Jul 12
In order to stay in the Eurozone, the Greek Prime Minister Alexis Tsipras accepted to make almost the same proposals that were rejected during the Greek Bailout Referendum of 25 June 2015. In spite of this, these are the comments of the Minister of Finance of Germany, Wolfgang Schäuble, to the proposal of the Greek government.
Jul 08
Today, July the 8th Greece has introduced a new proposal for an agreement for its third bailout, in the European Parliament. It would be a 3 years stability bond, that would be used to pay their compromises to all creditors. There are no details, and it does mention neither debt relief nor restructuring.
Jul 06
This post was originally published in Yanis Varoufakis’ Blog The referendum of 5th July will stay in history as a unique moment when a small European nation rose up against debt-bondage. Like all struggles for democratic rights, so too this historic rejection of the Eurogroup’s 25th June ultimatum comes with a large price tag attached. …
Jul 06
05/07/2015, 23:30 – Press release 556/15 – Euro area: Economy & finance I take note of the outcome of the Greek referendum. This result is very regrettable for the future of Greece. For recovery of the Greek economy, difficult measures and reforms are inevitable. We will now wait for the initiatives of the Greek authorities. The Eurogroup will discuss the …
Jun 27
The full speech of Greek Prime Minister Alexis Tsipras, calling for a referendum on lenders’ bailout terms. Text extracted from Reuters. My fellow Greeks, For the past six months the Greek government has been giving battle in conditions of unprecedented economic asphyxiation, to implement your mandate, of Jan. 25. It was a mandate to negotiate with our …
Jun 27
The Eurogroup, without the Greek Minister of Finance Yanis Varoufakis – who has been expelled from the meeting – has spoken. Since the 20 February 2015 agreement of the Eurogroup on the extension of the current financial assistance arrangement, intensive negotiations have taken place between the institutions and the Greek authorities to achieve a successful …
Jun 24
Last Monday’s new proposal from the Greek government (attached at the bottom of this entry) for the Eurogroup, less than seven days before the payment to the International Monetary Fund is officially due. The proposal contains 7.9 billion euros in measures, of which 7.3 are from increases to tax and social security contributions in a country that no longer has any …
Jun 14
Zoé Konstantopoulou defended the starting of “Truth Commission”, which would issue Greek Public Debt. Spanish Citizen Debt Audit Platform (PACD) collaborates with the Greek audit. Originally Published by CADTM Ladies and Gentlemen, thank you for being here today at an event that is of historic importance and marks the beginning of the repayment of a …
