Search Results for: Greek Prime Minister Alexis Tsipras
Fast Facts about the Debt Crisis in European Countries
June 11th, 2015
Here’s a look at the European Debt Crisis which has affected the countries of Cyprus, Greece, Ireland, Italy, Portugal and Spain. Cyprus: July 11, 2011 – A munitions explosion at a naval base kills 13 people and destroys the ...
Greece moves closer to eurozone exit after delaying €300m repayment to IMF
June 5th, 2015
Athens takes creditor by surprise, saying it will bundle together €1.6bn of debt payments due to International Monetary Fund and settle up on 30 June Greece has moved closer to default and possible exit from the eurozone after telling the ...
Asian stocks down as markets weigh Greece, US growth
June 2nd, 2015
Asian stocks drifted lower Tuesday as markets weighed a possible rebound in U.S. growth against doubts about Greece‘s ability to make debt payments and stay in the euro currency bloc. KEEPING SCORE: Japan’s Nikkei 225 was down 0.1 percent ...
Varoufakis fuels confusion over reforms as Juncker questions his role
May 27th, 2015
As Greece’s negotiations with its creditors enter the most critical phase, the country’s finance minister created fresh confusion on Tuesday with statements regarding possible tax reforms which were almost immediately revoked. Meanwhile, fuelling speculation about how much longer Varoufakis ...
Debt talks resume amid concerns over differences, looming repayment, political upheaval
May 26th, 2015
Government officials on Monday expressed confidence that Greece was close to a deal with creditors that would allow loans to be unlocked but pressure is growing on Prime Minister Alexis Tsipras from abroad and on the domestic front. The ...
Greece warns it is set to default on debt repayment loans
May 25th, 2015
Interior minister says Athens simply cannot satisfy IMF deadline next month unless it works out a deal with eurozone creditors Greece has threatened to default on €1.6bn (£1.14bn) of debt repayment due on international bailout loans next month, claiming it ...
Yanis Varoufakis says Greece will have a deal within a week (Video)
May 19th, 2015
The Greek government’s coffers are running dry, but finance minister Yanis Varoufakis has good news — he thinks a bailout deal with the country’s international creditors is imminent. In a televised interview on Monday night, when pressed to give ...
Greece plays down referendum option, economy stutters
May 14th, 2015
Greece‘s government on Wednesday ruled out rushing to a referendum to secure public support for unpopular reforms, opting instead to make a final push for a compromise with lenders by the end of the month. Running out of both ...
Greece makes IMF payment but hopes of quick deal dashed
May 6th, 2015
Greece made a small interest payment to the International Monetary Fund on Wednesday but European lenders dashed hopes for a cash-for-reforms deal before a more crucial, bigger installment Athens must pay next week. Leftist Prime Minister Alexis Tsipras‘ government ...
Greece Weakens Yanis Varoufakis’s Influence in Bailout Talks
April 27th, 2015
Country shuffles bailout team involved in talks with international creditors Greece has shuffled the team involved in bailout talks with the country’s international creditors, a senior government official said Monday, in a move that may reduce the influence outspoken ...
