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Greek News

If Greece Defaults…

How a unilateral Greek default and Grexit would affect politics, policy, and the citizens' psychology elsewhere in Europe.

No Greek Deal At Eurogroup Meeting – Euro Summit On Monday

Greece's game of reaching a bridging deal with its European partners during the meeting of Eurozone Finance Ministers on Thursday afternoon in Luxembourg seems to have been lost and plans are currently underway for a top political level meeting this coming Monday. European...

3,000 Migrants Disembarked in Athens Port in One Week

Migration in crisis-stricken Greece is an issue of concern which has been recurrently coming to the forefront in different guises. The last few months, however, the flow of undocumented immigrants has eluded all limits and Greek coast guard officials do not know how...

21st Kalamata International Dance Festival

The Kalamata International Dance Festival has been continuously contributing to Greece’s artistic life for twenty one years and it has become an internationally recognized European festival, following a stable path and committing to the principles and objectives that had...

Aegean Airlines Voted Best Regional Airline in Europe

Greece's Aegean Airlines was named best regional airline in Europe for the fifth consecutive year during the presentation of the Skytrax World Airline Awards 2015. Moreover, Aegean Airlines, member of Star Alliance, secured the second place in the category "World...

Matala Beach Festival in Crete Ready to Kick Off

Matala Beach Festival will take place in an atmosphere full of music and fun in Matala, Crete, from Friday, June 19, to Sunday, June 21, with the participation of many Greek and foreign artists. The festival will also include creative activities...

IMF Chief: No Grace Period for Greece if it Misses Payment

There will not be a grace period for Greece if it misses its payment to the International Monetary Fund on June 30, said IMF Managing Director Christine Lagarde on Thursday. This means that if Athens does not repay the 1.6-billion-euros...

Olympiakos President Marinakis Released Under Bail Terms

Shipping magnate and Olympiakos FC president Vangelis Marinakis spent seven hours making his plea before the special corruption investigator, Giorgos Andreadis, regarding the organization of an alleged criminal football organization that was controlling the domestic games Olympiakos’ vice president Savvas...

Thousands of Greeks Rally in Central Athens Against Austerity

A rally was in full swing on main Syntagma square in Athens on Wednesday evening where thousands of Greeks gathered to support the government in its ongoing negotiations with the country’s lenders. With the main slogan being “We take negotiations...

Lenders Prepare a New Proposal for Last-Minute Deal with Greece

As the Greek government is not willing to make more concessions in negotiations and asks for a political solution, the European Commission and the European Central Bank are preparing a new plan to present to Greece. According to a report...

German Chancellor: 'Greek Politicians Need to Demonstrate Political Will'

"Germany's efforts aim at keeping Greece in the Eurozone, so that the people in Greece have the prospect of a better future," as in Ireland, Cyprus and other countries, German Chancellor Angela Merkel said in Parliament ahead of the...

The Guardian: 'Greece Can't Pay, Won't Pay'

The “cold war atmosphere” that prevails in the European front, particularly between the Greek government and its creditors is described in a bleak manner in Greek and foreign media. Greece was once again on the front page of various...

Tsipras: German Taxpayers are Not Paying for Greek Pensions

German taxpayers are not paying for Greek pensions and the creditors' insistence on pension cuts is inexplicable, Greek Prime Minister Alexis Tsipras told a German newspaper. "The insistence on exchange of arguments during negotiations is legitimate as long as there...

Belgians Join Solidarity March For Greek People

Over 50 organizations will hold a demonstration on Sunday, June 21, in Brussels, Belgium, to express their support to poverty-stricken Greece that is teetering on the edge of the Eurozone and protest against harsh austerity, in the framework of European...

Russia: ‘Greeks Did Not Ask For Cash’

"Greece has not asked Russia's Finance Ministry for financial assistance," Russian Deputy Finance Minister Sergei Storchak told Reuters on Thursday referring to Greek Prime Minister Alexis Tsipras' visit to St. Petersburg. "Greece's Prime Minister is visiting Russia to discuss joint projects,...