greece news
Economy
Greek Deputy Foreign Minister's Investment Ideas Show Disengagement from Reality
The word "investment" is a new, mysterious concept for the leftist politicians of the SYRIZA-ANEL coalition government. When in opposition, the word investment sounded like nails on a chalkboard to their ears. A capitalist concept that was anathema to...
Economy
Greek Alternate Finance Minister: Capital Controls Gone by June 2016
Greek Alternate Finance Minister Giorgos Chouliarakis claimed that the capital controls that are currently restricting the Greek economy will be lifted by June 2016.
During a hearing at the Greek Parliament's Economic Affairs Committee, Chouliarakis claimed that liquidity in the Greek economy will be fully...
Economy
Greek Economy Shrinks by a Percentage Lower Than Expected
Greek economy seems to be shrinking 1.4 percent in 2015, a much lower contraction than the 2.3 percent estimated, according to a Reuters report.
Citing sources close to the bailout talks, Reuters says that the creditors had agreed with the new...
Greece
Prokopis Pavlopoulos Expresses Gratitude to Archbishop Demetrios of America
President of the Hellenic Republic Prokopis Pavlopoulos met with the Archbishop Demetrios of America in Athens on Wednesday.
“It must be made clear to all our friends in the United States and our counterparts in the European Union that it...
Art
Greek Classic 'The Iliad' Read in its Entirety by 66 Actors (video)
A reading of all 18,225 lines of text of The Iliad by 66 actors, an epic undertaking of Cambridge classics professor Simon Goldhill, will be available to watch online.
The ambitious reading took place on August 14 for an audience...
Economy
Greek Public Revenue Secretary Refuses to Resign Over Misdemeanor Charges
General Secreatary for Public Revenue Katerina Savvaidou refuses to resign despite the fact that Maximos Mansion is urging her to resign on ethics grounds.
Sources close to Prime Minister Alexis Tsipras express the government's concerns over Savvaidou's ability to perform...
Economy
Meeting Between Greek Economic Staff and Institutions' Representatives Concluded
A meeting between Greece's economic staff and the representatives of the institutions on the implementation of the prior actions for the disbursement of the 2 billion euro sub-tranche was completed.
On the Greek side, Finance Minister Euclid Tsakalotos and State...
Greece
Greece's Struggle Presented With the Help of Playmobils
Greek writer Nikos Papadopoulos started playing around with his young sons toys in 2013. “We were pretending to go to bed using Playmobil – and it gave me the idea to recreate scenes not only about home life, but...
Economy
Taxpayers' Overdue Debt Jumped 1.469 bln Euros in Sept
Taxpayers’ overdue debt to the Greek state grew significantly in September, by 1.469 billion euros, to total 8.392 billion euros so far this year, the Finance ministry said in a report.
The report noted that taxpayers’ overdue debt surpassed 80...
Greece
EU Takes Initiative on Refugee Problem
European Commission president Jean-Claude Juncker called on the leaders of the Balkans and Central Europe to hold an emergency meeting on the refugee issue, amid intensification of the problem, and increased pressure at the borders of certain countries. The meeting...