Greek Crisis
Economy
Greek Consulate Building in Izmir for Sale
Frantic to find cash in a crushing economic crisis, Greece has begun the selling-off of some of its diplomatic properties, putting its Consulate in the Turkish cit of Izmir on the market, the news agency Anadolu reported. The asking...
Greece
French PM Jean-Marc Ayrault Supports Giving Greece More Time on Deficit
Greece should be allowed more time to meet deficit targets set by international lenders provided it is sincere about reforming its economy, French Prime Minister Jean-Marc Ayrault said on Sunday.
Near-bankrupt Greece needs the European Union and International Monetary Fund's...
Culture
Greek Crisis Becomes a Comic Film
A Greek, his German girlfriend, and their Spanish and British neighbors meet during a moment of life crisis. This is the story of a new film called "A Very European Break-Up" which portrays the European crisis in a more personal...
Economy
Greece's Shortfall Almost Double, Could Hit $26 Billion
Greek Prime Minister Antonis Samaras' hopes to get his reluctant coalition partners to go along with $14.6 billion in additional cuts demanded by international lenders – and for Greeks to believe his promise that another round of austerity measures...
Economy
Most Greeks Feel New Austerity Measures are Unfair:Poll
An overwhelming majority of Greeks believe new austerity measures the government has promised its international lenders in exchange for more financial aid are unfair and hurt the poorest sections of society, a poll showed on Saturday.
More than 90 percent...
Greece
Opinion Poll Gives Opposition Syriza Party Narrow Lead
Greece’s main opposition Syriza party would have a narrow lead over Prime Minister Antonis Samaras’s ruling New Democracy party if elections were held now, a Metron Analysis poll for tomorrow’s edition of Ependytis showed.
Syriza would get 27.7 percent of...
Greece
Monti Praises Samaras' Handling of Crisis
Italian Prime Minister Mario Monti and Greek Prime Minister Antonis Samaras met on Sept. 21 and agreed that it was "absolute necessity to safeguard the integrity of the euro area," the Italian government said, referring to the troubled Eurozone...
Economy
EU Comm: Troika Team To Take ‘Brief Pause’ In Greek Talks
The negotiations between Greece and its international creditors will take “a brief pause” and most of the team of international inspectors will leave Athens for about a week, a European Commission spokesman said.
The break had been decided “for some...
Economy
Protesting Greek Police Pepper-Sprayed by Police
Greek police officers staged a protest outside the Prime Minister's office on Sept. 20, with some even pepper-sprayed by police on duty as they demonstrated against new austerity measures the government is planning.
Officers guarding the central Athens building sought...
Cyprus
Greece Sells off London Consulate
Greece intends to sell high-end properties in London, Belgrade and Cyprus as part of a privatisation programme designed to free up cash and appease its bail-out rescuers, including a palace and royal graveyard.
Greece is marketing its 10,000 square foot...