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11/02/2024 03:25:07 pm

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Greece debt crisis

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'Grexit' Averted as Tsipras and European Leaders Arrive at Consensus

Greece will stay within the Eurozone as a deal has finally been struck with its European creditors on Monday. However, the government of Alexis Tsipras will have to pass tough legislation that many of his countrymen had earlier rejected in a recent referendum.

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Greece Appears Willing to Concede to Creditor's Demand as Country Fails to Repay IMF Loan

Greek Prime Minister Alexis Tsipras has informed his country's creditors of his willingness to agree to most, if not all, their demands as Greece failed to repay its loan to the International Monetary Fund (IMF) due on Tuesday.

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