Greek News

The International Monetary Fund (IMF) said on Monday it is ready to work with the Greek authorities and its European partners to help moving forward an agreement reached during a Euro Summit earlier in the day. IMF Director of Communications Gerry Rice said in a...

Dutch Finance Minister Jeroen Dijsselbloem spoke after Monday morning's agreement on a 86-billion-euro bailout for Greece. Aside from finally reaching a deal with Greece, Dijsselbloem had another reason to be cheerful on Monday. During this Eurogroup he was reelected as Eurogroup President. The Dutch...

The first signs of dismay -but not necessarily of a crack- in the SYRIZA-ANEL coalition government regarding the 86-billion-euro bailout deal appeared just a few hours after Greek Prime Minister Alexis Tsipras agreed with international creditors in Brussels. Defense Minister and Independent Greeks (ANEL)...

The Greek government has to take back bills and amendments that were unilaterally decided after the February 20 bailout extension agreement was signed. One of the creditors' many requirements attached to the new bailout package says that "with the exception of...

A high-profile member of Spanish anti-austerity political party Podemos denounced on Monday the recent cash-for-reforms bailout deal between Athens and its international creditors and said it seems like a "financial coup d' état" aiming to transform Greece into a European "protectorate." Former...

A lot has happened during 17 hours of talks on the Eurozone's future. Before Greece and its creditors agreed on a new 86-billion European Stability Mechanism (ESM) program, there were multiple interruptions and as the night went on, reports of impasses and confrontations...

Greece's governing SYRIZA party is slowly moving toward splitting up after Greek Prime Minister Alexis Tsipras signed an agreement with the country’s creditors in Brussels, requesting for more austerity measures. 30 SYRIZA MPs have gathered to discuss about their position in the current...

After Eurozone leaders announced they had finally reached an agreement, markets reacted promptly and positively to the good news. However, leading market analysts are questioning the agreement benefits and are wondering why everyone rushed to celebrate. M&G Investments’ Jim Leaviss noted...

An agreement among the Eurozone leaders was not enough to persuade the Governing Council of the European Central Bank to give the green light for a much needed increase of the Emergency Liquidity Assistance to Greece, according to Reuters. Greek...

The stance of Greek Parliament President Zoe Konstantopoulou remains a mystery as Prime Minister Alexis Tsipras will bring the new agreement to be voted in parliament on Tuesday. Konstantopoulou voted "present" in the critical vote for the Greek bailout proposals...

After striking a deal with Greece last night, European leaders will look to successfully materialize this "Greekment." European Council President Donald Tusk was the first official to speak after almost 17 hours of hard talks among Europe's top officials that led...

The first foreign media reaction to the “Agreekment,” Greece’s agreement with its European partners, were divided. The negotiations marathon and the new agreement have been put under a microscope by journalists across the world. The German Bild published an article...

The harsh reforms required in order for Greece to reach a new bailout agreement generated scenarios about the future of the Greek government and even the future of Alexis Tsipras in the prime minister's seat. What is certain is that...

Greeks have been unable to make any transactions with countries abroad, due to the capital controls and banking system restrictions. Therefore, access to several services have been limited. Apple’s iCloud falls into this category, due to the fact that many...

Main opposition New Democracy (ND) leader Evangelos Meimarakis in a written statement noted "Unfortunately, at the last minute, we had only the choice for agreement or no agreement that would have led to total disaster." Meimarakis also underlined that "with...