Tsipras
Tsipras Turns Tables on Europe in Austerity Referendum Triumph
©2015 Bloomberg News NR17VG6K50XT (Bloomberg) — Greece voted against yielding to further austerity demanded by creditors, leaving Europe’s leaders to determine if the renegade nation can remain in the euro. With 85 percent of votes counted, 62 percent of voters backed Prime Minister Alexis Tsipras and his Coalition of the
Greece Imposes Capital Controls, Banks Close to Contain Fallout
©2015 Bloomberg News NQOJKT6S9728 (Bloomberg) — Greece moved to avert the collapse of its financial system by shutting lenders and imposing capital controls as of Monday, a measure that will deepen the country’s recession and risk driving it toward an exit from the euro. The move to husband resources followed
Greek Aid Talks Gain Urgency as Breakthrough Remains Elusive
©2015 Bloomberg NNSDOK6K50XU (Bloomberg) — Greece and its international creditors are still far apart on key elements of the country’s bailout agenda after four days of intensive negotiations. Differences remain on issues ranging from fiscal assumptions to asset sales and labor and pension reforms, according to three people familiar with