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January 2002: Greece Enters the Eurozone

It has been 20 years since Greece's accession to the eurozone, an anniversary that has been overshadowed by the spread of the COVID-19 omicron variant

Greece’s Often-Strained Relations With Germany Dominate Merkel’s Visit

The relations between Greece and Germany that were strained during last decade's debt crisis dominated talks of Chancellor Angela Merkel in Athens on Friday. Greek PM Kyriakos Mitsotakis reminded Merkel of the austerity Germany imposed on Greece. "You admitted that...

Former Greek PM George Papandreou Hopes for Political Come Back

Former Greek prime minister George Papandreou announced on Wednesday he is joining the race to lead the center-left Movement for Change party (KINAL). In a televised address Papandreou said that that progressive political forces need to grow again. “We need a...

Marfin Bank Arson Has Haunted Greece for Over a Decade

Eleven years have passed since the deadly Marfin Bank arson. The culprits are still at large, as Greek police launches a new investigation

April 23, 2010: Ten Years Since the Official Beginning of the Greek Financial Crisis

It was a day much like this on April 23, 2010, when the then-Prime Minister of Greece George Papandreou announced from picturesque Castellorizo Island that Greece would officially ask for financial assistance from its fellow Eurozone member-states as the...

EU Commission Says it "Will Remain by Greece's Side'' One Year After Bailout Exit

The European Commission issued a statement on Tuesday on the occasion of the one-year anniversary of Greece officially exiting its bailout programs after its eight-year-long financial crisis. ''Today marks one year since Greece successfully concluded its European Stability Mechanism (ESM)...

Greece's Creditors say No Changes in Bailout Program Terms for New PM

Greece’s creditors have said no to calls from the country’s new conservative government to ease harsh budget conditions agreed as part of its rescue program, AP reports. New Democracy leader and Greece's new Prime Minister Kyriakos Mitsotakis was elected after...

Investors' Calls for Compensation Over Greek Bailout Rejected by EU Court

The European Union's General Court made public on Thursday that the private investors who wished to be compensated for the losses they endured during the Greek bailout of 2012 will not receive any compensation. The individuals who had held sovereign...

BBC Film Portrays Ten Years of Financial Turmoil in Greece (video)

The nail-biting weeks leading up to the first Greek bailout in 2010 are the subject of a new BBC documentary which aired on February 4. The spellbinding film, titled “Inside Europe -- Ten Years of Turmoil" takes viewers inside the...

Creditors Leave Athens Without Plan for Settling Tax Debt

The Greek government did not present their plans for settling tax debt in 120 installments during negotiations this week in Athens with their creditors' representatives. The creditors’ representatives will leave Athens with incomplete information for the second post-bailout assessment, which is...