Tag: Grexit

FINANCE
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Why Grexit cannot save Greece

Panos - Nov 28, 2017

In 2008-2013 Greece suffered an extraordinary economic decline, from which it has not yet recovered. For a while, the idea of exit from the Eurozone gained ascendancy,…

FINANCE
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Varoufakis allegedly ‘threatened’ European creditors with a Grexit

makis - May 13, 2016

The former Minister of Finance Yanis Varoufakis claimed that he threatened Greece’s European creditors with a departure from the Eurozone, with the agreement of Prime Minister Alexis…

GREECE
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‘Success story’ Cyprus exits bailout program

makis - Mar 31, 2016

Cyprus on Thursday concluded its multi-billion-euro bailout programme with the European Union's rescue fund as it battles back from a financial crisis that ravaged its banking sector.…

FINANCE
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Merkel proposed Grexit to Hollande before key Eurogroup in July 2015

chris1 - Feb 21, 2016

Although the idea of Greece taking a five-year “time-out” from the euro was first made public at the July 11 Eurogroup last year, German Chancellor Angela Merkel…

FINANCE
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Schaeuble: Greeks would have suffered only once because of Grexit

Panos - Feb 04, 2016

German Finance Minister Wolfgang Schaeuble brought up indirectly the Grexit issue speaking at an event in Hamburg. Mr. Schaeuble expressed the view that Greeks would have suffered…

FINANCE
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“The Grexit is a closed chapter”

ilias1 - Jan 31, 2016

The governor of the Bank of Greece Yannis Stournaras was adamant that the possibility of ‘Grexit’ is “a closed chapter”, in an interview he gave to the…

GREECE
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Half of Greeks see worse year ahead

chris1 - Jan 03, 2016

One in two Greeks fear the situation in their country will degenerate in 2016 rather than improving, according to a new opinion poll, which found that six…