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Greece

Bundesbank: 'Grexit Will Cause Deficit in Germany's Budget'

Bundesbank sent a warning to the German government regarding the consequences the Grexit would have to Germany’s economy. The exit of Greece from the Eurozone is likely to create “holes” worth billions of euros in Wolfgang Schäuble’s budget, warned Bundesbank...

German Chancellor Merkel: 'Greek PM Drove Greece into a Wall'

German Chancellor Angela Merkel appeared frustrated during her speech to CDU members, published in Spiegel magazine, where she talked about Greek Prime Minister Alexis’ Tsipras’ stance and his decision to move forward with the referendum. The article stressed that Merkel...

Foreign Media Inform Tourists On Greece Situation

While Greek citizens are trying to remain calm amidst the chaotic situation in the country, after the imposition of capital controls, foreign media are constantly providing advice to tourists planning their vacation in Greece. On Tuesday, June 30, BBC published...

Germans Blame Greeks for the Crisis, yet Feel Sorry for Them

One in two Germans feel sympathetic towards the Greek people, however, they believe that the country is responsible for its current financial situation, according to a survey published in the German newspaper Bild. The survey was published on the newspaper’s...

Larnaka Festival Honored with EFFE Label

The Larnaka Festival in Cyprus was honored with the EFFE Label 2015-2016 as one of Europe’s finest festivals. EFFE (Europe for Festivals, Festivals for Europe), initiated by the European Festivals Association, is the guide for citizens and the platform for professionals...

Samaras: 'Today we Greeks Decide the Fate of Our Country'

Main opposition New Democracy leader Antonis Samaras arrived at the Pylos, Greece, polling station where he is registered to vote early on Sunday morning, smiling and relaxed as he greeted local Messinia residents in his native electoral district. "Today we...

President Pavlopoulos Casts his Vote, Urges Greeks to Remain United

Casting his vote at his local polling station, the 3rd-4th Primary School of Filothei and Psychiko, Greece, on Sunday, President of the Republic Prokopis Pavlopoulos appealed to Greeks to remain united, regardless of the outcome of Sunday's referendum. "This day...

5 Things to Know About the Greek Referendum

An attempt to explain the political and economic factors motivating the interested parties and show what is at stake in Greece and the Greek bailout referendum.

Greece's PM Tsipras Votes in Referendum; Says 'Greeks Open Path for Europe'

Surrounded by hundreds of NO supporters and international media, Greek Prime Minster Alexis Tsipras casted his ballot in a referendum that has divided Greece. The SYRIZA leader arrived at 10:30 am local time at the polling station of Kipseli, a...

Greece Referendum: What Exactly Are Greeks Voting For Today?

After a deadlock in bailout negotiations, the Greek government is now asking Greek citizens to vote YES/NO on a take-it-or-leave-it bailout proposal by Greece’s creditors. The Greek Prime Minister said that his negotiating team was given an ugly ultimatum on...