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Greek News

New Greek Poll: SYRIZA Continues to Lead Over New Democracy

SYRIZA leads over New Democracy (ND) by 4.2 percentage points and a seven-party parliament, sees an opinion poll conducted by Rass. According to the results, SYRIZA leads with 31.2% followed by ND with 27%. "To Potami" was third with 6.3%...

Greeks Abroad Await Election Results with Bated Breath

Greeks who have left their homeland because of the economic crisis and Greeks of the diaspora await Sunday's election results with bated breath, according to a Guardian report. For some, the January 25 ballot is so important, they make plans...

Greek PM Promises Immediate Compensation to Farmers

The compensation to Greek farmers and peach growers for the Russian embargo damages will be signed on Wednesday, Prime Minister and New Democracy leader Antonis Samaras said during his visit to a modern cattle breeding unit in Sindos, Thessaloniki,...

SYRIZA MP Dragasakis: We Will Not Accept the February 28 Deadline

A SYRIZA government in Greece will demand time to serve democracy, therefore the party will decline the February 28 deadline, when the Greek support program expires, said earlier today SYRIZA MP and parliamentary candidate Giannis Dragasakis. During an interview with...

SYRIZA Economist: Greece Cannot Recover Without Debt Cut

Greece can never rebound without a generous debt haircut, said Yiannis Dragasakis, SYRIZA's chief economist. Speaking to Agence France-Presse ahead of Sunday's general elections Greece, Dragasakis said that despite what Greece's creditors say, a debt cut is absolutely necessary in...

Reuters: How Greece Returned to Crisis

Greece is facing a new economic crisis after a series of wrong moves by the coalition government of Antonis Samaras, thus negating four years of harsh austerity measures, a Reuters report says. The Greek prime minister made the mistake of...

Greek State Asks MPs to Return January Salary

The Greek State has asked Members of Parliament to return the January 2015 salary that they received in advance on December 27, 2014. The total amount that has been paid in advance must be returned within ten days and it...

EU: No Debt Haircut, Reforms Must be Implemented

The bailout program must continue with all reforms implemented and there will be no debt writeoff, said Greece's European partners ahead of the crucial elections on January 25th. Pierre Moskovici, Wolfgang Schäeuble, Jean-Claude Juncker and Christine Lagarde, said essentially the...

IMF Chief: Exit from the Euro 'Devastating' for Greece

An exit by Greece from the euro zone would be "devastating," the head of the International Monetary Fund Christine Lagarde said on Tuesday. Speaking to Irish state broadcaster RTE, the IMF chief discussed the political situation in Greece ahead of...

Greeks Returning to Darwin Due to Crisis

Over the last 3.5 years approximately 3,500 Greek-Australians, mostly Kalymnians, have returned from Greece to Darwin due to the economic crisis, noted Darwin’s Honorary Consul General of Greece, John Anictomatis, who has also served as governor of Northern Territory...

Greek FinMin: Extension of Negotiation Period May Derail the Economy

A prolonged period of consultation and negotiation with our partners without any clear result and time of completion, and, if there were any maximalistic demands, not taking into account what the creditors' side could give or any unilateral actions,...

Greek Migrants in Germany Exceed 30,000

  A significant increase in migrants was recorded in Germany during 2013. While in 2012 the numbers of people who settled in Germany stood at 1.08 million, in 2013 their total number rose to 1.23 million. This is the largest number...

Michael Olaitan Returns Ten Months after His Collapse on the Field

Nigerian striker Michael Olaitan returns on Olympiakos squad for the upcoming game against Tyrnavos for the Greek cup tomorrow. It's been over ten months since his terrifying collapse at the Karaiskakis stadium. It was March 2nd, 2014 at the 30th minute of...

Sergio Markarian: "No Offer from the Greeks yet"

Uruguayan football coach Sergio Markarian claimed that no one has officially offered him the Greek National Team's head-coach position yet but that he would gladly discuss the idea of succeeding Claudio Ranieri if an offer was raised. Sergio Markarian is one of the...

EBRD 'Freezes' Six-Billion-Euro Loan to Greek Businesses Until After Elections

With the critical Greek elections just 5 days away, the European Bank for Reconstruction and Development (EBRD) has spread disappointment to the country’s business world as it put off a decision over its operation in Greece until after the polls. The...