ATHENS, July 3 (Reuters) – Tens of thousands of Greeks took
to the streets on Friday in rival rallies that laid bare the
deep divide heading into a referendum that may decide the
country’s future in Europe’s single currency.
Prime Minister Alexis Tsipras, elected in January on a
promise to end years of austerity, urged people packing Syntagma
square in central Athens to spurn the tough terms of an aid deal
offered by international creditors to keep the country afloat.
ATHENS (Reuters) – Thousands of Greeks staged rival rallies on Friday ahead of a weekend referendum that may decide the country’s future in Europe’s single currency, with polls showing voters almost evenly split.
At least 20,000 people turned out at each rally, at the end of a week of high drama following the government’s rejection of an aid deal with international creditors and the closure of banks.
ATHENS, June 30 (Reuters) – The head of the European
Commission made a last-minute offer to try to persuade Greek
Prime Minister Alexis Tsipras to accept a bailout deal he has
rejected before a referendum on Sunday which EU partners say
will be a choice of whether to stay in the euro.
But Greek government sources said the leftist premier stood
by his rejection of the creditors’ conditions and Greece would
default on a crucial repayment due to the International Monetary
Fund on Tuesday, plunging it deeper into financial crisis.
ATHENS (Reuters) – Tens of thousands of Greeks rallied on Monday to back their leftwing government’s rejection of a tough international bailout after a clash with foreign lenders pushed Greece close to financial chaos and forced a shutdown of its banking system.
With a popular referendum on the bailout planned for Sunday, Prime Minister Alexis Tsipras put his own position on the line, saying he would respect the result of the vote but would not lead a government to administer “austerity in perpetuity.”
ATHENS, June 29 (Reuters) – Greece, at pains to protect one
of the economy’s only bright spots, rushed on Monday to assure
tourists that their holidays would be untouched by the
restrictions imposed to protect the tottering banking system.
The government on Sunday ordered banks to close for a week
and imposed capital controls as it lurched towards a default in
a dramatic standoff with international creditors who have been
keeping the country solvent.
ATHENS, June 29 (Reuters) – Greeks struggled to adjust to
shuttered banks, closed cash machines and a climate of rumours
and conspiracy theories on Monday as a breakdown in talks
between Athens and its creditors plunged the country deep into
Prime Minister Alexis Tsipras, who blindsided creditors by
calling a referendum on the austerity cuts in the aid package
proposed by the creditors, appeared on television on Sunday
night to announce capital controls to prevent banks from
ATHENS (Reuters) – Greeks woke up to shuttered banks, closed cash machines and a climate of rumors and conspiracy theories on Monday as a breakdown in talks between Athens and its creditors plunged the country deep into crisis.
After receiving no extra emergency funding for Greek lenders from the European Central Bank, Prime Minister Alexis Tsipras sombrely announced capital controls in a televised address on Sunday night to prevent banks from collapsing under the weight of mass withdrawals.
ATHENS, June 29 (Reuters) – Greeks woke up to shuttered
banks, closed cash machines and a climate of rumours and
conspiracy theories on Monday as a breakdown in talks between
Athens and its creditors pushed the austerity-battered country
to the brink.
After receiving no extra emergency funding for Greek lenders
from the European Central Bank, Prime Minister Alexis Tsipras
reluctantly imposed capital controls on Sunday night to prevent
banks from collapsing under the weight of mass withdrawals.
ATHENS (Reuters) – Prime Minister Alexis Tsipras has easily clinched parliamentary approval of his desired July 5 referendum on Greece’s creditors’ latest bailout terms.
By the time Greeks go to vote, however, the issue they will be voting on might be entirely irrelevant since the creditors have suggested their offer may now be off the table.
PAROS, Greece, June 28 (Reuters) – Alexis Kalaitzoglou makes
a swift gesture to describe what he thinks about Prime Minister
Alexis Tsipras: the shopkeeper of this busy tourist island pulls
his leg back and swings it forward as if to give Greece’s leader
a good kicking.
Kalaitzoglou is angry because his family’s shop of jams,
honeys and wooden handicrafts – part of a wider tourism industry
that is the only bright spot of Greece’s struggling economy -
may be in for a rough ride.