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

Jul 13, 2015 07:29 AM EDT

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.

‘Grexit’ Is Fatal To EU, Says EU Executive

Dino Lirios |

Mar 15, 2015 08:56 AM EDT

The European Commission cautioned about a 'catastrophe' to ensue if Greece withdraws from the European Union (EU). Chief Executive Jean-Claude Juncker pressures EU governments to show solidarity in light of this, saying the risks involved have been underestimated.