Greek debt crisis: ECB will maintain ELA emergency loan support to Greek banks June 28, 2015 The European Central Bank (ECB) will keep supplying Greece with emergency loans to keep the country's banks running after Greek PM Alexis Tsipras called a surprise referendum on its latest bailout deal. “We continue to work closely with the Bank of Greece and we strongly endorse the commitment of Member States in pledging to take [...]
Greek debt crisis: Gretigue? Alexis Tsipras vents on Twitter as bailout referendum and ECB decision looms June 28, 2015 Maybe he's a bit tired and emotional as his country teeters on the edge of default – and let's face it, everyone else trying to keep up with developments in Greece certainly is, in what's been dubbed "Gretigue" – but Greek PM Alexis Tsipras has vented his frustrations in a hashtag fueled tirade against Europe's [...]
Greece rejects bailout extension proposals as Juncker takes positive stance on deal June 26, 2015 Greece has rejected proposals for a five-month extension to its bailout deal – as European President Jean-Claude Juncker took an optimistic stance on the chances of the country reaching a deal with its creditors this weekend. Read more: Has the IMF compromised its credibility over Greece's bailouts? At a press conference following two days of [...]
David Cameron calls meeting of government emergency Cobra committee after terror attacks in France, Tunisia and Kuwait June 26, 2015 Prime Minister David Cameron has called a meeting of the emergency Cobra committee this afternoon, after terror attacks rocked France, Kuwait and Tunisia, leaving more than 40 people dead. Read more: French beheading suspect named In one attack on a factory in St-Quentin-Fallavier in France, a decapitated body was left in a gas canister factory [...]
Leaked document shows David Cameron wants to keep Britain in the EU by highlighting “risky” impact of UK exit June 26, 2015 A leaked note from a private meeting with a European leader has revealed the Prime Minister’s modest demands to secure agreement from fellow EU leaders, along with his desire to keep Britain in the EU. The document of the PM’s private conversation with a fellow leader shows that Cameron has set himself the “firm aim” [...]
French interior minister names possible suspect as man is decapitated in suspected Islamist terror attack on St-Quentin-Fallavier factory outside Grenoble June 26, 2015 The French interior minister has named the possible suspect behind an terror attack on a factory in L'Isle-d'Abeau, on the outskirts of St-Quentin-Fallavier, near Grenoble in south east France, as reports emerged that a second person had been arrested over the attack. Bernard Cazeneuve said that while his identity had not yet been confirmed, it was [...]
Tesco AGM: Lewis grilled over pay, performance and strategy but all resolutions passed June 26, 2015 Tesco bosses faced a grilling by shareholders today, fending off complaints about customer service, overall strategy and – of course – pay. But by the end of the AGM it was clear the supermarket's shareholders weren't revolting – at least not as much as some thought they might be. All of Tesco's resolutions, at least [...]
EU commissioner Günther Oettinger: Grexit “unavoidable” without a deal in next five days June 26, 2015 You could be forgiven for becoming increasingly sceptical about Greece's understanding of the word deadline but that's not stopping the EU from issuing another ultimatum. This time it's Germany's EU commissioner Günther Oettinger who has said Prime Minister Alexis Tsipras and team have five days to come up with a workable solution to avoid [...]
Prime Minister David Cameron is “delighted” with the way EU renegotiations are going so far June 26, 2015 Prime Minister David Cameron is said to be “delighted” with the way EU renegotiation talks are going, following a two-day summit for all member states in Brussels. Read more: EU referendum greater risk to London's property market than General Election Having made a 10-minute pitch to fellow EU leaders, he said the process of [...]
Tough crowd for Cameron at EU summit June 25, 2015 Prime Minister David Cameron faced a difficult audience in Brussels late last night amid tense discussions about a looming Greek default and the escalating migrant crisis in the Mediterranean. Cameron was due to make his case for EU reform over dinner at the European Council, a two-day summit of heads of government from all 28 EU [...]