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ISIS Threatens 60 Countries Including Greece

The Islamic State has released a new video threatening the 60 countries that have allied against them. This is the first time Greece is a recipient of a threat by the jihadists. There is a picture of 60 national flags,...

New Democracy Tries to Restore Party Unity After Botched Election

Interim New Democracy president Vangelis Meimarakis stepped down in order to maintain party unity and lower the tone after Sunday's botched election for party leader. A further move on behalf of Meimarakis was to abstain from the ND parliamentary group...

Greek 'Red' Loans to be Sold to Foreign Distress Funds

Greece's creditors ask for a comprehensive bad loans settlement plan to be completed and legislated by December 15 as part of the bailout agreement requirements. After resolving the non performing mortgages issue, the Greek government has to present a strategy...

Traditional Greek Coffee Still a Firm Favourite Despite New Varieties on Offer

Greece's traditional 'boiled' coffee - known in the country as Greek coffee - remains a firm favorite within the country of avid coffee drinkers and continues to hold its own against 'newcomers' like espresso or cappuccino, the head of...

Impact of Capital Controls Was Smaller Because of Successful Government Action

There were economic consequences from the imposition of capital controls but the government deserves some credit for succeeding in limiting them with its actions, Finance Minister Euclid Tsakalotos said on Tuesday during a speech at parliament for the approval...

U.S. Secretary of State John Kerry to Visit Greece on December 4

U.S. Secretary of State John Kerry is to visit Greece on December 4 to meet with the Greek government and discuss the refugee issue and economic reforms. " will travel to Athens, Greece, on December 4 to discuss a range...

Some Greeks Turn to Elder Paisios' Prophecies on Russia-Turkey Conflict

The tension that was created after the shooting down of a Russian jet fighter by Turkish warplanes has led several Greeks to refer to Elder Paisios' prophecies about war between Russia and Turkey. The ascetic monk Paisios, who became Saint...

Bayern Munich Thrash Olympiacos in Champions League Encounter

Olympiacos's impressive Champions League run was cut short on Tuesday evening at the Allianz Arena at the feet of Bayern Munich who defeated the Greek team 4-0. Douglas Costa, Robert Lewandowksi, Thomas Muller and Kingsley Coman scored for Bayern Munich, in a victory that...

Greek Taxpayers Owe the Greek State 82 Billion Euros

Greeks owe their own state 82.3 billion euros according to data provided General Secretariat of Public Revenue, Greek media report. According to the new figures provided by the Greek Finance Ministry, overdue payments to the Greek state increased by 832 million euros...

Migrant and Refugee Flow to Lesvos Revived as 1,700 Arrive on Tuesday

Following an extraordinary day on Monday, when there were not any reports of new arrivals on the East Greek island of Lesvos, thousands reached the island's shores on Tuesday. The Athens Macedonian News Agency reports that 1,700 people arrived at Lesvos...

Bank of Greece Governor Assures Banks Deposits' Safety

Bank of Greece (BoG) governor Yiannis Stournaras reassured that deposits in Greek banks are fully secured as after the recapitalization of banks the danger of a haircut has been eliminated. Stournaras presented the new banknote of 20 euros, which will circulate...

Greek Prime Minister Will Visit Israel and Palestine This Week

Prime Minister Alexis Tsipras will pay an official visit to Israel and Palestine at a very crucial period for Middle East, the bilateral relations and Greece's role in the region. Tsipras will meet with Israeli Prime Minister Benjamin Netanyahu, the...

Meimarakis Steps Down From New Democracy Presidency

Evangelos Meimarakis announced on Tuesday afternoon that he is resigning as interim president of New Democracy, in the aftermath of the conservative party's failure to hold the scheduled presidential elections this past Sunday. The former interim chief cited the party's unity as a reason for...

Former Greek Finance Minister Speaks on Refugee Crisis and ISIL

Former Greek Finance Minister Yanis Varoufakis addressed the ongoing refugee crisis in the aftermath of ISIL's attacks in Paris, November 13, that killed 129 people. Over 850,000 migrants and refugees have arrived in Europe this calendar year, with 703,000 entering through...

Politicians and International Media React to Bomb Explosion Close to Greek Parliament

Greece's political parties have spoken out against the bomb that exploded outside the Hellenic Federation of Enterprises (SEB) in Athens on Tuesday morning. The SEV building is also located very close to the Greek Parliament on Syntagma Square, just two streets away. Although...