For anyone who does not want to be reduced to a Greece- like situation, these are learning times. Be disciplined in money matters, tighten your belts Greece and its European creditors announced an agreement in Brussels on Monday that aims to resolve the country’s debt crisis and keep it in the eurozone, but that will require further budgetary belt-tightening that Prime Minister Alexis Tsipras could have trouble selling back in Athens. The International Monetary Fund threatened to withdraw support for Greece’s bailout on Tuesday unless European leaders agree to substantial debt relief. The Greek Parliament has scheduled a vote for Wednesday night on whether to approve central elements of the deal.

1. 1- Greece’s Debt Crisis Explained
2 - Greece Defaults on IMF Loan Despite New Push for
Bailout Aid
3- Greece's latest attempt to reach deal with creditors
collapses
4- 18 key facts about Greece
5- Greek PM hints he'll quit if people back bailout offerer

2. Greece’s Debt Crisis Explained
 For anyone who does not want to be reduced to a Greece-
like situation, these are learning times. Be disciplined in
money matters, tighten your belts.
 Greece and its European creditors announced an
agreement in Brussels on Monday that aims to resolve the
country’s debt crisis and keep it in the eurozone, but that
will require further budgetary belt-tightening that Prime
Minister Alexis Tsipras could have trouble selling back in
Athens.

3. Greece Defaults on IMF Loan
Despite New Push for Bailout Aid
 Clash between modern idea of justice, liberty &
equality, and medieval moneylender norms: pay on
time even if u r hungry & suffering, or else u are a
lesser human.
 Greece became the first developed country to default
on the International Monetary Fund, as the rescue
program that has sustained it for five years expired and
its creditors rejected a last-ditch effort to buy more
time

4. Greece's latest attempt to reach
deal with creditors collapses
 Tighten ur seat belts, disturbance ahead. but no reason
to panic till Thursday.
 Exit from eurozone a step closer as EU officials dismiss
Alexis Tsipras’s reforms as incomplete, with talks
halted after less than an hour.
 Last-ditch talks aimed at breaking the impasse
between Athens and its international creditors have
collapsed in acrimony with European Union officials
dismissing Greece’s latest reform package as
incomplete in a step that pushes the country closer to
leaving the eurozone.

5. Greek PM hints he'll quit if
people back bailout offer
 If Greece disembarks from EU boat, it may become
crisis for d boat.
 Alexis Tsipras could quit as Greek prime minister if the
country votes for a bailout proposal he rejected.
 European leaders made clear they could yet save
Greece from economic chaos, but there would need to
be a political earthquake in Athens first.
 "I am telling you that I cannot be a prime minister
under all circumstances."

6. 18 key facts about Greece
 I feel rules will be rewritten if Greece says "no". A big change will sweep thru
the whole global economic system.
Greece is heading toward a major vote Sunday that will both shape the future of
its economy and Europe's monetary union. It is a complicated story, and here at
Wonkblog, we've tried to give you a clear sense of what's going on and what's
next.
But Anil Kashyap of the University of Chicago Booth School of Business has
released an excellent primer of his own that's worth a read. Kashyap wrote the
piece last weekend, before Greece officially defaulted June 29 on a key payment
to the International Monetary Fund, and the situation continues to evolve into
the weekend. In an e-mail, Kashyap notes a few other important developments
since his primer came out, including that some Greek officials have pledged to
resign if Greeks vote Yes on the referendum; that creditors won't negotiate
anymore until after the vote; and that a new IMF debt analysis sheds additional
light on the grave situation facing Greece.

7. About Us – Shridev sharma
 Shridev Sharma is an entrepreneur and Sanskrit
scholar. He has worked in the reality industry for over
two decades and has a finger on the pulse of the Delhi
NCR and national reality scenario. He heads a
construction company based in Delhi NCR.
 Shridev Sharma had his formal education in Sanskrit
and continues to be a student of Vedic studies. He has
a keen interest in the socio-cultural environment and
views it through a framework of the uniquely Indian
paradigm handed over the ages. It enables him to
bring a fresh perspective to the events of the day.