Search Results for: Greek Prime Minister Alexis Tsipras
On Monday, It’s China Versus Greece
June 29th, 2015
Fear and greed are both getting a serious workout lately, but Monday will be even more fun than usual because of two big stories that hit over the weekend. First, Greece decided to put the draconian demands of its ...
Closed banks and capital controls until referendum
June 29th, 2015
In wake of MPs approving plebiscite, gov’t agrees to emergency measures after ECB decides not to lift limit on liquidity Greece heads to a referendum on Sunday that could decide whether its future lies in or out of the ...
Asian stock markets sink after Greece closes banks
June 29th, 2015
Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. Oil prices declined and the euro edged down against the dollar after Athens announced the ...
Crisis talks on Greece to stretch into the weekend
June 26th, 2015
After yet another inconclusive Eurogroup in Brussels Thursday, finance ministers agreed that more talks were required to bridge enduring gaps between Greece and its creditors with another Eurogroup to be held over the weekend, most likely on Saturday. Greek ...
Greece Lurches Closer to Default
June 25th, 2015
European officials resumed talks on Greece’s bailout on Thursday after a day of negotiations broke up in the early hours without ending the standoff that has brought the country on the cusp of a default. With the Greek government ...
Hopes for Greece bailout deal rise sharply as Athens gives ground
June 23rd, 2015
Creditors view new Greek proposals on pensions and VAT as the most positive move yet in five months of wrangling Hopes of a deal that would spare Greece from a looming debt default and possible exit from the single ...
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 ...
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 ...
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 ...
