Greek News
Greece
Greek App Shows Which ATMs Have Cash During Capital Controls
A new mobile app was released on Thursday, informing Greeks which ATMs are convenient to them, if they have available cash at the moment and if they dispense 50 or the now scarce 20 euro bills.
Dimitris Chatzieleftheriou, who developed the...
Greece
OXI to NAI. NAI to OXI. OXI to OXI.
With Greece’s doomsday clock ticking closer and closer to midnight, even the reports that Germany’s acerbic Finance Minister Wolfgang Schaeuble has conceded Greek debt must be restructured cannot eclipse how the brave OXI so quickly dissolved into an anemic NAI....
Economy
Greece's Creditors Give Positive Assessment of New Bailout Request
The European Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF) gave a positive assessment of the Greek government's request to start negotiations on a new bailout, a source close to the matter said on Friday.
The institutions’ assessment...
Australia
Unveiling of New Lemnos Gallipoli Memorial Announced
The Lemnos Gallipoli Commemorative Committee announced today the details for its forthcoming unveiling of Australia's newest Gallipoli memorial - The Lemnos Gallipoli Memorial.
The event will take place at 11:00 am on Saturday, August 8, 2015 - a hundred years to the...
Economy
New Democracy Leader: 'Bring a Deal by Sunday so that Greece Can Stay in the Euro'
Greek main opposition New Democracy leader Evangelos Meimarakis told parliament during the debate on the draft bill for the “Negotiation and Achievement of a Loan Agreement with the European Stability Mechanism (ESM)” that the Greek government has to bring...
Economy
France Seen as Crucial Pacifier in Progress Made Toward Greek Deal
The progress in the Greek deal, despite the fact that Germany was preparing for a Grexit, is seen by analysts as a triumph for France, said an AFP report.
France was the country that called for solidarity and the need...
Economy
BoG Governor: Operation of Greek Banks Will Normalize Once Deal Is Achieved
Bank of Greece (BoG) Governor Yiannis Stournaras expressed optimism on Friday that the operation of banks will normalize in the next few days, as an agreement between Greece and its creditors is imminent, according to a press release by the bank employees’...
Economy
Greeks Fear Bailout Deal Could Threaten Tourism Lifeblood
Amid the sounds of buskers playing Greek folk music, thousands of tourists wander among the ruins of the Acropolis that looms over Athens – walking on the foundations of Western civilization.
Meanwhile, a short boat ride away lie thousands of idyllic islands...
Greece
#SeeYouInGreece: In Debt, Still Alluring
For those who ask us about traveling to Greece, this is our answer to help you make the crucial decision: if not now, then when?
The best way to support Greece is to get your dream vacation bargain and visit the country NOW!
Because......
Business
Gazprom Cancels Pipeline in Turkey
Russian gas company Gazprom decided to cancel the agreement signed with Italian company Saipem for the construction of the first part of a gas pipeline in Turkey, according to statements made by Russian Energy Minister Alexander Novak.
The South Stream Natural Gas...
Greece
Greece's Parliament Approves Greek Bailout Proposal; Now It's in Europe's Hands
The Greek parliament approved on Saturday Greek PM Alexis Tsipras' bailout plan to negotiate a deal with Greece's creditors based on the political party leaders’ agreement draft.
The Greek Prime Minister and Finance Chief Euclid Tsakalotos called the parliament to...
Greek News
John Stamos Enters Rehab
John Stamos has checked himself into a residential program to be treated for substance abuse, People reports.
Last month, police in Beverly Hills stopped the Greek-American actor and tested his BAC after numerous calls came in around 7:45 PM about a possible drunk...
Economy
Russian President: Tsipras Has Not Asked for Financial Assistance
During a press conference in Ufa, Russia for the BRISCS/SCO conference, Russian President Vladimir Putin addressed developments concerning Greece.
Putin argued that Russia does have the financial capabilities to help Greece but repeated that Greek Prime Minister Alexis Tsipras has not asked Russia for financial...
Economy
Institutions Review the Greek Proposals
International Monetary Fund Managing Director Christine Lagarde, European Central Bank President Mario Draghi, European Commission President Jean Claude Juncker and Eurogroup President Jeroen Dijsselbleom held a phone conference on Friday to discuss whether the proposals submitted by the Greek...
Economy
Four ANEL Lawmakers Likely to Vote Against Proposals
Reports have surfaced that during Friday's parliament vote, four Independent Greeks (ANEL) lawmakers will reject the proposals the Greek government submitted to its international creditors on Thursday.
Lawmakers Pavlos Haikalis, Stavroula Ksoulidou, Harisios Katanas and Nikos Mavraganis will reportedly vote...