by CBBSS | May 26, 2021 | International News and Analysis
An agreement reached by Greece’s creditors at 2 a.m. Wednesday again kicks the can down the road and signals Athens will continue to need bailouts for decades, an EU Observer piece suggests. Greece’s creditors agreed to release another tranche of bailout...
by CBBSS | May 25, 2021 | Regional News
The BBC reports Greece’s creditors agreed to release 10.3 billion euros in bailout funds to Athens, which the Greek government needs to make debt repayments that are due in July. Eurozone finance ministers also agreed to grant Greece some debt relief, starting...
by CBBSS | Jul 16, 2021 | Regional News
The Greek parliament voted 229 to 64 on Wednesday night to approve the austerity measures in the planned third bailout of Greece, EU Observer reports. 39 members of Prime Minister Alexis Tispras’s governing Syriza party, including ex-finance minister Yanis...
by CBBSS | Jul 15, 2021 | Regional News
Division is growing within Syriza, and there is a possibility Greece’s leftist ruling party could break up leading to early elections, EurActiv. The radical wing of Syriza is calling for a return of the drachma and is refusing to support Prime Minister Alexis...
by CBBSS | Jul 12, 2021 | International News and Analysis
German position paper on new Greek bailout proposes temporary exit of Greece from the Eurozone and depositing a collateral of 50 bln euros. The proposal is said to be supported by a number of Eastern European countries and Finland, which is most adamant about a new...