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Greek Prime Minister Alexis Tsipras announcing a bailout referendum on the Greek debt deal to take place on 05 July 2015, during a televised speech on the state TV ERT in Athens, Greece, June 27, 2015. EPA/BGNES
Greek Prime Minister Alexis Tsipras announced on Sunday a bank holiday and the introduction of capital controls in the country.
Greek banks will remain closed from Monday in order to avert a financial collapse after the ECB froze emergency loans to the country’s lenders.
This became clear after a meeting of the government’s financial-stability panel on Sunday, daily Kathimerini reports.
Banks are expected to remain closed until at least July 5, when the bailout referendum proposed by PM Tsipras and approved by the parliament is scheduled to take place.
Tsipras has accused the ECB and European partners for trying to obstruct the democratic referendum.
Greeks responded to the proposed referendum by withdrawing money out of banks.
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Revival, the pro-Russian political party in Bulgaria, claims that its international diplomatic efforts have led to tangible results, including a shift in President Rumen Radev’s stance
In response to the political reactions surrounding his proposal for a referendum on Bulgaria's adoption of the euro, President Rumen Radev defended his stance
National Assembly Speaker Natalia Kiselova commented on the proposed referendum on adopting the euro
The European Parliament (EP) has expressed disappointment over Serbia’s lack of progress in advancing EU accession negotiations
The Ploiești Court of Appeal has ruled to annul the decision of the Romanian Constitutional Court, which had previously invalidated the results of last year’s presidential election
Montenegro’s Minister for European Affairs, Majda Gorgević, reaffirmed in an interview with BGNES that Chinese investments do not threaten the country’s EU aspirations
During the "EU Meets the Balkans" forum in Sofia, North Macedonia’s Deputy Foreign Minister Zoran Dimitrovski addressed ongoing concerns surrounding his country's EU accession process
EU Commissioner for Enlargement Marta Kos emphasized that the expansion of the European Union remains one of the top priorities of the current European Commission
Serbian President Aleksandar Vucic has confirmed his intention to attend the Victory Day parade in Moscow on May 9
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