Greece (Country in Europe)

All posts in the Greece (Country in Europe) category

Greece: Prime minister faces revolt in his party greater approval despite rescue

Published August 17, 2015 by godshope1971

ATHENS (Reuters) – Greek Prime Minister Alexis Tsipras, faced the biggest rebellion within his leftist party Syriza, after parliament on Friday approved a new rescue program, forcing him to consider a vote of confidence that could pave the way for early elections.

After lawmakers discussed overnight on procedural matters, Tsipras won approval of the third bailout of the country by international lenders in five years, with the support of the pro-European opposition parties. ∞∞∞∞∞ MORE »»»»

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Greece: Bailout Prime Minister Alexis Tsipras faces vote of confidence after Syriza revolt

Published August 15, 2015 by godshope1971

The Greek Prime Minister Alexis Tsipras will face a vote of confidence after a huge number of Syriza MPs voted against his government’s bailout deal.

The €85 billion package – which introduces sweeping austerity measures – was ultimately approved with support from opposition parties after an all-night parliamentary session. ∞∞∞∞∞ MORE »»»»

Greece: Lenders clinch bailout deal after marathon talks

Published August 12, 2015 by godshope1971

Greece and its international lenders clinched a multi-billion-euro bailout agreement on Tuesday after marathon talks through the night, officials said, raising hopes aid can be disbursed in time for a major debt repayment falling due in days.

After an 23-hour session that began Monday afternoon, exhausted Greek officials emerged in a central Athens hotel to announce the two sides had agreed details of the deal though a couple of minor issues remained to be ironed out. ∞∞∞∞∞ SEE MORE ∞∞∞∞∞

Greece: Third bailout deal with Greece possible before August 20 – EU Commission

Published August 11, 2015 by godshope1971

BRUSSELS: Talks with Greece on a third bailout are moving ahead in a satisfactory way and reaching an agreement is possible before August 20, the European Commission said on Thursday.

The Commission comments were in response to remarks by a German government official in the Bild daily, that reaching a deal by Aug 20, when Greece has to buy back 3.5 billion euros (£2.45 billion) of its bonds from the European Central Bank, was “not achievable”. ∞∞∞∞∞ SEE MORE ∞∞∞∞∞

Greece: Says It Can’t Handle Migrants; UNHCR Calls Crisis ‘Shameful’

Published August 11, 2015 by godshope1971

Lesbos, Greece/Geneva. Greek Prime Minister Alexis Tsipras has asked Europe to help in handling tens of thousands of refugees coming in from Syria, Afghanistan and other war zones, saying on Friday his cash-strapped country could not deal with them alone.

The influx has piled pressure on Greece’s services at a time when its own citizens are struggling with harsh cuts and its government is negotiating with the European Union and the International Monetary Fund for fresh loans to stave off economic collapse.

Boatloads of migrants arriving every day had triggered a “humanitarian crisis within the economic crisis,” Tsipras said after a meeting with ministers. ∞∞∞∞∞ SEE MORE ∞∞∞∞∞

Greece: Says cannot handle migrants; UNHCR says islands in chaos

Published August 11, 2015 by godshope1971

Greece’s infrastructure cannot handle the thousands of people landing on its shores from places like war-torn Syria and Afghanistan and needs European Union help, Prime Minister Alexis Tsipras said on Friday.

“Now is the time to see if the EU is the EU of solidarity or an EU that has everyone trying to protect their borders,” he said after a meeting with ministers dealing with the influx. ∞∞∞∞∞ SEE MORE ∞∞∞∞∞

Greece: Says cannot handle migrants; UNHCR calls crisis ‘shameful’

Published August 11, 2015 by godshope1971

Greek Prime Minister Alexis Tsipras asked Europe to help in handling tens of thousands of refugees coming in from Syria, Afghanistan and other war zones, saying on Friday his cash-strapped country could not deal with them alone.

The influx has piled pressure on Greece’s services at a time when its own citizens are struggling with harsh cuts and its government is negotiating with the EU and the IMF for fresh loans to stave off economic collapse. ∞∞∞∞∞ SEE MORE ∞∞∞∞∞

Greece: Greek bailout expected August 18

Published August 6, 2015 by godshope1971

ATHENS – Greece expects to conclude a bailout deal with international lenders by August 18, with the drafting of the accord starting on Wednesday, government spokeswoman Olga Gerovasili said on Tuesday.

“The first phase of negotiations ends today and the second phase starts, which really contains the details of drafting (the deal),” Gerovasili told Skai TV station.

The drafting of the accord would start on Wednesday, she said.

“If the terms of the (EU) summit are met, I think that we will have a deal by the 18th of this month,” she said. ∞∞∞∞∞ SEE MORE ∞∞∞∞∞

Greece: Bailout talks to shift gear after Greece’s Tsipras prevails over anti-euro rebels

Published August 5, 2015 by godshope1971

Lead negotiators from the European Union and International Monetary Fund began an intensive round of talks with Greece on Friday to hammer out details of a third international bailout worth some €85-billion ($93-billion).

The envoys held a first meeting with Finance Minister Euclid Tsakalotos following talks during the week in Athens between lower-level officials on reforming the tax system and labour market regulations. ∞∞∞∞∞ SEE MORE ∞∞∞∞∞