Greece - Page 28

Greece’s president formally gave the conservative opposition a chance on Friday to form a new government after leftist Prime Minister Alexis Tsipras resigned, but the country appears almost certain to be heading to an election next month. Tsipras quit on

Greek Prime Minister Alexis Tsipras of the socialist Syriza party will reportedly step down and call for snap elections on September 20, rocking his already crisis-riddled nation with fresh wave of political turmoil. A formal announcement of his resignation is expected Thursday afternoon, along with a televised address to the Greek people.

Greek Prime Minister Alexis Tsipras will submit his resignation to the country’s president later Thursday to clear the way for early elections on Sept. 20, a government official said. Tspiras, elected in January, is expected to make a televised state

In a very long piece on former Greek finance minister Yanis Varoufakis in the New Yorker, the former head of the nation’s economy admits to being surprised both by the Greek people’s rejection of an austerity deal and the Prime Minister’s acceptance of one.

Contents: A train station in Macedonia becomes the new European migrant choke point; Surging numbers of migrants on EU borders; Chinese fear thunderstorms will bring new explosions and death in Tianjin

Greece appealed to its European Union partners on Tuesday to come up with a comprehensive strategy to deal with a growing migrant crisis as new data showed 21,000 refugees landed on Greek shores last week alone. That number is almost

As Europe’s migrant crisis continues to worsen, Turkey has stood out as the country that continues to be targeted as a bridge to the continent, largely due to its geographic location.

The Greek government appears likely to call a confidence vote following a rebellion among lawmakers from the ruling Syriza party over the country’s new bailout deal, senior ministers said on Monday. Energy Minister Panos Skourletis described such a parliamentary vote

After a few relatively calm months, there have been clashes between police and “migrants” in Greece, and now there are reports of mysterious masked gunmen intercepting refugee boats in Greek waters.

Greek Prime Minister Alexis Tsipras confronted a widening rebellion within his leftist Syriza party as parliament voted to approve the country’s third financial rescue by foreign creditors in five years. The vote was held after daybreak on Friday after lawmakers

Contents: Massive explosion in Tianjin highlights China’s dismal industrial safety record; Greece’s island Kos moves to center of Europe’s migrant crisis

The tiny Greek island of Kos, population 30,000, is seeing hundreds of illegal immigrants come ashore daily – and local police are turning to improvised weapons coupled with controversial crowd control techniques including sonic weapons to keep things under control. One

Officials governing the Greek island of Kos, home to tens of thousands of illegal migrants from the Middle East, have issued a letter calling Alternate Minister for Immigration Policy Tasia Christodoulopoulou and the Athens government “irresponsible” for offering insufficient aid to help curb the increasingly tense migrant issue.

As Greeks prepare for the beginning of the school year in September, there are serious concerns among Ministry of Education officials that as many as 27,000 teacher and university professor positions will remain unfilled. Officials are scrambling to recruit substitute teachers with fewer certifications to fill classrooms.

From Austria comes the report of a scene all too familiar on the southern border of the United States, cranked up to a degree that would raise the eyebrows of even the most seasoned U.S. Border Patrol veterans. 86 Middle Eastern “migrants” were stuffed into a locked, windowless truck, blasting through 95-degree heat without ventilation for over twelve hours.

Contents: Hungary speeds up construction of anti-migrant border fence; UNHCR: Greece’s islands Kos, Chios, Lesbos are in ‘total chaos’ over migrants

NAXOS, Greece (Reuters) – A jovial potato farmer whose family has tilled the fertile land on the island of Naxos for over 200 years, Stelios Vathrokilis is unfazed by all that he believes a farmer must inevitably face: God, inclement

The radical leftist party Podemos (“We Can”) that took Spain by storm last year is suffering major poll losses leading into Spain’s parliamentary elections in November, a new government poll shows, as Spanish observers grow wary of socialism following the decline of the Greek economy.

