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...
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...
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....
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...
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...
