greece Archives - Page 13 of 24 - theDrahos

‘Support debt cancellation for Greece,’ MPs, economists & campaigners tell Cameron

By ickonic Posted on June 30, 2015 Posted in Aggregated No Comments Tagged with cameron, economists, greece, UK

‘MPs, trade unionists, economists and campaigners have called upon David Cameron to support debt cancellation for Greece, saying it could be funded by seizing capital from speculators and banks that were the true beneficiaries of Athens’ bailouts. In an open letter to the prime minister, some 25 Labour and Green Party MPs demanded the government […]

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‘Support debt cancellation for Greece,’ MPs, economists & campaigners tell Cameron

By ickonic Posted on June 30, 2015 Posted in Aggregated No Comments Tagged with cameron, economists, greece, UK

‘MPs, trade unionists, economists and campaigners have called upon David Cameron to support debt cancellation for Greece, saying it could be funded by seizing capital from speculators and banks that were the true beneficiaries of Athens’ bailouts. In an open letter to the prime minister, some 25 Labour and Green Party MPs demanded the government […]

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Anger Aimed at Troika’s Ruthless Neoliberalism as Greece Exit Looms

By ickonic Posted on June 30, 2015 Posted in Aggregated No Comments Tagged with activism, banks, debt, ecb, euro exit, greece, imf, troika

‘President of the European Commission Jean-Claude Juncker delivered a speech in Brussels on Monday that observers say has dramatically escalated the tensions surrounding a referendum vote in Greece next Sunday—a vote that could ultimately result in the country’s exit from the Eurozone. With global financial markets responding to Sunday’s announcement that Greece’s banks and stock […]

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Anger Aimed at Troika’s Ruthless Neoliberalism as Greece Exit Looms

By ickonic Posted on June 30, 2015 Posted in Aggregated No Comments Tagged with activism, banks, debt, ecb, euro exit, greece, imf, troika

‘President of the European Commission Jean-Claude Juncker delivered a speech in Brussels on Monday that observers say has dramatically escalated the tensions surrounding a referendum vote in Greece next Sunday—a vote that could ultimately result in the country’s exit from the Eurozone. With global financial markets responding to Sunday’s announcement that Greece’s banks and stock […]

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Greek debt line: Banks close, ATM lines mount & IMF payment looms

By ickonic Posted on June 30, 2015 Posted in Aggregated No Comments Tagged with eu, euro, greece, imf

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Meltdown as the shutters stay locked at Greek banks: Branches may stay shut until July 7th as ministers draw up plan for capital controls

By ickonic Posted on June 29, 2015 Posted in Aggregated No Comments Tagged with bank holiday, bank runs, capital controls, debt, eu, euro, greece

‘Greek banks have been ordered to shut their doors on Monday as desperate savers try to withdraw their cash before the country slides into total financial meltdown. Ministers in Greece’s far-Left government were drawing up plans on Sunday night to impose ‘capital controls’, but it was reported that banks could be closed until July 7 […]

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Meltdown as the shutters stay locked at Greek banks: Branches may stay shut until July 7th as ministers draw up plan for capital controls

By ickonic Posted on June 29, 2015 Posted in Aggregated No Comments Tagged with bank holiday, bank runs, capital controls, debt, eu, euro, greece

‘Greek banks have been ordered to shut their doors on Monday as desperate savers try to withdraw their cash before the country slides into total financial meltdown. Ministers in Greece’s far-Left government were drawing up plans on Sunday night to impose ‘capital controls’, but it was reported that banks could be closed until July 7 […]

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Greek Officials Warn ‘Some Banks May Not Open Monday’

By ickonic Posted on June 28, 2015 Posted in Aggregated No Comments Tagged with ATMs, banks, greece, liquidity, referendum

‘Following Tsipras’ surprise referendum decision (and subsequent pulling of proposals by Troika the institutions), Greece’s bank jog has turned into a full sprint. ATM lines began to form at 2am, minutes after the announcement and now many ATMs are out of money and, as Bloomberg reports, some Greek banks are drastically limiting cash transactions. Despite […]

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EU ministers refuse to extend Greece’s bailout

By ickonic Posted on June 28, 2015 Posted in Aggregated No Comments Tagged with bailouts, ecb, greece, imf

‘Eurozone finance ministers have rejected a request by Greece to extend its bailout program past the June 30 deadline. Sources told AFP that the European Union ministers “rejected an extension of the aid program” at a Saturday meeting in Brussels, just hours after the Greek side rejected the creditors’ latest offer and instead called for […]

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Forget Grexit, ‘Madame Frexit’ Says France Is Next: French Presidential Frontrunner Wants Out Of ‘Failed’ Euro

By ickonic Posted on June 27, 2015 Posted in Aggregated No Comments Tagged with eu, euro exit, france, greece, Marine Le Pen, sovereignty

‘There has been some confusion why Germany and the Eurozone are so strict in negotiating with France and unwilling to concede even to the smallest of what they deem as outlandish Greek demands. The reason is not so much whether Spain or even Italy, both countries with soaring unemployment, a lost generation and a sweeping […]

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Greece to hold nationwide referendum on the country’s future on July 5th

By ickonic Posted on June 26, 2015 Posted in Aggregated No Comments Tagged with activism, bailouts, eu, euro exit, greece

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Portrait of the man who’s taken the euro to the brink: Revealed, how ‘hardcore’ Greek PM clashed with Italian police at G8 demo – and the communist lover who said she’ll leave him if he caves in to EU demands

By ickonic Posted on June 25, 2015 Posted in Aggregated No Comments Tagged with eu, greece, syriza

‘Wearing a Che Guevara T-shirt and Cuban cap, these pictures show the future Greek Prime Minister Alexis Tsipras at a violent clash with Italian police ahead of a G8 summit. Tsipras was among a group of 1,000 ‘hardcore’ Greek radicals who advanced on Italy intent on disrupting the G8 meeting in Genoa in 2001. The […]

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‘Save Greece from EU prison!’ Desperate debt graffiti daubed all over Athens

By ickonic Posted on June 25, 2015 Posted in Aggregated No Comments Tagged with activism, athens, austerity, greece, protests

‘As thousands of Greeks stage massive rallies over the debt crisis, some take to the streets expressing themselves through vibrant contemporary street art – both politically aware and socially engaged.’ Read more: ‘Save Greece from EU prison!’ Desperate debt graffiti daubed all over Athens

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EU creditors deny Greek reform plan – Now what?

By ickonic Posted on June 25, 2015 Posted in Aggregated No Comments Tagged with austerity, bailouts, ecb, eu, greece, imf

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Greece Capitulates: Tsipras Crosses ‘Red Line’ and Will Accept Bailout Extension

By ickonic Posted on June 23, 2015 Posted in Aggregated No Comments Tagged with austerity, debt, ecb, eu, greece, imf

‘We’ve long said that negotiations between Greece and its creditors are more a matter of politics than they are a matter of economics or finance. From the troika’s perspective, breaking Greece and forcing PM Alexis Tsipras to concede to pension cuts and a VAT hike is paramount, and not necessarily because anyone believes these measures […]

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