Greek voters reject austerity measures

Greek voters reject austerity measures

(VOVworld) – 61.31 % of Greek voters rejected accepting austerity measures in exchange for an international bailout, according to official results of the Sunday’s referendum
Greece submits new proposal to creditors

Greece submits new proposal to creditors

(VOVworld) - Greece has submitted a new proposal to its international creditors in a last-ditch attempt to keep from defaulting on its IMF debt payment, which falls due on Tuesday
IMF receives loan extension request from Greece

IMF receives loan extension request from Greece

(VOVworld) – Eurozone finance ministers denied the last-minute proposal of Greek Prime Minister Alexis Tsipras to extend Greece’s bailout package during an urgent phone call Tuesday midnight
S&P downgrades Greece’s credit rating

S&P downgrades Greece’s credit rating

(VOVworld) – Standard and Poor’s Ratings Services (S&P) lowered its sovereign rating on Greece to “CCC minus” from “CCC”, saying the possibility of Greece exiting the Eurozone was now...
Greece before EU's last-minute deal

Greece before EU's last-minute deal

(VOVworld) – June 30th is the deadline for Greece to pay its debt to the IMF. When the bailout program expires, no rule says Greece has to leave the Eurozone if it defaults...
EU summit discusses regional issues

EU summit discusses regional issues

(VOVworld)- 27 European Union leaders gathered in Brussels on Thursday to discuss issues that have split the bloc over the past few months. High on the agenda will be Greece’s debt...
International creditors praise Greece's new proposal

International creditors praise Greece's new proposal

(VOVworld) – New proposals from Greece to resolve the debt crisis have been positively received by the three international creditors, the European Union (EU), the International Monetary Fund (IMF) and the European Central Bank (ECB...
Tsipras says creditors seeking to humiliate Greece

Tsipras says creditors seeking to humiliate Greece

(VOVworld) – Greek Prime Minister Alexis Tsipras has accused international creditors of trying to “humiliate” Greece and called on the EU to reconsider its support for the harsh reform proposals laid out by...