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....A large number of professions were involved in the strike, including the biggest trade unions, the GSEE and ADEDY:. The new austerity measures will not come into force until 2019 and 2020 but Prime Minister Alexis Tsipras has to persuade eurozone finance ministers next Monday to provide the next loan instalment of €7. ... [Read full article on BBC ]
Wednesday 17th of May 2017 08:32:45 AM
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....3bn), due to be repaid by Athens, mature in July. In return for emergency funds, Alexis Tsipras’s leftwing government in Greece has agreed to swallow austerity demands but his popularity ratings have suffered as a result. ... [Read full article on Guardian ]
Sunday 30th of April 2017 04:21:39 PM
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....3bn) loan plus debt relief. Speaking after the vote, Prime Minister Alexis Tsipras said Greece had met its commitments on reforms and now expected lenders to agree to debt relief. ... [Read full article on BBC ]
Thursday 18th of May 2017 10:22:53 PM
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....The measures are to be approved by parliament by mid-May. However, prime minister Alexis Tsipras has said he will not apply these cuts without a clear pledge later this month on debt-easing measures for Greece. ... [Read full article on Guardian ]
Tuesday 2nd of May 2017 04:59:34 AM
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....With poorer out-of-work families often depending on them, news of a further drop was met with fury by union leaders, who immediately announced industrial action. The two-party coalition led by the prime minister, Alexis Tsipras, also agreed to broaden the tax-free threshold by effectively dispensing with tax breaks as of 2020. ... [Read full article on Guardian ]
Tuesday 2nd of May 2017 06:24:24 PM
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Latest Finance News related to Alexis Tsipras

Greece adopts more austerity measures in bailout bid image
Source : BBC [Read Article] Thursday 18th of May 2017 10:22:53 PM
....3bn) loan plus debt relief. Speaking after the vote, Prime Minister Alexis Tsipras said Greece had met its commitments on reforms and now expected lenders to agree to debt relief. ...
Greeks walk out in general strike over cuts image
Source : BBC [Read Article] Wednesday 17th of May 2017 08:32:45 AM
....A large number of professions were involved in the strike, including the biggest trade unions, the GSEE and ADEDY:. The new austerity measures will not come into force until 2019 and 2020 but Prime Minister Alexis Tsipras has to persuade eurozone finance ministers next Monday to provide the next loan instalment of €7. ...
Greece will avoid default after bailout deal – but faces more austerity image
....With poorer out-of-work families often depending on them, news of a further drop was met with fury by union leaders, who immediately announced industrial action. The two-party coalition led by the prime minister, Alexis Tsipras, also agreed to broaden the tax-free threshold by effectively dispensing with tax breaks as of 2020. ...
Greece reaches deal with creditors to pave way for bailout talks image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 04:59:34 AM
....The measures are to be approved by parliament by mid-May. However, prime minister Alexis Tsipras has said he will not apply these cuts without a clear pledge later this month on debt-easing measures for Greece. ...
German finance minister hails progress in Greek economic reforms image
Source : Guardian [Read Article] Sunday 30th of April 2017 04:21:39 PM
....3bn), due to be repaid by Athens, mature in July. In return for emergency funds, Alexis Tsipras’s leftwing government in Greece has agreed to swallow austerity demands but his popularity ratings have suffered as a result. ...
Greek gloom as economy stalls amid latest bout of EU wrangling image
Source : Guardian [Read Article] Saturday 8th of April 2017 03:00:05 PM
. Eight years into Greece’s ordeal to escape bankruptcy, thousands of Communist party sympathisers packed into Syntagma Square in Athens on Friday to protest at the latest concessions made by Alexis Tsipras’s leftist government to keep the country afloat. ...
Greece agrees basic terms to unlock delayed bailout image
Source : BBC [Read Article] Friday 7th of April 2017 03:14:32 PM
.... . In Athens, the Greek Prime Minister Alexis Tsipras said: "The Greek economy is ready to leave the crisis behind it. ...
Greek activists target sales of homes seized over bad debts image
Source : Guardian [Read Article] Saturday 11th of March 2017 08:00:29 AM
....Epam is among the fringe groups – on both the left and right – seeking to capitalise on the outrage over auctions as anti-euro sentiment mounts. Few issues have highlighted prime minister Alexis Tsipras’ volte-face over austerity more than this. ...
