by CBBSS | Jul 12, 2021 | Regional News
A summit of all EU state leaders planned for Sunday has been cancelled, BBC reports. Eurozone finance ministers met Saturday to discuss the Greek criss and have continued their meeting Sunday. A possible third bailout of Greece is under discussion, but eurozone...
by CBBSS | Jul 10, 2021 | Regional News
Greek Prime Minister Alexis Tsipras has submitted a last-minute bailout package offer that contains more, not less, austerity than the one he campaigned against and that Greeks rejected in a referendum on Sunday. The proposal sent to Brussels Thursday evening consists...
by CBBSS | Jul 8, 2021 | Regional News
Greece’s leftist government has until the end of the week to present reform proposals for a new bailout agreement. All 28 EU state leaders will then meet Sunday to determine whether or not to continue negotiations with Greece, EU Observer reports. European...
by CBBSS | Jul 6, 2021 | Regional News
Greek Finance Minister Yanis Varoufakis announced his resignation Monday morning, citing pressure from eurozone leaders. Prior to Sunday’s referendum, Varoufakis compared Greece’s creditors to terrorists. Negotiations between Greece and its creditors on...
by CBBSS | Jul 6, 2021 | Regional News
Euro leaders will meet Tuesday evening for an emergency summit following Sunday’s vote in Greece. 61 percent of Greek voters said “No” to the conditions in Greece’s creditors’ latest bailout offer. Prior to the vote, some euro leaders...