EUObserver: Bulgarian Lev Makes Inroads in Greece
Hotels and restaurants in Greece have started taking payments in the Bulgarian currency lev (BGN) amid a bank holiday and in view of a Grexit scenario, Brussels-based EUObserver reports.
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World » Southeast Europe
Greece Bailout Referendum: 'Yes' Campaign Picks Up Pace
Preparation of last rival rallies is underway ahead of the referendum Greece is due to hold Sunday on bailout conditions proposed by international lenders.
Bulgaria’s President Begins One-Day Working Visit to Bosnia and Herzegovina
Bulgarian President Rosen Plevneliev will pay a one-day working visit to Bosnia and Herzegovina on July 3.
Result of July 5 Referendum in Greece Too Close to Call – Poll
With less than 72 hours left to Sunday’s bailout referendum in Greece, a poll suggests that the majority of Greeks would support the creditors’ proposals for comprehensive structural reforms in return for fresh bailout money.
Defiant Tsipras Urges Greeks to Vote ‘No’ in Bailout Referendum
Prime Minister Alexis Tsipras on Wednesday called on Greeks to vote ‘No’ in Sunday’s referendum on the conditions of bailout assistance proposed by international creditors.
Fitch Downgrades Greece to ‘CC’
Fitch Ratings has downgraded Greece's long-term foreign and local currency Issuer Default Ratings by one notch to 'CC' from 'CCC'.
Tsipras 'Ready to Accept' Lenders' Conditions
Greek Prime Minister Alexis Tsipras has reportedly said his country is prepared to accept conditions offered by lenders with only a few changes, the FT claims.
Greece 'Has Plan B' if Europe Refuses New Bailout
Athens has drafted a "Plan B" in case the Eurozone turns down the latest bailout request of PM Alexis Tsipras, Greek Energy Minister Panagiotis Lafazanis has said.
Greece to Submit New Bailout Proposal after Missing IMF Payment Deadline
Greece missed early on Wednesday local time its deadline to pay a EUR 1.6 B loan installment to the International Monetary Fund (IMF).
Greece 'to Make New Proposal Wednesday'
Greece will table a new proposal about its debt on Wednesday, German daily FAZ quotes Eurogroup Jeroen Dijsselbloem as saying.
Latest EU-Facilitated Serbia-Kosovo Dialogue Fails to Reach Agreement
The latest EU-facilitated dialogue between Serbia and Kosovo failed to reach agreement between the two sides.
Greek Government Submits New Proposal to Creditors in Attempt to Avert Default
Greece submitted on Tuesday a new proposal to its international creditors in a last attempt to avert the country from defaulting on its IMF payment, which falls due later on Tuesday.
Serbia Offers to Sell Tanjug News Agency for EUR 760,935
Serbia’s Privatization Agency has announced a call for bids for 38 state-owned media outlets, including the Tanjug news agency.
Varoufakis Confirms Greece Unable to Make IMF Debt Payment
Greek Finance Minister Yanis Varoufakis confirmed that the country will not make its debt repayment to the IMF, which falls due later on Tuesday.
Reuters: Banks in Greece’s Balkan Neighbours Operating as Usual
Greek-owned banks in the Balkans region were open on Monday, paying out cash and issuing loans -- in contrast to Greece, where a bank holiday and capital controls went into force, Reuters reported.
Macedonia Forces Its Banks to Withdraw Greece Deposits
Macedonia's central bank on Sunday demanded that all banks in the country withdraw their deposits held at Greek lenders, local media say.
EU's Moscovici Says New Proposal to Greece 'Due Monday'
Greece will receive a new bailout proposal from the EU Commission later on Monday, AFP says, citing Economic Commissioner Pierre Moscovici.
Greek Government Assures Foreign Tourists Will be Able to Withdraw Cash
The Greek government assured that foreign tourists staying in the country will be able to withdraw money and make transactions if in possession of a credit card issued in their home country.
Greece Introduces Capital Controls, Banks to Close from Monday
Greek Prime Minister Alexis Tsipras announced on Sunday a bank holiday and the introduction of capital controls in the country.
Greek Parliament Approves Holding of Bailout Referendum on July 5
The Greek Parliament approved on Sunday the holding of a bailout referendum on July 5, which had been proposed by Prime Minister Alexis Tsipras on Saturday.
Greece 'Decided to End Negotiations,' German FinMin Says
Mounting tensions have marked the outset of a new Eurogroup meeting after Greek PM Alexis Tsipras said Athens will hold a referendum on lenders' latest bailout proposals.
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