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Euclid Tsakalotos takes over as Greek FM after Yanis Varoufakis quits

Jul 06, 2015

Euclid Tsakalotos takes over as Greek FM after Yanis Varoufakis quits

The leftist economist and lawmaker of the ruling Syriza party replaces flamboyant fellow economist Yanis Varoufakis, who stepped down earlier Monday. #Economy #IMF #NewsTracker #Greece #EU #Yanis Varoufakis #Euclid Tsakalotos
Greek referendum: 'Yes' has a slight lead but it is a close call, shows opinion poll

Jul 03, 2015

Greek referendum: 'Yes' has a slight lead but it is a close call, shows opinion poll

Already, Tsipras' coalition is crumbling as a succession of deputies from the right-wing Independent Greeks, his junior partners, have backed the 'Yes' vote #IMF #Euro #EU #ECB #greek debt crisis #Bailout Referendum
No point in retaining Greece: Allow it to exit euro for quicker resolution of mess

Jul 02, 2015

No point in retaining Greece: Allow it to exit euro for quicker resolution of mess

The question that Alexis Tspiras government will have to ask itself is after exiting the euro whether it can actually go slow on austerity and keep spending more drachmas, where there are no corresponding goods being produced. #Economy #IMF #InMyOpinion #European Central Bank #Grexit #Alexis Tspiras
Greek PM Alexis Tsipras vows to go ahead with controversial bailout referendum

Jul 02, 2015

Greek PM Alexis Tsipras vows to go ahead with controversial bailout referendum

Greek Prime Minister Alexis Tsipras has vowed to press ahead with a controversial bailout referendum as European leaders ruled out any fresh debt offer before Sunday's vote. #IMF #NewsTracker #Greece #International Monetary Fund #EU #Brussels #Alexis Tsipras #Greek
It is unlikely Greece will leave euro, and the country will move from crisis to crisis

Jul 02, 2015

It is unlikely Greece will leave euro, and the country will move from crisis to crisis

The euro is as much a political project as it is an economic one. Given this, chances are in the days to come a deal will be hammered out between Greece and the economic troika #IMF #European Union #Euro #European Commission #ECB #Greece debt crisis
One day later in Greece: The more things change, the more they remain same

Jul 01, 2015

One day later in Greece: The more things change, the more they remain same

Greece has defaulted on the payment of 1.6 billion euros that it had to make to the International Monetary Fund (IMF) by the end of the day yesterday (i.e. June 30, 2015) This is the first instance of a developed country defaulting on a payment that it owed to the IMF. #GDP #IMF #Greece #Europe #Germany #bailout #Austerity #ECB
Heart of gold: British shoe seller launches crowdfunding project for Greece's debt crisis

Jul 01, 2015

Heart of gold: British shoe seller launches crowdfunding project for Greece's debt crisis

A British shoe shop worker launched an online crowdfunding campaign to raise the money for Greece to meet its now expired IMF debt repayment #Greece #Europe #greek debt crisis #Thom Feeney #British shoe-seller #crowdfunding project #IMF debt payment #Greek Bailout Fund
Despite last-minute proposals to creditors, Greece defaults on IMF debt

Jul 01, 2015

Despite last-minute proposals to creditors, Greece defaults on IMF debt

Opinion polls show a majority of Greeks favour holding on to the euro, but the referendum is shaping up to be a close call. #IMF #Christine Lagarde #Greece debt crisis #Greece Default