Greek farmers clash with riot police in Athens over austerity image
Source : Guardian [Read Article] Wednesday 8th of March 2017 05:16:48 PM
....”. But protesters say they are determined to ensure that Alexis Tsipras’s leftist-led administration reverses measures they claim threaten their survival. ...
Greece desperate for growth strategy as public mood darkens image
Source : Guardian [Read Article] Sunday 5th of March 2017 04:54:18 PM
....In navigating the country’s economic collapse, every one of Athens’ post-crisis governments has at some point attempted to change the narrative by diverting attention to development and growth. But the latest shift comes amid evidence that prime minister Alexis Tsipras’s two-party administration has gone a step further, approaching the World Bank for a €3bn (£2. ...
Greek debt: will EU and IMF finally offer light at the end of the tunnel? image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 07:00:27 AM
....It was not lost on many that what was being billed as an “agreement to agree” – the key to allowing bailout auditors to finally return to Greece and resume stalled talks – had been struck exactly two years to the day after a similar accord by the country’s leftist-led government. Then, the prime minister, Alexis Tsipras, had signed up to a temporary deal that allowed “fiscal breathing space” before embarking on six months of nail-biting negotiations that eventually led to Athens accepting the harshest terms attached to a bailout since the crisis began. ...
Greece standoff over €86bn bailout eases after Brussels deal image
Source : Guardian [Read Article] Monday 20th of February 2017 07:44:42 PM
. Greece’s bailout inspectors are returning to Athens to seek changes to the country’s tax, pensions and labour market laws in a sign that the Greek prime minister, Alexis Tsipras, will give way to European pressure for deeper reforms. ...
‘From bad to worse’: Greece hurtles towards a final reckoning image
Source : Guardian [Read Article] Sunday 19th of February 2017 12:05:16 AM
.... Berlin, the biggest contributor of the €250bn Greece has so far received, says it will be unable to disburse further funds without the IMF on board. The assumption is that the prime minister, Alexis Tsipras, will cave in, just as he did when the country came closest yet to leaving the euro at the height of the crisis in the summer of 2015. ...
Greece defies creditors over more cuts as economy shrinks unexpectedly image
Source : Guardian [Read Article] Tuesday 14th of February 2017 07:57:17 PM
....3% after exceeding its 2016 fiscal targets “significantly”. The setback came as prime minister Alexis Tsipras’ lefist-led coalition said it would not consent to additional austerity beyond the cuts the country had already agreed to administer under its third, EU-led bailout programme. ...
Calling the latest Greek deal a sticking plaster does disrespect to the Elastoplast image
.... If Lagarde refuses to buckle, such is the frustration in Brussels, the IMF could be sidelined. Syriza and its leader Alexis Tsipras dominate the Greek parliament, but the party is riding low in the opinion polls and can’t afford a long fight with Brussels. ...
Greece's debt costs rise sharply as worries grow over IMF role image
Source : Guardian [Read Article] Tuesday 7th of February 2017 06:26:16 PM
....The renewed focus on Greece’s debts came as the International Monetary Fund revealed its board was split over how far spending cuts in the country should go, raising fresh doubts over its participation in rescue plans for the struggling Greek economy. The Washington-based fund has made repeated warnings that Greece’s debt burden of about €330bn (£280bn) is unsustainable despite the government pushing through spending cuts and tax increases that have badly hit popularity ratings for the government of prime minister Alexis Tsipras. ...
Greek debt crisis: an existentialist drama with no good end in sight | Larry Elliott image
....One answer is the 1944 existentialist play by Jean-Paul Sartre, Huis Clos. Another is the story of the neverending Greek debt crisis in which the three main characters are Alexis Tsipras, Wolfgang Schäuble and Christine Lagarde. ...
Grexit? Greece again on the brink as debt crisis threatens break with EU image
Source : Guardian [Read Article] Friday 3rd of February 2017 02:36:32 PM
.... And the shrill rhetoric last seen at the height of the crisis in 2015 has returned. Analysts sensing dangerous deadlock are sounding the alarm – an alarm that the embattled prime minister, Alexis Tsipras, was expected to raise in talks with the German chancellor and other European leaders in Malta on Friday. ...
Greece has three weeks to deal with 'potentially disastrous' debt image
Source : Guardian [Read Article] Sunday 29th of January 2017 07:07:40 PM
....Greece’s embattled government has three weeks to break the deadlock in increasingly difficult talks with creditors or risk the country’s debt crisis resurfacing with renewed vigour. Faced with the dilemma of agreeing to additional austerity or calling fresh elections, prime minister Alexis Tsipras was weighing his options at the weekend. ...
