BBC News Report July 2015 (transcript video)

Greek finance minister resigns after ‘no’ vote

06 Jul 2015

Within hours after the people of Greece voted against the terms of a financial bailout, the country’s combative finance minister, Yanis Varoufakis, has resigned.

He said he’d been made aware that some Eurozone members didn’t want him at ministerial meetings and, because of that, the Greek Prime Minister, Alexi Tsipras, felt his resignation would help secure a new deal.

Eurozone ministers have been giving their reaction to the Greek vote. The German economy minister, Sigmar Gabriel, accused the government in Athens of leading the Greek people down a path of abandonment and hopelessness. The French finance minister, Michel Sapin, called on the Greek government to make new proposals for a deal with creditors.

Chancellor Merkel of Germany will meet the French president, Francois Hollande, later today to discuss the crisis, and there’ll be a summit of Eurozone leaders on Tuesday.

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Third Greek bailout

13 Jul 2015

Eurozone leaders have agreed unanimously to offer Greece a third bailout deal after a marathon summit in Brussels.

The European Council president Donald Tusk said everything was now ready for serious reform and financial support for Greece. Athens will have to implement tax rises, pension cuts, changes to labour laws and have a dedicated debt repayment fund. In return, a bailout of up to USbn will be available over the next three years.

The Greek Prime Minister, Alexi Tsipras, said Greece had fought a good fight to the end but now face difficult decisions.

Who will lead world football?

20 Jul 2015

The head of world football’s governing body Fifa has held talks with senior officials ahead of a planned meeting on Monday, at which a date is expected to be set for a leadership election.

Sepp Blatter announced last month that he would step down weeks after the dramatic arrests in Zurich in early May of senior members of the organisation.

Turkish PM: No plans to send troops to Syria

27 Jul 2015

The Turkish prime minister has ruled out the deployment of ground forces in Syria to fight Islamic State militants. Ahmet Davutoglu said last week’s decision to launch air strikes against IS positions could “change the game”, as he put it.

Mr Davutoglu said that Ankara was prepared to work with Syrian Kurdish forces, provided they posed no threat to Turkey. However one Kurdish group in Syria – the Kurdish Protection Units – says Turkish tanks have shelled a village it controls close to the border.

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bailout – help or a loan that is given when someone is in a very difficult situation
resigned – officially stopped doing his job
abandonment – being left alone
summit – an important meeting
unanimously – agreed and supported by everyone
marathon – (here) lasting for a long time
reform – change (to improve the situation)
implement – put in place
governing body – the group of people who control an organisation
step down – leave an important position in an organisation
ruled out – decided that something will not happen
deployment – movement of soldiers to a particular place
ground forces – soldiers who fight on land, not in the air or at sea
posed no threat – created no danger
shelled – bombed

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