Alexis Tsipras - Page 3

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.

Screen Shot 2015-07-04 at 6.42.51 PM

China ‘Willing to Play a Constructive Role’ in Keeping Greece in the Euro

As talks between Greek officials and members of the IMF and European Union approach their conclusion before a potential exit of the Hellenic nation from the eurozone, Chinese officials are suggesting they could play a role in helping Greece pay back its debts. The Greek crisis has negatively affected the Chinese economy, which has invested millions in Greece.

AP Photo/Virginia Mayo

EU Makes Last-Ditch Bid to Save Greek Bailout

This article originally appeared at Reuters: EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to

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.

GREECE-ECONOMY-POLITICS-EU-IMF

Thousands of Pro-European Greeks Rally Against Syriza to Keep the Euro

Thousands of Greeks rallied in Athens’ Syntagma Square on Monday demanding their government find a solution to their debt crisis that would allow Greece to remain in the Euro. The protest highlights the persistent demand from the Greek people that they remain within the Eurozone, even as Prime Minister Alexis Tsipras’ negotiation tactics put that reality in jeopardy.

REUTERS/YANNIS BEHRAKIS

Greek Communists Storm Finance Ministry Protesting EU Proposals

Individuals associated with the All Workers Militant Front (PAME), a communist trade union, stormed the Greek Foreign Ministry on Thursday, demanding the far-left government of Prime Minister Alexis Tsipras not agree to any austerity reforms with the European Union, reforms demanded by both the EU and creditors to help Greece avoid a debt default.

Greeks-protest-EU-proposals-ap

Finance Minister Varoufakis Pulled Back from Greek Debt Negotiations

Bloomberg Business understandably sees all sorts of signals in Greece’s decision to pull Finance Minister Yanis Varoufakis back from bailout negotiations, a move it describes as “clipping Varoufakis’ wings” and “reining him in” after three months of debt talks failed to produce an agreement.

AFP PHOTO/NICHOLAS KAMM

Greece ‘Overwhelmed’ by Influx of Syrian Refugees Across the Aegean

While the ongoing migrant crisis in the Mediterranean Sea has captured the world’s attention after more than 800 people drowned in a capsized ship headed to Italy last week, a parallel situation has begun to unravel in the Aegean, with more than 100 mostly Syrian refugees drowning in the last 48 hours as they attempted to reach Greece.

Argiris Mantikos/Eurokinissi, via Reuters

Greece Making Ends Meet by Becoming China’s Gateway to Europe

In what was received as a pleasant surprise by the European Union, Greece made its first 460 million euro payment to the IMF this week. The Mediterranean country continues to struggle with generating enough revenue to pay off their multi-billion-dollar debt, and one major international player looking to capitalize on their need for business is China.

AP Photo/Thanassis Stavrakis

Greek PM Raises WW II Reparations during Otherwise Cordial Berlin Visit

Leftist Greek Prime Minister Alexis Tsipras, during a visit with German Chancellor Angela Merkel in Berlin, raised the issue of Greece receiving war reparations for the damage the Nazis did to the country in World War II. Despite Merkel’s rapid dismissal of the possibility, the two appeared cordial and friendly during their public press event leading up to a reception dinner.

AP Photo/Michael Sohn

Greece Renews Threat to Seize ‘War Reparations’ from Germany

The eleventh-hour decision to extend Greece’s bailout a few weeks ago turns out to have been an even closer shave than it seemed at the time, with Reuters reporting that a massive revolt among German conservatives left the vote “hanging by a thread,” as one German legislator put it. Escalating tensions between sullen Greece and fed-up Germany could make the votes on further bailout extensions or new financing deals even tighter.

Reuters / Alkis Konstantinidis