European Union
Economy
The Greek Prime Minister's Speech in the European Parliament
Greek Prime Minister Alexis Tsipras spoke to the European Parliament presenting the country's position on the debt issue and spoke of the five years of austerity Greece went through.
"I am here today after the referendum and Greek people's mandate...
Greece
EU Leaders Release Statements after Euro Summit on Greece (Video)
The leaders of the European Union met today in Brussels to begin talks on Greece and a new Greek bailout agreement after the July 5 referendum.
Below is their full statement after tonight's Euro Summit:
1. We met tonight to discuss...
Economy
Japan Econ Min Amari Calls on Greece, EU to Agree Win-Win Situation
Japan's Economics Minister Akira Amari said Greece and the European Union should work hard to strike a win-win deal that would keep Greece in the eurozone, according to Reuters news agency.
"Greece and the EU should also take steps to...
Economy
Hollande-Merkel Call Urgent Eurozone Leaders Summit on Tuesday
Following the overwhelming rejection of the institutions' proposed bailout deal on Sunday's Greek referendum, French President Francois Hollande and German Chancellor Angela Merkel have called for the Euro's leaders to convene at an urgent Eurozone leaders summit on Tuesday.
On Monday the...
Cyprus
Cypriots Demonstrate in Favor of Greek ‘No’
Protesters outside the European Union House in Nicosia, Cyprus, on Saturday expressed their solidarity and support to the Greek people, as well as their disapproval of the European Union and the International Monetary Fund’s austerity policies.
The crowd waved Cypriot and...
Europe
Europe Is Heading Towards Constitutional Crisis, With or Without Greece
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The future of the European Union and its shaky legal foundations have been laid bare by the Greek crisis.
Economy
Greek Energy Minister: We Have a Plan B, We Don't Need EU Money
Greece has a Plan B and does not need European Union money, said Productive Reconstruction, Environment and Energy Minister Panagiotis Lafazanis.
"The situation is very difficult but we shouldn't allow the opportunity to exploit us," Lafazanis said to Russia 24...
Economy
Thousands of Greeks Demonstrate Saying 'Yes' to Europe
Thousands of Greeks protested in front of the Greek Parliament asking to stay in the European Union and the euro. The mayors of Athens and Thessaloniki delivered speeches and demonstrated for Europe.
Despite the early drizzle that developed to a hard rain,...
Economy
Thousands Demonstrate Against Greece's Deal with Creditors
Thousands of Greeks rallied on Monday evening at Syntagma Square in downtown Athens to protest against the proposed deal by Greece's creditors.
Most protesters said they are against "the blackmailing of the European Union and the International Monetary Fund."
The rally was...
Economy
European Commission Says Greek Capital Controls Justified
The European Commission approved Greece's imposition of capital controls on Monday, saying Athens was justified in temporarily breaching European Union laws on free capital movement in order to protect its banks.
"As guardian of the Treaties and with a view...