Greece
Cyprus
Defense Minister Underlines Greece's Support for Cyprus
Greece "is here" for Cyprus, Greek Defense Minister Panos Kammenos said on Wednesday during joint statements with his Cypriot counterpart Christoforos Fokaides in Nicosia. Kammenos arrived on the island for a two-day official visit earlier the same day.
The Greek...
Economy
Deputy FinMin: Greece's Debt Rose to 185% of GDP in 2014
Greece's public debt increased to 185% of GDP in 2014, Deputy Finance Minister Dimitris Mardas said in a press briefing on Wednesday, presenting figures from the state's General Accounting Office.
He expressed his concern over the debt's upward trend, stressing that it...
Business
Development Company Claims 'Elliniko' Acquisition Was Legal
Lamda Development, the company that has acquired the former Athens International Airport at the southern suburb of Elliniko, stated that the process was fully legal. The statement came just a few hours after Productive Reconstruction, Environment and Energy Minister Panagiotis Lafazanis'...
Economy
Chinese Premier Invites Greek PM Tsipras to Visit China
Chinese Prime Minister Li Keqiang on Wednesday telephoned Greek Prime Minister Alexis Tsipras to congratulate him on his election and extended Tsipras an invitation to visit China.
Government sources said that the Chinese Premier promised Tsipras to work toward further extending...
Economy
European Commission President: Grexit not Part of my Script
European Commission President Jean-Claude Juncker appeared in conjunctive spirit during an interview with German television Deutsche Welle, just a few hours ahead of the ongoing critical emergency Eurogroup meeting, in which the Greek positions regarding the country’s program future will be presented....
Economy
Thousands of Pro-Government Demonstrators Rally in Front of Greek Parliament
For yet another afternoon and despite the freezing cold and the light snow falling since yesterday, more that 10,000 Athenians gathered in front of the Greek Parliament at Syntagma Square in downtown Athens to express their support to the Greek...
Art
Artist Makes Poster of Varoufakis, Merkel 'Showdown'
Following the appearance of photoshopped images of Greek Finance Minister Yanis Varoufakis in social media, it was only a matter of time before graphic artists would take a shot at presenting the rising tension between the new Greek government...
Economy
Schaeuble: Greek Program Will be Implemented by the Troika, Which we Obviously Can’t Call Troika Anymore
German Finance Minister Wolfgang Schaeuble generated his own “tongue-in-cheek” moment on Wednesday, telling reporters that the “Troika will continue implementing the Greek program, which we obviously won’t be able to call Troika anymore.”
The quip emanates from the new Greek government’s...
Archaeology
First Excavation Season at Cyprus' Nissia Shipwreck Successfully Completed
Cyprus' Department of Antiquities has announced the successful completion of the two-week first excavation season at the Nissia shipwreck, in Paralimni, Cyprus. As explained, the first excavation was focused on the opening of a trial trench in the...
Business
7 Greek Companies Among Top 110 in Europe
Seven Greek companies have been included on the list of 110 leading European companies in the European Business Awards 2014-2015.
The results were announced by RSM Greece in a competition where the best European companies were distinguished with the honorary title...