How the world sees Greece
Greece’s best hope of remaining in the eurozone may now run through Paris, where president François Hollande has emerged as a tireless — and lonely — advocate for keeping Athens in the fold. Even as other eurozone leaders have grown exasperated ...
 |
| READ THE ORIGINAL POST AT en.enikos.gr |
Amid a crowdfunding drive to help Greece pay its debt, experts explain what you need to do before contributing to such a campaign.
|
| READ THE ORIGINAL POST AT feeds.nbcnews.com |
… heart, can only dream. But Greeks have experienced the loss of … one country. It is in Greece that the fundamental tensions created … have first broken through, because Greece is a particularly indebted and …
|
| READ THE ORIGINAL POST AT world.einnews.com |
The German chancellor has managed to keep the eurozone in line on Greece. Her job just got a lot tougher.
|
| READ THE ORIGINAL POST AT www.politico.eu |
Greeks are standing behind their prime minister. And courting disaster.
|
| READ THE ORIGINAL POST AT www.politico.eu |
The Greek Finance Ministry had a change in leadership on Monday after Yanis Varoufakis resigned from his post and Euclid Tsakalotos was officially inaugurated as the new Finance Minister. The two men held a joint press conference in which Varoufakis made remarks on his work as Minister and Tsakalotos spoke about the future. Varoufakis had kind words for Tsakalotos, with their academic relationship dating back to more than fifteen years and with whom Varoufakis said he shares a common ideology. The now former Finance Minister also spoke about his aspirations for the Ministry. “We believe that until September there will be a significant blow to tax evasion in Greece. There will be important findings that will be converted into public revenue,” Varoufakis said. Tsakalotos thanked Varoufakis for his kind words as well as for all the work he has done as Minister and insisted that he has improved the country’s negotiations with the institutions. “I am taking over the Finance Ministry at a pivotal moment. I would be lying if I told you that I am not nervous,” he said. The new Finance Minister called Sunday’s referendum result a “historic financial moment” that will be written in European history and expressed his support for the collective efforts to combat the country’s crisis.
|
| READ THE ORIGINAL POST AT greece.greekreporter.com |
German Chancellor Angela Merkel and French President Francois Hollande held a joint press conference where they addressed the result of the Greek referendum, following their meeting in Paris on Monday. The two leaders said they respect the Greek people’s vote and noted that the negotiation door is still open but also warned Greek Prime Minister Alexis Tsipras that he must present serious proposals during Tuesday’s Euro Summit. “Europe is a whole that has been based on values,” said Hollande and added “In this Europe there is space for solidarity…There is however also a balance between responsibility and solidarity, which should be the guiding line in the next few days.” Hollande also stressed that there is not much time left and the issue needs to be immediately resolved. Merkel emphasized that Tsipras needs to present very specific proposals at the Euro Summit that will help Greece recover, as the necessary preconditions to reach a deal are currently not being met. Moreover she questioned how the eighteen Eurozone members will react to Greece’s choice and she noted that the offer Greece rejected was generous. “We will respect the Greek government and referendum but we will also equally respect the other eighteen [Eurozone member-states]. This is democracy,” the German Chancellor said. “We are a society. We have one currency. We want to preserve it. However, everyone needs to take on this responsibility.” Germany and France are the largest holders of Greek debt, with 68.2 billion and 43.8 billion euros respectively.
|
| READ THE ORIGINAL POST AT greece.greekreporter.com |