News

Greece: cannot meet bailout agreement without deal

A prediction has been released stating that Greece will not be able to make the payment to the IMF on June 5th as previously arranged, without a striking a deal with its TROIKA international lenders, Greece’s parliamentary speaker from the government stated this week.


Syriza win in Greece sparks debate over exit from Eurozone

The left-wing party Syriza won a historic victory in Greece's election yesterday, after challenging the current situation with the EU over plans to renegotiate the country's bailout terms.


Why the Cyprus crisis occurred and how it could have been avoided

According to the researchers from Imperial College (London) and the University of Cyprus, the reason for the economic crash in Cyprus and subsequent bailout was a result of overconfidence from the government, after it had over 35 years of almost continuous and healthy economic growth.