Greek News

European Commission Vice-President Jyrki Katainen said on Friday he was very satisfied with his visit to Athens and that he was certain the Commission can work closely with Greece to create more jobs. "I learned a lot during my visit...

A memorial service was held on Friday in Nea Smyrni, south of Athens, as well as a march to the Turkish Embassy, to commemorate the centennial of the Armenian genocide. The service was held at the memorial of the genocide...

Greek Parliament on Friday passed on ruling coalition votes a controversial parliamentary act obliging cities and state-related entities to transfer the majority of their liquid assets to Greece's central bank for use by the government. The act, which exempts health...

Bangkok is home to some of the best and most stunning restaurants in the world, and its vast variety of choices can satisfy almost every taste. Wandering around the city, tourists will stumble upon different restaurants, both affordable...

An 18-year-old Albanian national was arrested yesterday morning at the Kakavia border crossing station between Greece and Albania on charges of involvement in armed conflicts and war operations in third countries, such as Syria, as the General Police Directorate of...

The Greek Parliament discussion earlier today over the legislative order issued this week, ordering the country’s public sector operations to transfer excess funds to the Bank of Greece (BoG) in a dramatic attempt to cover the country's needs, was stigmatized...

The cash reserves of general government entities are fully guaranteed, Greek Deputy Finance Minister Dimitris Mardas said in Parliament on Friday, stressing that mayors, regional authorities and universities have no reason to fear the transfer of their 'idle'...

Main opposition New Democracy accused the government on Friday of creating a very negative climate for Greece in Europe. "The truth that should worry the government is that the statements of top officials from the whole political range of the...

Ancient Greeks, as well as other civilizations of that time, often attributed weather changes and natural phenomena to the gods. For example, lightning was a way for Zeus to show his anger, just as Thor in ancient Nordic mythology. Ancient Greek...

Greece's debt has grown over the last years and that is why British newspaper The Guardian published the following diagrams in order to determine how much money does Greece owe and to whom. The coming months are crucial for the...

Greek budget deficit widened slightly to 503 million euros in the January-March period this year, from 448 million euros in the corresponding period in 2014, but it was significantly lower compared to a budget target for a deficit of 2.11...

Today's Eurogroup bore no fruit for Greece and Finance Minister Yanis Varoufakis was reportedly hammered by his peers. A clear image for the negative climate Greece's outspoken Finance Minister encountered is given by Eurogroup President Jeroen Dijsselbloem. The Eurogroup President said the...

European Central Bank (ECB) President Mario Draghi gave his assurance today that the Greek banks can continue to rely on emergency liquidity assistance (ELA). "ELA will continue to be given until Greek banks will be solvent and have adequate collateral," Draghi told journalists...

Greece's outspoken Finance Minister Yanis Varoufakis, who has reportedly faced a hostile environment in today's Eurogroup in Riga, Latvia, said Athens is now ready to make "big compromises." According to a Bloomberg report, Varoufakis was referred to as a "time-waster, a...

Forget the monotonous term "Grexit" that has occupied thousands of newspaper pages throughout the years of the crisis, Citigroup Inc. economist Ebrahim Rahbari adds yet another word to the recession's lexicon. It was him that in 2012 coined the term...