Greece
Greece
Greek Farmers Decide to Continue Road Blocks as Tsipras Calls Them for Dialogue
The meeting of the coordinating body of Greek farmers union at Tempi is completed with the farmers deciding on daily two-hour blocks of national thoroughfares.
Farmers will block all national highways with their tractors at 12 pm-2 pm and 7...
Economy
PM Tsipras: ‘It Might Be the Last Opportunity for Greece. Let’s not Lose it’
The evaluation of Greece’s economic program must be completed as soon as possible because it may be Greece’s last chance, Prime Minister Alexis Tsipras said in an interview with Huffington Post Editor-in-Chief Arianna Huffington on the sidelines of the...
Greece
Hope Has Turned to Despair One Year After Syriza’s Historic Rise to Power
“Hope begins today” was the message that the current Greek Prime Minister Alexis Tsipras sent to the Greek people when his Coalition of the Radical Left (SYRIZA) party won the national elections held a year ago, on January 25th...
Economy
S&P Raises Greece’s Credit Rating to B- from CCC+, Stable Outlook
On Friday, Standard & Poor's raised its long-term sovereign credit rating on Greece to 'B-' from 'CCC+', with a stable outlook, citing the country's compliance with its economic program.
"The upgrade reflects our assessment that the Greek government is broadly complying...
Economy
Greece Records 2.270 bln Euros Primary Surplus in 2015
Greece recorded a primary budget surplus of 2.270 billion euros in 2015, up from a surplus of 1.872 billion euros in 2014 but down from a revised budget target for a surplus of 3.257 billion, the Finance ministry said...
Greece
FYROM Authorities Again Bar Passage to Refugees at Idomeni
Former Yugoslav Republic of Macedonia (FYROM) authorities again barred the passage of refugees through the Greece-FYROM border at Idomeni, starting at 6:00 on Friday morning. According to sources, the decision was made in order to ease overcrowding at the...
Economy
Eurogroup Chief Jeroen Dijsselbloem Talks from Both Sides of Mouth On Greek Debt and Pension Reform Proposal
Speaking on Bloomberg from Davos, Eurogroup chief and Dutch Finance Minister Jeroen Dijsselbloem described the Greek government’s pension reform proposal as a serious one, but then went on to say that “the numbers still do not add up,” reaffirming...
Economy
Government Minister Seeks to Reassure Angry Greek Farmers Pension Reform is Beneficial
As the country is at present in the grips of strike over the government’s plan to proceed with further cuts in pension benefits and impose additional austerity, senior level government officials are pulling all the stops to reassure angry...
Economy
Soros Says EU in Throes of Collapse and Greek Problem Has No Solution
Speaking on Bloomberg from Davos, George Soros said that the European Union is facing an existential crisis and that the refugee crisis is leading to the collapse of the European Union.
He also commented on the ongoing Greek debt drama...
Crime
EU Court of Human Rights Condemns Greece for Human Trafficking Case
The European Court of Human Rights on Thursday condemned Greece for not taking action to protect a Nigerian woman who was victim of a human trafficking ring that was exploiting her for two years.
Pointing to "police negligence" and "investigation...