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Greek News

Athens Among Cheapest Weekend Destinations

According to financial website This is Money, the British Post Office Travel Money city costs barometer survey, studied the deflation and drop in prices in 28 cities finding the cheapest weakened destinations for Brits in Europe. Athens was placed 5th...

German Economy Minister Gabriel: We Are Ready to Help Greece Get Back on Its Feet

Germany's Vice Chancellor, Economy Minister and chairman of the junior coalition government partner Social Democratic Party of Germany (SPD) Sigmar Gabriel said earlier today that his country's government is willing to help Greece get back on its feet and...

Greek Gov't Aims to Strike a Deal With Creditors by April 24

The leftist led Greek government aims to conclude the talks with its international lenders regarding its revised reforms package within April and specifically before the 24th, when a Eurogroup meeting is scheduled. As the International Economic Affairs Minister Euclid...

Overdue Greek Tax Debt Rose to 75.732 bln Euros in February

The value of overdue tax debt grew further to 75.732 billion euros in February, of which 2.480 billion were new overdue debt by taxpayers in the January-February period, Greek official figures showed on Tuesday. A report by the Secretariat General...

Tsipras-Avramopoulos Meeting: Changes in EU Migration Policy

Greek Prime Minister Alexis Tsipras and EU Commissioner for Migration, Home Affairs and Citizenship Dimitris Avramopoulos on Tuesday had a meeting at Maximos Mansion, with their statements reflecting a convergence of views on changes over EU migration policy. The main...

U.S. Asks Greece to 'Fully Commit' to Negotiations

American Under Secretary of the Treasury for International Affairs Nathan Sheets asked Greek Finance Minister Yanis Varoufakis that Greece must "fully commit" to negotiations with creditors so that further financial aid is released to the country. Mr. Varoufakis met with...

Greek Defense Min: We Will Terminate Policies That Devastated the Country

Greek Defence Minister Panos Kammenos late on Monday in an interview with Star TV referred to the negotiation with the partners, the investigation committee for the memorandum, the Greek debt and Germany’s stance. He stressed that the country's sovereignty,...

Most Surreal Easter Celebrations Take Place in Chios

In Vrontados a village on the Greek island of Chios residents organize a yearly fake rocket war, between two churches, Agios Markos and Panagia Erithiani. TIME magazine journalist Olivier Laurent was impressed with the old Greek tradition, publishing an...

Spiegel: Let's All Prepare for a Greek Exit

Greece will go bankrupt after paying the International Monetary Fund 460 million euros and Europe must prepare for a Grexit, a Spiegel analysis says. According to commentator Wolfgang Munchau, Greece's payment to the IMF will probably leave state coffers empty...

Greece's Creditors Insist on Austerity Measures

The Greek government is preparing a new list of measures to appease creditors in order to unlock financial aid in the April 24th Eurogroup. Greece's creditors insist on several austere measures such as raises in value added tax, cuts in supplementary...

Putin's 'Gifts' to Greece Might Be a New Loan and Gas Discount

The Russian government is willing to discuss with Greece the possibility of a loan and a discount on the price of gas, according to a Sputnik report. With Greek Prime Minister Alexis Tsipras visiting Moscow on Wednesday, there is a lot of speculation...

7 Migrants Found Dead in Symi, Greece

Seven illegal migrants were found dead while another nine were rescued by members of the Turkish coast guard, after they were spotted east of the Greek island Symi, near Rhodes, on Monday. Authorities are currently investigating the area in search...

Six Greeks in Top 10 of Historical Personalities

What are the names that are mentioned more often than any other names in human history? That was one of the questions examined in an extensive study conducted by Pantheon, the new media lab of the Massachusetts Institute of...

Holy Tuesday; What Do We Celebrate?

In the Greek Orthodox Church, Holy Tuesday is dedicated to the holy gospel referring to Christ’s denunciation against the religious leaders of Israel, the Secretaries and the Pharisees, but it also commemorates the Parable of the Ten Virgins and...

Greek Deputy FinMin: Germany Owes Greece €278 bln in War Reparations

Greece's deputy Finance Minister Dimitris Mardas told the parliament in Athens that Germany owes his country €278.7 billion (about 307 billion U.S. dollars) in Second World War reparations. A parliamentary committee and the Greek supreme court arrived at the figure...