Greek News
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...
Economy
Greek FinMin: We Seek Parliament's Authorization to Negotiate
Addressing lawmakers in the Greek Parliament on Friday night, Greece's Finance Minister Euclid Tsakalotos said the government was seeking Parliament's authorization in order to further strengthen the country's negotiating position, "in the spirit of the political party leaders' agreement."
"Even...
Greece
Greece Men's Football Team Drops in July FIFA Rankings
Greece has slipped another 19 places to claim the 44th spot in the new FIFA rankings of the men’s national football teams released on July 9, 2015.
This is the team's lowest ranking since 2003 when it held the 30th...
Greece
Second Incident Over Food Van on the Island of Lesvos
The fragile situation on the island of Lesvos further escalated on Friday when tensions broke out over some food.
A van that was carrying food to the island’s immigrant and refugee settlement called at Kara- Tepe, located a few miles north...
Economy
Indiegogo Greek Bailout Fund Failed, British Businessman Relaunches the Campaign
People from across the world managed to raise the striking amount of 1,930,000 euros in the one week crowdfunding campaign organized by British businessman Thom Feeney. However, the make-it-orbreak-it campaign aimed to raise 1.6 billion euros failed.
The 29-year old...
Economy
SYRIZA Left Platform Proposes Grexit- Tsipras Urges MP's to Support Proposals
The SYRIZA-ANEL government could soon become another administration in Greece's history that endorses a bailout deal.
Greek Prime Minister Alexis Tsipras has asked for a snap vote in parliament on the proposals set to take place on Friday afternoon.
The proposals that the government...