Greek News

With the economy slowing down as the imposed capital controls are now well into the second week, Greece’s most profitable industry, tourism, could be at risk. According to the Associated Press, five associations sent a letter to Greek Prime Minister Alexis Tsipras warning...

Spanish Podemos party leader and MEP Pablo Iglesias said in his address to the European Parliament on Wednesday that "times change" and called on Socialists to change tactics. "Europe is not destroyed because there are citizens that say in a...

The common front that was created during Monday’s political leaders’ summit has been followed by criticism towards Greek Prime Minister Alexis Tsipras by his opposition and has become a source of frustration with the prime minister for Greece’s political leaders After Tuesday’s...

Greek Prime Minister Alexis Tsipras took the podium again after European lawmakers commented on his speech to the European Parliament. Tsipras said in his rejoinder that the discussion is about the Eurozone's future. The confrontations only had political content...

Greece’s request for a loan from the European Stability Mechanism (ESM) is currently being reviewed by Eurozone technical experts in the Euro Working Group, according to Reuters. However, it was announced that there will not be a conference between...

A photograph picturing an elderly Greek man crying because he was not able to withdraw his pension after the imposition of capital controls has made news headlines last week, showing the world the situation that exists in the country. The photograph...

As Greece negotiates a potential bailout, Swiss airline Edelweiss is taking extra precautions when flying to the crisis-hit nation. Pilots have been told to carry more than $11,000 to cover costs, as the nation is largely operating on a...

Several wealthy Greek families in the northern and southern suburbs of Athens started preparing to leave the country, as soon as the capital controls were imposed. Over the last few days, the passport issuing offices of the Greek police have...

23 robot systems and software teams from the US, Japan, South Korea, Germany and Italy took part in the "Robotics Challenge" held at Fairplex in Pomona, California, from June 5 to 6. The DRC finals, organized by the Defense Advanced Research Projects...

Greece’s close relationship with Russia, or at least its portrayed close relationship, is not likely to earn the crisis-stricken country special treatment anytime soon. On Tuesday, Andrey Kostin, President and Chairman of the Management Board of the second largest Russian Bank, VTB, said...

Legendary Greek composer Yanni, with over 500 million people in over 140 countries across the globe having witnessed his unique live performances, has set a new date with his admirers, this time in the United Arab Emirates. His powerful instrumental...

The Greek government made a formal request to the European Stability Mechanism asking for a bailout program to help pay its debts and bring its crisis-stricken economy back from the road to bankruptcy. The European Stability Mechanism, Europe's financial rescue...

The Greek government's determination to proceed with the negotiation in order to close a deal based on the people's mandate and its decision in Sunday's referendum, underlined on Wednesday Alternate Social Insurance Minister Dimitris Stratoulis speaking to private ANT1...

"We, as socialists, will never, ever accept a Grexit," stated president of the Progresive Alliance of Socialists and Democrats Giani Pittella, after the Greek prime minister's speech in the European Parliament. "Mr. Tsipras, you don't belong in my party, but at...

The Greek Finance Ministry dismissed a recent news article, which claimed that the government was preparing to pay state pensions with IOUs. The Greek newspaper Kathimerini, noted that Greece’s General Accounting Office was preparing to issue a second currency (IOUs),...