Greek News

Although Prime Minister Alexis Tsipras urged Greeks to not approve the creditor's bailout agreement terms, the first polls in Greece find that most Greeks favor the deal even if it includes a new memorandum. In a poll conducted by Alco...

Although Greece is hard strapped for cash this is clearly a political decision with profound consequences for the future of the European Union. It is also the right one.

The problem with all this uncertainty is that the various players in the Grexit game fail to understand the serious consequences of not reaching a rational deal.

The Greek Parliament approved the Greek government's proposal for a referendum to be held in Greece on July 5, asking citizens to vote YES/NO on the agreement the country's creditors offered in order to release a much-needed financial aid...

During a heated session at the Greek parliament that is currently voting in order to approve a referendum proposal by the Greek government, Prime Minister Alexis Tsipras slammed the negotiations practice that Greece's creditors followed. Addressing the Greek parliament, Greek PM...

Greece has called for seven referendums over a period of 54 years (1920-1974). According to sansimera.gr, six of the referendums were related to the State while one of them to the approval of the Constitution. Three out of seven referendums were...

Berlin may suffer from around 9 billion euros in lost revenue due to reparations from WWI to Greece, according to a recent report conducted by the Greek General Accounting Office. In the relevant assessment, it is claimed that Greece had anticipated...

Greek Prime Minister Alexis Tsipras' surprise call for a referendum on the outcome of Greece's bailout talks with creditors led anxious Greeks to line up outside banks to withdraw cash from ATMs on Saturday. According to reports, the amount of...

Although Greek Prime Minister Alexis Tsipras has already called for a referendum on whether Greece should accept the creditors' demands, the SYRIZA leader had a different opinion about such a tactic back in October 2011. When Tsipras was asked by Greek journalist Nikos Chatzinikolaou...

Today's Eurogroup has taken dramatic proportions since, according to foreign news agencies, Greece’s place in the Eurozone is now at stake. German newspaper Handelsblatt reported that the Finance Ministers will not accept the Greek bailout program extension. “While long queues...

They did not propose a sustainable agreement, Greek Finance Minister Yanis Varoufakis said in a press conference after Saturday's Eurogroup. Varoufakis noted that the creditors' proposal would not pass in the Parliament, adding that the government does not have a mandate to take...

Whatever decision the Eurogroup takes, the Greek people will still have oxygen next week, they will survive, Greek Prime Minister Alexis Tsipras said in phone contacts with German Chancellor Angela Merkel and French President Francois Hollande on Saturday, according to...

News of the impending referendum has caused alarm for some in Greece. The country’s Central Bank says deposits are now at their lowest level since May 2004. But while there is concern for some, for others there is resignation and...

The finance ministers of the eurozone have rejected a Greek request to extend the deadline of its bailout program until after a planned July 5 referendum. Eurozone officials, said the finance ministers would continue meeting in an informal session without...

Arriving to the meeting, Eurogroup head Jeroen Dijsselbloem told reporters that he was very negatively surprised by Greek government’s decision to call a referendum adding that Athens has closed the door on future talks. In the same line, Germany’s...