Greece referendum: did the euro just die at 4pm?
While the far left government will pose the referendum as a vote for or against austerity, the right will say it’s an in-out vote for the single currency and the EU itself.
While the far left government will pose the referendum as a vote for or against austerity, the right will say it’s an in-out vote for the single currency and the EU itself.
Greek PM Alexis Tsipras has just called a referendum on 5 July. This after spending most of the week locked in discussions with creditors…
While the proposal has caused outrage among the Greek conservatives and outrage among Syriza’s left-wing voters, the real problem is bigger.
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.
The country will divide: right versus left – as it has been divided since British tanks rolled into Syntagma Square in 1944 to install former Nazi collaborators into office.
With negotiations between Greece and its lenders stalled, but the differences amounting to around 0.6 per cent of Greek GDP, the stage is set for either a last-minute deal or a breakdown.
The Greek crisis ramped up a gear last night when, at the start of supposed “last chance” talks in Brussels, EU negotiators told the Greek delegation that “negotiations were over”.
Today Israel has exonerated its military from any criminal charges relating to the action. It says they were playing in a “compound” clearly identified…
In “Pirates of Canary Wharf” that went on for years. It was un-ethical behaviour that “became the norm” – Mark Carney will say tonight.
While Tsipras, Varoufakis and their negotiators have been trying to get the country’s debt reduced via the IMF and ECB, Zoe Konstantopoulou has been working to get it declared invalid.
They came, they saw, they had – as one Syriza MP put it to me last night – “their balls handed to them”. For all the smiling and calm displayed by Alexis Tsipras, the Greeks know they came off the worst.
There may be a technical get-out clause that allows Greece to wrap its four repayment dates to the IMF this month into one, but the IMF’s own assessment is correct: Greece can’t pay.
When US prosecutors say Fifa’s execs have “corrupted global football”, that will ring alarm bells in every global brand associated with football.
After a weekend of leak and counter-leak, today has seen another dramatic development: the leak to a newspaper of the European Commission’s proposal to break the Greece logjam.