Greek Crisis News

Politics

Greece exits bailouts after biting austerity

But problems far from over, officials warn the country still has a long way to go

3 min read20 Aug 2018
Opinion

Jean-Claude Juncker | European solidarity in a world of crises

European integration is a multifaceted and often complicated affair. We do not always get it right the first time, but we will persevere

4 min read31 Dec 2015
News

Left-wing Syriza wins Greece election

With 44% of the vote counted, Syriza stood at 35.5%, with the conservative New Democracy at 28% while the Nazi-inspired Golden Dawn was coming in third with 7.1%

4 min read21 Sep 2015
News

Alexis Tsipras puts his austerity agenda to the test, calls for elections

Greek Prime Minister Alexis Tsipras announced his resignation on Thursday and called for early elections in the crisis-hit country

4 min read21 Aug 2015
Opinion

Does gold have a future?

Had gold peaked at $1,200-1,400 per ounce in 2012, its fall since then might not have been so hard to swallow for gold bulls

4 min read10 Aug 2015
News

Greece clears final reform hurdle before new bailout talks

Lawmakers voted 230-63 in favour of the measures, following a whirlwind debate that ended at 4 am (0100 GMT)

5 min read23 Jul 2015
News

Banks reopen, first repayments start as Greece aims for return to normal

Increases in value added tax agreed under the bailout terms also took effect, with VAT on food and public transport jumping to 23% from 13%

4 min read20 Jul 2015
Opinion

Asia’s view of the Greek crisis

Greece has to consume painful medicine, but what Asia had to undergo after the 1997 crisis was far harsher

4 min read19 Jul 2015
News

Europe moves to restore funding to Greece after bailout vote

Alexis Tsipras receives twin lifelines of 7 bn in bridging loans and a 900 mn increase in emergency funding

5 min read16 Jul 2015
Opinion

Greek crisis: resolved or postponed?

In a way, Greece has been in the intensive care unit of fiscal austerity and structural reforms for five years now

4 min read16 Jul 2015
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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