Tags » Greece Bailout

More promises, more skepticism as Europe talks around Greek problem

It’s a tired old playbook, but one that neither Greece nor its creditors has found an alternative to yet.

Greece’s Prime Minister Alexis Tsipras promised late Thursday to submit a more concrete list of reforms to the country’s creditors in the Eurozone that will allow them to unlock the remaining billions in its bailout agreement and stave off bankruptcy, while the creditors repeated with increasingly strained patience their willingness to support the country, but only on their terms. 389 more words


Greece Considers Raiding The Pensions Piggy Bank

By Andrew Bolt ~

Here’s something for Greens supporters and more reckless Labor voters here in Australia to consider. You really cannot build a social welfare utopia on borrowed money. 317 more words

Public Opinion

Greek prime minister on his country's debt crisis: Don't worry—we got this

Alexis Tsipras’s country might be on the verge of running out of cash and defaulting on its debt to international creditors. But you would hardly have known that by looking at the Greek prime minister on Thursday, when he flew into Paris and briefed reporters. 828 more words


Tsipras Risks Leading Greece to Disaster- Wall Street Journal

Clock Is Ticking Down on a Greek Solution
Prime Minister Alexis Tsipras risks leading the country to disaster

Alexis Tsipras risks leading Greece to disaster—and he has just days to pull the country back from the brink. 978 more words


ECB to start buying government bonds Monday as outlook improves

The European Central Bank will start buying government bonds on Monday and has no intention of scaling back its plans to pump over €1 trillion into the Eurozone economy over the next 18 months, President Mario Draghi said. 598 more words



It is rare to see a piece of news that is genuinely uplifting, even rarer in the economics or politics section. To see Syriza win in Greece a few weeks ago was such an event; a country dogged by corruption and punished for years by the EU used the internationally sanctioned means of expression, voting in a new government who promised to put an end to austerity. 754 more words

Greece bailout: Deadline looms for crucial reforms

Greece is preparing to present a list of reforms to lenders in order to secure a bailout extension.

The list to be submitted on Monday must be approved by international creditors to secure a four-month loan extension. 583 more words