Grexit on ice: euro crisis.

AuthorSlade, Stephanie
PositionCitings - Greece - Brief article

FOR MONTHS, Greece has seemed to be on the brink of crashing out of Europe's shared currency union. But countless "final deadlines" have come and gone since January. Each time, negotiators have managed to cobble together enough of an agreement to delay the final judgment without ever actually reconciling their differences.

On June 3o, when Greece became the first developed nation ever to miss a debt payment to the International Monetary Fund, its prospects for remaining in the Eurozone

seemed bleak. Greek Prime MinisterAlexis Tsipras had walked away from talks with the so-called "troika" of creditors, saying the reforms they wanted in exchange for unlocking additional bailout funds were unacceptable. He urged the Greek people to vote the agreement down, and the electorate gleefully complied.

Tsipras...

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