Greek News

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...

The Greek parliament approved a package of tough reforms demanded by the country's creditors in return for a bailout. The latest (3rd) Greek bailout deal: • Wider tax base to increase revenue • Consumer and corporate tax increases • Retirement age raised to...

On Wednesday evening, former Greek Finance Minister and current SYRIZA MP Yanis Varoufakis voted against a bill that turned into law the austerity-filled terms of the new Greek bailout deal Greece and its international creditors had agreed to in Brussels. The...

With the Greek economy in ruins and the Greek banks still closed, the Greek parliament approved the terms of the latest (3rd) Greek bailout deal offered to Geece by its creditors: the European Central Bank (ECB), the European Commission...

Clashes broke out between police and rioters around the Greek Parliament in downtown Athens on Wednesday. Greek lawmakers are now convening in parliament to vote on the provisional bailout deal that would bring more austerity measures and reforms in exchange for...

European Commission President Jean-Claude Juncker will travel to Cyprus this week (Thursday 16 July and Friday 17 July) at the invitation of President Nikos Anastasiades. It will be President Juncker’s first official visit to the island since becoming President of...

"An Olympic Games without founders Greece has never, ever happened – and we want to keep it that way," award-winning sports crowdfunding platform www.pledgesports.org said, urging all fans and believers of the Olympic Games movement to financially support Greece in order to be...

Children in Greece are more likely to develop life-threatening conditions, such as heart disease, type 2 diabetes, and certain types of cancer, because childhood obesity has been seriously exacerbated during the Greek financial crisis. Hellenic Medical Association for Obesity (HMAO) President...

Numerous articles have been published since Greek Prime Minister Alexis Tsipras reached an agreement with creditors, on how the country will be able to pay back its bailout. TIME magazine and the Business Insider explored Greece's options in regards to the country's islands,...

Just a few hours before the Greek Parliament votes on a bailout deal, the French Parliament overwhelmingly endorsed the agreement, showing the country's collective support for the deal. In the lower National Assembly, 412 French lawmakers voted for the deal while...

The work between the technical teams of Greece and creditors will start on Monday in Athens and is expected to last four weeks before the third bailout agreement is signed. The representatives of the European Commission, the European Central Bank (ECB) and...

The Greek bank holiday, which has been in effect since June 29, has been extended until Thursday, July 16, while there was an official announcement regarding the transactions citizens will be allowed to make, as provided by the new legislative...

In anticipation of the decisive vote at the Greek Parliament, the SYRIZA Parliamentary Group convened on Wednesday. The country's governing party is facing one of its most crucial moments since its inception in 2004 with a significant number of lawmakers set to...

“I take on the responsibility of signing a document I don’t believe in.” That was one of the few phrases that Greek Prime Minister Alexis Tsipras said during an interview on Tuesday, which left an impression on some of Germany's biggest media outlets. During...