Greek News
Economy
Greek Govt Collects Public Sector Money With Legislative Order to Meet Needs
The Greek government has issued a legislative order today ordering the country's public sector operations to transfer excess funds to the Bank of Greece (BoG) in a dramatic attempt to cover its needs ahead of the upcoming International Monetary...
Greece
US Ambassador Pierce Speaks Out Against Terrorist Xeros' Release
U.S. Ambassador to the Hellenic Republic David D. Pearce held a press conference today in Athens to raise concerns against a bill that was brought for vote to the Greek Parliament. The legislation may allow for the release of...
Economy
Brussels Group Meeting in Paris Continues on Monday and Tuesday
The Brussels Group meeting in Paris, which was held during the weekend, continues on Monday and Tuesday, European Commission spokesperson Margaritis Schinas said on Monday.
Schinas said that discussions continue both on political and technical level and noted that the pace...
Greece
Death of the (4th) Estate
Anyone reading coverage of last week’s Greek independence celebration at the White House cannot be faulted for thinking Greece is anything but a country on the brink. Breathless Twitter pics of cool kid John Stamos and celebrity FinMin Varoufakis...
Greek News
What ‘My Big Fat Greek Wedding 2’ Will Be About
Nia Vardalos announced the story-line of her much anticipated 'My Big Fat Greek Wedding' sequel that will unite the crazy Portokalos family again on the big screen. The Greek-Canadian actress posted on Facebook a message explaining how her daughter...
Greece
Iranian President Rouhani: Relations With Greece to Witness Further Expansion
The enhancement of bilateral relations between Greece and Iran sees no barrier said Iranian President Hassan Rouhani earlier today, underlining at the same time Greece's abundant capacities in various fields, while calling for the promotion of Tehran-Athens' economic cooperation.
Speaking...
Economy
Noam Chomsky: Greek Debt Must Be Written Off, Brussels Are Destroying Greece
His belief that the Greek debt should be written off expressed the internationally acclaimed American scholar Noam Chomsky. As he said, the Greek debt should be written off in the same way the German debt was written off in 1953, just eight...
Ancient Greece
The 'Ancient Greek Sandals' That Celebrities Love
Spring time is here and sandals are the new must-have accessory, making an astonishing comeback. In ancient times sandals used to be a utilitarian type of shoe that would protect people’s feet while walking. However, throughout the centuries they became so much...
Economy
Greek Govt Vice President: We Will Not Cross Our Red Lines in Negotiations
The Greek government's intention not to cross the red lines it has set in regards to the ongoing negotiations with the country's partners expressed, yet again, yesterday government Vice President Giannis Dragasakis. In an interview to Greek newspaper "To Vima," published...
Greece
US and Turkey Worried About 'November 17' Member Savvas Xeros' Possible Early Release
The United States and Turkey have expressed their concern regarding the scenarios that want former "November 17" member and convicted terrorist Savvas Xeros released due to health reasons. On Friday, the leftist-led Greek government has passed a new law according to which...
Business
Greece, Cyprus and Hungary to Export Food to Russia Despite EU Sanctions
Greece, Cyprus and Hungary are likely to be allowed to export fruits and vegetables to Russia, despite the ongoing European Union sanctions imposed on Moscow due to its role in the Ukrainian Crisis.
According to Russian newspaper Rossiyskaya Gazeta, the country's...
Greece
PM Tsipras: Greek Democracy Cannot Be Blackmailed
"Greek democracy cannot be blackmailed," Prime Minister Alexis Tsipras stated after his meeting on Monday with Citizen Protection Minister Yiannis Panousis and noted that "this is addressed to all directions, abroad and within the country."
He also clarified that "those...
Economy
SYRIZA Members Leak Scenarios of Snap Elections in June
SYRIZA cabinet members have leaked scenarios of snap elections or referendum if Greece does not come up with an agreement with creditors until June, when the bailout extension expires.
Sources close to Prime Minister Alexis Tsipras said that this is not...
Economy
IMF's Thomsen: Negotiations Sped Up but Greece Runs Out of Cash in June
Negotiations with Greece are speeding up but there is still a long way before an agreement, said Poul Thomsen, Director of the European Department of the International Monetary Fund (IMF).
Thomsen said that Greece will probably run out of money...
Economy
European Commissioner Moscovici: Greece Must Implement Reforms to Stay in the Euro
European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici said on Monday that Athens needs to deliver a reforms plan as soon as possible in order to stay in the Eurozone.
Moscovici spoke on French television regarding the...