Greek News

Greek bank subsidiaries in Cyprus are protected, Cyprus Central Bank (CBC) Supervision Department Head Yiangos Demetriou said on Friday, dismissing concerns due to the economic instability in Greece. Speaking after a meeting with managers of Greek bank subsidiaries in Cyprus, Alpha Bank Cyprus,...

Young British actor Douglas Booth -known for his roles in films such as "Romeo and Juliet" and "Noah" where he starred alongside Emma Watson and Russell Crowe- visited the Greek island of Lesvos. Booth, a UNHCR supporter, visited Lesvos...

Greece knows it. The EU knows it. Hell, we all know it wouldn’t work. This extend-and-pretend strategy of unending bailouts. No matter what emerges over the weekend or at Monday’s emergency summit in Brussels, Greece and Europe have reached the...

By Costas Milas, University of Liverpool As the current standoff between Greece and its international creditors reaches a climax, the prospects that the country will default on its debts and possibly leave from the eurozone draw closer. This has taken many...

As Greece is struggling to reach an agreement with creditors in order to secure financial aid and avoid defaulting on its debt at the end of June, Greek Prime Minister Alexis Tsipras travelled to St. Petersburg, Russia, to attend the International...

"The situation of Greece is getting critical. The current economy consistency program to Greece runs out in eleven days. Four months of negotiations have not led to the necessary compromise," European Council President Donald Tusk said, delivering a video message...

"The Greek government presented a broad, comprehensive and credible proposal on Thursday's Eurogroup that can constitute the foundation of the agreement ," Finance Minister Yanis Varoufakis said at the ECOFIN meeting. Varoufakis stressed that the Greek proposal "not only completes the existing...

Ahead of the crucial emergency summit of euro zone leaders on Monday and while bank withdrawals have accelerated significantly in Greece, European Commission President Jean-Claude Juncker expressed his exasperation with the Greek Prime Minister Alexis Tsipras during his interview at the...

The European Central Bank (ECB) on Friday raised the ceiling of emergency liquidity assistance (ELA) provided to Greek banks. Despite yesterday's dismissal, the Bank of Greece was forced to ask in an emergency teleconference on Friday the increase of the...

Athens International Airport “Eleftherios Venizelos” will transform into a music stage on Sunday, June 21, allowing passengers and visitors to enjoy a magical musical journey to celebrate European Music Day. From 12:30 pm to 1:30 pm, the Athens State Orchestra Woodwind...

The Santorini Police Department is currently under a scrutinizing investigation, after it was revealed that certain police officers and officials had been involved in a trafficking circuit, smuggling illegal migrants inside and outside of the country. In fact it was...

Many scientists believe that the first Ebola virus outbreak occurred in 1976 in the Democratic Republic of Congo (then known as Zaire) in Africa, however, a recently published study claims that the first recorded outbreak actually took place in...

“It is never pleasant to watch a relationship founder. Greece’s Prime Minister, Alexis Tsipras, has charged its creditors with trying to humiliate the country; he has accused the IMF of ‘criminal responsibility’ for Greece’s suffering. Prominent euro-zone politicians are...

An emergency Eurogroup session will be held on Monday before the Eurozone summit scheduled that day in order to discuss the critical Greek issue as the country heads for default on the International Monetary Fund on June 30. Eurozone ministers...

"We are in the middle of a storm, but we are people of the sea and we are not afraid of sailing in open seas and reaching safe ports," stated Greek Prime Minister Alexis Tsipras on Friday in his...