Home' Trinidad and Tobago Guardian : July 7th 2015 Contents ATHENS---Despite triumphing in a popular vote
against austerity, Greece yesterday faced the urgent
need to heal its ties with European creditors and
reach a financial rescue deal that might prevent it
from falling out of the euro---possibly within days.
Prime Minister Alexis Tsipras won big in Sunday s
referendum, in which 60 per cent of Greeks rejected
the economic measures creditors had proposed in
exchange for loans the country needs to remain afloat.
He also received the rare backing of opposition parties
to restart bailout negotiations.
But his bolstered mandate to push for better con-
cessions from creditors hit the hard reality of the
country s deteriorating finances, with the banks facing
the risk of collapse within days unless a rescue deal
In a sign that he hopes to reach a deal as soon as
possible, Tsipras appointed a new mild-mannered
finance minister to lead talks with bailout creditors
and replace Yanis Varoufakis, the hard-talking professor
who clashed regularly with his European counter-
Euclid Tsakalotos, a 55-year-old economist, appears
more willing to reach a compromise with creditors
and will be tested as soon as today, when he will meet
the other 18 eurozone finance ministers in Brussels.
That meeting is meant to seek the basis for a deal
that European leaders, including Tsipras, might discuss
at an emergency summit later in the day. Ahead of
the summit, Tsipras spoke by phone with German
Chancellor Angela Merkel.
Greece s financial situation is getting more difficult
by the day. It had to close the banks last week to
prevent their collapse in the face of a run, and imposed
limits on cash withdrawals and transfers.
Greek banks remained closed yesterday, with only
a few branches opening for pensioners to receive emer-
gency assistance. Louka Katseli, head of the Greek
Bank Association, said she expected banks to remain
closed for at least two more days.
The government is expected to extend the restrictions
on withdrawals after the European Central Bank made
a decision yesterday on cash support for Greek banks.
The ECB has frozen the amount of credit it allows
Greek banks to draw on, even though their cash
requirements are growing as people rush to withdraw
what money they can.
Analysts say that if the ECB keeps the amount of
credit on hold, Greek banks will come under increasing
pressure and the government could have to make the
limits on cash withdrawals even tougher. (AP)
Guardian www.guardian.co.tt Tuesday, July 7, 2015
Breach of Contract/Debt
RAVI R DOLSINGH
Attorney at Law
No. 24 Abercromby Street
Port of Spain
Cell: 780-3772 |Fax: 627-8191
THE REPUBLIC OF TRINIDAD AND TOBAGO:
CV 2015 - 00642
TO: JOHNSTON CONSTRUCTION AND ENGINEERING
56 Central Avenue, Chaguanas, Trinidad W.I.
TAKE NOTICE that SHIRLEY CLASP of 128 Second Street, Barataria
in the Republic of Trinidad and Tobago has commenced legal
proceedings against Johnston Construction and Engineering
Company Limited in the High Court of Justice of Trinidad and Tobago
by Claim Form and Statement of Case filed on the 2nd March, 2015 in
which SHIRLEY CLASP claims:-
(i) Damages for breach of a contract in the sum of Three Hundred
and One Thousand Two Hundred and Fifteen Dollars and Fifty
One cents (TT$301,215.51).
(ii) Further and in the alternative, the sum of Three Hundred and
One Thousand Two Hundred and Fifteen Dollars and Fifty One
cents (TT$301,215.51) being the outstanding monies due and
owing to the Claimant by the Defendant.
(iii) Interest pursuant to s25 of the Supreme Court of Judicature Act
Chap 4:01 at such rate as the Honourable Court may deem just;
(iv) Costs including pre-litigation costs;
(v) Such further and/or other relief as the Court may deem fit.
Acknowledgement of service (appearance) is extended to twenty eight
(28) days from the date of the last advertisement
Note: you may obtain a copy of these proceedings at the office of R.R.
Dolsingh & Co, Attorneys at Law for the Claimant situate at Mansfield
House, 24 Abercromby Street, Port of Spain or may apply to the High
Court, Hall of Justice, Knox Street, Port of Spain for same.
Dated this 11th day of June 2015
After vote win, Greece's
Tsipras looks to rebuild talks
Varoufakis drives his
then Deputy Foreign
riding pillion. The
Tsakalotos, the lead
as the new finance
minister. AP PHOTO
OLD AND NEW
Links Archive July 6th 2015 July 8th 2015 Navigation Previous Page Next Page