Germany
Economy
Merkel Calls for Solution to Keep Greece in Eurozone
German Chancellor Angela Merkel called for a solution to keep Greece from leaving the eurozone this autumn, the weekly Der Spiegel said in a report to appear Monday.
"We must find a solution for Greece," Merkel told her inner circle,...
Greece
Finance Ministry Calculating German War Reparations Bill
Greece’s Finance Ministry will calculate the country’s claim for World War II reparations against Germany, Deputy Finance Minister Christos Staikouras said.
The General Accounting Office will make the calculation for the first time, Staikouras said today in response to a...
Economy
ILO Sees Big Jump in EU Jobless if Greece Leaves Euro
In an interview given to the Munich-based newspaper Süddeutsche Zeitung, Ekkehard Ernst, a top economist for the Swiss-based International Labour Organization (ILO,) predicted that unemployment in the European Union, particularly the southern countries, would jump markedly if Greece leaves...
Economy
Germany Will Veto Greek Aid if Reforms Fall Short
Germany will block any new aid to Greece if Athens does not fully comply with the terms of previous rescue packages, even if other countries support unlocking funds, a senior lawmaker said today.
The deputy head of Chancellor Angela Merkel’s...
Europe
Schwabach in Germany and Kalambaka Celebrate Ten Years As Partner Cities
Schwabach in Germany and the Greek city of Kalambaka celebrated their 10th anniversary as partner cities.
A group of 49 people coming from Kalambaka visited Schwabach, which is situated close to Nurenberg, in order to participate in the German festival organized in association...
Economy
Germany Accepts Easier Funding of European Debt
Just a few hours ago, Chancellor Merkel, agreed on an initiative to help banks and indebted countries. The initiative was mostly supported by Spain and Italy. The agreement states that governments will be able to borrow money from ESM...
Europe
Thomas Cook Report: Travelers Will Benefit From Greece Eurozone Exit
Everyone expresses their own point of view on the Greek financial crisis and political situation these days! I don't know what's worse, that Greeks don't have money or that many professionals take advantage of it for their own profit.
British...
Europe
Neighboring Bulgaria Helps Greece Protect its Borders from Illegal Immigrants
Illegal immigrants are always a key-issue in the social and political life of Greece. The country's borders are too long, the guards few and the authorities cannot deal with the problem and thus, hundreds of illegal immigrants from Pakistan, Iran,...
Greece
Comedy Show 'Sorry I am Greek' Upsets German Director
Lakis Lazopoulos is on tour in Germany with sold-out performances, which apparently frustrates the Germans.
The renowned comedian appeared on stage in Düsseldorf dressed up in the traditional Greek costume (tsolias) and waited 4 minutes to start his show, as the...
Greece
Germany and Greece During the Crisis: Who Wins, Who Loses?
Unemployment has surged to 18.8 percent from 13.3 percent only a year ago. Overburdened public hospitals are facing critical shortages of everything from syringes to bandages. Children faint out of starvation in schools. Rates of suicide, homelessness, crime and...