Middle-east Arab News Opinion | Asharq Al-awsat

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Prime Minister of Greece Alexis Tsipras. REUTERS/Alkis Konstantinidis

Europe Seeks New Vision

by Abdel Satar Barakat | Sep 12, 2016 | Business

Athens-EU member states have been severely damaged by the international financial crisis that occurred in 2008 and from the flow of refugees as a result of the Syrian civil war. This situation pushed Prime Minister of Greece Alexis Tsipras to call for a “new vision...

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Greek Prime Minister Alexis Tsipras (R) speaks with the media as he leaves after a meeting of euro zone heads of state at the EU Council building in Brussels, on July 13, 2015. (AP Photo/Francois Walschaerts)

Euro zone strikes deal with Greece after all-night struggle

by Asharq Al-Awsat | Jul 13, 2015 | World

Brussels, Reuters—Euro zone leaders made Greece surrender much of its sovereignty to outside supervision on Monday in return for agreeing to talks on an 86 billion euros bailout to keep the near-bankrupt country in the single currency. The terms imposed by...

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German Chancellor Angela Merkel and Economy Minister Sigmar Gabriel attend a session of the Bundestag, the lower house of parliament, in Berlin on February 27, 2015. (Reuters/Hannibal Hanschke)

German parliament approves Greece’s bailout extension

by Asharq Al-Awsat | Feb 27, 2015 | World

Berlin, AP—Germany’s parliament overwhelmingly approved the four-month extension of Greece’s financial bailout on Friday, despite unease over the new government in Athens. Lawmakers voted 542-32 to back the bailout extension. There were 13 abstentions....

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A Greek and a European flag flutter outside the Greek embassy in Brussels on February 19, 2015. (Reuters/Yves Herman)

Euro zone may need extra summit to clinch Greek deal

by Asharq Al-Awsat | Feb 20, 2015 | World

Brussels and Athens, Reuters—Euro zone finance ministers will try again on Friday to break a deadlock over Greece’s urgent need for further financing but it may take an emergency summit of the currency bloc in the coming week to clinch any deal. With EU...

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Greece’s new leftist finance minister Yanis Varoufakis (R) talks with Greek Prime Minister Alexis Tsipras (L) in the parliament in Athens on February 6, 2015. (REUTERS/Panayiotis Tzamaros/FOSPHOTOS)

Greek leader to reject EU’s austerity, lay out leftist programme

by Asharq Al-Awsat | Feb 8, 2015 | World

Athens, Reuters—New Greek Prime Minister Alexis Tsipras will lay out his radical left-wing government’s policies in a speech later on Sunday, firmly rejecting any more austerity forced on his debt-strapped country by its euro zone partners. In his first major...