Page-4 of Greece Current Affairs, GK & News

Greek PM Alexis Tsipras resigns

Greek Prime Minister Alexis Tsipras has announced his resignation in a televised address to the debt ridden nation which is centre of Eurozone crisis. He has submitted his resignation to President Prokopis Pavlopoulos and called for snap elections as early as possible. Mr. Tsipras resigned in order to defend the country’s massive new 86 billion ..

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Greece agrees bailout deal 'in principle' with its creditors

Greece has agreed a new in principle multi-billion euro bailout deal with its creditors. It was announced by the European Commission (EC) after series of marathon talks between Greece and its lenders in Athens. In this regard a technical agreement has been reached between the EC and Greece. The agreement will now require political approval ..

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Greece becomes first developed nation to default IMF debt

Greece has become the first developed nation to default on International Monetary Fund (IMF) debt. It has defaulted on a 1.7 billion dollars payment to IMF. The deadline for debt payment was missed by Greece after Eurozone Finance Ministers refused to extend its bailout. They had refused the bailout after Greece rejected the proposal given ..

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Greek Parliament elects Zoe Konstantopoulou as its new President

Greek Parliament has elected Zoe Konstantopoulou, a member of the left wing party Syriza as its new President. She was elected after receiving a record number of 235 of 300 deputies’ votes in the Parliament. With this win, she has the record of more votes a President of parliament received after the restoration of democracy in Greece ..

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Anti-austerity Syriza party wins Greece's general elections

In Greece, anti-austerity Syriza party has won general election. In this election Syriza party has won about half the seats in Parliament. While the earlier ruling government led by outgoing Prime Minister Antonis Samaras of centre-right New Democracy party has been placed second. Syriza party It was formed in 2004 as an umbrella group. Syriza- ..

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