Greek News

The Greek government has the urgent task to legislate and start implementing the prior actions required by the bailout program in order to be ready for the first review on November 15. Two packages of unpopular measures need to be...

Greece might need additional measures as 2015 will end with an estimated 0.5 percent primary deficit instead of the required 0.25 percent, says an International Monetary Fund report. According to the recent Fiscal Monitor, an IMF report on international economy, Greece...

Enterprise Greece is organizing Greece’s national participation in the largest International Food Trade Show in the world, Anuga 2015, which will take place in Cologne, Germany from October 10 to 14. Earlier this year it was announced that Greece...

The new SYRIZA-ANEL coalition officially is officially Greece 's new government after the Greek Parliament gave it a confidence vote during the early mornings hours of Thursday. Out of the Greek Parliament's 300 representatives, 155 MPs voted in favor of the new...

Greece's public broadcaster ERT has sent out invitations to the candidates in main opposition New Democracy's leadership race, asking them to take part in a televised debate, according to announcements issued by some of the candidates on Wednesday. Aides of...

 The Bank of Greece announced on Wednesday that the European Central Bank decided on Tuesday to further decrease the cap for Emergency Liquidity Assistance (ELA) to Greek banks from 88.9 billion euros to 87.9 billion euros. "The 1 billion euro reduction in...

French President Francois Hollande and German Chancellor Angela Merkel addressed the European Parliament on Wednesday, with the French President dedicating some of his time to Greece. Hollande argued that during negotiations with Greece for a new bailout program, Europe did not...

The organized crime unit of the Greek police made 12 arrests regarding the case of a large illegal migrant trafficking ring, which managed to bypass security systems even at airports. The criminal group had specialists who would forge passports and...

The film-documentary "Hail Arcadia"  will be coming to Athens and Thessaloniki theatres on October 15th. "Hail Arcadia" previously had a successful premiere at the 18th Annual Thessaloniki Documentary Festival where it was awarded by FIPRESCI for best film. Director Filippos Koutsaftis brings the viewer...

Greek Finance Minister Euclid Tsakalotos, speaking in Parliament, appeared optimistic over the course of the Greek economy. "The estimates for the third quarter are much better," Tsakalotos. The completion of the evaluation, the recapitalization of banks and the issue of...

The extent of the Volkswagen scandal, that has unfolded over the past three weeks with global implications, will be looked into, in Greece, following the decision of the Greek prosecutor. The Greek prosecutor announced that two prosecutors will investigate any potential criminal responsibilities...

Alternate Migration Policy Minister Yiannis Mouzalas called on all democratic parties to offer their cooperation on the refugees issue, on Wednesday. "We will all work together and we will win," he said. Mouzalas noted that Europe has recognised the problem as a...

Time is a scarce resource for the Greek government. Greek government spokesperson Olga Gerovasilli revealed on Wednesday that all the prior actions the Greek parliament must ratify if Greece is to see additional bailout funds will be included in a single piece...

It is early October and Greek people seem to be reliving the days of early February. It is as if the past eight months never happened in Greek politics. Greeks went through an election and a referendum and one...

A European Union court on Wednesday rejected claims by more than 200 Italian investors against the European Central Bank over Greek debt restructuring in 2012, saying their losses were part of normal financial market risk. According to a Reuters report,...