Moody's voices concern at 'material delay' in Greece debt relief talks image
Source : Guardian [Read Article] Monday 19th of December 2016 06:43:19 PM
....After months of negotiations, Europe agreed to limited debt relief to Greece earlier this month by giving Athens longer to pay and reducing the interest rate payable on its loans. But within days the decision was put on hold by the European Stability Mechanism (ESM) – the Luxembourg-based body that provides help to countries and banks facing financial difficulties – after Alexis Tsipras’s coalition government decided to provide help to pensioners, schoolchildren and VAT payers on the Greek islands. ...
Greece passes pension deal in defiance of bailout creditors image
Source : BBC [Read Article] Thursday 15th of December 2016 08:11:24 PM
....A deal agreed earlier this month to provide the next tranche of debt relief for Athens is now on hold. Prime Minister Alexis Tsipras said Greece would not be blackmailed. ...
Eurozone ministers won't budge an inch on Greek finance measures image
Source : Guardian [Read Article] Wednesday 14th of December 2016 08:12:30 PM
.... On Wednesday, eurozone finance ministers put their plan for short-term debt relief on hold because Athens handed a relatively small sum of money to pensioners at Christmas and said it would pay for school meals for 30,000 children in impoverished areas. In the view of Alexis Tsipras, Greek prime minister, the country has earned the right to make small acts of generosity, like €617m (£518m) for pensioners. ...
Greece on collision course with lenders as ESM freezes debt relief image
Source : Guardian [Read Article] Wednesday 14th of December 2016 07:41:55 PM
....The dispute between Greece and its creditors has turned more ugly after the European body financing the country’s €86bn (£72bn) bailout programme decided to freeze a deal on short-term debt relief measures. The prime minister, Alexis Tsipras, was taken by surprise on Wednesday when the European Stability Mechanism announced it would not honour an accord to ease the burden of repayment obligations on Greece’s debt pile. ...
Eurozone halts Greek debt relief plan image
Source : BBC [Read Article] Wednesday 14th of December 2016 03:54:04 PM
. The Greek Prime Minister Alexis Tsipras has refused to back down over his plans to give poor Greek pensioners a pre-Christmas bonus. ...
Greece 'boxed in' as EU and IMF fight over nation's debt relief plan image
Source : Guardian [Read Article] Tuesday 13th of December 2016 08:34:40 PM
....The spat erupted as creditor mission chiefs arrived in Athens to continue what has become an increasingly vexed review of the programme. Prime minister Alexis Tsipras’ leftist-led administration had hoped to wrap up the review by the end of this month, paving the way for Greece to enter the European Central Bank’s quantitative easing programme early next year, which would allow the ECB to buy Greek sovereign debt. ...
Greece under fire over Christmas bonus for low-income pensioners image
Source : Guardian [Read Article] Friday 9th of December 2016 06:52:09 PM
. A goodwill gesture to ease the plight of those hardest hit in Greece by tax increases and budget cuts has backfired spectacularly on the prime minister, Alexis Tsipras, with the country’s international creditors making clear he has acted out of step. ...
Greece must reform or leave eurozone, says German minister image
Source : Guardian [Read Article] Sunday 4th of December 2016 04:29:20 PM
.... Euclid Tsakalatos, the Greek finance minister, has said the situation “is as critical as it was in the summer of 2015” when, under threat of euro ejection, Athens received its third €86bn rescue package. With his own popularity plummeting in the face of fury over creditor-mandated cutbacks, the prime minister, Alexis Tsipras, had hoped to wrap up a second review of policy measures in time for Monday’s meeting as part of a broader strategy to secure short-term debt relief and participation of Greek bonds in the European Central Bank’s quantitative easing programme. ...
Barack Obama raises possibility of debt relief on final Greece visit image
Source : Guardian [Read Article] Tuesday 15th of November 2016 07:24:05 PM
.... A prosperous Greece would not only be good for the Greeks but good for Europe and ultimately the world, he said. “I will continue to urge creditors to put Greece on a path of a durable economic recovery,” he told a press conference after talks with the Greek prime minister, Alexis Tsipras. ...
