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Greek Debt Crisis: Government rejects draft proposals, referendum to be held on July 5

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By NewsGram Staff Writer

The European Union (EU) on Sunday afternoon released the latest draft proposals offered to Greece but were later rejected by the Greek government, following Greek parliament’s approval of a referendum on them to be held next week.

“In the interest of transparency and for the information of the Greek people, the European Commission is publishing the latest proposals agreed among the three institutions,” EU’s executive body European Commission said in a statement.

The proposals have taken into account the Greek authorities’ proposals of June 8, 14, 22 and 25, as well as talks at political and technical level throughout the week, Xinhua reported citing the statement.

The proposals were provided to the Greek government on Friday, but the government “unilaterally” ended talks, according to the statement.

Late Friday night, Greek Prime Minister Alexis Tripras called the proposals “blackmail” and vowed a refusal to the austerity measures. He called for a popular vote on the proposals on July 5.

On Saturday, the Eurogroup financial ministers held an emergency meeting but the Greek Financial Minister Yanis Varoufakis decided to leave midway. The other 18 ministers later accused Athens of breaking off negotiations and giving negative response to the proposals.

It was not the institutions but the Greek government that walked away from talks, Eurogroup President Jeroen Dijsselbloem said on Saturday.

The group also rejected Greece’s request for an extension for July’s referendum, saying “the current financial assistance arrangement with Greece will expire on June 30”.

The Greek parliament approved the referendum in Athens late Saturday night.

The draft proposals outlined measures the creditors have urged Greece to adopt on– among others– fiscal policy, reform on pension, tax and value-added tax.

 

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Facebook introduces new privacy updates for EU users

The EU GDPR has been designed to harmonise data privacy laws across Europe -- to protect and empower all EU citizens' data

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Facebook. Pixabay

Continuing with its efforts to protect users’ privacy after the Cambridge Analytica scandal, Facebook on Wednesday introduced new privacy updates for its users in Europe as part of the EU’s General Data Protection Regulation (GDPR) that will be effective from May 25.

Apart from seeking inputs from regulators and government officials, privacy experts and designers, Facebook brought together hundreds of employees across product, engineering, legal, policy, design and research teams to finalise new updates.

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Facebook was accused of leaking data to Cambridge Analytica earlier this year.

When it comes to ads based on data from partners, like websites and apps that use business tools such as Like button, Facebook will now ask people to review information about this type of advertising and to choose whether or not they want us to use data from partners to show them ads.

“If you’ve chosen to share political, religious and relationship information on your profile, we’ll ask you to choose whether to continue sharing and letting us use this information,” Erin Egan, Vice President and Chief Privacy Officer, Policy at Facebook said in a blog post. “Including this information on your profile is completely optional. We’re making it easier for people to delete it if they no longer want to share it,” added Ashlie Beringer, VP and Deputy General Counsel. Regarding the face recognition technology, Facebook is now giving people in the EU and Canada the choice to turn on face recognition.

Also Read: New algorithm may help locate fake Facebook and Twitter accounts

“Using face recognition is entirely optional for anyone on Facebook,” the post added. “While the substance of our data policy is the same globally, people in the EU will see specific details relevant only to people who live there, like how to contact our Data Protection Officer under GDPR,” Faceboom said.

“As part of our phased approach, people in the rest of the world will be asked to make their choices on a slightly later schedule,” the company added. The EU has asked businesses and service providers globally to comply with GDPR that comes into force from May 25 this year.

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Facebook’s CEO also vowed to fight fake news. Pixabay

The EU GDPR has been designed to harmonise data privacy laws across Europe — to protect and empower all EU citizens’ data privacy and to reshape the way organisations across the region approach data privacy. After four years of debate, the GDPR was finally approved by the EU Parliament on April 14, 2016. Organisations that fail to comply with the new regulation will face hefty fines. IANS

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