Alexis Tsipras

The Prime Minister's Office in Athens on Tuesday sent a two-page letter to the heads of the European Commission, European Central Bank and International Monetary Fund. Various media reports, including the Financial Times noted that the letter implies the Greek government will accept most of...

With every passing minute, the Greece debt crisis seems to take a new turn. According to latest reports, the Greek government is seeking a last-minute deal from the eurozone. However, according to Bruce Richards, CEO of Marathon Asset Management, regardless of what happens, Greek Prime Minister...

Wilbur Ross, chairman and CEO of WL Ross Holding Corp (NASDAQ: WLRHU) is regarded as a maverick when it comes to restructuring failed companies. But how do you restructure a failing government? Ross was on CNBC Monday to discuss the Greece debt crisis and whether the government can prevent a...

In a report published Sunday, a team of UK-based analysts at Barclays discussed Greek Prime Minister Alexis Tsipras' referendum call to be held on July 5. Tsipras' referendum will ask the Greek population if they accept the latest proposal presented by the Institutions while the...

Financial market participants the world over have long been fearing the consequences that could arise from a Greek default. With the debt to GDP ratio of the country currently hovering at 180 percent, the fears are not unwarranted. According to Bruce Richards, co-managing partner and CEO of...

After Greek Prime Minster Alexis Tsipras submitted his final reform proposal to the EU in order to unlock the nation's next installment of bailout funding, many breathed a sigh of relief hoping that the proposal would end the ongoing debt negotiations once and for all. However, not everyone...

Could there finally be a light at the end of the tunnel? Signs are pointing toward the increasing likelihood of a deal between Greece and its eurozone creditors. Greek Prime Minister Alexis Tsipras met with the heads of the Troika – the European Commission, European Central Bank and...

The Associated Press reported Friday morning that Russia was actively considering extending financial aid to Greece. "If the Greeks ask for a loan then we will consider it, but they have not yet asked," Russian President Vladimir Putin's spokesperson, Dmitry Peskov, told the AP...

European markets will be holding their collective breath on Monday as Greece and its creditors attempt to make a last minute deal before the nation defaults on its International Monetary Fund loan on June 30. Greek Prime Minister Alexis Tsipras has submitted a final reform proposal which he...

On Wednesday, the European Central Bank increased its emergency funding for Greek banks to €83 billion from €80.7 billion, as nervous depositors raced to withdraw their funds. The nation has been unable to reach a deal with its creditors over its next installment of bailout funding and with just...

Despite months of negotiations, Greece has been unable to secure its much-needed next installment of bailout funding. The nation has been struggling to stay afloat financially; its loan repayment to the International Monetary Fund came due on Friday, but Athens put the payment off in order to buy...

On Friday, the first of four International Monetary Fund payments totaling €1.5 billion will come due for Athens, making bailout negotiations this week even more tense. After months of back and forth between EU leaders and Greek officials, there has been no progress on an agreement that will...

Over the weekend, Spanish citizens headed to the polls for regional elections, where they voiced their disappointment with the nation's direction under Prime Minister Mariano Rajoy and the Popular Party by casting a large volume of votes for small, upstart parties. The elections sent a powerful...

Greek Finance Minister Yanis Varoufakis has been slammed in the media for months as debt negotiations between Athens and the EU drag on without a resolution in sight. After being accused of breaking his peers' trust by recording confidential meetings, Varoufakis spoke out on his personal blog. EU...