Send to Kindle
Greek Prime Minister Alexis Tsipras (R) gives an interview to Greece`s state television ERT on Monday night, in Athens, Greece, 29 June 2015. Photo: EPA
Greece submitted on Tuesday a new proposal to its international creditors in a last-ditch attempt to prevent the country from defaulting on its IMF debt payment, which falls due later on Tuesday.
It still remains unclear how the creditors will respond to the latest proposal, which comes several hours before the deadline for making an IMF debt repayment amounting to EUR 1.6 B expires.
The Greek government announced that it made a proposal for a two-year deal with the European Stability Mechanism (ESM) to fully cover its financial needs and with parallel debt restructuring.
The government assured that Greece remained at the negotiating table and would always seek a “viable solution to stay in the euro”, Greek daily Kathimerini reported.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The right-wing party "Revival" (Vazrazhdane) has once again failed in its attempt to initiate a referendum aimed at preserving the Bulgarian lev
The 44th General Assembly of the Union of Road Transport Associations in the Black Sea Economic Cooperation Region (BSEC-URTA) and various major international transport events are currently underway in Tashkent, Uzbekistan
Romania's public debt is nearing the critical threshold of 60% of GDP, as outlined by the Maastricht criteria, further distancing the country from its goal of adopting the euro
Bulgaria has taken on new foreign debt amounting to 3 billion euros and 1.5 billion US dollars
During the first six months following Bulgaria's adoption of the euro, "Bulgarian Posts" will offer free exchange of banknotes and coins from levs to euros at the official exchange rate
In the past 24 hours, Greece has experienced the outbreak of over 20 new fires, despite a recent drop in temperatures
Serbian President Aleksandar Vucic has confirmed the reintroduction of compulsory military service
Serbian President Aleksandar Vucic revealed on Thursday that he had received an invitation from Russian President Vladimir Putin to attend the BRICS summit
Romanian citizens may be able to travel to the US without visas starting next year, according to the country's Foreign Minister
Serbian Deputy Prime Minister Aleksandar Vulin is scheduled to meet with Russian President Vladimir Putin this week
Kosovo police prevented Kosovo Serbs from accessing their workplaces in front of the Mitrovica municipality building
The European Union has issued a stern warning to the Macedonian government regarding the allocation of funds for Corridor 8, stressing that these funds must not be redirected to other projects or transport corridors
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023
