Default comes after the closure of the banks…

Default comes after the closure of the banks…

The financial circumstances will get worse and there will be more unpleasant surprises until the referendum Tuesday, June 30, 2015
The country’s position is rapidly getting worse. After the closure of the banks and the imposition of capital controls, the default...
PM Alexis Tsipras: “I am not an ‘all-weather’ Prime Minister”

PM Alexis Tsipras: “I am not an ‘all-weather’ Prime Minister”

Greece will not be forced out of the euro because the cost from a default would be immense, he estimated Tuesday, June 30, 2015
The Prime Minister Alexis Tsipras stated that he is “not an all-weather Prime Minister” in the Monday evening interview he gave...
SYRIZA Ministers and MEP express doubts and objections to referendum

SYRIZA Ministers and MEP express doubts and objections to referendum

The Prime Minister's call for a referendum has caused tension within the governing party Tuesday, June 30, 2015
The dramatic developments following the call for a referendum has caused tension within the ranks of the governing SYRIZA...
Greek government reportedly rejects new Juncker proposal

Greek government reportedly rejects new Juncker proposal

The European Commission President contacted PM Tsipras following his press conference Tuesday, June 30, 2015
A few hours after his press conference on Monday, the President of the European Commission Jean-Claude Juncker is rumored...
Sapin: “If the Greek people vote ‘yes’ we will continue the talks”

Sapin: “If the Greek people vote ‘yes’ we will continue the talks”

French Finance Minister explained that a Greek departure from the Eurozone would be dramatic Tuesday, June 30, 2015
The French Minister of Finances Michel Sapin argued that a possible rejection of the proposal of the institutions on Sunday’s...
Daily cash withdrawal cap may be reduced to 20 euros

Daily cash withdrawal cap may be reduced to 20 euros

Cash reserves are drying out – pensioners to be allowed 120 per week - Finance Ministry disputes rumor Tuesday, June 30, 2015
The daily limit on cash withdrawals from ATMs may soon be reduced from 60 to 20 euros, as banks are struggling to keep up...

Editorial: From hope to the brink

Tuesday, June 30, 2015
Greece is literally on the brink of catastrophe. What the Greek people have experienced since Friday midnight are not scenarios...
Juncker urges Greek people to vote “yes” on Sunday

Juncker urges Greek people to vote “yes” on Sunday

EC president claimed Greece abruptly broke off talks - PM Tsipras requests extension of current program Monday, June 29, 2015
The President of European Commission Jean-Claude Juncker gave a press conference at midday on Monday, in response to the...
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