Barack Obama calls for 'meaningful debt relief' for Greece image
Source : Guardian [Read Article] Sunday 13th of November 2016 07:39:08 PM
.... One neighbourhood with leftist affiliations in the heart of the capital has pronounced Obama “person non grata” while communists, anarchists, students and womens’ group have all pledged to take to the streets. But the Greek prime minister, Alexis Tsipras, a once fiery anti-austerity communist himself, has set much store on the visit. ...
Greek prime minister reshuffles cabinet to boost bailout reforms image
Source : Guardian [Read Article] Sunday 6th of November 2016 05:39:13 PM
. The Greek prime minister, Alexis Tsipras, has reshuffled his government to boost bailout reforms in the hope of getting the EU to agree to critical debt relief by the end of the year. ...
Auction halves number of Greek private TV stations image
Source : BBC [Read Article] Friday 2nd of September 2016 04:58:16 PM
....The number of privately owned TV networks in Greece has been halved to four after a government auction of new 10-year licences. A public auction of just four licenses has raised €246m (£206m) for the government, led by Alexis Tsipras. ...

Theresa May's first week in charge: The new Iron Lady, Corbyn's worst nightmare and a sober introduction to Europe - 7 things we learnt
 image
.... . As seasoned observers pointed out, Mrs Merkel had given Alexis Tsipras, the far-Left Greek prime minister a similarly generous welcome when he was elected in 2015, and then crushed him in subsequent negotiations over Greek bailouts. ...
UK should stop 'sitting back' in EU, says Jeroen Dijsselbloem image
Source : Guardian [Read Article] Thursday 2nd of June 2016 09:00:19 PM
....Looking to the short term, he expressed confidence that the International Monetary Fund’s board would back eurozone plans to delay debt relief until 2018, when Greece has completed its bailout programme. He said he admired the Greek prime minister, Alexis Tsipras, who won a second election in Greece last September, after agreeing to a €89bn eurozone bailout with tough conditions attached. ...
Eurozone unlocks €10.3bn bailout loan for Greece image
Source : Guardian [Read Article] Tuesday 24th of May 2016 06:27:07 PM
....Several eurozone finance ministers said Greece had done enough to get the next bailout cheque – hailing the latest austerity measures, an unpopular series of tax hikes pushed through by the Greek parliament on Sunday. The Syriza-led government of Alexis Tsipras voted through €1. ...
Greece pushes fresh austerity drive through parliament image
Source : Guardian [Read Article] Sunday 22nd of May 2016 08:16:31 PM
....3bn) in tax increases – widely regarded as the most punitive yet – amid hopes the move will lead to much-needed debt relief when eurozone finance ministers meet this week. Alexis Tsipras, the prime minister, mustered the support of 152 of his 153 deputies on Sunday to vote through policies that many have previously rejected. ...
This time in the euro debt crisis, the IMF will come bearing gifts for the Greeks image
.... Austerity today will lead to generosity from EU finance ministers when they meet on Tuesday. That, at least, is the hope of Alexis Tsipras, Greece’s prime minister, who is looking for a package in which he gets debt relief in return for austerity. ...
'Everyone’s outraged': angry Greeks foresee Grexit and drachma's revival image
.... So, too, do the vast majority of Greeks who walked through his door on Monday. “Everyone’s outraged, they’ve been swearing, insulting the government, calling [prime minister] Alexis Tsipras a liar,” he exclaims after parliament’s decision on Sunday night to pass yet more austerity measures. ...
'Everyone’s outraged': angry Greeks foresee Grexit and drachma's revival image
.... So, too, do the vast majority of Greeks who walked through his door on Monday. “Everyone’s outraged, they’ve been swearing, insulting the government, calling [prime minister] Alexis Tsipras a liar,” he exclaims after parliament’s decision on Sunday night to pass yet more austerity measures. ...
Eurozone ministers to examine how to ease Greece's debt burden image
Source : Guardian [Read Article] Monday 9th of May 2016 07:13:14 PM
.... In leaked letter, the head of the IMF, Christine Lagarde, threatened to pull the Washington-based fund out of the rescue altogether unless there were “credible measures”. But in an important compromise for the government led by Alexis Tsipras, Greece will not have to write these contingency measures into law upfront. ...
Greek MPs approve toughest austerity measures yet amid rioting image
Source : Guardian [Read Article] Monday 9th of May 2016 06:17:14 AM
....Amid violence on the streets and a three-day general strike that had brought much of the country to a halt, the embattled government pushed the legislation through parliament with the backing of its 153 MPS. Addressing the 300-seat House, prime minister Alexis Tsipras said: “We are determined to make Greece stand on its two feet at any cost. ...
