Greece

Reuters reported that Eurozone country leaders attempted to block the IMF’s decision to publish a report regarding the Greek issue, where the Fund admitted that the Greek debt is unsustainable and requires relief. The report vindicated the leftist SYRIZA government,...

Greek Finance Minister Yanis Varoufakis and Hellenic Bank Association President Louka Katseli have refuted a Financial Times report regarding a 30% haircut on Greek deposits. The report is “baseless” said the Hellenic Bank Association President, stating that she had also contacted...

Amidst the financial deadlock in Greece, as the talks between Athens and its international creditors are frozen until the Greek people voice their opinion regarding the proposed bailout package in the July 5 referendum, travel operator TUI Group has decided...

Greeks are almost evenly split between a "Yes" and "No" vote in Sunday's referendum, according to an opinion poll published on Friday. The poll was conducted between June 30 and July 2 for the Sunday edition of newspaper "Avghi." Those intending...

In a televised message on Friday, "To Potami" leader Stavros Theodorakis called for a unity government after Sunday’s referendum in order to avoid elections. “Our proposal for Sunday night: A government of national unity with the participation of SYRIZA. I want to...

The first safe estimate of tomorrow's referendum results on a proposal submitted by Greece's creditors will be known two hours after the ballots close, at about 9:00 pm Greek time, Singular Logic - the company responsible for handling and transmitting the results - said...

  One day before Greeks vote in a referendum to accept or reject a bailout deal the EU has offered them, the European Financial Stability Facility issued a statement "reserving its rights to act upon Greece's default." With the Greek Banks closed...

The people of crisis-hit Greece will vote today YES or NO to the latest deal from the country’s creditors in a referendum that caused the Greek banks to close worsening the country's condition. No matter what the outcome of...

The latest victim of Greece's crisis have been students and academia that lost access to electronic journals, a vital source to continue their research and studies. The Hellenic Academic Libraries Link (HEAL-Link), the Internet portal that provides scientists in many...

Amidst fears of financial catastrophe, Greek banks are considering to tap into depositors funds the Financial Times reported citing bankers and businesspeople with knowledge of the measures. "The plans, which call for a haircut of at least 30 per cent...