Search Results for: Greek Prime Minister Alexis Tsipras
ECB to keep tight funding grip on Greek banks after ‘no’ – sources
July 6th, 2015
The European Central Bank (ECB) is likely to maintain emergency funding for Greek banks at its current restricted level, people familiar with the matter said on Sunday, a move that will see lenders run out of cash soon. There ...
Trillion-Dollar Stock Managers See Chaos on Greek ‘No’ Vote
July 6th, 2015
It shouldn’t have gotten this far. That’s the view of equity managers overseeing more than $3.7 trillion, who say the game of chicken between Greek Prime Minister Alexis Tsipras and creditors threatens lasting damage to a European stock rally ...
Greece debt crisis: Greek voters reject bailout offer
July 6th, 2015
Greek voters have decisively rejected the terms of an international bailout. The final result in the referendum, published by the interior ministry, was 61.3% “No”, against 38.7% who voted “Yes”. Greece‘s governing Syriza party had campaigned for a “No”, ...
IMF warns of huge financial hole as Greek vote looms
July 3rd, 2015
The International Monetary Fund delivered a stark warning on Thursday of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum that could decide their country’s future in Europe. Days after Greece defaulted on ...
How Investors Should React to the Greek Crisis
July 2nd, 2015
Step one: Don’t panic. Even from afar, it’s hard for U.S. investors to ignore the Greek economic crisis, which continues to roil global markets. After Greece saw its bailout funds expire Tuesday—and became the first developed country to fail ...
Greece PM Tsipras Makes Move to End Bailout Deadlock
July 1st, 2015
Greek Prime Minister Alexis Tsipras accepted creditors’ proposals as a basis for compromise to end a standoff over its bailout. In a letter to European Commission President Jean Claude Juncker, European Central Bank President Mario Draghi and International Monetary ...
Greek referendum is a Machiavellian plot
June 29th, 2015
Alexis Tsipras gambles on Greece’s future with a sham referendum. A few days ago, in the euro summit on June 22, all indications were that Europe’s political beasts and IMF representatives were ready to accept the latest proposal of ...
Capital controls: How Greeks and tourists will be hit
June 29th, 2015
For the average Greek, capital controls have now gone from threat to reality. But what does this mean in practice? On Monday morning, employees of the National Bank of Greece, the country’s largest commercial bank, were continuing to go ...
Does The IMF Actually Want To Cause A Greek Debt Default?
June 24th, 2015
When it comes to geopolitics, there are often wheels working within wheels that are working within wheels. Once in a while we get a peek behind the scenes, but for the most part the machinations of the global elite ...
Greek crisis: Tsipras says ‘no deal’ with creditors
June 24th, 2015
International creditors on Wednesday rejected the Greek government’s plan to end its financial crisis, but they have submitted counterproposals. News of the rejection, announced by Greek Prime Minister Alexis Tsipras, dashed hopes of an imminent deal between the embattled ...
