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Tag: EU

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‘I Did Not Lie’: Tsipras on the Ropes Championing New, More Austere Debt Deal

Following a referendum in which the Greek people largely rejected a debt deal with the EU and IMF requiring further austerity measures, Greek Prime Minister Alexis Tsipras has been cornered into selling the Greek Parliament an agreement even stricter than the one the referendum rejected. In doing so, he faces the herculean challenge of proving his new demand is not a complete about-face for him or his leftist party.

AP Photo/Emilio Morenatti

Greek Bailout: Everybody Capitulated to Everyone Else

The seemingly final deadline for serious Greek proposals in the debt showdown was Friday morning, and some paperwork was indeed delivered on schedule, inducing some optimism that a Greek exit from the Euro would be averted. Depending on who you ask, the deal is either a stunning triumph or disastrous capitulation for either Greece or its creditors.

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Greek Pop Star Defies Leftist Government, Urges ‘Yes’ Vote on EU Referendum

As the ruling Coalition of the Radical Left (Syriza) vocally demands the Greek people vote “no” on a referendum regarding European Union debt repayment terms on Sunday, an unlikely voice has emerged representing the opposition “yes” vote, interpreted as a vote in favor of keeping the Euro as currency and remaining in the Euro: electro-pop megastar Sakis Rouvas.

AFP PHOTO / MICHAL CIZEK

Czech Airports Report Massive Influx of Illegal Immigrants

Police report that they have arrested double the number of illegal immigrants at Czech international airports as they did last year. Most of the aliens were arrested at Prague’s international airport, and a sizeable number of them arrived on planes from Turkey and Greece.

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Greek Nationals Flee to Australia to Escape Financial Crisis

In the wake of the growing financial crisis, thousands of Greek nationals are fleeing their homeland. Tens of thousands have ended up in Australia. It is the largest wave of migration from Greece to Australia since hundreds of thousands fled the march of fascism in World War II.

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Record 137,000 Migrants Crossed Mediterranean This Year

A record 137,000 people made the perilous journey across the Mediterranean to Europe in the first half of 2015, most of them fleeing war, conflict and persecution, the United Nations said on Wednesday. “Europe is living through a maritime refugee

Jean-Christophe Magnenet/AFP

French Court Rules Italian Border Patrols Are Legal

France’s top administrative court has ruled that border controls on the French/Italian border do not violate the Schengen agreement, confirming the country can stop migrants entering through Italy. The migrants, predominantly Africans, have become a source of tension between the two

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Greece Shuts Banks, Imposes Capital Controls as Euro Referendum Nears

Greek Prime Minister Alexis Tsipras has forced all banks in the country to shut down and limit the amount of money Greeks can withdraw from ATMs. This is in anticipation of a July 5 referendum on whether Greece should accept economic reforms in exchange for a shot at not defaulting on its $271 billion debt to the European Union and the IMF.