Tag Archives: Greek Debt Crisis

Greeks Set to Suffer for Years to Come, as the Rest of Europe Claims a Job Well Done

Banks in Greece have reopened following three weeks of closure, albeit with withdrawal limits still imposed, all while harsh austerity measures begin to take effect in the country. Sales taxes have now nearly doubled, while the products and services they’re … Continue reading

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Greeks Say No to More Austerity as Tsipras Prepares to Confront his Creditors

Greek bailout negotiations are once again underway after Alexis Tsipras reaffirmed that an overwhelming majority of his citizens support him. Greeks gave the rest of Europe a resounding “NO” on Sunday’s referendum, with 61% of people voting against the harsh austerity measures … Continue reading

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Greek Referendum: Either Submitting to Blackmail or Maintaining Humanity

Greeks head to the polls on Sunday morning to have their say in a referendum that could put the nation on course to leave the Eurozone. Prime Minister Alexis Tsipras announced the referendum a week ago following his government’s rejection … Continue reading

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Alexis Tsipras Calls For a Referendum on Austerity While Europe Feigns Surprise

Tensions are high among European leaders this weekend as Greece struggles to negotiate its bailout repayment. Greek debt is hovering at around €340 billion, with a payment of €1.6 billion scheduled for the IMF on June 30th.  Greek Finance Minister Yanis … Continue reading

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Alexis Tsipras Latest EU Leader to Turn to Putin During Hard Times

Greek Prime Minister Alexis Tsipras was in Moscow Wednesday to meet with President Vladmir Putin, making him the latest EU leader unwilling to break ties with Russia during the exchange of sanctions with the country. Greece has a massive debt … Continue reading

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