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Archive - Jun 2015

June 15th

Greece is facing a political, economic and national catastrophe

15 June 2015 / 11:06:47  
Greece’s latest unsuccessful attempt to conclude an agreement with its creditors two weeks before the end of June, when the bailout expires, marks the beginning of the last act of the Greek drama, which may prove crucial for the future of the country.


June 14th

A slump in tourism unless an agreement is reached with the creditors

14 June 2015 / 18:06:26  
The uncontrolled accommodation of refugees in some of the popular Aegean islands also contributes to the decline


Greek banks unable to pull their capital out of Macedonia

14 June 2015 / 17:06:32  
Greek subsidiary banks hold about 22% of the country’s banking assets, but the central bank governor expects no panic in case of Grexit


Last chance in the shadow of GREXIT

14 June 2015 / 15:06:19  
The agreement should be ready before the Eurogroup meeting on 18 June; it has to be voted by the EU member-state parliaments before 30 June.


If the European Central Bank cuts off aid to Greek banks

13 June 2015 / 23:06:11  
If an agreement is not reached immediately and things worsen to a break with creditors, public debt will increase by about €100 billion


June 13th

Colourful support for Athens Pride

13 June 2015 / 18:06:31  
The main message of the Pride will be "Take a Stand" to ensure full equality, justice, acceptance and respect for gays, lesbians, bisexuals and transsexuals, and each member of Greek society


Athens ready for radical reforms for the sake of striking a deal with creditors

13 June 2015 / 17:06:38  
Greece has agreed to increase VAT rates and the primary budget surplus target; shock tax hikes will hit agriculture