Greek News

European Commission President Jean-Claude Juncker met with Cypriot President Nicos Anastasiades on Thursday during on an official two-day visit to the island. Juncker said he has a personal friendship with Anastasiades and feels very close to Cyprus. He praised the country for the progress it has made...

The 5th Thessaloniki Biennale of Contemporary Art has promised an entertaining and educative summer to the public, filled with exhibitions in various cultural venues across the northern Greek city. The Biennale opened on June 24 and will continue through the...

Migrants are arriving at the port of Piraeus, Greece, on a nearly daily basis. On Thursday morning, another 200 Syrian migrants and refugees traveled from Greek islands' detention centers to Piraeus and later moved to Omonoia Square in downtown Athens. Most of them...

Germany insists on its refusal to write off part of Greece's debt, despite the fact that the International Monetary Fund (IMF) claims the debt is unsustainable. German Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble say that they would give...

The European Central Bank (ECB) Governing Council decided to raise the Emergency Liquidity Assistance (ELA) to Greek banks by 900 million euros. ECB President Mario Draghi discussed the decision in a press conference following an ECB Governing Council meeting on Thursday. Draghi said...

Greece is on track to begin negotiations on a third bailout package. Finland, one of Greece’s most hardline negotiating partners during the past weekend, authorized its government to engage in negotiations on the European Stability Mechanism (ESM) bailout package for Greece as well...

Tony Papadimitriou, a 35-year-old Greek-Australian from Preston, Victoria, was arrested for the murder of his 68-year-old neighbor Donato Galgano. Papadimitriou appeared at the Melbourne Magistrates' Court on Saturday morning, July 11, and did not apply for bail. He was ordered...

Greek Interior Minister Nikos Voutsis said it is very possible there will be snap elections in Greece in September or October. "If not in September, then in October. Elections are very likely, but this will depend on developments from now on,"...

European Commission President Jean-Claude Juncker and UN Special Advisor on Cyprus Espen Barth Eide discussed the progress in the UN-led talks for a Cyprus settlement. The two met during breakfast, ahead of Juncker's meetings on the island on the first...

They called it deal, agreement, treaty, honest compromise, bailout. They dressed it up with fancy words like “social justice,” “fair taxation,” “growth prospect,” “debt haircut.” What they never called it was what it truly was: a Memorandum of Understanding....

The European Financial Stabilisation Mechanism (EFSM) has granted Greece an emergency seven billion euro loan to cover its financial needs for the next three months, according to reports. Euro Area said to agree in principle to €7bn #Greece bridge loan....

German Finance Minister Wolfgang Schaeuble admitted that the austerity package approval by the Greek Parliament is an important step that would lead to further negotiations. He stressed that the new bailout deal will be even tougher than before, while he...

Greece's drug agency EOF announced on Wednesday a temporary ban on the export of dozens of pharmaceuticals to the EU and other countries in order to avert a possible shortage caused by capital controls. "As an emergency measure to protect...

European Stability Mechanism (ESM) head Klaus Regling has warned of a collapse in the Greek banking system if the country does not secure a third bailout, saying this would have consequences for the entire Eurozone. "If everything fails, then the Greek...

A German Political Science lecturer at Harvard University, who has also been a Social Democratic Party (SPD) member since he was 13, has decided to resign. SPD’s Yascha Mounk, became known in Germany due to a letter he sent to SPD chairman...