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Greek News

S&P Warns Euroscepticists Could Hurt European Ratings

A warning that might lead some Greek voters to reconsider their options, just 48 hours ahead of the Greek general elections, was issued earlier today by New York-based ratings house Standard and Poor’s (S&P). As it announced, European countries could face...

Greece May Need Bailout Extension, EU Official Says

Greece may need a new extension of its bailout program because it expires on February 28, a senior Eurozone official said on Friday. The EU official, who chose to remain anonymous, added that Greece must have a government by then in...

German Chancellor Merkel: We Aim to Keep Greece in the Eurozone

Speaking at the World Economic Forum in Davos, Switzerland, yesterday, German Chancellor Angela Merkel appeared confident that Greece will continue on the road of responsibility concerning its agreements with the country’s European partners. “We hear from Greece that the vast majority...

Greek Elections: How Would Greece's Diaspora Vote – Poll Results

Greeks of Diaspora give a marginal win of 0.6% to New Democracy, the party of Greek Prime Minister Antonis Samaras, in a poll conducted by Greek Reporter about the general elections in Greece. The poll indicated that New Democracy would receive...

Greek Hotel on List of 'Historic Hotels of Europe'

Marpessa Smart Luxury Hotel in Agrinio, Greece is now part of the Historic Hotels of Europe group, as well as the collection of Yades Greek Historic Hotels. This is the 18th hotel in Greece to be considered a part...

Merkel-Renzi: We Believe There Will Be a Solution to the Greek Problem

German Chancellor Angela Merkel and Italian Prime Minister Matteo Renzi expressed confidence that the problems of Greece will be resolved within the European Union confines, regardless of who wins Sunday's elections. The two heads of state had an official meeting...

Eurogroup Chief Warns Greece to Respect Euro Zone Rules

Eurogroup chief Jeroen Dijsselbloem said that Greece must respect the rules of the euro zone if it wants to remain in the common currency, according to Reuters. Speaking to German magazine Spiegel online on Friday, the EU official said that...

Greek PM: SYRIZA Policy Excludes Greece from the ECB Program

Greek Prime Minister and New Democracy leader Antonis Samaras on Friday in statements to ANT1 TV lashed out at SYRIZA and said that with its policy it was excluding Greece from ECB’s state bond buying program. He noted that while...

Montreal: ‘RBC Taste and Tradition’ of Greece

On Sunday, January 25, while people in Greece will be voting to elect a new government, the Greek community of Montreal will gather for the “RBC Taste & Tradition” event that has been scheduled to take place from 12pm until 8pm...

Greek Stock Exchange 5 Points Up After QE Announcement

The announcement of the 1.1 trillion euros quantitative easing program by the European Central Bank brought a rise in the Athens Stock Exchange. The QE program announced yesterday by ECB President Mario Draghi had international markets on an upswing with...

The History of the Drachma

In the past few weeks, the word "Grexit" plays daily in international media. A few days before Sunday's pivotal elections, that most likely will bring the first left-wing government in Greece, the drachma is back on the lips of...

S. Africa: Children Welcome Greek Orthodox Patriarch of Alexandria

Over 200 students from Jabavu East Primary School in Johannesburg, South Africa, waved Greek and South African flags, and sang the national anthems of Greece and their country, welcoming Patriarch Theodoros of Alexandria and All Africa. Jabavu East Primary School...

ECB President 'Corners' Next Greek Gov't Tying QE to Good Behavior

The European Central Bank set conditions for Greece in order to access the announced bond-buying program. The next Greek government will have no access to the Quantitative Easing program for at least six months unless they heed the demands...

Bulgarian Tennis Player Dimitrov Wins Match Against Baghdatis

Greek-Cypriot tennis player Marcos Baghdatis who plays for Australia lost to Bulgarian Grigor Dimitrov after a long match in the Australian Open championship. Baghdatis has always been favored by the Greek community of Australia and his latest match was no...

'I Fear that Our Troubles do not End with the Election Result,' ESEE Head Korkidis says

The business world is asking the new Greek government for a comprehensive development program, which will aim, among others, to boost liquidity, adopt a stable tax system, enhance the extrovertness and competitiveness of Greek businesses and of course support...