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Trichet’s Position Reverses New Loan Plans

ECB President’s opposition against the possibility of a selective Greek default causes the redeployment of initiatives for a solution with the participation of the...

Greeks Lose Compensation Claim for Nazi Atrocity

The European Court of Human Rights says it has dismissed a lawsuit by Greek relatives of Nazi massacre victims seeking compensation from Germany. The Strasbourg...

Significant Increase in Rhodes & Dodecanese Tourist Arrivals

According to travel agencies, tourism is blooming in the Dodecanese islands and especially in Rhodes. Data shows that arrivals have increased in comparison to 2010....

Canadian Boat Defies Greek Coast Guard, Claiming Multiple Captains

Greek commandos boarded and turned back a Canadian boat bound for the Gaza Strip on Monday, in the latest setback for the all-but-stymied Gaza...

German Foreign Minister Westerwelle Asks for Re-Opening of Theological School of Halki

"The Theological School of Halki is a very important culture site, an integral part of the European culture," said German Foreign Minister Guido Westerwelle, who visited the School. "By my presence here I want to encourage...

New Finnish Obstacle In Loan Package To Greece

There are new obstacles in the debate on the second bailout loan to Greece, even before it enters the final stages of preparation. Diplomatic sources...

Eurogroup Chief Jean-Claude Juncker Just Warned That Greek Sovereignty Will Now Be Massively Limited

Eurogroup chief Jean-Claude Juncker just gave an interview to German magazine Focus, in which he said, via Reuters: "The sovereignty of Greece will be...

Expat Greeks in Switzerland Speak about Greece’s Situation

It's not an easy time to be Greek and the Greek Diaspora is always by Greece's side in the difficult times the country is...

Eurozone Approves Greek Loan Installment

Eurozone ministers have approved the release of urgent aid to help Greece avoid an immediate default on its debt. And a new bailout for...

Greek Unemployment Rate at 15%

The unemployment rate in Greece (15 %) was the fourth largest rate in the European Union in the first quarter of 2011, Eurostat announced...