July 2015
Greek Parliament Approves Necessary Reforms for Financial Aid
The Greek Parliament has approved crucial reforms for financial aid, despite internal dissent within Prime Minister Tsipras's Syriza party. This legislation aims to address Greece's…
Crowdfunding for Greeks
Tom Finney, a British shoe seller, initiated a crowdfunding campaign to help Greece with its financial crisis, suggesting that a small contribution from each European…
Greece Holds Referendum on Debt Payment Conditions
Greece held a referendum on July 14 regarding the acceptance of conditions for paying foreign debts, which could significantly impact its future in the Eurozone…
International Monetary Fund: Greece Needs Another 50 Billion Euros
The IMF has reported that Greece requires an additional 50 billion euros to stabilize its economy, with a significant portion expected from European lenders. Prime…
Greece Failed to Pay Its Debt to the International Monetary Fund
Greece failed to make a 1.5 billion euro payment to the IMF, prompting the EU to consider an emergency financial rescue package. The leftist government…