Brussels Sends Tsipras Packing

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EU Sends Tsipras Packing

Bank Regulations 

Athens, June 29 – On Monday, June 29, 2015 banks will be closed until Monday, July 6, in accordance with relevant PNP published in the Government Gazette. Deposits are fully secured, as he and the Prime Minister himself. Here you will find all the answers to questions and questions about this difficult period, which recommended temper and patience. Also, tourists will not have any restrictions on the use of their cards .

The payment of pensions exempt from banking restrictions hereof. The management of credit institutions will announce its mode of payment. Read more

All Cards Played 
 

What happened:

The Euro Group intends to phase out the aid program for Greece.
The stop of payments is a response to the announcement made by Prime Minister of Greece Tsipras to let the Greeks vote in a referendum on July 5 on the austerity package. His party wants to ask voters to “no” vote.
The Parliament in Athens approved the holding of a referendum. Whether it ever comes to that, is uncertain – the payments to Greece are already due on the night of 30 June.

Translation / Protagon

2015-06-27

 
All Cards Played 
 

Nikos Dimous: Whatever happens Greece loses

Athens, June 28 – The crisis day for Europe has gone with another signal of confrontation to an end: The Greek parliament voted Saturday night for the controversial referendum on the reform demands of European donors, Premier Tsipras called for a “Big No”. The ECB will probably respond today if there are further emergency loans for Greece banks. Earlier, the euro group had decided to phase out aid for Greece. Read more 

Grexit Economist

BY NIKOS DIMOUS

Athens, June 28 – If Syriza wins the referendums suddenly we are in a poor country. Marginal, the third – or rather the fourth – world.

The government claims – so as not to scare people – that we will remain in the euro. It might want it so, but will the euro want us? Without debt financing – without ELA and ESF – we cannot stand. I do not know even if I manage to print drachmas. Read more

Translation / Protagon

What Greece referendum is all about

What the Greece referendum is all about

Athens, June 28 – Things are so confused and blurred, I imagine hardly anyone can distinguish the “good” and “evil” of this story called “referendum”. The issue is much more complex than it seems, simplifications, populism and generalizations prevail and rather difficult to argue that anyone became wiser from the debate in the House.

They dominated the slogans, personal and party conflicts and efforts to gain impressions and not he would distinguish the truth. Not the truth of the one or the other, but one that is close to an objective. To make a little effort with the hope to contribute a little to the understanding, nothing more. Read more

Translation / Protagon

Dark Clouds Over Athens 

Yanis Varoufakis Euro Summit

Greece ATM Tilts

An agreement between Greece and its creditors is not emerging. Apparently, both sides have introduced their own proposals. European Union Commission President Jean-Claude Juncker said he remains optimistic. Germany’s Finance Minister Schäuble said that he was “not very confident.”

Brussels, June 25 – Two proposals, no agreement. Thus, currently, the state of affairs from Brussels. In the negotiations between the Greek Prime Minister Alexis Tsipras and the creditors obviously different ways out of the debt crisis were discussed. Now, the EU finance ministers would decide which paper should be the basis for talks, told diplomats. The meeting of the Euro Group finance ministers is postponed to early afternoon. Read more 

Yanis Varoufakis 

Yanis Varoufakis Euro Summit 25 June 2025

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