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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Friday, March 20, 2015

Greece financial crisis: EU offers funds in return for urgent reforms

Angela Merkel wants Tsipras to present a ‘comprehensive’ reform package to be endorsed by the finance ministers before Greece could access any of the fundsGreece’s eurozone creditors are considering bringing forward a financial lifeline for Athens by a few weeks after Alexis Tsipras, the Greek prime minister, told EU leaders the country would be insolvent by the end of April without assistance.In a key three-hour meeting in Brussels that ended in the early hours on Friday, Tsipras informed his creditors that if they wait until the end of April before releasing funds, it will be too late for Greece. According to an account of that meeting policymakers are now discussing whether they can supply emergency funding earlier than previously agreed. Tsipras was also advised to treat the Eurocrats working in Athens with more respect and ensure their safety. Continue reading...


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