Greek parliament approves controversial tax and pension reforms image
Source : Guardian [Read Article] Sunday 8th of May 2016 11:06:26 PM
....The reforms are seen as the toughest since the Greek debt crisis began. Leftist prime minister Alexis Tsipras called Sunday night’s vote to placate eurozone finance ministers who are meeting in emergency session to discuss Greece on Monday. ...
IMF threatens to pull out of Greek rescue image
Source : Guardian [Read Article] Friday 6th of May 2016 05:51:14 PM
....”. The Greek prime minister, Alexis Tsipras, unexpectedly called Sunday’s vote before the conclusion of the negotiations in order to placate creditors and increase his bargaining power at Monday’s meeting of eurozone finance ministers. ...
Eurozone in CRISIS: Greece set to default AGAIN and Italy panics over £270BN of bad loans image
....Greece desperately needs the next £4billion of the bailout package agreed with creditors last summer when it almost went bust. Prime minister Alexis Tsipras has already agreed to unpopular austerity reforms as part of the rescue deal, including pension cuts and take increases. ...
Europe's liberal illusions shatter as Greek tragedy plays on image
Source : Guardian [Read Article] Sunday 1st of May 2016 10:46:01 AM
....Disbursements of the loan have been held up, however, because neither the commission or the IMF believe that Greece will make the promised savings. So they are demanding that Alexis Tsipras’s government legislate for additional “contingency measures” worth €3. ...
Europe's liberal illusions shatter as Greek tragedy plays on image
Source : Guardian [Read Article] Sunday 1st of May 2016 10:46:01 AM
....Disbursements of the loan have been held up, however, because neither the commission or the IMF believe that Greece will make the promised savings. So they are demanding that Alexis Tsipras’s government legislate for additional “contingency measures” worth €3. ...
Europe on the brink: Greece begs EU and IMF “GIVE US MORE MONEY” image
Source : Daily Express [Read Article] Thursday 28th of April 2016 11:18:00 AM
....Athens is trying to secure its next £4billion of aid, which forms part of the bailout package agreed with creditors last summer when Greece almost went bust. Prime Minister Alexis Tsipras yesterday pleaded with Donald Tusk, President of the European Council, to call a meeting of eurozone leaders, as it remained at loggerheads with the IMF and its other creditors. ...
Tusk rejects Tsipras request for EU summit on Greece bailout image
Source : Guardian [Read Article] Wednesday 27th of April 2016 06:17:23 PM
....5 bn in maturing debt in July. “We have to avoid a situation of renewed uncertainty for Greece,” he told reporters after speaking with prime minister Alexis Tsipras on Wednesday. ...
TICKING TIME-BOMB: Greece set to run out of cash by MAY pushing Europe into ANOTHER crisis image
.... Without the money, Greece won't be able to make crucial debt repayments to the European Central Bank (ECB) and the International Monetary Fund (IMF) in June and July. Prime minister Alexis Tsipras is also arguing for one of Greece's huge debt to be written off in order to allow the economy room to recover. ...
Greek bailout deal talks constructive, say EU finance ministers image
Source : Guardian [Read Article] Friday 22nd of April 2016 05:34:36 PM
....Figures from the European statistics body Eurostat this week showed that Greece had achieved a better-than-expected primary budget surplus last year. That prompted the country’s leftwing government under its prime minister, Alexis Tsipras, to argue again for debt relief over new austerity measures. ...
Greek talks with lenders fraught as fears grow of default image
Source : Guardian [Read Article] Thursday 21st of April 2016 07:52:41 PM
....However, in recent weeks the talks have assumed an increasingly nervous edge. An economic review that should have been completed months ago has been beset by wrangling as Alexis Tsipras’s leftist-led government has argued with lenders over the terms of a bailout agreed last summer. ...
Greek debt crisis set to RIP European Union APART: Fears grow of SECOND crash image
Source : Daily Express [Read Article] Wednesday 20th of April 2016 04:51:00 PM
....Greece has been crippled by its huge debts and is also in the middle of the migrant crisis, which have made recent economic recovery a huge challenge. Prime minster Alexis Tsipras upped the stakes by recently signing an agreement with Portugal that stated that the two countries were against eurozone austerity policies. ...
