Monday, July 13, 2015

Greek Debt Crisis -- News Updates July 12 - 13, 2015

Tense talks: Eurozone leaders appear to looking at a new bailout figure of between 82 and 86 billion euros

Daily Mail: Marathon talks in bid to save the euro: Leaders hold tense negotiations through the night as Greece prepares to accept a raft of demands to avoid banks meltdown

* Tsipras keen to strike a deal with European creditors tonight
* A Cabinet reshuffle is set to go ahead in Greece if a deal is struck
* A statement is expected to be released soon by European leaders
* A new bailout figure of 82 billion to 86 billion euros has emerged

Eurozone leaders were thrashing out a Greek bailout deal through the early hours on Monday after Athens received an ultimatum to accept harsh reforms or be cast out of the single currency.

Time was running out to get a debt agreement in place after 10 hours of talks in Brussels, with Greece's economy and banking system at risk of imminent collapse.

Greek Debt Crisis -- News Updates July 12 - 13, 2015

The Latest: Opponents of European proposals take to Twitter -- AP
Greece debt crisis live: The list of reforms that Greece must meet if it wants another bailout from Europe -- The Independent
Greece debt crisis: Athens fights against temporary Grexit plan - live -- The Guardian
Greece news live: eurozone split over Grexit ultimatum plan as Greeks says they are being 'crushed' by Brussels -- The Telegraph

Greece faces pressure to back deal or consider leaving euro -- AP
Euro zone argues into the night with Greece on bailout terms -- Reuters
Leaders From Eurozone Work Into Morning on Greek Crisis -- NYT
Greece debt crisis: Leaders try to thrash out deal -- BBC
Euro zone summit on Greece to discuss compromise proposal -- Reuters
European leaders debate Greece rescue through the night -- USA Today
EU powers clash over Greece as euro exit looms -- AFP
Greek Debt Crisis: Germany Flexes Its Muscles in Talks With Bailout Ultimatum -- WSJ
Greece Given 72 Hours to Win Trust by Passing Bailout Laws -- Bloomberg
Eurozone sets tough terms for Greece bailout -- The Australian
Trouble brews on EU doorstep over German plan to shut out Greece -- The Guardian
Bailout or time-out? Athens may be offered 'temporary' Grexit in case of no deal -- RT
Greece offered euro exit as bailout talks drag on -- Al Jazeera
Greece reportedly has no plan in place for a 'Grexit' -- Business Insider
French deny EU report of possible loan for Greece -- Reuters
Greeks are split over latest Tsipras bailout proposals -- Independent
Alexis Tsipras pledged to end austerity. And now he is asked to sign up for more -- Larry Elliott, The Guardian
6 key things to understand about Greece’s crisis and what’s next -- Matt O'Brien, Washington Post
Germany doesn’t want to save Greece. It seems to want to humiliate Greece. -- Matt O'Brien, Washington Post
Why European Leaders Don’t Believe Greece’s Promises to Change -- Simon Shuster, Time

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