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Economic crisis
Charalambos Tsardanidis, director of the Institute of International Economic Relations
06/07/2015 - GREECE

Greece can only survive within the eurozone, analyst says

The massive support for a 'No' to European debt-restructuring programmes and calls for a "Grexit" and a return to the drachma are unrealistic and will lead to only more misery for the common man, an analyst tells RFI.

In France, 60 per cent of executives responded to a recent survey that they believe unemployment will rise in the coming months
06/07/2015 - FRANCE

French executives brace for impact of Greek crisis on European, French economies

Six out of ten executives in France believe that unemployment will rise in the coming months, according to a survey released Monday which also shows a concern for the consequences of the Greek ...
Supporters of the 'No' vote celebrate their victory in the city centre of Athens, 5 July 2015
06/07/2015 - FRANCE - GREECE

ECB financing for Greece 'cannot be lowered', French finance minister says

Financing provided by the European Central Bank to Greece "cannot be lowered," French finance minister Michel Sapin warned Monday ahead of a meeting by the bank after Greek voters rejected ...
The First Secondary School, Athens, ready for the voters on 5 July 2015
05/07/2015 - Report: Greece - European Union

Fear and defiance in Athens as Greeks vote in historic referendum

Nearly 10 million Greek voters were entitled to vote in Sunday’s historic referendum, which may profoundly alter the relationship between Athens and Brussels.
A Greek woman leaves the polling booth in Athens on Sunday 5 July
05/07/2015 - FRANCE - GReECE

EU should negotiate with Greece if No wins referendum, French minister

Europe should continue to negotiate with Greece even if the No wins in Sunday's referendum, French Economy Minister Emmanuel Macron said as Greeks voted on the terms for their country's debt bailout.

Posters for both camps defaced by opponents in Athens
03/07/2015 - Greece - European Union

Greeks ponder tough choice in historic referendum

Greeks vote on Sunday in a referendum, called by the left-wing Syriza government, on whether they support the EU’s proposed austerity measures – or whether they want to remain in the ...
The Greek flag flies in Athens
02/07/2015 - FRANCE - GREeCE - Germany

Cracks appear in Franco-German unity over Greek crisis

French Finance Minister Michel Sapin on Thursday ruled out a deal with Greece if the Greek people vote no to negotiators' terms in Sunday's referendum, despite President François Hollande's call for an "immediate agreement"

About 20 000 people demonstrated in favour of accepting negotiators' conditions in Athens on Tuesday
01/07/2015 - FRANCE - GREECE

France wants Greece deal before Sunday's referendum

France hopes an agreement can be reached on Greece's debt before Sunday's referendum on acceptance of EU and IMF negotiators proposals for the country's economy, Finance Minister Michel Sapin said on ...
French President François Hollande delivers a statement after holding a council meeting on Greece at the Elysee Palace in Paris, France.
29/06/2015 - France - Greece

French President Hollande says exit from euro would be 'Greece's choice'

French President Francois Hollande says that it is Greece’s choice to stay in the Eurozone and that France's economy is safe from market instability after bailout negotiations failed over the ...
Young people are worst-hit by unemployment in France
25/06/2015 - FRANCE

French unemployment rises again, figures distorted claims minister

French unemployment rose to a new record again in May but, with figures distorted by an exceptional measure by labour exchanges, the government insists that statistics at the end of the year will ...