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Greek News

Varoufakis: Some Finance Ministers Criticized the Institutions' Proposal, Greek Talks to Continue

Greek Finance Minister Yanis Varoufakis said on Thursday that two documents have been submitted to the Eurogroup, one by Greece and another by creditors, adding that talks will continue until there is a solution. "Two documents at the Eurogroup. Interestingly,...

Gerry Rice: IMF does Not Expect Greece to Miss June 30 Payment

The International Monetary Fund (IMF) expects Greece to make a 1.5-billion-euro debt repayment on June 30 as scheduled, IMF spokesman Gerry Rice said during the regular press briefing on Thursday. He dismissed talk of default as "speculation" and said that...

40,000 Underage Girls Get Abortions Each Year in Greece

Despite the fact that the financial crisis has led to a significant reduction in abortions within the country’s borders, Greece still remains in the first ranks among European countries, with 80,000 abortions per year (the same amount as births)....

Greek Budget Primary Surplus Up in January-May‏

The Greek budget showed a primary surplus of 1.506 billion euros in the January-May period this year, from a surplus of 707 million euros in the corresponding period in 2014 and a budget target for a primary surplus of...

Greek Heritage Month Comes to an End with Greek Day on Broadway

The Greek Heritage Month of Vancouver will come to an end on Sunday, June 28, with the celebration of Greek Day, an award-winning family-friendly event that has been attraction more than 100,000 people every year since 1974. Greek Day 2015 will...

Eurogroup Meeting Suspended Without Reaching Agreement

While European leaders are preparing for the summit, the European finance ministers Eurogroup started its second meeting in less than 24 hours. Both sides presented their reform proposals, however they were not able to reach an agreement and resolve...

Italian PM Renzi: 'EU Countries Pressured to Force Grexit'

There are countries within the Eurozone pushing for Greece’s exit from the monetary union, warned Italian Prime Minister Matteo Renzi, admitting that Greece's partners want the Grexit to happen. Greek people and the Greek government need to know that there...

Eurogroup Chief: Greece Has Not Agreed With the Institutions' Proposal

The Greek side has not agreed with the text the institutions have submitted to the Eurogroup, said Eurogroup chief Jeroen Dijsselbloem. "We will present to the ministers the documents that the institutions have jointly drafted. We do not have the...

Greek FM Kotzias Agrees on Confidence-Building Measures with FYROM's Counterpart

The Foreign Ministers of Greece and FYROM, Nikos Kotzias and Nikola Poposki respectively, agreed on Wednesday on 11 confidence-building measures in the sectors of education, culture, trade, transport, energy, domestic security and justice, but also ways to restore political...

Europe Shows its Ugly Face to Tsipras and, Consequently, Greece

  Back in the good old days -- just a few weeks ago -- every time the Greek Prime Minister went to Brussels or to a European Union meeting, European Commission President Jean-Claude Juncker would hug him, kiss him, even...

Greek Doctors Suspended for Bribery and Extortion Back to Work

Doctors who had been suspended for bribery or extorting money from patients are back in the National Health System under the new law according to which all public sector employees who were suspended by the previous government, will be...

Russia to Extend Embargo on Western Food Imports, Including Greek Products

Moscow is to prolong its embargo on Western food imports in response to the extension of sanctions imposed on Russia by the European Union. The embargo includes Greek agricultural products. Russia's embargo on products from European Union countries, U.S.A., Australia...

ECB Assesses Greek banks' Liquidity Condition on a Daily Basis‏

A European Central Bank board teleconference meeting on Thursday reassessed liquidity conditions in Greek banks. Bank sources told ANA-MPA that the Bank of Greece "took as much ELA it requested." However, there is no official information over if and how much...

ND Leader Samaras: If Greek Gov't Loses MP Support on Deal, a Transitional Gov't Is Needed

If the Greek government majority does not support the potential agreement between Greece and its creditors whenever it comes to parliament, then a different government formation should be formed, main opposition leader Antonis Samaras told Crash magazine in an...

Greece's First Completely 'Green' Island

Tilos is a small Greek island that was known for its herbs and myrrh during ancient times, while today the island is famous for its fragrant honey, rocky beauty and a small plain that pops like a green firework. The island will become...