Alexis Tsipras

Alexis Tsipras ties the Gordian Knot

Alexis Tsipras has pulled off, what many thought, to be impossible: he has passed those necessary legislations as demanded by his creditors. He has saved Greece from the brink of bankruptcy. The ball is now on the Eurozone’s finance ministers who have now to keep their part of the deal.

What is Alexis Tsipras strategy so as to extract maximum mileage out of the Greek Financial Crisis?

While Alexis Tsipras and his finance minister turned up at an emergency meeting without any written proposals for reform, a senior EU official thinks that this is probably a strategy to gauge the mood of its creditors. On his part Tsipras seemed pretty clear: although he knows reforms will invariably be painful, for which he needs to move fast, so as to stop any possible revolt against it.

Greek Drama Continues

The Greek obligation emergency is at a noteworthy defining moment and could soon get the nation into an irreversible emergency while making a mark in the tackle of the euro zone, with conceivable further results for other part states. Yet the two sides appear to have come close and just a couple of billion euro remain between the bundle proposed by the EU side in Brussels, and the option rundown of measures presented by Greece.