Greece
Economy
Financial Times: IMF Considers Presenting Greece with 'Cyprus-Like' Proposal
The International Monetary Fund (IMF) is considering to present Greece with a "Cyprus-like" severe bailout plan proposal, according to a Financial Times report.
With Greece having difficulty meeting its domestic obligations in public sector salaries and pensions, it is very unlikely...
Greece
Restored 'Moutzouris' Locomotive Returns to Kalavryta Railway
A slice of living history, the original DK 8001 steam locomotive, locally known in Greece as "Moutzouris," that first ran on the tracks of the Diakofto-Kalavryta rack railway has been put back to work, offering visitors a unique...
Greece
Greek Foreign Minister to Participate in EU Foreign Affairs Council
Greece's Foreign Minister Nikos Kotzias will be in Brussels on Monday, May 18, to participate in an EU Foreign Affairs Council (FAC) meeting, according to a Greek Foreign Ministry announcement.
The FAC proceedings will begin with a joint working breakfast of...
Economy
Greek PM Tsipras Seeks Deal Amid Reactions Within SYRIZA, Election Talk
Greek Prime Minister Alexis Tsipras is seeking a realistic deal with creditors that will leave both sides satisfied amid voices within SYRIZA that call for a rift with the European Union. He even says that if the agreement is...
Basketball
Real Madrid Wins Euroleague Title After Beating Olympiakos 78-59
Olympiacos lost its chance to win a 4th European Basketball Championship, as Real Madrid beat the Greek team 78-59 and became the 2015 Euroleague Champion.
With more than 2,000 Greeks on their side, the Piraeus team was able to sporadically stun the Spanish defense...
Economy
New Democracy Accuses Greek Govt of Unreliability After Report on Alleged Letter to IMF
Greek main opposition New Democracy accused the government of being unreliable following a Greek newspaper report, according to which Prime Minister Alexis Tsipras has allegedly sent a letter to the IMF, warning the Fund of Greece’s imminent bankruptcy.
“This recital of unreliability,...
Business
GetCruiseINN: The First Entrepreneurial Contest On Board
The collaboration between StartupBus Greece, Thinkbiz and Celestyal Cruises offers talented students the chance to join GetCruiseINN, the first entrepreneurial contest on board.
The participants will enjoy a magnificent Mediterranean trip traveling with cruise ship Celestyal Odyssey from Piraeus to Mykonos, Kusadasi, Rhodes,...
entertainment
Greek Director Costas Gavras: 'Some People don't want Tsipras to Succeed'
There are some people who don’t want Prime Minister Alexis Tsipras and his government to succeed in Europe because they prefer to have “yes-men,” award-winning Greek-French film director and producer Costas Gavras told the Athens-Macedonian News Agency in an...
Economy
Institutions: 'Greece Will Need A Third Aid Package'
Greece will need a third bailout package this summer in order to avoid a potential default, sources close to the institutions involved in European negotiations have told German daily newspaper Die Welt.
European creditors believe that even if Greece receives the current...
Economy
Negotiation Between Greece and its Creditors Is Entering the Final Phase
The negotiation between Greece and its creditors is entering its final phase and since last week, the government has issued specific directions to its representatives at the Brussels Group to speed up the process, it was announced on Saturday.
The Greek government...