Latest News from Greece
Julius says Grexit would be no new Lehman Brothers
Former Bank of England policymaker DeAnne Julius said a Greek exit from the euro area probably wouldn?t mean a financial fallout such as that in the wake of the 2008 collapse of Lehman Brothers Holdings Inc.
?There?s very little risk of a Lehman-type moment? immediately after a Greek exit, Julius said in an interview on Bloomberg Television on Tuesday.
Reports: Greek DM's Thur. meeting with US Sec't of Defense postponed
A scheduled meeting this week in Washington D.C. between US Secretary of Defense Ashton Carter and Greece’s DM, Panos Kammenos, has been postponed, according to reports.
No reason was given for the postponement, according to information first published by the tovima.gr site and the longtime correspondent in the US capital, Mihalis Ignatiou.
May 19 marks annual commemoration of Pontian Genocide
Events are taking place throughout Greece on Tuesday to mark the Pontic Genocide of 1914-1923, when Ottoman and then nationalist Turkish forces slaughtered upwards of 368,000 Christian Pontians in what is modern-day Turkey’s northeast, particularly along the Black Sea coast.
Merkel, Hollande to meet with Tsipras in Riga
Greek PM Alexis Tsipras will be meeting with German Chancellor Angela Merkel and French President Francois Hollande, in Riga, Latvia, during the Summit.
Merkel and Hollande stated that negotiations with Greece must be sped up, during a meeting in Berlin on Tuesday, while the French President underlined that Greece’s place is in the Euro.
Albania’s latest move disputed Greek sovereign borders
Diplomatic and legal sources are speaking of an attempt from Albania to dispute established borders.