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Greek Finance Minister Varoufakis resigns

Greek Finance Minister Varoufakis resigns

Greece’s outspoken finance minister resigned on Monday (6 July), removing a major obstacle to any last-minute deal to keep Athens in the eurozone after Greeks voted resoundingly to reject the austerity terms of a bailout. Yanis Varoufakis, a self-proclaimed “erratic Marxist” economist who infuriated euro zone partners with his unconventional style and hectoring lectures, had […]

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Greece debt crisis: Tsipras says voters made ‘brave choice’

Greece debt crisis: Tsipras says voters made ‘brave choice’

Prime Minister Alexis Tsipras has said Greeks made a “brave choice” in voting to reject the terms of an international bailout in Sunday’s referendum. Thousands celebrated in the streets after hearing the final result was 61.3% ‘No’, against 38.7% ‘Yes’. But European officials warned that it could see the country ejected from the eurozone and […]

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Statement by European Commission following referendum in Greece

Statement by European Commission following referendum in Greece

“The European Commission takes note of and respects the result of the referendum in Greece. “President Juncker is consulting tonight and tomorrow with the democratically elected leaders of the other 18 eurozone members as well as with the Heads of the EU institutions. He will have a conference call among the ‘Euro-Institutionals’ (with the President […]

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Greece: Tsipras-Hollande held talks

Greece: Tsipras-Hollande held talks

Greek Prime Minister Alexis Tsipras and French President Francois Hollande held talks over the phone on Sunday, a Greek government official said, after Greeks voted to reject the austerity terms of an aid package from international creditors. [Reuters]

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Hollande-Merkel to evaluate Greek ‘No’

Hollande-Merkel to evaluate Greek ‘No’

The AFP news agency has reported that French President Francois Hollande will meet German Chancellor Angela Merkel in Paris on Monday night (6 July) to discuss the outcome of the vote. The two leaders will hold a working dinner to “evaluate the consequences of the referendum in Greece” on whether to accept tough bailout conditions, […]

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Greece votes ‘No’

Greece votes ‘No’

With more than two-thirds of the votes counted, results show Greeks have rejected the terms of international bailout by 61% to 39%. Voters were asked on Sunday (5 July) whether to accept or reject the country’s multi-billion euro bailout deal with the European Union. Polling booths closed at 16h GMT on Sunday, with ten million […]

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Greece referendum: Greeks in decisive vote over debt deal

Greece referendum: Greeks in decisive vote over debt deal

Millions of Greeks are voting in a crucial referendum on whether to accept the terms of an international bailout. Polling stations opened at 7h local time (7h GMT), with the first results expected on Sunday evening. The government has urged a ‘No’ vote, but opponents warn this could see Greece ejected from the eurozone. Greeks […]

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