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Greek News

Pay a Visit to Greek 'Europa' With New Banknote

While Greece was struggling to get its proposed reform measures accepted by the European Commission (EC) in order to succeed the extension of its bailout program, the European Central Bank (ECB) renewed its long-standing tough love vows with Athens, releasing new €20...

Russia Considering to Ease Embargo on Greek Products

The Russian government is currently considering to loosen its embargo imposed upon European Union (EU) agricultural products from several member-states, among which is Greece, by allowing products to be processed within the country, President Vladimir Putin's spokesman Dmitry Peskov said earlier...

Greek Govt Seeking Liquidity Assistance from Social Security Funds, Hospitals and Farmers

His belief that there are alternative solutions to liquidity problems in March expressed a senior Greek financial official just before the Government Council for Economic Policy meeting that was earlier concluded under the presidency of government Vice President Giannis Dragasakis....

Spanish FinMin and EFSF: Memoranda Not Over for Greece

A third bailout package for Greece amounting between 30 and 50 billion euros is currently being envisaged by the Eurozone member-states' Finance Ministers, according to Spanish Finance Minister Louis de Guindos. As de Guindos highlighted, the terms of the third...

Greek Police Arrest More Terrorist Suspects

Greek Police on Monday arrested the 60-year-old mother of two detained Conspiracy of Fire Nuclei terrorist group members, Christos and Gerasimos Tsakalos, as well as the latter's 26-year-old companion for participating in a terrorist organisation. The two women were arrested earlier on Monday for...

German Finance Ministry: No Ambiguities in Eurogroup Decisions on Greece

  The Eurogroup decisions on Greece still apply and do not contain ambiguities, German Finance Ministry spokesman Martin Jaeger said on Monday. The spokesman said that every step in the implementation of the process agreed jointly with Athens will be carefully monitored. Referring...

'Hellas Gold' and Miners in 'War' with Greek Govt over Skouries Goldmine

Hellas Gold SA (part of Canadian Eldorado Gold Corp.) and the mining workers employed in the company's goldmines in Skouries, Chalkidiki, Northern Greece, appear determined to proceed with legal action against the Greek government, after the latter announced it would...

Vatopedi Monastery Land Scandal Trial to be Adjourned

The trial for the Vatopedi Monastery land swap scandal started on Monday without any of the politicians allegedly involved standing trial. However, it was adjourned for March 23 because the courtroom was deemed not sufficient. The main defendants are the...

Greece: No Trouble Meeting Financial Obligations this Month

Greece said on Monday it will not have any problem meeting its financial obligations this month, after reports indicated that the country might have difficulty repaying its international creditors in the coming months. "The public should not be concerned ......

Greek Parliament Will Not Vote on Loan Agreement

The Greek government confirmed on Monday that the four-month loan extension agreement will not be submitted to parliament since it is not required. SYRIZA parliamentary spokesperson Konstantinos Fylis said that MPs have an opportunity to discuss the agreement but not vote...

U.S. Ambassador's Tweet Linking Nemtsov's Assasination with President Anastasiades' Visit to Moscow Irritates Cyprus

United States Ambassador to Cyprus John Koenig has irritated Nicosia after asking on Twitter "What do people in Cyprus think about the week in Russia as seen from here? Anastasiades visit and statements, Nemtsov assassination?" linking Boris Nemtsov's assassination...

Turkey Revises Initial NOTAM After Firm Greek Reaction

Turkey has finally revised its previously issued NOTAM (Notice to Airmen) after the Greek government's strong reaction, regarding the inclusion of Greek land in military exercises within the Aegean Sea and Greek airspace. On Friday, February 27, Turkey issued...

Greek Deputy Health Minister: 'Each Minister is not Obliged to Talk to the Institutions'

The need to face the humanitarian crisis caused by the Memoranda comes first, before the institutions, noted Greece's Deputy Health Minister Dimitris Stratoulis speaking to ANT1 TV on Monday referring to the draft laws to be tabled, starting from today, in parliament....

Eurostat: Greek Unemployment Remains Stable at 25.8% in November

The rate of unemployment in Greece was estimated to be 25.8% in November 2014, remaining unchanged since October 2014, according to the latest figures of the European statistics authority Eurostat. Specifically, there were 1.23 million unemployed in Greece, with unemployment...

Migrants from Amygdaleza Detention Center Released in Athens

The evacuation of the Amygdaleza migrant detention center continues at a rate of 30 migrants per day. The migrants go through an evaluation committee and they are given temporary permits to stay in Greece. The migrants are transported from Amygdaleza...