Alexis Tsipras

Greece Recalls Its Ambassador in Austria Over Migrant Dispute

Greece recalled its ambassador from Austria, following Austria's decision to close its border for migrant. While majority of people are not satisfied with government's way in handling economic crisis.

Greece Economy Decline More than Expected in Q3

Greece economy declines 0.9% in third quarter according to Elstad, the Hellenic Statistical Authority.

Early Christmas: Greece to get first €3B of aid package

The Greece government is poised to receive the €3-billion aid installment of €86-billion bailout package. The European Economics Commissioner Pierre Moscovici made an announcement to this effect. The European commission will deal with the recapitalization of banks and Greece's debt in November or December.

Alexis Tsipras retains economic government to battle crisis

Greek Prime Minister Alexis Tsipras appoints the same people for his new economic team that would handle the biggest modern world crisis.

Tsipras to push bailout package, hike taxes

Soon after coming back to power for the second time in lthe same year, Alexis Tsipras is making measures that support the third round of euro 86-bn baiklout package. He inducted two baikout negotiators into the government economic team. Barring two parties, remaining all the parties are supporting the bailout package.

Greece elections: Clear mandate holds the key on $96-bn bailout package

Greece is heading for elections next month as Tsipras-led Syriza Party and Evangelos Meimarakis-led New Democracy Party are in the fray. Unless there's a clear majority, no party can take key decisions on the third-round of the bailout package, over which Tsipras opted for elections to seek new mandate from the people.

Drama in Greece continues with Tsipras calling the vote

Just when Greece was about to get a new 86 billion bailout package, its prime minister, Alexis Tsipras resigned calling for a snap election on September.

Night at the Greek Parliament: What happened during the voting on 3rd Greece bailout

The Greek parliament approved and passed the draconian Austerity bill amidst wide protests on Thursday. A total of 229 lawmakers had voted in favor of the austerity measures with 64 against and 6 refraining themselves from the vote.

Euro Suffered from Greece's Turmoil but Continues to Show Stability

Some observers were surprised with the market's reaction to the Greek dilemma. Experts say it could be an expected crisis that investors were already prepared for while others say the worst is yet to come.

Greek government faces internal backlash over pick for IMF representative

Athens might fail not meeting the 460-million-euro ($683 million) IMF installment if it demands to choose between the IMF and paying government workers. Greek Prime Minister Alexis Tsipras faced a backfire from his politically radical legislators over the government's choice for the country's advocate at the International Monetary Fund.

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