Greek News

Michalis Psalidopoulos was appointed as Greece's new representative at the International Monetary Fund (IMF), the Finance ministry said on Wednesday. Psalidopoulos is the president of the Center of Planning and Economic Research (KEPE) and Professor of Economics at the Athens...

The document which was submitted officially by the institutions to Greek Prime Minister Alexis Tsipras last Wednesday included a VAT increase in electricity and medicines, a cut in supplementary pensions and an increase in revenues from VAT, the government...

An agreement with creditors is absolutely necessary in order for Greece to avoid bankruptcy and poverty and move towards growth, says the report written by Bank of Greece Governor Yiannis Stournaras. "Failure in negotiations will be the beginning of a...

While the whole world has turned its attention to the political and economic development revolving around the Greek crisis, the UK government took a step further and developed an emergency plan to help British tourists travelling to Greece, in...

Greek journalists attended seminars funded by the International Monetary Fund in order to present its positions favorably, said Greece's former representative to the IMF Panagiotis Roumeliotis. Roumeliotis testified on Tuesday in front of the special parliamentary committee on the Greek...

Greek Finance Minister Yanis Varoufakis will meet with the Organization for Economic Co-operation and Development (OECD) Secretary General, Angel Gurria, in Paris on Wednesday afternoon, Greece's Finance Ministry announced. Varoufakis and Gurria will discuss a wide range of issues that include reforms in retail,...

Greek Prime Minister Alexis Tsipras had a telephone conversation with U.S. Treasury Secretary Jack Lew on Tuesday evening, during which he briefed him on developments regarding the ongoing negotiations. According to government sources, Greece “expressed its intention to bridge the differences between...

Cypriot President Nicos Anastasiades said today that Cyprus expects Turkey to demonstrate genuine political will and negotiate in good faith for a political settlement to reunite the island. “We do hope and expect that Turkey, whose military still occupies the northern...

European Commission President Jean-Claude Juncker expressed his anger toward the Greek government on Tuesday, accusing it of misstating his proposals on the ongoing debt negotiations in an effort to mislead Greek voters. "I don't care about the Greek government, I do care about the Greek...

A Greek delegation intends to sign a political Russia-Greece agreement on the support of a pipeline with Russian gas on the territory of Greece during the St. Petersburg International Economic Forum, Greek Energy Minister Panagiotis Lafazanis said. Greek Prime Minister Alexis Tsipras...

"Unfortunately, there is nothing new to report on the Greek debt talks," German Chancellor Angela Merkel told reporters at a news conference after meeting with Luxembourg Prime Minister Xavier Bettel. Merkel also expressed her will to do all she can in order...

Greece's nature may suffer innumerable disasters this summer season, since the country's Fire Department is not operating properly. According to Greek newspaper "Ta Nea," several fire trucks are currently immobilized because they are lacking tires and spare parts. Furthermore, aircraft are all...

"The practice of yoga has no place in the lives of Christians," was the announcement made by the Holy Synod of the Church of Greece in response to the International Day of Yoga, which was established by the United Nations...

Back in 2005, nobody in the world knew the meaning of the word "Grexit." But in the following years, the word entered the lives of Greeks and Europeans, who began to wonder what it really meant. The global interest was not...

"Happiness" is considered to be a simple word by some. It almost seems they know it too well to think about it. But is it really possible for everyone to feel it? Sergiu George from international moving site Movehub has worked hard to put...