Greek News

German Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras spoke on the phone on Monday afternoon to discuss what comes next after Greeks unequivocally turned down a bailout deal on Sunday. The two premiers agreed that Greece will present its...

On Monday afternoon, Greek Prime Minister Alexis Tsipras had a phone call conversation with Russian President Vladimir Putin on Sunday's overwhelming rejection of the international creditors' bailout deal. According to the Kremlin the discussion of the two premiers took place after Greece took the...

The 'no' vote in the Greek referendum complicated things and a new bailout program for Greece cannot be negotiated without a mandate from the Eurogroup, said European Commission Vice-President Valdis Dombrovskis at a daily news conference by the Commission. "The...

On the occasion of Canada Day on July 1, the Embassy of Canada honored 14 individuals who have made important contributions to Canada-Greece relations. Ambassador Robert Peck awarded “Maple Leaf Citations” and a special West Coast aboriginal (Haida) silver-plated...

Greek-Canadian community members watched the referendum results on television, hoping that the Greek people’s celebrations will not turn into a living nightmare. They believe that Greece should stay in the Eurozone because that would not only benefit the country,...

"A dialogue is already open," French Finance Minister Michel Sapin on Monday said in an interview with radio Europe1, adding that it now lies with the Greek Prime Minister Alexis Tsipras to make proposals. "The debate on the debt...

Greek debt held by the European Central Bank cannot be restructured as that would amount to the ECB financing a government, which is explicitly banned by European Union rules, ECB governing council member Christian Noyer said on Monday. According to...

Greece's place in Europe might be determined within the next 48 hours with a barrage of meetings, teleconferences and a Eurozone summit on Tuesday. On Monday there will be a teleconference between European Commission President Jean-Claude Juncker, Eurogroup President Jeroen Dijsselbloem,...

We asked somebody who voted NO in the Greek referendum to explain us his reasoning.

Since the Greek referendum was announced late on Friday, June 26, all eyes turned on Greece and people were on waiting on the edge of their seats for the final outcome. The strong 'No' that sounded across Greece on Sunday...

Although Greece has dived into unparalleled uncertainty after its citizens overwhelmingly rejected the international creditors' proposed bailout package in a referendum on Sunday, British holidaymakers' interest has grown as the country has now become a cheaper option for their summer holidays. Several tourism firms took the initiative...

The resounding "No" in the Greek referendum on Sunday leaves the Greek banking systems and the Greek government in a bind. Without an extension of the ELA (Emergency Liquidity Assistance) by the ECB and despite the stringent capital controls, the...

China is confident that Greece's economy will turn around, after the outcome of Sunday's referendum. Deputy Chinese Foreign Minister Cheng Guoping said that he believes the Greek debt crisis would be "appropriately resolved." According to Reuters, Cheng Guoping said that with...

Following Antonis Samaras's resignation as New Democracy party president after the victory of the NO vote, which Samaras and the party vehemently opposed, questions arise over who will take over the party's reigns. The leadership currently lies in the hands Evangelos Meimarakis, President...

Sunday night was a night of celebration for the majority of Greeks who rushed in the streets waving Greek flags and singing. It was a night of much-needed relief after weeks of painful negotiations, uncertainty and gloom. In the past...