- June 30th, 2015
- Posted by EU Australia
Greece has not met the deadline for payment of the next installment on debt due to the IMF, on Tuesday night.
There were eleventh-hour exchanges between the Greek government and EU Ministers, ongoing; Greece making a new proposal on debt rescheduling and terms, the other side talking now about waiting for the outcome of the referendum set for this Sunday.
Back story, posted on the weekend:-
On Friday, 26.6.15, the creditors negotiating with the Greek government over its debt repayments put down an offer of a bigger bail-out than earlier sought, but with an adamant demand for rigid austerity measures to be extended in Greece.
The Prime Minister, Alexis Tsipras, returned to Athens for a late-night television address, calling a referendum for this Sunday, 5.7.15 ;one that would test support for his position against the final offer . … Read More »
- June 30th, 2015
- Posted by EU Australia
Three attacks on the one Friday, 26.6.15, have left a familiar dismal aftermath, counting the dead and wondering about the fragile psychology of the assailants. … Read More »
- June 24th, 2015
- Posted by EU Australia
Compromise talks at Brussels have seen the outlines of a deal that should, yet still might not avert the debt payment crisis looming for 30 June – achieving little else than to clarify possible terms of any permanent settlement.
How will it play with the angry, and desperate crowds in Athens, and the citizen-voters or investors in the other European states? Early signs were not so good.
Lee Duffield writes.
… Read More »
- June 24th, 2015
- Posted by EU Australia
Exciting times at the World Cup in Canada, even if Sepp Blatter, “Mister Football” now under a huge dark cloud, might be missing from the stands on Final day.
Among the excitement, the Matildas, from Australia, have also got into the top billing. … Read More »
- June 16th, 2015
- Posted by EU Australia
The new count-down for Greece to make a major debt repayment — €7.2-billion (A$8.5-billion, xe.com, 11.6.15) by the end of the month – looks more serious and final than any before; yet, so did a series of earlier approaches to a deadline … see also, Ambassador comments. … Read More »
