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 »»»»
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 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 ∞∞∞∞∞
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 ∞∞∞∞∞
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’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 ∞∞∞∞∞
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 ∞∞∞∞∞
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 ∞∞∞∞∞
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 ∞∞∞∞∞