Greece Crisis

Shridev

Sharma

1- Greeces Debt Crisis Explained

2 - Greece Defaults on IMF Loan Despite New Push for
Bailout Aid
3- Greece's latest attempt to reach deal with creditors
collapses
4- 18 key facts about Greece
5- Greek PM hints he'll quit if people back bailout offer
er

Greeces Debt Crisis Explained

For anyone who does not want to be reduced to a Greece-

like situation, these are learning times. Be disciplined in

money matters, tighten your belts.
Greece and its European creditors announced an

agreement in Brussels on Monday that aims to resolve the

countrys debt crisis and keep it in the eurozone, but that
will require further budgetary belt-tightening that Prime
Minister Alexis Tsipras could have trouble selling back in
Athens.

Greece Defaults on IMF Loan

Despite New Push for Bailout Aid
Clash between modern idea of justice, liberty

& equality, and medieval moneylender norms:

pay on time even if u r hungry & suffering, or
else u are a lesser human.
Greece became the first developed country to
default on the International Monetary Fund, as
the rescue program that has sustained it for
five years expired and its creditors rejected a
last-ditch effort to buy more time

Greece's latest attempt to reach deal with

creditors collapses
Tighten ur seat belts, disturbance ahead. but no

reason to panic till Thursday.

Exit from eurozone a step closer as EU officials
dismiss Alexis Tsiprass reforms as incomplete,
with talks halted after less than an hour.
Last-ditch talks aimed at breaking the impasse

between Athens and its international creditors

have collapsed in acrimony with European Union
officials dismissing Greeces latest reform
package as incomplete in a step that pushes the
country closer to leaving the eurozone.

Greek PM hints he'll quit

if people back bailout
offer
If Greece disembarks from EU boat, it may

become crisis for d boat.

Alexis Tsipras could quit as Greek prime
minister if the country votes for a bailout
proposal he rejected.
European leaders made clear they could yet
save Greece from economic chaos, but there
would need to be a political earthquake in
Athens first.
"I am telling you that I cannot be a prime
minister under all circumstances."

18 key facts about Greece

I feel rules will be rewritten if Greece says "no". A big change will

sweep thru
the whole global economic system.
Greece is heading toward a major vote Sunday that will both shape
the future of its economy and Europe's monetary union. It is a
complicated story, and here at Wonkblog, we've tried to give you a
clear sense of what's going on and what's next.
But Anil Kashyap of the University of Chicago Booth School of
Business has released an excellent primer of his own that's worth
a read. Kashyap wrote the piece last weekend, before Greece
officially defaulted June 29 on a key payment to the International
Monetary Fund, and the situation continues to evolve into the
weekend. In an e-mail, Kashyap notes a few other important
developments since his primer came out, including that some
Greek officials have pledged to resign if Greeks vote Yes on the
referendum; that creditors won't negotiate anymore until after the

About Us

Shridev sharma

Shridev Sharmais an entrepreneur and Sanskrit

scholar. He has worked in the reality industry for over

two decades and has a finger on the pulse of the
Delhi NCR and national reality scenario. He heads a
construction company based in Delhi NCR.
Shridev Sharmahad his formal education in
Sanskrit and continues to be a student of Vedic
studies. He has a keen interest in the socio-cultural
environment and views it through a framework of the
uniquely Indian paradigm handed over the ages. It
enables him to bring a fresh perspective to the
events of the day.