Why we must save the EU | Yanis Varoufakis image
Source : Guardian [Read Article] Tuesday 5th of April 2016 05:00:27 AM
.... When I began speaking about them, they would look at me as if I were singing the Swedish national anthem. And behind the scenes they were exerting pressure on the Greek prime minister, Alexis Tsipras, to repress these proposals, insinuating that there would be no agreement unless we stuck to the troika’s failed programme. ...
IMF tells Greece leak is 'nonsense' image
Source : BBC [Read Article] Sunday 3rd of April 2016 11:58:17 PM
....International Monetary Fund chief Christine Lagarde has dismissed reports that the body is trying to push Greece towards default as "simply nonsense". "The IMF conducts its negotiations in good faith, not by way of threats, and we do not communicate through leaks," Ms Lagarde wrote in a letter to Greek Prime Minister Alexis Tsipras. ...
Stock markets rally at the end of a traumatic week image
Source : Guardian [Read Article] Friday 12th of February 2016 06:57:55 PM
....Greece, which has seen its debt to GDP ratio soar past 190% in recent months, fell into recession after recording its second quarter of negative growth. The Syriza government, led by prime minister Alexis Tsipras, has struggled to maintain a recovery that followed an accord signed last summer for a third bailout. ...
How would you pull a Big Short in 2016? | Paul Mason image
Source : Guardian [Read Article] Monday 25th of January 2016 04:55:31 PM
....The prime candidate is, of course, the euro. During the Greek crisis last year, prime minister Alexis Tsipras would repeatedly identify the €100bn of savings that had moved offshore since 2010 as, effectively, a bet on Grexit. ...
One year on, Syriza has sold its soul for power | Costas Lapavitsas image
Source : Guardian [Read Article] Monday 25th of January 2016 07:00:05 AM
. Today marks a year since a radical left government was elected in Greece; its dynamic young prime minster, Alexis Tsipras, promising a decisive blow against austerity. ...
Osborne: 'We need every country acting as one in search of growth' image
Source : Guardian [Read Article] Friday 22nd of January 2016 12:01:04 AM
....”. Lagarde also held talks over the situation in Greece with the Greek prime minister, Alexis Tsipras, on the sidelines of the Davos meeting after which it became clear the European Union will need to provide significant debt relief for Greece if it is to persuade the Washington-based fund to back the third bail out. ...
IMF demands EU debt relief for Greece before new bailout image
Source : Guardian [Read Article] Thursday 21st of January 2016 07:27:56 PM
....The European Union will need to provide significant debt relief for Greece if it is to persuade the International Monetary Fund to put its financial clout behind the country’s third bailout package, the Washington-based organisation has said. After what was described as a cordial meeting between the IMF’s managing director, Christine Lagarde, and the Greek prime minister, Alexis Tsipras, on the sidelines of the World Economic Forum in Davos, the fund said it was only prepared to support the recession-ravaged eurozone country on a strings-attached basis. ...
What is Davos? What will be discussed at the World Economic Forum image
Source : Daily Express [Read Article] Tuesday 19th of January 2016 05:01:00 PM
.... . Among the political high-fliers on the guest list this year are head of the International Monetary Fund (IMF), Christine Lagarde, new Canadian president Justin Trudeau, Greek prime minister Alexis Tsipras and Facebook chief executive Sheryl Sandberg. ...
Davos 2016: eight key themes for the World Economic Forum image
Source : Guardian [Read Article] Tuesday 19th of January 2016 06:00:17 AM
....Related: Euclid Tsakalotos: Greek finance minister on the hard path of post-bailout reform. But it still provides hope of a verbal punch-up, when the Greek prime minister, Alexis Tsipras, and the German finance minister, Wolfgang Schäuble, discuss the future of Europe. ...
A rough guide to surviving Davos image
Source : BBC [Read Article] Monday 18th of January 2016 12:05:14 AM
....i. am and Formula 1's Sebastian Vettel will be jostling for pole position against Bill Gates, Bono, Greek prime minister Alexis Tsipras and Canada's Justin Trudeau. ...
IMF demands debt relief as price for involvement in Greek bail-out image
Source : Telegraph [Read Article] Thursday 14th of January 2016 09:30:57 PM
.... . Greek prime minister Alexis Tsipras had called for the IMF to stay out of the country's bail-out last month. ...
Greece on a collision course with creditors after vowing not to slash pensions image
.... . The IMF has pushed hardest for bold cuts to the govenment's pensions outlay, leading to Greek prime minister Alexis Tsipras demanding that the Fund take no further part in the country's bail-out deal. ...
