Greece debt crisis: Tsipras prepares for compromise deal
Alexis Tsipras is getting ready to stage a climbdown and he will tell the people of Greece he’s about to accept something very very similar to the conditional bailout he rejected.
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Alexis Tsipras is getting ready to stage a climbdown and he will tell the people of Greece he’s about to accept something very very similar to the conditional bailout he rejected.
As the midnight deadline for Greece to repay ¬1.6bn fast approaches, last-minute efforts are underway to avert a chain of events that could lead to Grexit.
With European stock markets falling and banks closed in Greece, the president of the European Commission warns that “egotism” and “tactics” have hampered efforts to resolve the Greek crisis.
The level of pressure that’s being exerted on Syriza right now, I don’t think is enough to derail a deal from below.
Ahead of a crucial meeting on the Greece debt crisis on Monday, Paul Mason presents a special long-read, offering five pictures of the country.
Zoi Konstantopoulou, Syriza MP and speaker of the Greek parliament, tells Channel 4 News her government is trying to serve its democratic mandate and not trying to blackmail Europe.
It is crunch time for Greece. If it fails to pay its debts it could be forced to leave the euro and the EU, and plunge into the unknown. These are the key dates as we approach possible Grexit.
The prime minister of Greece, Alexis Tsipras says he would choose for the country to default on its 320bn euro debt, rather than pursue a “continued catastrophic policy for Greece”.
Eurozone finance ministers are meeting in Brussels to discuss the Greek debt crisis.
While the Riga Eurogroup meeting on Friday is not the last chance Greece has to be rescued, it is probably the last chance for it to achieve a result outside of crisis measures.
At less than 24 hours’ notice the European Commission has vetoed a key law set to be passed by the Greek parliament tomorrow.
Greece and European finance ministers have moved a step closer towards agreeing a deal on extending the country’s bailout, potentially staving off a financial crisis in the eurozone.
Though the Greek PM is still talking tough, a Greek exit from the Eurozone is looking ever more possible. But a planned demonstration of public emotion could yet have the most impact of all.
The battle over Greek debt comes down to politicians versus central bankers – and who is willing to call Syriza’s bluff.
Greece’s new Syriza-run government re-writes the timetable for dealing with its huge debts, saying to Europe’s money men: “go ahead punk – make my day”.