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Greece

Greek Alternate Finance Minister Sues German Tabloid Bild For Libel

Greece's Alternate Minister of Revenue Dimitris Mardas filed a lawsuit against German newspaper Bild on Friday in order to restore "the truth, his honor and his reputation concerning the defamatory article that was published on May 6," he noted. According to Bild, Dimitris Mardas transferred about...

Greek Anarchists Violently Interrupt Golden Dawn Trial, to Resume June 4

Alleged members of anarchist organization Conspiracy of Fire Nuclei interrupted the Golden Dawn trial in Athens' Korydallos Prison makeshift courtroom on Friday. The assailants, who wore hoods, threw water bottles at reporters and shouted threatening slogans, such as "Fascists, we will hang...

Greek Debt: Another BRICS in the Wall

BRICS is the new catchword that plays in the lips of SYRIZA leftist hardliners. All of a sudden, a new international development bank will give Greece loans without any obligations. At least that's what Alternate Minister for Social Security Dimitris Stratoulis believes....

Greek Energy Minister: European Intransigence Leads Negotiation to a Deadlock

"Europe's problem is not the cursed left party. It is the European intransigence that is leading the negotiation to a deadlock and not the supposedly obsolete obsessions of our country. There are many and powerful circles in the EU...

Greek Council of State Greenlights Law on Arbitrary Buildings

The Greek Council of State plenary stated that a recent law for legalizing unauthorized buildings is constitutional, declaring just one of the law’s provision as unlawful. The Supreme Court encountered no unconstitutional provisions in the Greek law addressing arbitrary buildings, with the...

IMF: We Support Greece Staying in the Eurozone, We Are Flexible

Gerry Rice, Communications Department Director of the International Monetary Fund (IMF), said in a press briefing on Thursday that the organization is working closely with Europe to keep Greece in the Eurozone and they are flexible in negotiations. Answering a question where...

Cyprus Talks Resume

UN-led talks aiming to find a political settlement to reunite Cyprus, divided since the 1974 Turkish invasion, resumed this morning in the UN protected area, at the now defunct Nicosia International Airport. This is the first meeting between Cypriot President Nicos Anastasiades...

How Much Gold Does Greece Have?

The World Gold Council published its latest report on the demand of gold and the quantities held by the 40 largest countries and institutions’ gold reserves. “Top-line demand was broadly neutral – down just 11t (1%) despite substantial underlying differences across...

Greek Alt. Social Security Minister: Red Lines Do not Fade

"Under no circumstance will the government sign an agreement that will violate SYRIZA's policy statements. The red lines do not fade," Greek Alternate Minister for Social Security Dimitris Stratoulis underlined speaking to Greek TV on Friday. He also noted that in this...

Greek PM Tsipras Takes Negotiation with Creditors Upon Himself

Greek Prime Minister Alexis Tsipras takes the negotiation with the country's creditors upon himself as talks between technical teams in Brussels have stalled again. Tsipras was at the government headquarters on Thursday afternoon where the negotiating team leader, Giorgos Chouliarakis, had a...