France and Germany told Greece to come up with serious proposals in order to restart financial aid talks, raising pressure on Prime Minister Alexis Tsipras to compromise a day after his country voted overwhelmingly against more austerity
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.
The European Union also has difficulties in completing a draft proposal of goods and services to exchange with Mercosur in the search for a long delayed trade agreement between the two blocks, revealed Uruguayan vice-president Raul Sendic during a report to the Senate on his recent 10/11 June trip to Brussels for the Celac/EU summit. However in the third quarter of the year there should be positive news.
Angela Merkel has retained her place as the world's most powerful woman for the fifth year in a row, U.S. business magazine Forbes said on Tuesday. Merkel has made the list 10 times in the past 12 years, nine of them as number one. She was first elected in 2005 and won an historic third term in 2013.
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.
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.
Europeans, including IMF chief and Americans clashed on Thursday in Davos during a debate on monetary stimulus that degenerated into a skirmish over the European Union economy and the Euro.
Thousands of Germans turned out for an anti-Islam rally on Monday in Dresden, where some protesters wore black ribbons to show their solidarity with the 17 victims of last week’s terror attacks in Paris.
Dozens of world leaders including Muslim and Jewish statesmen liked arms leading hundreds of thousands of French citizens in an unprecedented march under high security to pay tribute to victims of Islamist militant attacks.
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.