SYRIZA

European markets will be holding their collective breath on Monday as Greece and its creditors attempt to make a last minute deal before the nation defaults on its International Monetary Fund loan on June 30. Greek Prime Minister Alexis Tsipras has submitted a final reform proposal which he...

On Wednesday, the European Central Bank increased its emergency funding for Greek banks to €83 billion from €80.7 billion, as nervous depositors raced to withdraw their funds. The nation has been unable to reach a deal with its creditors over its next installment of bailout funding and with just...

Despite months of negotiations, Greece has been unable to secure its much-needed next installment of bailout funding. The nation has been struggling to stay afloat financially; its loan repayment to the International Monetary Fund came due on Friday, but Athens put the payment off in order to buy...

On Friday, the first of four International Monetary Fund payments totaling €1.5 billion will come due for Athens, making bailout negotiations this week even more tense. After months of back and forth between EU leaders and Greek officials, there has been no progress on an agreement that will...

Over the weekend, Spanish citizens headed to the polls for regional elections, where they voiced their disappointment with the nation's direction under Prime Minister Mariano Rajoy and the Popular Party by casting a large volume of votes for small, upstart parties. The elections sent a powerful...

With many expecting Greece to run out of cash in a matter of weeks, the nation's finance minister Yanis Varoufakis commented that a deal to unlock some of the nation's bailout money was in the cards. On Monday, Varoufakis told Star TV that he expects to come to an agreement with his EU counterparts...

Negotiations between Athens and its creditors continued to drag on this week, despite what most believed would be a bank-breaking loan repayment coming due on Tuesday. Somehow, Greece continued to scrape by without defaulting, despite having what most expect is a nearly empty vault. Comments from...

On Monday, European Central Bank President Mario Draghi touted the benefits of ECB interference at a financial conference in Frankfurt, saying that the bank's stimulus efforts have helped turn the tides of the bloc's stalling economy. Draghi said that the bank's policy shift has...

Although Greece was able to secure its next round of bailout funding at the end of February, the dispute is likely to have a lasting effect throughout Europe, as the region's policymakers work to iron out the details of Greece's economic reforms. This month, EU officials and Greek...

Many breathed a tentative sigh of relief Friday morning after news that European Union policymakers and Greece’s Syriza party have taken steps toward deal making after days of butting heads. Earlier this week, an emergency meeting of the region’s finance ministers suggested that the...

Talks between Greek policymakers and EU officials last week were fruitless as the two sides were unable to come to an agreement regarding the Athens’ bailout terms. Since the Syriza party took office last week, Greece has seen several previous bailout agreements reversed, something the...

The relationship between Syriza party leader and Prime Minister Alexis Tsipras and the EU has gotten off to a rocky start, and markets are responding accordingly. Greek bond yields plummeted this week as traders rushed into a sell-off and the nation’s share markets fell 9.24 percent on...

Despite EU policymakers’ calls for Greece’s new ruling party to stay in-line with its bailout obligations, Syriza party leader and newly sworn in Prime Minister Alexis Tsipras came out of the gate on his second day in office reversing the nation’s budget cuts and calling EU...

After the left-wing Syriza party came into power following Greek elections over the weekend, markets were relatively calm as investors kept their cool with an eye on long-term stability. However, as Syriza leader Alexis Tsipras was sworn in on Monday, eurozone policy makers began their campaign...

Over the weekend, Greek voters elected the radical leftist Syriza party into power. The outcome wreaked havoc on European markets, causing the euro to dip below $1.11 and sending 10-year government bond yields across the bloc tumbling. Many worry that the party’s bold demands will...