EU’S big three warns Greece against referendum ‘no’ vote

EU’S big three warns Greece against referendum ‘no’ vote

Special to WorldTribune.com Germany, France and Italy on June 30 warned Greece that a “no” vote on Sunday’s referendum to accept austerity measures will result in the country’s exit from the eurozone and return to the drachma. As Greeks woke up to the reality of capital controls on June 30 that included a €60 daily […]

Greeks rush to withdraw cash as government admits it can’t make IMF payment

Greeks rush to withdraw cash as government admits it can’t make IMF payment

Special to WorldTribune.com An unprecedented frenzy of bank withdrawals followed the collapse of talks between Greece’s government and its eurozone lenders as officials confirmed the country can’t make a 1.6 billion Euro payment to the International Monetary Fund (IMF) due by June 30 without a re-worked deal. Greece’s top negotiator, Euclid Tsakalotos, told Reuters the […]