Greek Debt Crisis

Greece from a Common Sense Perspective

01 Jul 2015 @ 01:32
I awoke before sunrise this morning and found a message in my inbox from the BOSS, asking if I would “write a piece about Greece.” I said, of course that I would. After having tended to some business, it is now four hours later and I can see that the entire continent of Europe is […]
 

"Grexit" negotiations: time is running out

01 Jul 2015 @ 00:44
Greek Finance Minister, Yanis Varufakis today confirmed to the press that Greece will not pay the 1,600 million euros owed to the International Monetary Fund (IMF), whose term expires at midnight. However, the European Commission (EC), through its president Jean-Claude Juncker, submitted an last-minute offer to the Greek PM, Alexis Tsipras, with three conditions to […]
 

Greece faces turmoil as IMF deadline looms

30 Jun 2015 @ 21:36
Greek PM asks voters to reject bailout terms The future of the Greek economy faces continued uncertainty after Prime Minster Alex Tspiras threatened to resign if citizens did not vote to reject EU-IMF proposals bailout. “If the Greek people want to proceed with austerity plans in perpetuity, which will leave us unable to lift our […]
 

Greek Leader Tsipras Threatens to Resign if Greeks Vote to Accept Bail-out Terms

30 Jun 2015 @ 19:19
Alexis Tsipras, the Greek PM, is threatening to resign if the referendum next Sunday doesn’t go his way, claiming that only by voting against austerity would Greece be able to negotiate a settlement to the current crisis. The referendum will ask voters whether to accept the terms put forth last week by eurozone creditors. In […]
 

The Greek Debt Crisis and the Markets

30 Jun 2015 @ 19:10
The euro fell as the prospect of a Greek exit from the Euro, or Grexit, moved ever closer. At one point it fell below $1.10 after the Greek government failed to come to an agreement with its creditors at the weekend. Banks in Greece will be closed all week, with capital controls limiting the amounts […]
 
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