‘The Spanish prime minister has rejected his Greek counterpart’s claim that Spain and Portugal have formed “an axis of forces” to topple the government in Athens. “We are not responsible for the frustration generated by […]
Greece Buys Gold Sovereigns as New Greek Drachmas Unveiled – Greece warns may default on IMF loan next week – Greek bank runs continue and deposits flee – German Bundestag votes for bailout extension – Syriza agree to a bailout…
‘Since 2010 the troika, consisting of the International Monetary Fund, the European Central Bank and the European Union’s commission, has forced different governments in Athens to implement six consecutive austerity programs which have severely lowered […]
‘Fractures began to appear in the Greek government today as Athens prepared to hand over a key proposed list of structural economic reforms to the country’s European creditors. The proposals – which include cracking down […]
‘As Greece celebrates the inauguration of its anti-austerity government, the euphoria should be tempered with a bit of realism. Although new Prime Minister Alexis Tsipras, who named his son «Ernesto» after Cuban revolutionary Ernesto «Ché» […]
For all the third-party analysis, punditry and opinions such as this one by the Irish finance minister Michael Noonan: “Their political problem is that this a reversal of their election position. There is absolutely nothing […]
‘Greek Prime Minister Alexis Tsipras has warned of “real difficulties” ahead, as his government faces a Monday deadline to submit a list of reforms to lenders. Under a deal agreed on Friday, the list must […]
‘Greek Prime Minister Alexis Tsipras has warned of “real difficulties” ahead, as his government faces a Monday deadline to submit a list of reforms to lenders. Under a deal agreed on Friday, the list must […]
‘Within the space of a few hours, German Finance Minister Wolfgang Schäuble (CDU) rejected outright written requests by the Greek government on Thursday for an extension of its previous credit agreement with the EU. Schäuble […]
‘Greek Finance Minister Yanis Varoufakis–an economics professor who has taught at Cambridge and the universities of Athens, Sydney and Texas–may understand the Greek debt crisis even better than New York Times reporters. As corporate media […]
‘As EU politicians failed to reach a Greek debt deal in Brussels, thousands of people poured onto the streets of Athens and other large cities to protest austerity and voice support for the recently elected […]
‘There is no doubt that the near majority obtained by Syriza in the elections last month represent a point-of-no-return for Europe. This is the result most feared by the rulers of several countries and, above […]
‘With the recent victory of Syriza in Greece, opponents of austerity the world over have been rejoicing. The news from a country crushed by austerity policies, the European Central Bank, the IMF, and corrupt oligarchs […]