The 10 most seismic events in a year of living dangerously image
Source : Telegraph [Read Article] Tuesday 29th of December 2015 03:48:52 PM
.... That same sense of abatement in the eurozone crisis was underpinned by Greece’s farcical - and fruitless - game of political brinkmanship over continued membership of the single currency. Elected on an apparently irreconcilable agenda of both rejecting further austerity and remaining in the euro, Alexis Tsipras’s populist, Syriza-led government went to the wire and then capitulated, agreeing a further austerity programme that was in some respects worse than the one originally rejected. ...
The top 10 business stories of 2015 image
Source : Guardian [Read Article] Monday 28th of December 2015 09:00:25 AM
....In a marathon Brussels summit lasting more than 16 hours - the longest in EU history - an agreement was finally reached that would lead to a third bailout for Greece and keep the country in the eurozone. It was also a marathon Guardian live blog, running for more than 26 hours, as we detailed the nail biting progress of the talks and prime minister Alexis Tsipras’s eventual agreement to a further swathe of austerity measures and economic reforms. ...
Stories of 2015: Yanis Varoufakis, Syriza's anti-austerity motorbiker image
Source : Guardian [Read Article] Thursday 24th of December 2015 11:29:40 AM
.... But to the careful bankers and bureaucrats of the troika of Greece’s creditors – the European Central Bank, the EU and the International Monetary Fund – Varoufakis was less a novelty than an irritant, and finally an obstacle, to the deal they were determined to make. Eventually, he was sidelined from negotiations by his own prime minister, Alexis Tsipras, and resigned in early July, sweeping out of the finance ministry in a fittingly unconventional manner on his beloved motorbike. ...
Is Greece really on the road to recovery? image
Source : BBC [Read Article] Wednesday 23rd of December 2015 12:06:45 AM
.... . Just this month, the left-wing government of Prime Minister Alexis Tsipras agreed to a set of reforms, including allowing Greek banks to sell bad business loans onto foreign buyers. ...
A Christmas Carol (the modern-day economics edition) image
Source : Guardian [Read Article] Sunday 20th of December 2015 11:24:06 AM
....The third theme has been Greece and the euro. From the moment Alexis Tsipras became prime minister at the head of his Syriza coalition in January, Athens was on a collision course with its single-currency partners. ...
Tsipras expecting protest after Greece paves way for further privatisations image
. The Greek prime minister, Alexis Tsipras, has warned of the perils that his government faces after jumping another reform-for-aid hurdle with international creditors. ...
Euclid Tsakalotos: Greek finance minister on the hard path of post-bailout reform image
....Related: Greece crisis timeline: the rocky road to another bailout. The 2016 budget, described by prime minister Alexis Tsipras as difficult before being passed by MPs in a late-night vote last weekend, has not been well received. ...
Greece passes 'tough' austerity-extending 2016 budget image
Source : Telegraph [Read Article] Sunday 6th of December 2015 04:46:47 PM
....” . The Leftist party of Prime Minister Alexis Tsipras is under pressure to apply the terms of July’s much-opposed EU bailout worth up to €86 billion. ...
Greece approves austere 2016 budget image
Source : BBC [Read Article] Sunday 6th of December 2015 02:16:01 AM
....The budget was passed with a majority of only eight votes - 153 to 145. "This budget is a difficult task for a government that wants to leave its mark with social justice," Prime Minister Alexis Tsipras told lawmakers. ...
Germany gives Greece names of 10,000 citizens suspected of dodging taxes image
Source : Guardian [Read Article] Wednesday 25th of November 2015 06:57:24 PM
.... Sources said it resembled a “who’s who” of the well-heeled upper echelons of Greek society – able to spend Christmas in villas in Gstaad in Switzerland and summer at sea in luxury pleasure boats. Prime minister Alexis Tsipras, who won snap polls in September pledging to do away with the “old order”, has promised to dismantle Greece’s oligarchical establishment. ...
Yanis Varoufakis: Europe is being broken apart by refugee crisis image
Source : Guardian [Read Article] Monday 23rd of November 2015 03:20:29 AM
....Varoufakis’s casual dress and outspoken style endeared him to many during his controversial tenure as finance minister. But he was eventually forced out of government when the Greek prime minister Alexis Tsipras decided that he had to accept the unfavourable debt relief terms offered by the nation’s creditors. ...

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