromise red lines
(Deutsche Welle) — In a bid to end of five-month standoff with the International Monetary Fund (IMF), the European Union (EU) Commission, and the European […]
A list of countries with protracted IMF arrears
(From the Guardian) Greece has delayed a debt repayment to the IMF of €300m. The instalment was due on Friday 5 June, but instead the […]
Court orders Greece to reverse 2012 pension cuts
(enikos.gr) –The highest Greek court ruled on Wednesday that the government should reverse cuts to private sector pensions it made in 2012 as a condition […]
IMF walks out of Greece bailout talks
The Guardian –“You’ve got to ask yourself one question. Do I feel lucky? Well, do ya, punk?” The lines spoken by Clint Eastwood in Dirty […]
Greece considers taking Crete power cable link project into own hands
(ICIS) –The Greek government is looking into a new electricity interconnector linking the island of Crete and the mainland, ICIS the energy market information provider […]
Protesters occupy Greek finance ministry – “We have paid enough”
Greek Communist party labour union supporters occupied the finance ministry on Thursday (11 June) and prevented staff from entering over fears that the government will […]
EU urges refugee action as over 1,000 new migrants reach Greece
(AP) — The European Union urged its 28 nations Wednesday to swiftly endorse its plan to relocate 40,000 migrants as 1,000 more migrants arrived in […]
What’s holding up a deal on Greece’s bailout?
After four and a half months of back and forth, Greece and its creditors remain far from a deal on what reforms the country must […]
Greece bailout talks lead to rumours of German compromise
According to the reports, the chancellor Angela Merkel is prepared to accept a much-reduced reform programme, slimmed down to just one or two areas as […]