News

9 July 2015

1953 Vintage photo shows Germany receiving debt relief package from foreign creditors

Germany: the main creditor demanding that Greeks be made to pay for past extravagance benefited not so long ago themselves, from more lenient terms than they are now prepared to offer Greece

http://www.nytimes.com/2015/07/08/business/economy/germanys-debt-history-echoed-in-greece.html?action=click&contentCollection=International%20Business&region=Footer&module=WhatsNext&version=WhatsNext&contentID=WhatsNext&configSection=article&isLoggedIn=false&moduleDetail=undefined&pgtype=Multimedia

ATHENS — Germany continued to maintain a hard line with Athens on Monday, just a day after Greek voters decisively rejected a bailout deal from its creditors. But some European countries showed a willingness to soften the push for austerity that has proved so contentious.

http://www.bbc.com/news/world-europe-33456744

http://www.bbc.com/news/world-europe-33439017