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Greek News

ECB Says Purchase of Greek Bonds Depends on Compliance with the New Bailout Program

Here we go again. Mario Draghi says for the umpteenth time that the purchase of Greek debt by the ECB depends on compliance with the new bailout program. ECB’s stance on the purchase of Greek debt is similar to the...

Akinci: 'Yes' to Meeting Anastasiades and Ban in Davos

Turkish Cypriot leader Mustafa Akinci has said “yes” to holding a meeting with Cypriot President Nicos Anastasiades and UN Secretary-general Ban Ki-Moon in Davos, if it is asked of him. Akinci’s statements on Wednesday were made after Anastasiades had made...

Police Investigate After Body Found in a Freezer in Athens

Greek Police are investigating the case of a body found on Tuesday in a freezer in an apartment at the Athens district of Kallithea. The body, which belongs to a 65-year-old pensioner, was found with hands and feet bound and...

Poorly Executed Negotiation Tactics Led to Syriza’s Capitulation, Says Harvard

Ever since the outbreak of the Greek debt crisis and the subsequent bailout programs that followed (the first one in May 2010 by the Papandreou government and the second one in June 2012 under the Samara’s government), numerous analysts...

Skourletis Accuses Eldorado of 'Political Show'

Greek Environment and Energy Minister Panos Skourletis accused Eldorado Gold of staging a “political show” and of “blackmail”, saying the company's CEO must understand that “Greece is a modern European democracy”. Speaking to SKAI radio on Wednesday, Skourletis stressed that...

37-Year-Old Woman Found Dead in Northern Greece, Husband in Custody

Shocking revelations came to light regarding the disappearance of a 37-year-old woman on Sunday. The woman who used to reside in Kozani, northern Greece, was found dead on Wednesday, January 13, in a field in the nearby area. Greek police...

Photo Exhibition for Refugees in Lesvos

The Photographic Society of Mytilene is planning to present a group photo exhibition entitled "Refugees" at the society's exhibition venue, at the Lower Fortress of Mytilene on the Greek island of Lesvos from January 25 to February 5. The photos will...

European Commission Official Calls Greek Pension Reform Proposal 'Ambitious'

A European Commission official who looked at the Greek proposal on pension reforms called it "ambitious," adding that further additions and changes might be needed. The Commission official briefed the press in Brussels on the matter of the upcoming Greek bailout...

Greek Farmers, Workers and Professionals Prepare for Strikes Against Pension and Tax Reforms

A series of strikes and protest rallies by workers, farmers and professionals against upcoming pension and tax reforms has started on Wednesday in Greece with farmers symbolically occupying the headquarters of the Farmers Social Security Organization (OGA). Lawyers and bailiffs...

Greek President Pavlopoulos to Meet with Russian Counterpart in Moscow

President of the Hellenic Republic Prokopis Pavlopoulos will be travelling to Moscow in order to meet with his counterpart, Vladimir Putin, during a forum scheduled to take place on Friday, January 15. The forum will focus on world events, as well...

Greek Coast Guard Enlists Help of Robot to Tackle Refugee Issue

The Greek Coast Guard will be enlisting the help of a robot called EMILY (Emergency Integrated Lifesaving Lanyard) in order to deal with the refugee issue. The robot rescuer, developed by Hydronalix, arrived in Greece thanks to the Center...

Greek Betting Firm OPAP Asks High Court to Cancel New Gambling Levy

Greek betting firm OPAP has filed a petition with the Council of State to annul and suspend a new tax on its games, which became effective this year, the company said in a statement. Greece's Finance Ministry announced a decision last year...

Reforming Greece’s Pension System Demands a Change of Economic Course

Greece’s Civil Servants' Confederation (ADEDY) has taken a public stance on the government’s plans to overhaul an ailing pension system that will surely annoy government officials and add to their worries that public opinion is increasingly questioning the legitimacy of...

U.S. Treasury Secretary Stresses Importance of IMF Role in Greece's Bailout

U.S. Secretary of Treasury Jack Lew spoke with Greek Finance Minister Euclid Tsakalotos over the phone on Tuesday evening and stressed that it is important the International Monetary Fund (IMF) remains involved in Greece's bailout program. According to Greek television correspondent Michalis...

Greek Leadership Extends Condolences Over Istanbul Terrorist Attack

President of the Hellenic Republic Prokopis Pavlopoulos conveyed his condolences to the German Ambassador to Greece and the victims' families of Tuesday's terrorist attack in Istanbul, Turkey. A close Pavlopoulos aide at the presidency called German envoy Peter Schoof and conveyed...