Greek News

As Greek Prime Minister Alexis Tsipras announced that Greece will hold a referendum to ask the Greek people if they approve of a bailout deal with the country's creditors, here is a final draft of the creditors proposal for...

Greek Prime Minister Alexis Tsipras announced that Greece will hold a referendum on July 5 to ask the Greek people if they approve of a bailout deal with the country's creditors. In a nationally televised address after midnight Friday in Athens,...

It looked like that Greek Prime Minister Alexis Tsipras considered the snap elections scenario for Greece, as talks with the country's international creditors did not produce an agreement. However, after a cabinet meeting he decided to hold a referendum instead. Greek Media...

Greece and its international creditors are tempting fate by repeatedly testing deadlines over deals to extend the Greek bailout program, U.S. Treasury Secretary Jack Lew said in an interview to Yahoo Finance editor-in-chief Andy Serwer on Friday. “The risk of an accident goes up the...

Greek main opposition New Democracy leader Antonis Samaras criticized on Friday the refusal of EU countries to accept a proposal tabled by European Commission President Jean-Claude Juncker forcing them to take in migrants based on a system of mandatory quotas. “A wrong message...

Saturday will be a crucial day not just for Greece but for Europe as well, European Commission President Jean-Claude Juncker said on Friday during a joint press conference with European Council President Donald Tusk, following the summit meeting in...

WASHINGTON – Congressional Hellenic Caucus Co-chairs Reps. Carolyn B. Maloney (D-NY) and Gus Bilirakis (R-FL) today urged President Obama to support an agreement with Greece that allows for debt repayment and a sensible economic recovery. The Representatives warn that...

In an attempt to assess the future of Greece in case no agreement is reached before June 30, Bloomberg answered five critical questions. If the Greek side and the country’s creditors are not able to reach an agreement over the...

Greek police arrested a 37-year-old man in Kaisariani, Athens, on June 23, who was pretending to be a priest, and receiving large amounts in order to conduct bogus weddings between Greek citizens and foreigners. The "priest" was accused of usurpation...

Greece has rejected creditors’ bailout extension proposal, say gov't sources. In a brief statement from Brussels on Friday, Greek Prime Minister Alexis Tsipras stressed that the European Union's founding principles were not based on blackmail and ultimatums. He said...

The final day of decisions on Greece is Saturday and there will be an agreement, Italy's Prime Minister Matteo Renzi on Friday said exiting the European Council. "We support the efforts of (Prime Minister) Alexis Tsipras and his government to...

Greek Interior Minister Nikos Voutsis on Friday, speaking to private ANT1 TV, said that all possibilities are open in the negotiation. "The outcome largely depends on the way our partners will face the Greek issue," the minister said and...

Greece’s creditors are to propose a five-month bailout program extension and 16.3 billion euros of funding to resolve a standoff with Prime Minister Alexis Tsipras’ government, says a Reuters report. The proposal by Greece’s three creditor institutions -- the International...

Cruel and ruthless traffickers smuggled a 70-year-old disabled woman who could not walk and a special needs person from Turkey to Greece and left them stranded on a rocky cliff, under the sun in the area near the Marathoundas...

Pensioners in Greece receive an average 882 euros per month, 713 euros from basic pension and 169 euros from supplementary pensions, while 12.4 percent live below poverty level, according to Eurostat figures. Average pension in Europe ranges from 250 to 1,500 euros...