Greek News

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...

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...

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...

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...

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...

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...

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...

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...

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...

Greek Prime Minister Alexis Tsipras and the ruling coalition's leading party SYRIZA retained a clear lead over the opposition, according to a poll conducted by Public Issue and published in the Sunday edition of the newspaper "Avgi". Estimated voter support...

The Hellenic Civic Aviation Authority Employees announced a 48-hour strike set to take place on Sunday, May 31st and Monday, June 1st. The authority employees stated that no Greek government has shown the required respect to HCAA employees whether their work in...

Greek-Australians have been engaged in pearling since the late 1880s, at first in the pearl shell industry and later in pearl cultivation. Athanasios (Arthur) August was among the first Greeks to become involved in the pearling industry, in the town of...

Australian Prime Minister Tony Abbott visited the Greek ‘Paniyiri’ fare in South Brisbane on May 23 and 24, enjoying Greek delicacies and beverages along with organizers and attendees. Followed by many politicians, the Australian Prime Minister arrived in Musgrave Park where...

  Penteliκon, the historical hotel in Kifisia, the upscale, northern Athens suburb, is shutting down due to debt after 88 years of operation. On Monday, the hotel management informed all guests to find accommodations elsewhere, while staff were advised to seek employment elsewhere. Pentelikon,...

Greek opposition "To Potami" leader Stavros Theodorakis made it clear on Sunday that his party is prepared to vote in favor of an agreement with Greece's creditors when the government brings it to Parliament. "We are absolute. The other parties and some politicians...