Tuesday, June 16, 2015

Zero Hour Approaches For Greece As Greek Prime Minister Tsipras Attacks The Country's Creditors

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Reuters: Greek PM tears into lenders, euro zone prepares for 'Grexit'

Prime Minister Alexis Tsipras lashed out at Greece's creditors on Tuesday, accusing them of trying to "humiliate" Greeks, as he defied a drumbeat of warnings that Europe is preparing for his country to leave the euro.

The unrepentant address to lawmakers after the collapse of talks with European and IMF lenders at the weekend was the clearest sign yet that the leftist leader has no intention of making a last-minute U-turn and accepting austerity cuts needed to unlock frozen aid and avoid a debt default within two weeks.

Financial markets, for months indifferent to wrangling over releasing billions of euros of aid for Greece, reacted with mounting alarm.

More News On The Greece Debt Crisis

Eurozone braces for Greek exit as Athens threatens to miss IMF payment -- The Guardian
Tsipras Attacks Greece’s Creditors as Pressure Grows on Debts -- NYT
Greece, EU top executive clash on austerity claims; uncertainty keeps markets nervous -- AP
Greeks Brace for More Economic Pain, Bailout Deal or No -- WSJ
Juncker says Greece is 'misleading' voters over Greece -- BBC
Greece defiant; accused of 'breaking all the rules' -- CNBC
Europe Asks if Greece Could Default Without Exiting Euro -- WSJ
Europe’s Default Position on Greece -- WSJ
Greece blames everybody but itself for its economic woes -- Harry Theoharis, The Guardian
What Happens if Greece Misses Payments? -- Matthew Dalton and Gabriele Steinhauser, WSJ
Europe Asks the Impossible of Greece -- Clive Crook, Bloomberg
'It’s going to be bad, whatever happens': Greece on edge as eurozone exit looms -- Jon Henley, The Guardian
Why this week is vital for Greece and the eurozone -- Katie Allen, The Guardian

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