Greece

Around 100 illegal migrants, who used to stay at the Rhodes detention center, arrived at the port of Piraeus, Greece, on Tuesday. The newly-arrived migrants have no plan and do not know whether the Greek state would provide them with accommodation. They headed to Omonoia...

The Hellenic Statistical Authority (ELSTAT) released data showing a 19.1% increase in the number of museum visitors across Greece in March. Furthermore, the report noted that museum revenues also increased by 14.7%, compared to the same month in 2014. During the first quarter...

The current financial havoc in Greece has created great uncertainty, leading the country's primary consumers to postpone many of their purchasing decisions, such as buying a new car. As a result, Fiat Chrysler Automobiles and PSA Peugeot Citroën, being the most...

In a symbolic gesture that prevented another payment default, Greece repaid samurai bonds maturing on Tuesday, July 14, to private creditors in Japan. “The payment was made, the funds should be credited in the bondholders' accounts,” a Greek government...

Knight Frank, a real estate consultancy company, released a report on island real estate across the world, noting that Greece's financial policies could lead to increased sales of the country's islands. "As the long-term ramifications of Greece’s financial bailout play out more fire-sales of Greek islands are expected....

The legislation for the deal between Greece and its international creditors for a European Stability Mechanism (ESM) package was submitted to the Greek Parliament on Tuesday evening with an urgent status. The legislation is composed of two articles. One contains the agreement reached during the...

Greece needs debt relief to recover its economy after agreeing to several austerity measures in exchange for a bailout, said International Monetary Fund (IMF) Deputy Managing Director Zhu Min. "The financing is clearly a very important issue for the Greek economy...

These have been a tough two days for Greece's SYRIZA party and the Tsipras administration. At least 30 SYRIZA lawmakers have stated their intent to turn down the deal Greek Prime Minister Alexis Tsipras made with international creditors on Monday morning. Though the package...

During an interview with Bloomberg on Tuesday, Greek Minister of Economy, Shipping and Tourism Giorgos Stathakis said that banks will reopen when the European Central Bank (ECB) raises the Emergency Liquidity Assistance (ELA) to Greece, so after the various Eurozone parliaments vote...

Following the weekend’s intense negotiations, where he put forward a proposal for a temporary Grexit, German Finance Minister Wolfgang Schaeuble is not exactly viewed as Greece’s ally. Reuters reports that Schaeuble claims there are some in the German government who...