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Greek News

World Cup 2018 Qualifiers: Tricky Task for Greece

The draw that took place in Russia on Saturday, July 25, determined that if Greece qualifies for its third FIFA Wold Cup finals in a row, the team will be placed in the same pool as fellow 2014 finalists Bosnia...

Greek Deputy FinMin: 'Latest Measures Will Help Tackle Problems Due to Capital Controls'

The recent batch of measures taken by Greece's government will, to a large extent, solve the problems faced by businesses due to the imposition of capital controls, Deputy Finance Minister Dimitris Mardas said on Sunday. Appearing on Greek TV, Mardas said that the...

SYRIZA Left Platform Leader Lafazanis Sticks to Hardline Stance

Sticking to his guns, SYRIZA's Left Platform leader Panagiotis Lafazanis insisted that the Greek government will lose support within the party if it continues down a pro-Memorandum path. "If the government becomes irretrievably identified with new and old Memoranda and the policies that...

Varoufakis' Approved Plan B Included Hacking and Hijacking

Wiretapped tax identification numbers, hacking, secret accounts for each Greek taxpayer and banks that could operate with euros but instantly change to a drachma-based system were just some of the surreal proposals included in former Greek Finance Minister Yanis...

Greek State Minister: 'Resorting to Snap Elections Soon Is a Possibility'

Greece may soon be forced to resort to elections once again, Greek State Minister Alekos Flabouraris said in an interview to newspaper "Epochi." "Elections, like a referendum, are democratic processes that are necessary when there are problems, so that the people can provide...

10 Types of Seafood You Have to Taste in Greece

Sit under the shade of a tree in a picturesque Greek restaurant by the sea, grab a glass of wine or ouzo, and let locals guide you through a wide list of traditional Greek seafood dishes, all made of good quality fresh...

Greek Passenger Vessel Runs Aground in Aegean Sea

A passenger vessel (Flying Cat) with a total of 253 people on board ran aground off Tinos island in the Aegean Sea on Sunday, the Greek Coast Guard said. No injuries or severe damage have been reported while an evacuation...

Flashback to Ancient Greece's Brilliant Inventions

An exhibition, entitled "The amazing inventions of the ancient Greeks," hosting functional replicas of some of the most inventive ancient Greek creations, will be held at the Herakleidon Museum in Athens from August 1, 2015, to January 10, 2016. Visitors will have...

Greek Bailout Talks Expected to Start Tuesday

Greece will start talks with its international creditors over a new bailout package on Tuesday, while the mission chiefs will arrive in Athens with a couple of days delay for technical reasons. "The reasons for the delay are neither political...

IMF Receives Greek Request for New Loan

The International Monetary Fund stated on Friday that it had received a letter containing Greece's request for a new loan. "We will discuss with the Greek authorities and with our European partners the timing and the modalities for the...

Greek Forum of Refugees: '43 Families Living in Tents in Athens'

There are currently 43 refugee families living in tents pitched in the Pedion tou Areos park in central Athens, the organization Greek Forum of Refugees said on Friday. Releasing the figures found during a count carried out on Wednesday...

Guardian: 'It Could Take 100 Years to Raise 50bn' – A Plan Destined to Fail

The British Guardian recently published an article about the new 50-billion-euro fund that will be set up to arrange privatizations in Greece. However, the reporters, Jennifer Ranking and Helena Smith, do not appear optimistic, about the plan, since they...

New Greek Ministerial Decision Regulating Capital Controls Issues

A new ministerial decision regulating certain problems that emerged after capital controls were imposed on Greek banks, will facilitate money transfers for businesses. However, the decision did not include measures about checks. According to a senior official in the Greek...

Microsoft Releases Greek Mythology Pack For Minecraft

Fans of Minecraft and ancient Greek culture will be pleased to know that Microsoft has released a new Greek Mythology mash-up pack for Minecraft on Xbox. The pack, which is now available for Minecraft: Xbox One Edition, Minecraft: Xbox...

Ernst & Young: 'No Alternative to the Euro for Greece'

Ernst & Young in collaboration with Oxford Economics published a study, predicting that the impact of a Grexit on the Greek economy would be devastating, even in the case of a coordinate exit from the euro area. According to research...