Europe Urges Greece Remain in Eurozone
Athens, Greece — Anxious pensioners swarmed closed bank branches Monday and long lines snaked outside ATMs as Greeks endured the first day of serious controls on their daily economic lives ahead of a referendum that could determine whether the country has to ditch the euro currency and return to the drachma. Greek Prime Minister Alexis Tsipras was defiant, urging voters to reject creditors’ demands, insisting a “No” vote in Sunday’s...
Greece Will Hold Pivotal Vote
Athens, Greece — Greece’s parliament voted early today in favor of Prime Minister Alexis Tsipras’ motion to hold a July 5 referendum on creditor proposals for reforms in exchange for loans, with the country’s future in the eurozone looking increasingly shaky. Tsipras’ surprise call stunned Greece’s international debt negotiators, and the country took a big step closer to falling out of the euro currency union after fellow eurozone...
