In Greece, Alexis Tsipras’ Gamble Pays Off. Now What? Alexis Tsipras has won his third election this year. It's a remarkable achievement for a man who won his first election on an anti-austerity platform, his second after urging voters to support that position, and his third after doing a U-turn and accepting tough bailout conditions demanded by Greece’s creditors.
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Showing posts with the label Greece
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Every Effort Being Made to Avoid Grexit, says European Commission’s Dombrovskis Every effort is being made to keep Greece in the Eurozone, but the Greek government has to show that it can be a genuine partner by presenting a credible reform proposal in its bid to secure a bailout, a senior European Commission official said July 9.
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Will Greece Go Bankrupt this Summer? The Greek government and its creditors—the European Commission, the European Central Bank, and the International Monetary Fund—have made mistakes over the course of three months of negotiations aimed at securing a commitment from Greece to undertake economic reforms before the latest €7.2 billion ($8.15 billion) tranche of the country’s bailout fund is released, says the Atlantic Council’s Andrea Montanino.
Details of Greece’s Reforms Plan are Key, Says Montanino
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