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Greek News

French PM Hollande to PM Tsipras: Greek People's Vote Indicates Austerity Is Not Tolerable

Greek Prime Minister, Alexis Tsipras and French President, Francois Hollande's meeting in Paris was concluded on a positive note earlier today. The two leaders held a joint press conference during which they both indicated the need for cooperation between...

Ancient Greece has something to say about the three-person baby debate

By Helen King*, Open University The science and morality of creating a life with DNA from three different individuals is hot news. The UK parliament has voted in favour of allowing trials of mitochondrial replacement therapy (MRT), otherwise also known as three-person...

Which Greek Cities Have the Best Internet Speed?

OOKLA, the global leader in broadband testing, network diagnostic applications and data, published a Net Index which calculated the average connection speed in 196 countries worldwide. Greece placed 92nd with an average internet connection speed of 9.64 Mbps. According to...

Police Find 'Group of Popular Fighters' Statement Claiming Responsibility for Israeli Embassy Attack

Greek Police early on Wednesday found a statement claiming the responsibility for the armed attack against the Embassy of Israel in a garbage bin in the Athens suburb of Nea Smyrni, Greece. According to the police, the responsibility was claimed...

European Commission Proposes Program to Fund Greek Media

The European Commission has proposed a new program that will help 1,633 media employees in Greece relaunch their career through the European Adjustment Fund. The Greek employees used to work in publishing, programming and broadcasting but they were made...

Greek PM Tsipras: We'll Find a Solution Within EU Law

Greece respects European Union rules and procedures and will find a solution to the debt problem within the framework of EU law, Greek Prime Minister Alexis Tsipras said on Wednesday after talks with top EU officials in Brussels. However, the...

Greece to Support Trans Adriatic Pipeline for Natural Gas

The new government of Greece will support the Trans Adriatic Pipeline (TAP) for the transport of natural gas, but in a way that will maximize Greece's benefits from the project, Energy Minister Panayiotis Lafazanis said on Tuesday. The Greek...

Cypriot Customs Confiscates 500,000 Euros from Greek Businessman

Custom authorities in Cyprus confiscated half a million euros from a Greek businessman who attempted to fly the money back to Greece when Cypriot banks refused to let him deposit it. Reuters reports that the businessman had arrived in the...

Greek FM Calls Meeting with ECB's Draghi 'Fruitful'

Greek Finance Minister Yanis Varoufakis told reporters on Wednesday he had a "fruitful" meeting with ECB’s chief Mario Draghi in Frankfurt. “We had a fruitful conversation,” the Greek FinMin told reporters immediately after the conclusion of the meeting that focused...

Thessaloniki's Boutaris Among World's Top 10 Mayors

Thessaloniki Mayor Yiannis Boutaris is one of the 10 top mayors in 2014, according to the World Mayor Project. The aims of the international World Mayor Project, launched by the urban affairs research institute City Mayors Foundation in January 2004,...

Passenger Traffic at Athens International Airport Jumps 28% in January

Passenger traffic at Athens' International Airport (AIA) "Eleftherios Venizelos" increased 27.95% in January compared to the same month last year, reaching 975,000 passengers. The number of domestic travelers jumped 43.9% to 375,994, versus 261,361 in January 2014, while international passengers...

FT: 'European Central Bank to Reject Greek Bailout Plans'

The European Central Bank is unwilling to raise Greece’s Treasury bill issuance ceiling from the current 15 billion euros to 25 billion euros, according to a report in the Financial Times. The financial newspaper cites two European officers involved in...

Eurogroup 'Likely' to Meet on February 11 to Discuss Greece

Eurozone finance ministers are "likely" to hold an extraordinary meeting in Brussels on February 11, on the eve of the European Council, to find a common solution concerning Greece’s request to relieve its debt, a source close to the...

New Hope on the Horizon

Newly elected Greek Prime Minister Alexis Tsipras' visit to Cyprus was an overwhelming success. One that offered hope that things are about to change for the better. He has given hope but not only to the Hellenes across the...

Clinton’s Son-in-Law, Co-founder of Hedge Fund Loses Money on Greek Recovery

Bill and Hillary Clinton's son-in-law Marc Mezvinsky is the Co-founder of a hedge fund that lost money as the fund focused on the recovery of the Greek economy, a Business Insider report says. "Despite having Goldman Sachs CEO Lloyd Blankfein...