Greek News
Greece
Greek Defense Minister's Comment on NATO Airbase in Karpathos Causes SYRIZA Reactions
Defense Minister Panos Kammenos caused his deputy minister to react on Monday after admitting that he proposed to the United States the establishment of a NATO airbase on Karpathos island.
Kammenos -- chief of junior coalition partner ANEL -- said that...
Culture
Greek-American Film ‘Promakhos’ to Be Screened in Washington, D.C.
The Greek Culture Foundation, the Department of Modern Greek Studies at Georgetown University and the Pillars of Greek Culture Foundation have organized a screening of the film “Promakhos” at Georgetown University in Washington, D.C., on Thursday, May 28.
“Promakhos,” referring...
Economy
European Stability Mechanism: 'Little Time Left for Greece'
German economist and head of the European Stability Mechanism Klaus Regling noted that “time is running out for Greece to reach an agreement with its lenders and there will be no further funds for Athens without it,” during an...
Economy
Greek Deputy Finance Minister Orders The Transfer Of Public Accounts
As Greece is running out of funds, Greek deputy finance minister Dimitris Mardas ordered the transfer of 1,039 bank accounts of public authorities in a special account in the National Bank of Greece (NBG).
With fears of a forthcoming Greek default triggering...
Economy
Greek Finance Ministry: Proposal on Taxing Bank Transactions Has Been Dropped
A proposal on taxing bank transactions which was presented during the ongoing negotiations at the Brussels Group has been withdrawn following reactions by the Greek finance ministry, the ministry said in a press release on Tuesday. It also said...
Art
European Short Film Festival FILME to Take Place in Thessaloniki
Young artists will have the opportunity to present their work and distinguish themselves at the European Short Film Festival FILME that will take place in Thessaloniki, northern Greece, for the fourth consecutive year, from May 28 to 31.
The festival organizers...
Economy
Greek FinMin Varoufakis: We Will Make IMF Payment in June if There Is a Deal
Greek Finance Minister Yanis Varoufakis said that Athens will make the payment due to the International Monetary Fund (IMF) in June provided there is a deal with creditors by then.
Varoufakis spoke to CNN's Richard Quest and underlined that he is certain that...
Greece
Greek Summer Loading… in Mykonos
Have you ever been to the Greek island of Mykonos? If not, this is the time to do it! Τhe island is packed with tourists, however, it is ready to accept many more visitors until early September.
A great number of students who want to...
Economy
Greece Optimistic About Deal, U.S. Watches Developments in Negotiations
Greek government officials appeared optimistic on Monday night that an agreement with creditors is possible within the next ten days, while the U.S. watches closely negotiations with European institutions and the International Monetary Fund (IMF).
Greek government spokesperson Gavriil Sakellaridis said...
Economy
Tourist Arrivals in Greece Up 45.6%, Travel Receipts up 12.8% in Q1
The number of inbound visitors in Greece jumped 45.6% to 1.728 million in the January-March period this year, from 1.187 million during the same period in 2014, while travel receipts grew 12.8% to 532 million euros over the same...
Economy
Canadian Financier Watsa: 'I'm Optimistic About Greece'
Canadian financier and Fairfax Financial Holdings Chief Executive Prem Watsa expressed his optimism for Greece on Monday, saying the climate in the country will be completely different next year.
Watsa, whose company owns a 13.6% stake in the Greece's Eurobank, met...
Economy
Greek Govt: SYRIZA Decisions Binding, no Plans for Reshuffle
The decisions taken by SYRIZA's Central Committee are binding for the party's MPs as well, government spokesman Gavriil Sakellaridis said during the regular press briefing on Monday, in response to questions on the resolution voted on Sunday.
He also...
Archaeology
The Heart of European Shipping Beats in Piraeus
Maritime industry representatives, the officials who formulate maritime policy in Europe's ports, will arrive at the port of Piraeus from May 28 to 31, to celebrate the European Maritime Day 2015.
The Municipality of Piraeus, the host city for this year’s European Maritime Day...
Economy
Hopes For Greek Budget Surplus Shattered By IMF's Chief Economist
The International Monetary Fund's chief economist Olivier Blanchard destroyed any hopes left about a potential Greek budget surplus in 2015 during his interview in the French financial newspaper Les Échos at a central bankers' meeting in Sintra, Portugal on Monday.
Although Greece...
Economy
Greek FinMin Varoufakis: 'Austerity Is the only deal-breaker'
The sticking point in Greece's negotiations with its creditors was not Athens' unwillingness to carry out economic reforms but the creditors' insistence on even greater austerity that would impede economic recovery, Greece's Finance Minister Yanis Varoufakis wrote in an opinion...