What's this? This is an unbiased just-the-facts news timeline ('newsline') about Greek Debt Crisis, created by Newslines contributors. Help it grow by finding and summarising news. Learn more

Greek Debt Crisis

Greek Debt Crisis2 posts
23 Jul, 2015

Passes final reforms

Makes Statement

Parliament overwhelmingly approves new reforms centered around creditor-demanded debt. These reforms to the judiciary and banking systems were the last ones Greece was obligated to solve before being able to begin talks with creditors on a third bailout agreement. Without the new bailout money worth around $93 billion Greece could wind up financially ruined. Prime Minister Tsipras:

We have chosen a compromise that forces us to implement a program in which we do not believe, and we will implement it because the alternatives are tough. We are summoned today to legislate under a state of emergency.

30 Jun, 2015

Pensioners overwhelm banks

Due to a nationwide banking shutdown, thousands of elderly Greek pensioners line up at the nation’s banks, trying to draw their pensions. Pensioners can only withdraw a maximum of 120 euros from 1000 banks that the governement has allowed to open. Retirees, whom many perceive as the most vulnerable in Greek society, cannot afford medicines and daily necessities. Pensioner:

I took the money out. I know that this is not enough, but that’s what I could take and so I took it…I lived during the Occupation, I experienced hardship and I think we will overcome this moment.

What's this? This is an unbiased just-the-facts news timeline ('newsline') about Greek Debt Crisis, created by Newslines contributors. Make it grow it by finding and summarising news. Learn more