Valuable Greek assets for sale – but are they worth 50 billion?
(Washington Post) — Part of Greece’s most recent bailout calls for the country to privatize a swath of its assets to pay off a portion of […]
National News
Eurozone deal laws backed by MPs
BBC — Greek MPs have approved tough economic measures required to enable an €86bn eurozone bailout deal to go ahead. The legislation includes tax rises […]
Has IMF blown up Greece rescue?
(BBC) — Just when it looked as though there could be a pause in the eurozone’s Greek crisis, the International Monetary Fund has launched a […]
Could Greek hydrocarbon concessions be a part of assets transferred to the “independent fund”?
The Energy Ministry announced that by the end of the deadline at midday Tuesday it had received only three bids for the concession of licenses […]
The Civil Servants’ Confederation trade union to strike against new bailout deal
(Sputnik) — A 24-hour strike by Greek civil servants, scheduled to take place in Athens Wednesday, is a message to the Greek government and its international lenders that the new […]
PM Tsipras defends his abrupt change of course over debt crisis
The Greek prime minister, Alexis Tsipras, has defended the bailout agreed at Sunday’s eurozone summit and ruled out resigning, saying it was a bad […]
The Greek Deal – full document (with some notes)
Euro Summit Statement Brussels, 12 July 2015 The Euro Summit stresses the crucial need to rebuild trust with the Greek authorities as a prerequisite for […]
Schulz: the deal Tsipras got on Sunday is worse than the deal on the table before the referendum
(ANA-MPA) – European Parliament President Martin Schulz said on Monday he is confident the Greek government will do whatever it takes to implement the necessary […]
ECB does not raise ELA for Greek banks, capital controls continue
ANA-MPA — The European Central Bank (ECB) governing council has left the lending limit for Greek banks from Emergency Liquidity Assistance (ELA) unchanged at just […]
Merkel: complete reform of pensions, privatisation and labour markets
BBC — German Chancellor Angela Merkel is giving her reaction. We have always said this has always been about a three year programme. Essential changes […]
Τsipras: We fought a tough battle; We face difficult decisions
(Reuters) — Greek PM AlexisTsipras said that Greece fought a tough battle in the EU Summit. “Now we face difficult decisions”, Tsipras told reporters after all […]
Varoufakis: “Germany has an interest in breaking us”
In an article in The Guardian, Yanis Varoufakis argues that German finance minister Wolfgang Schaeuble has been leading a cabal of eurozone countries who want […]
Tsipras: A positive positive outcome to the negotiations is priority. Everything else in its own time.”
(Reuters) — Greek Prime Minister Alexis Tsipras won backing from lawmakers on Saturday for painful reform proposals aimed at obtaining a new international bailout, but […]
Deal hopes rise after Tsipras capitulates
( The Guardian) — Last night, the Greek PM finally submitted an economic reform plan that looks terribly similar to the measures he’s been battling […]
Greece’s final bailout proposal: more extend and pretend
The Greek government has submitted economic reform proposals to try to secure a further bailout from its creditors, eurozone officials say. They say they received […]