referendum
Economy
What Happens When a Country Like Greece Closes Its Banks
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History can shed some light on the Greek drama. Before joining the euro, the Greece's government had previously implemented strict capital controls and transaction limitations.
Greece
Juncker Offers New Last Minute Deal to Greece on Tuesday; Tsipras Says NO
A few hours before debt-ridden Greece's bailout package expires, European Commission President Jean-Claude Juncker made a new and 'final' offer to Greek Prime minister Alexis Tsipras the first hours of Tuesday.
The Greek Reporter has learned that the new proposal is based...
Economy
Only God Can Save Greece…
If you want to be executed vote YES, if you would rather commit suicide vote NO: Greece Referendum
Economy
ND Leader Samaras: The Real Question Is 'Yes' or 'No' to the Euro
Main opposition leader Antonis Samaras said on Monday that the real question of the referendum which will be held in Greece on July 5 will be whether to stay in the euro or not.
Speaking to New Democracy’s (ND) parliamentary...
Economy
Merkel: Ready for New Greece Talks 'After Referendum'
German Chancellor Angela Merkel played down prospects of a breakthrough with Greece in the coming days, but said she stood ready to restart talks with the government in Athens after a planned referendum on Sunday.
"Should the Greek government ask...
Cyprus
Greek Democracy Is Back
In a true Democracy no government, parliament or president, politicians or political parties have the legitimacy to make constitutional changes to alter the basic fabric of the nation without the overwhelming consent of the people.
Under an ungodly pressure imposed...
Economy
Germany Reacts to Greece ’s Referendum
Germany’s Chancellor Angela Merkel’s Christian Democrats (CDU) and their coalition partners, the Social Democrats (SPD) are highly critical of Greek Prime Minister Alexis Tsipras and his finance minister, Yanis Varoufakis, for their decision to turn down an “extraordinarily generous”...
Greece
Hollande: Greek Vote is For Greece to Stay or Leave the Eurozone
French President Francois Hollande said Monday that the referendum on EU's bailout proposals to be held in Greece on July 5th is a "sovereign choice" on whether or not to leave the euro zone.
"It is democracy, it is the...
Greece
Tsipras' Dramatic Call to Europe: "Restore the ELA to Greek Banks"
Greek Prime Minister Alexis Tsipras made a dramatic call to Europe to increase its Emergency Liquidity Assistance (ELA) to Greek Banks, in order for Greece not to turn to chaos.
The European Central Bank (ECB) did not kept the financial...
Economy
ECB Reportedly to Stop Emergency Assistance to Greek Banks
The European Central Bank (ECB) will stop providing Emergency Liquidity Assistance (ELA) to Greece, the BBC reports, citing unnamed sources.
The end of emergency lending to Greece's banks might come as soon as Sunday - a move that could force them...