After continuing to bend to the will of its international lenders, Greece keeps hoping it will lead to debt relief but none’s in sight.
Under pressure from international creditors, Greece has scrapped a plan offering tax cheats incentives to pay what they owe.
Having rammed more austerity through Parliament, Prime Minister Alexis Tsipras is getting ready to prepare more for beleaguered Greeks.
Greece’s European creditors have sent a plan to Eurozone finance chiefs seeking “additional austerity steps” if fiscal targets aren’t met.
Prime Minister Alexis Tsipras said more austerity measures he said before had destroyed the lives of Greeks now won’t hurt them.
Greek lawmakers on May 8 were in the final debate over more crushing austerity measures being pushed by Prime Minister and Radical Left SYRIZA leader Alexis Tsipras, almost completing a complete retreat from his vows to overturn the brutal conditions ordered by international lenders.
President Barack Obama will name US Ambassador in Ukraine Geoffrey Pyat the next US Ambassador to Greece, not leaving the slot open.
Greece isn’t just broken. It’s broke. Six years and 326 billion euros in three bailouts later, the economy is worse, with debt hovering around 175 percent of GDP.
Already locked into 5.4 billion euros in austerity reforms demanded by international lenders, Greece said it will not plan for another 3.4 billion euros if needed.
A Greek government official says the country will not approve contingency savings measures that the International Monetary Fund is demanding.