Greece Austerity
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Greeks Join Nationwide Strike Over New Round Of Bailout Reforms
The protest strike in Greece was called by the main public and private sector unions a day before parliament was due to vote on reforms that would unlock the next tranche of funds from an 86 billion euro bailout.
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Young Greek Women Selling Sex For The Price of a Sandwich, New Study Shows
Young Greek women are selling sex for the price of a sandwich as six years of painful austerity has pushed the European country to the financial brink, a new study showed Friday.
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Striking Greeks Take to Tension-Filled Streets in Austerity Protest
Striking Greeks took to the streets on Thursday to protest austerity measures, setting Alexis Tsipras' government its biggest domestic challenge since he was re-elected in September promising to cushion the impact of economic hardship.
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Challenging Task Ahead For Alexis Tsipras After Poll Victory: Greek Media
Greek Prime Minister-elect Alexis Tsipras has reaffirmed his dominance on the political landscape, but now faces the challenging task of building consensus in a fractious society traumatised by years of austerity, local media said today.
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Greek Parliament Approves Bailout Measures as Syriza Fragments
The Greek parliament passed sweeping austerity measures demanded by lenders to open talks on a new multibillion-euro bailout package to keep Greece in the euro, but dozens of hardliners in the ruling Syriza party deserted Prime Minister Alexis Tsipras.
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International Monetary Fund Calls for Greece Debt Relief Ahead of Bailout Vote
An International Monetary Fund study published on Tuesday showed that Greece needs far more debt relief than European governments have been willing to contemplate so far, as fractious parties in Athens prepared to vote on a sweeping austerity package demanded by their lenders.
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Euro Zone Demands More From Greece, Delays Decision on Aid
Sceptical euro zone finance ministers demanded on Saturday that Greece go beyond painful austerity measures accepted by Prime Minister Alexis Tsipras if he wants them to open negotiations on a third bailout for his bankrupt country to keep it in the euro.
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Greece Faces Last Chance to Stay in Euro as Cash Runs Out
Greece faces a last chance to stay in the euro zone today when Prime Minister Alexis Tsipras puts proposals to an emergency euro zone summit after Greek voters resoundingly rejected the austerity terms of a defunct bailout.
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Eurozone's Poorer Nations Take Hard Line on Greece
The eurozone's poorer former communist nations, having themselves endured painful market reforms and austerity programmes, are taking a hard line on Greece after its people voted to reject bailout terms.
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Eurozone's Poorer Nations Take Hard Line on Greece
The eurozone's poorer former communist nations, having themselves endured painful market reforms and austerity programmes, are taking a hard line on Greece after its people voted to reject bailout terms.
-
Europe, Greece 'No Closer to Solution' After Vote: Eurogroup Chief
Eurogroup Chief Jeroen Dijsselbloem said today the results of Greece's resounding 'No' to further austerity measures has brought Europe "no closer to a solution" to Athens' financial situation.
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No Basis Now for New Debt Talks With Greece: Germany
Germany maintained a hard line today after Greece rejected creditors' austerity demands in a referendum, with Berlin saying there was currently "no basis" for talks on a new bailout package or debt relief.
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Up to Greece to Act If It Wants to Stay in Euro: Germany
Germany insisted today that the ball was in Athens's court if it wanted to stay in the eurozone, after Greece rejected creditors' austerity demands in a weekend referendum.
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9 Days in the Greek Debt Crisis
Greek voters' defiant rejection Sunday of the terms of an international bailout capped a dramatic week for the country in its standoff with EU and IMF creditors, who are demanding tough austerity measures in return for further rescue funds.
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Greek 'No' Wins Referendum With Over 61% of Votes: Near-Complete Results
More than 61 per cent of Greek voters on Sunday rejected fresh austerity demands by the country's EU-IMF creditors in a historic referendum, official results from over 95 percent of polling stations showed.
-
Greeks Join Nationwide Strike Over New Round Of Bailout Reforms
The protest strike in Greece was called by the main public and private sector unions a day before parliament was due to vote on reforms that would unlock the next tranche of funds from an 86 billion euro bailout.
-
Young Greek Women Selling Sex For The Price of a Sandwich, New Study Shows
Young Greek women are selling sex for the price of a sandwich as six years of painful austerity has pushed the European country to the financial brink, a new study showed Friday.
-
Striking Greeks Take to Tension-Filled Streets in Austerity Protest
Striking Greeks took to the streets on Thursday to protest austerity measures, setting Alexis Tsipras' government its biggest domestic challenge since he was re-elected in September promising to cushion the impact of economic hardship.
-
Challenging Task Ahead For Alexis Tsipras After Poll Victory: Greek Media
Greek Prime Minister-elect Alexis Tsipras has reaffirmed his dominance on the political landscape, but now faces the challenging task of building consensus in a fractious society traumatised by years of austerity, local media said today.
-
Greek Parliament Approves Bailout Measures as Syriza Fragments
The Greek parliament passed sweeping austerity measures demanded by lenders to open talks on a new multibillion-euro bailout package to keep Greece in the euro, but dozens of hardliners in the ruling Syriza party deserted Prime Minister Alexis Tsipras.
-
International Monetary Fund Calls for Greece Debt Relief Ahead of Bailout Vote
An International Monetary Fund study published on Tuesday showed that Greece needs far more debt relief than European governments have been willing to contemplate so far, as fractious parties in Athens prepared to vote on a sweeping austerity package demanded by their lenders.
-
Euro Zone Demands More From Greece, Delays Decision on Aid
Sceptical euro zone finance ministers demanded on Saturday that Greece go beyond painful austerity measures accepted by Prime Minister Alexis Tsipras if he wants them to open negotiations on a third bailout for his bankrupt country to keep it in the euro.
-
Greece Faces Last Chance to Stay in Euro as Cash Runs Out
Greece faces a last chance to stay in the euro zone today when Prime Minister Alexis Tsipras puts proposals to an emergency euro zone summit after Greek voters resoundingly rejected the austerity terms of a defunct bailout.
-
Eurozone's Poorer Nations Take Hard Line on Greece
The eurozone's poorer former communist nations, having themselves endured painful market reforms and austerity programmes, are taking a hard line on Greece after its people voted to reject bailout terms.
-
Eurozone's Poorer Nations Take Hard Line on Greece
The eurozone's poorer former communist nations, having themselves endured painful market reforms and austerity programmes, are taking a hard line on Greece after its people voted to reject bailout terms.
-
Europe, Greece 'No Closer to Solution' After Vote: Eurogroup Chief
Eurogroup Chief Jeroen Dijsselbloem said today the results of Greece's resounding 'No' to further austerity measures has brought Europe "no closer to a solution" to Athens' financial situation.
-
No Basis Now for New Debt Talks With Greece: Germany
Germany maintained a hard line today after Greece rejected creditors' austerity demands in a referendum, with Berlin saying there was currently "no basis" for talks on a new bailout package or debt relief.
-
Up to Greece to Act If It Wants to Stay in Euro: Germany
Germany insisted today that the ball was in Athens's court if it wanted to stay in the eurozone, after Greece rejected creditors' austerity demands in a weekend referendum.
-
9 Days in the Greek Debt Crisis
Greek voters' defiant rejection Sunday of the terms of an international bailout capped a dramatic week for the country in its standoff with EU and IMF creditors, who are demanding tough austerity measures in return for further rescue funds.
-
Greek 'No' Wins Referendum With Over 61% of Votes: Near-Complete Results
More than 61 per cent of Greek voters on Sunday rejected fresh austerity demands by the country's EU-IMF creditors in a historic referendum, official results from over 95 percent of polling stations showed.
