Tags » Greece Bailout

Euro tumbles as Greece heads for the exit

GREECE – Markets are already reacting to Greece’s rejection of Europe’s latest bailout offer, and it’s not pretty to watch.

The euro fell after Greek voters said “no” to the offer by a big margin in a referendum on Sunday, backing their left-wing prime minister’s call to reject austerity. 475 more words


What Looms for Greece After Referendum

File photo: Greek Prime Minister Alexis Tsipras Athens: Greek Prime Minister Alexis Tsipras’s plan to hold a referendum on Sunday on creditors’ demands for austerity has prompted a breakdown in talks with lenders, forced Greece to shut banks and left its future in the euro in doubt. 26 more words

Greece Debt Crisis -Explained

Greece’s economic and political chaos is hitting headlines around the world again – a trickle of news is becoming a flood ahead of Greece’s bailout referendum on Sunday July 5th. 534 more words

Current Affairs

Greece Bailout Debacle - A Greek Ruin

While the Greek bailout debacle continues to wind and waver, it is an interesting phenomena pitting economic, political, societal and social ideals against one another. The bailout certainly isn’t new, it has been an ongoing grind for five years that has only recently come to a fullblown volcanic eruption reminiscent of the ancient Greek ruins. 734 more words


The Greeks Run Out Of Other People’s Money

By Andrew Bolt ~

Sound familiar?

The problem with Greece is that it wanted to develop a modern country with benefits for all, especially those that vote.

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Public Opinion

Greece asks for another bailout while Puerto Rico wants to file for bankruptcy

ATHENS, GREECE – Countries in Europe and around the world are slipping in Greece, figuratively and literally. Here’s the latest 411.

The Greeks asked for another European Union bailout, but they don’t want the International Monetary Fund involved, because of the strict economic measures the IMF insists the Greeks implement. 212 more words


Grexit : the new Armageddon?

Athens proposes third program as second lapses

As Greece’s second bailout program came to an abrupt end on Tuesday night, the Greek government made a new last-ditch proposal to its lenders amid disputes within the cabinet about what route the coalition should follow. 689 more words