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Greek News

Believe it or Not, a Smoke-Free Village In Crete!

It is hard to think of a place in Greece where there is no chain-smoking and most social activities are not done underneath a cloud of smoke. Yet, there is a village on the island of Crete where no one...

Greece to Review Airport Privatization Deal

Greece plans to review a 1.2 billion euro deal for German airport operator Fraport to run 14 regional airports, State Minister Alekos Flabouraris said. The deal was part of the previous government's privatization program. Fraport along with the Copelouzos Greek...

Greek FinMin: There's No Plan B, Only Armageddon

Greek Finance Minister Yanis Varoufakis told The Guardian that Greece has no Plan B if negotiations with its creditors fail. "We constantly hear, 'if you don’t sign on the dotted line there is going to be Armageddon'. My answer is...

U.S. Treasurer Jack Lew Speaks with Greek PM Tsipras

U.S. Treasury Secretary Jack Lew called Greek Prime Minister Alexis Tsipras on Friday to express support for Greece in its talks with its European partners for a mutually acceptable program out of the crisis. Lew said a solution would be...

Greek Finance Ministry to Extend Settlement Scheme to Debts Expiring Dec. 31, 2014

The Greek finance ministry on Friday announced that a new measure for the settlement of overdue debts to the state will include debts whose due date expired on December 31, 2014. The ministry has also announced that the new settlement...

Cabinet Briefing on Eurogroup Developments Ends in Agreement

Greek Prime Minister Alexis Tsipras expressed on Friday his optimism for the outcome of the negotiations between the Greek government and the country’s international creditors, at a cabinet meeting that was held late on Friday. During the 5-hour meeting, that...

Spiegel: Europe Considers a Grexit 'Manageable'

European finance ministers consider that if Greece and Cyprus exit from the common currency bloc, the risk for Europe would be manageable, according to Spiegel magazine. The German magazine reporter claims sources that revealed off-the-record discussions of European finance ministers...

FT: 3 Scenarios for the Outcome of Greece's Negotiations with Creditors

In an article entitled “Final showdown approaches for EU and Greece,” Peter Spiegel, the correspondent for the Financial Times in Brussels, presents three possible scenarios with regard to the negotiations between Greece and its creditors, in view of the...

The Holy Relics of St. Valentine Lie on Lesbos Island

The Municipality of Lesbos will commemorate Saint Valentine with a series of events at the Church of Metastasis of Virgin Mary in Mytilene where the holy relics of the saint lie. The Greek Post Office, honoring Saint Valentine and Lesvos...

Game of Words: Never Say The 'M-Word' in Greece

As Greece 's negotiations with Europe over the state debt continue and with Monday's crucial Eurogroup looming, there is an air of optimism blowing in Greece. An optimism mixed with defiance and pride. On Wednesday, thousands of Greeks across...

Greek Government Non-Paper on the Negotiations with the Country's Creditors

Ten points of political and technical content were outlined in a Greek government non-paper on Friday that assessed the latest negotiations with the country's creditors as positive and defined the direction of the work that will be carried out before...

Juncker: Greece, Eurogroup 'Far Away from Deal'

European Commission President Jean-Claude Juncker attempted to lower expectations on Friday for a successful conclusion to ongoing talks between Eurozone partners and Greece, saying the Eurogroup is “far away from a deal.” Whether a true depiction of reality or a bid...

Greece Should Exit the Euro

There is a serious political and economic clash going on deep inside the EU chambers. The newly elected Tsipras government has triggered a tsunami that may not be so easily contained. The northern states dominated by Germany and braced...

Greek FinMin: 'Troika's Methods Resemble CIA's Waterboarding'

Greek Finance Minister Yanis Varoufakis insists that a debt haircut is the best option for Greece. In an interview with German news magazine "Der Spiegel" he attacked the Troika using harsh words and even went as far as comparing...

Pink Flamingo Choreography Over Euboea

A series of beautiful photographs have been circulating the media over the last few hours. A group of flamingos with their characteristic pink plumage enjoyed the open sea in Euboea, Greece, before continuing their long migration journey to the South....