Search Results for: Alexis Tsipras
EU-Greece negotiations are at the finish line
June 22nd, 2015
After five months of high drama, debt negotiations between the leftist government in Greece and its official lenders – the European Commission, the International Monetary Fund, and the European Central Bank – are near the finish line. On June ...
Could Russia afford to bail out Greece and what would that mean?
June 22nd, 2015
There are deep cultural and historical ties between Greece and Russia. In terms of religion, the majority faith in both countries is Eastern Orthodox. And Russia has a track record of standing up for Greece, like it did during ...
Gold under pressure, market awaits outcome of Greek talks
June 22nd, 2015
The gold price dropped back below $1,200 on Monday morning while crunch talks between Greece and European creditors take place. Spot gold was last at $1,197.20/1,198.00 per ounce, down $2.40 on Friday’s close. Silver was up five cents at ...
Greece debt crisis: EU leaders gather for critical summit
June 22nd, 2015
Greece faces a critical 24 hours as European leaders gather for an emergency summit in Brussels that could break the deadlock around the country’s debt crisis. On Sunday, Greek PM Alexis Tsipras set out new proposals to try to ...
Asia cheers Greece’s 11th-hour proposals to avert default
June 22nd, 2015
Asian shares got the week off to a strong start and U.S. stock futures and the euro firmed on Monday, after Greece scrambled to avert defaulting on its debt with last-minute proposals aimed at appeasing its creditors. Financial spreadbetters ...
Greece crisis: Emergency summit called for Monday
June 19th, 2015
An emergency summit of leaders from eurozone nations will be held on Monday, after the latest attempt to resolve the Greek debt crisis failed. A meeting of finance ministers on Thursday made no breakthrough. Head of the Eurogroup, Jeroen ...
The Next Great European Financial Crisis Has Begun
June 18th, 2015
The Greek financial system is in the process of totally imploding, and the rest of Europe will soon follow. Neither the Greeks nor the Germans are willing to give in, and that means that there is very little chance ...
What Happens If Greece Defaults On IMF, ECB And Leaves The Eurozone?
June 18th, 2015
Time is running out–yet again–for Greece. The most heavily indebted country in the Eurozone is headed for a showdown with its creditors that may result in a default on its debt, and possibly in its leaving the euro. The ...
No breakthrough expected at Eurogroup despite Faymann visit, Juncker call
June 18th, 2015
Expectations are low for significant progress in Greece’s talks with its lenders at Thursday’s meeting of finance ministers in Luxembourg, despite a brief phone call between European Commission President Jean-Claude Juncker and Prime Minister Alexis Tsipras last night. A ...
Bitcoin surges as Grexit worries mount, posts best run in 18 months
June 17th, 2015
Bitcoin surged by as much as 7 percent on Tuesday and was on track for its longest winning streak in 18 months, as concerns that Greece could tumble out of the euro drove speculators and Greek depositors into the ...
