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#GreeceDebtCrisis ' Tsipras letter asking for New 2-Year Bailout Agreement from ESM '

#AceNewsReport – GREECE Update: June.30: The Greek government has asked for a new bailout program from the European Stability Mechanism (ESM), that’ll cover all the country’s financial needs for the next two years, according to the government statement. 364 more words


Greece asks for new bailout — its third — at 11th hour

Athens applies to European Rescue Fund for loans in return for debt relief as midnight bail-out expiry looms

‘No’ protestors gathered in Greece’s Syntagma Square on Monday night six days before a referendum will be held Photo: 2015 Getty Images… 732 more words

Greece on Tuesday asked for a new bailout -- Is the 3rd bailout the charm? Last-minute diplomatic push

Published: June 30, 2015 11:02 a.m. ET

Greek Prime Minister Alexis Tsipras. Reuters photo

Greece on Tuesday asked for a new bailout amid a last-minute diplomatic push to seal some kind of agreement before the country’s current rescue deal expires and it defaults on a payment to the International Monetary Fund. 152 more words

Yanis Varoufakis has a point - the Greek debt crisis is mostly about the collapse of NGDP

The Greek Finance Minister Yanis Varoufakis has a new article for Project Syndicate. He is making a point that Market Monetarists have been making since the outbreak of the… 859 more words

Euro Crisis

Germany Is Pretty Sure The Euro Zone Doesn't Need Greece

The German government believes that the euro zone would now be able to cope with a Greece exit if that proved to be necessary, Der Spiegel news magazine reported on Saturday, citing unnamed government sources. 278 more words


RT: Germany believes eurozone can survive Greece exit – report


Published time: January 04, 2015 00:22
Edited time: January 04, 2015 04:06

AFP Photo/Louisa Gouliamaki

Germany believes the eurozone is now stable enough and has sufficient rescue mechanisms to survive the potential ramifications of Greece leaving the single currency union, Der Spiegel reports citing sources in the German government. 553 more words


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Friday/Saturday 25th & 26th July 2014

I told Enda Kenny that Ireland has no chance of a bank debt deal


An alley of German chancellor Angela Merkel has said he told Taoiseach Enda Kenny that Ireland cannot use the new eurozone bailout fund to retrospectively recapitalise its banks. 2,147 more words