Greek News
Economy
No Deal Today for Greece, 'New Proposal Is Good Basis for Talks,' EU Officials Say
The new Greek proposal is a good basis for further talks but no deal can be reached today at the emergency Eurozone summit, said Eurogroup President Jeroen Dijsselbloem.
Greece's creditors said that they did not have time to evaluate the new...
Archaeology
Τhe Μystery of the Antikythera Shipwreck Further Unfolds
The Ephorate of Underwater Antiquities, in collaboration with the American Woods Hole Oceanographic Institution, has completed the digital underwater surveying and dimensional precision display of the Shipwreck of Antikythera.
Last year's imprinting pinpointed the exact shipwreck site of the vessel...
Greece
Thessaloniki: Blogtrotters 2015 Goes Viral on Social Media
Forty-five travel, lifestyle and urban bloggers from Germany, France, UK, Spain, Italy, Austria, Switzerland and Poland participated in Blogtrotters 2015, an annual event for the promotion of Greece and especially Thessaloniki, Halkidiki and Mount Olympus. This year, the event...
Economy
Greek Public Sector Pensioners Reach Almost Half a Million in 2014
The number of public sector pensioners reached 468,422 in 2014 and cost almost 6 billion euros, while 55.176 were added in the past five years, according to figures given by the General Accounting Office.
The figures were presented to the...
Economy
Greek Labor Minister: No Cutbacks in Pensions and Social Insurance
"The Government's stable efforts to defend Greece's interests and to reach a mutually acceptable deal defines the possibilities for an agreement," Greek Labor Minister Panos Skourletis on Monday stated to VIMA FM. Skourletis said that "we have reached a...
Economy
Greek PM Tsipras: Our Aim Is to Achieve an Economically Viable Agreement
Greek Prime Minister Alexis Tsipras, upon his arrival at the European Commission headquarters in Brussels on Monday, referred to the key points of the agreement proposed by the Greek government.
Tsipras is currently meeting with European Commission President Jean-Claude Juncker....
Economy
ECB Approves Additional Liquidity for Greek Banks
According to Reuters the European Central Bank (ECB) raised emergency funding for Greek lenders for the third time in less than a week.
The Governing Council increased the cap on Emergency Liquidity Assistance in a telephone conference on Monday, and...
Australia
Τhe Largest Contingent of Greek Winemakers Tour in Australia
The Interprofessional Organisation of Vine And Wine of Greece noted that the Australian wine and hospitality industries will have the opportunity to dive into the most comprehensive Greek wine masterclass series ever held in the country, as the largest...
Economy
'I Will Not Vote for VAT Increase in the Greek islands', Warns Defense Minister
Greek Defense Minister Panos Kammenos warned the government that he will not support an increase on value added tax in the islands.
The leader of Independent Greeks (ANEL), junior coalition partner in the SYRIZA-led government, said that he is prepared...
Economy
Greece Sends New Proposal Ahead of Emergency Euro Summit
The Greek government sent its new proposal to the European Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF) around 1:00 am on Monday.
The European Commission chief of staff Martin Selmayr confirmed that the new, improved...
Cyprus
Grexit – Critical Times for Greece
Yesterday, supporters of Greece against IMF EU-Troika’s economic blackmailing tactics to break down the Greek spirit brought thousands of people out into the streets. It was a great success attracting masses of people of all nationalities to flood squares...
Greece
Greek Islands Can't Handle Mass Migrant Influx
The situation in several islands of the Aegean Sea is out of control as hundreds of refugees and irregular migrants arrive daily from the coasts of Turkey, creating grave problems to local communities.
Refugees from war-torn Syria and irregular migrants...
Economy
Italian PM and French President Optimistic Over an Agreement Between Greece and its Creditors
Italian Prime Minister Matteo Renzi and French President Francois Hollande on Sunday, during a press conference given after their meeting in the international exhibition in Milan, expressed their optimism that a solution between Greece and its creditors will be...
Economy
Main Opposition Leader Samaras Proposes National Consensus
Greece's stay in the eurozone is non negotiable, main opposition New Democracy (ND) leader Antonis Samaras said in an interview with Sunday's Kathimerini newspaper. "Greece's exit from the eurozone," he said "it would have serious repercussions."
Samaras also stressed the...
Economy
Tsipras Calls Merkel, Hollande, Juncker to Present Mutually Beneficial Proposal
Prime Minister Alexis Tsipras on Sunday had phone contact with German Chancellor Angela Merkel, French President Francois Hollande, and European Commission President Jean-Claude Juncker to present a proposal for a mutually beneficial agreement.
Tsipras told the top European officials that...