Contents: Hundreds of migrant deaths in Mediterranean highlight Libya-Calais relationship; U.S.-trained Free Syrian Army’s Division 30 suffers major defeat; US program to train rebels in Syria appears flawed from the start

The Greek stock market was shut down five weeks ago, as the nation spiraled into an economic and political crisis, facing its final debt showdown with European creditors. The market just concluded its first day of trading since the shutdown, and the outlook is grim: the market lost 16.2 percent of its value on the first day back in business.

The criminal investigation into former Greek Finance Minister Yanis Varoufakis will involve a cyber-crime law enforcement unit, as Greek officials seek to uncover whether Varoufakis’ “Plan B,” an emergency plan that would have required the government to hack into private taxpayer accounts and switch from the euro to the drachma currency.

Speaking of an EU coup in Greece, Former Greek finance minister Yanis Varoufakis has warned Europe will no longer exist as a monetary union if it fails to reform. In a recent interview he also accused the architects of the new

Puerto Rico officially defaulted on part of its $73 billion in debt on Monday afternoon, when the U.S. territory only paid $628,000 toward a $58 million debt due by 5 p.m.

I have been familiar with the ways of the European Union for many years, and I thought myself impervious to surprise at the extraordinary way in which Brussels imposes its will, with plain defiance of democracy and utter contempt for

Contents: Big losses expected Monday when Greece’s stock market reopens; Puerto Rico to default on Tuesday; Venezuela’s collapsing economy receives $5 billion from China; Venezuela in border dispute with Guyana; Turkey returns to war with the Kurdish PKK

No scene of political turmoil is complete until somebody gets investigated by prosecutors. Such is the fate of former Greek finance minister Yanis Varoufakis, who has become a darling of the anti-austerity, hardcore left ever since he departed his office on the eve of the 11th-hour bailout deal.

On Wednesday, Greek Prime Minister Alexis Tsipras floated the idea of calling for early elections in Greece to “bolster a parliamentary majority that has been strained by bailout reforms demanded by creditors,” as Reuters put it. Such is the chaos of end-state socialism in Greece that Tsipras really needs his own party to lose in those early elections. The Syriza party is coming unglued over the austerity components of Greece’s latest bailout package.

Greek Prime Minister Alexis Tsipras, struggling to contain a revolt in his left-wing Syriza party, said on Wednesday that his government would not implement reform measures beyond those agreed with lenders at a euro zone summit this month. Tsipras faces

Greece’s outspoken former finance minister could be about to face treason charges after he revealed details of a plot to hack taxpayer accounts in preparation for the country’s exit from the euro. The country’s Supreme Court has referred Yanis Varoufakis

The tidal wave of migrants fleeing the bloody chaos of the post-Obama Middle East has been hitting Mediterranean nations particularly hard. But Hungary has seen a sizable number of migrants from Syria and Afghanistan as well, experiencing what the Wall Street Journal describes as a doubling of last year’s total migrant population in just the first six months of 2015.

The City of Houston appears to be following the path of the nation of Greece in terms of financial ruin. News sources daily are keeping us appraised of the continuing Greek debt crisis. Greece has a debt of 170% of their Gross National Product.

As Greece struggles to regain some economic strength at it continues to negotiate a solution to its debt crisis with the European Union, the flood of refugees from Syria, Afghanistan, and other ravaged areas east of the Hellenic republic has continued unabated, threatening an economy that has for years been on the brink of disaster.

Contents: Riots and violence across Turkey after Monday’s suicide bombing in Suruç; PKK kills 2 Turkish police officers in retaliation for Suruç blast; Syria’s war comes to Turkey after Monday’s terror attack on Suruç; Greece’s parliament approves European lender reform demands

Greek Prime Minister Alexis Tsipras may have contained a rebellion in his left-wing Syriza party to win parliamentary approval for a second package of reforms. But as Ciara Lee reports he’s still got a long way to go in order

The Greek parliament last night comfortably passed a second set of reforms in order to continue talks on a new bailout, although the governing Syriza is now deeply divided. Dozens of hardliners with Prime Minister Alexis Tsipras’s party rebelled, effectively

A Swiss politician has called for the nation to take advantage of the Greek crisis to establish a Swiss empire overseas by taking an island in return for the money Athens owes. The unusual suggestion was made by Pierre Rusconi, a member of parliament