International creditors decided not to prolong the bailout program for Greece. Recently, Greece has announced its default. The country’s population is in panic and is withdrawing their funds from banks.
Probably, a compromise could be found if not a tweet from the Greek Premier. Alexis Tsipras arranged a date for referendum on the austerity program offered by the creditors. Moreover, he stated that refusal of the program is the only right decision as its implementation would harm the country’s citizens and would not help the economy. Some ministers agree with him.
Irish Minister for Finance Michael Noonan said that the crisis has begun. The eurozone cancelled the bailout program and intends to recommend the European Central Bank to stop financing Greece’s banks. The Greek financial institutions almost ran out of euros and many experts believe that the funds movement monitoring is necessary.
Greek Finance Minister Yanis Varoufakis blames the single system that did not have salvation for Athens. However, German official Wolfgang Schauble points out the prevention of contagion in case of the collapse of Greece’s bank system.
Tsipras wants to know the opinion of his country. This affects the reputation of the eurozone being used to solving issues only by the ministers.
In 2014, a scandalous video that was edited by the German parodists was published. The material included the opinion of Varoufakis who was showing Germany his middle finger. This way, the country starts a new life.
Tsipras wants to know the opinion of his country. This affects the reputation of the eurozone used to solving issues only by the ministers.
In 2014, a scandalous video that was edited by the German parodists was published. The material included the opinion of Varoufakis who was showing Germany his middle finger. This way, the country starts a new life.
