Tag: Alexis Tsipras

• Tuesday, July 7th 2015 - 07:01 UTC

  Greek finance minister ousted because he favored a 'parallel currency'

  

  Yanis Varoufakis, who was Greece's finance minister until Monday morning, was reportedly pushed from his job after he told a journalist that Greece could introduce a parallel currency in the weeks ahead. Cash is flooding out of Greek banks at the moment, and the government desperately needs money to make payments due later this month.

• Saturday, July 4th 2015 - 07:33 UTC

  Greece 'Yes' and 'No' voters tied for Sunday's referendum, shows latest poll

  

  Greeks packed city squares for dueling rallies late into the night Friday, as polls showed a dead heat between the 'yes' and 'no' camps ahead of a bailout referendum Sunday that could be Greece's most important vote since it joined the European Union.

• Tuesday, June 30th 2015 - 07:14 UTC

  EU leaders warn Greeks the referendum vote means “yes or no to the Euro zone”

  

  European leaders have warned Greeks that rejecting creditors' proposals in a snap referendum called for Sunday would mean leaving the Euro. German Vice Chancellor Sigmar Gabriel said the vote would be “yes or no to the Euro zone”.

• Monday, June 29th 2015 - 06:20 UTC

  Greek banks closed and Tsipras takes the dispute with ECB and IMF to the brink

  

  Greek banks are to remain closed and capital controls will be imposed, Prime Minister Alexis Tsipras announced. Speaking after the European Central Bank (ECB) said it was not increasing emergency funding to Greek banks, Tsipras underlined Greek deposits were safe.

• Thursday, March 12th 2015 - 00:12 UTC

  Greece demands reparations from Germany for Nazi occupation crimes, loan and destruction

  

  The Greek government has threatened to seize German property as compensation for a Nazi atrocity in World War Two. Justice Minister Nikos Paraskevopoulos said he was ready to approve a Supreme Court ruling from 2000 backing payment to relatives of the 218 victims.

• Tuesday, January 27th 2015 - 06:44 UTC

  Germany waiting for Tsipras government move: Greece must stick to its commitments

  

  Greece’s election has sent shockwaves throughout Europe and especially Germany. The Euro zone’s biggest economy and paymaster has reluctantly footed a big bill for bailing out Greece and other euro members, extending financial aid in return for strict and unpopular austerity measures.

• Monday, January 26th 2015 - 05:27 UTC

  Greece's anti austerity party wins election: one short of an absolute majority

  

  Anti-austerity Syriza party has won Greece's general election, putting the country on a possible collision course with the EU over its massive bailout. With nearly 75% of the votes counted, Syriza is projected to win 149 seats, just two short of an absolute majority, though that number could change.

• Friday, January 9th 2015 - 06:42 UTC

  Merkel said Germany wants Greece in the Euro-zone, but Athens must abide bailout terms

  

  Germany's Angela Merkel has played down the chances of a Greek exit from the Euro zone, but made clear she expected Athens to stick to the terms of its international bailouts after this month's election.