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Greek MPs pass Crucial Reforms

By uniquetimes July 23, 2015 0

Greece has passed crucial step towards a bailout after its parliament went through a crucial second set of reforms. It is reported that now the negotiations on an 86 billion euro European Union bailout can begin. The measures in the reforms stated are changes to the Greek banking system and an overhaul of the judiciary system. While the […]Continue Reading

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Second bailout reform in Greece

By uniquetimes July 22, 2015 0

The Greek parliament is reported to vote on Wednesday for its second set of reforms in order to secure its bailout deal. It is reported that in case if the MPs approve the financial and judicial reforms then the 86 billion euro bailout will be agreed from its creditors. Alexis Tsipras, the Greek Prime Minister […]Continue Reading

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Euro zone backs Greek bridging role

By uniquetimes July 17, 2015 0

The Euro zone ministers have finally agreed to give Greece a 7 billion euro as a bridging loan from the EU-wide finance in order to maintain its finance until a bailout is being approved. It is expected that the loan will be confirmed by the EU leaders on Friday. The European Central Bank has also agreed to increase […]Continue Reading

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Greek Prime Minister faces Euro zone deal battle

By uniquetimes July 14, 2015 0

Alexis Tsipras, the Greek Prime Minister faces the deal battle offered by the Euro zone leaders to win the support from the coalition partners for the third bailout. It is reported that four parts of the legislation must be passed within Wednesday which includes VAT and pension reforms. But to this, Panos Kammenos, the defense […]Continue Reading

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Tsipras turns on creditors

By uniquetimes June 25, 2015 0

Alexis Tsipras, the Greek Prime Minister has criticized the Greece’s international creditors for having failed in accepting his government’s latest proposals. He stated that this had never happened with similar measures being put forward by other states negotiating bailouts. He has also quoted that the creditors might not need a deal. It has been also […]Continue Reading