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Greek News

Messages from the Play were Very Strong, President Says

The messages sent in the play we just watched are very strong, Cyprus President Nicos Anastasiades said, in statements with Turkish Cypriot leader Mustafa Akinci, with whom he watched a theatrical play at Rialto Theater in Limassol. The play "Cyprus: Saddened...

Greek Economy Shrank by 0.2% in Q1‏ and Revenue Collapse in May

The Greek economy shrank by 0.2 pct in the first quarter of 2015, in contrast with the Eurozone and the EU-28 which grew by 0.4 pct in the January-March period, Eurostat said on Tuesday. In a report released here, the...

FinMin Varoufakis: Greece Wants a Deal-Solution

"The Greek government wants a deal-solution. It wants this one to be the final negotiation," Finance Minister Yanis Varoufakis said in an interview with ANA-MPA and expressed the view that European leaders can reach a deal in a few...

Tsipras: 'Creditors Must Acknowledge Their Program Failed'

Greek Prime Minister Alexis Tsipras is willing to reach an agreement with the creditors, if they made a few concessions, despite the fact that they have not yet admitted the failure of their program. In an interview with the...

Greece Submits New Reform Proposal to Creditors

The European Commission (EC) has confirmed it has received a new reform proposal from Greece, which could finally unlock bailout money for the embattled nation. Reuters said officials from the EC had confirmed receipt of the document, which is thought...

Greece: How to Default on Sovereign Debt

By Odette Lienau The financial brinkmanship over Greece’s debts has raised the question of whether (or when) the country will default. To be sure, it would be far better for Greece and its creditors to reach a negotiated solution. But...

From Greek Civil War to SYRIZA's Rise to Power in 5 Minutes [Video]

Paul Mason is a British journalist on Channel 4 who recently created an impressive five-minute video, in which he scrupulously describes the rise of Greek leftist party SYRIZA to power in January 2015. Mason's narration begins with the Greek civil war...

Homer’s Iliad to Become Epically Viral This Summer

One of the most brilliant epic poems in ancient history, The Iliad, is set for a marathon performance this summer as part of Almeida Greeks Festival. Theater director Rupert Goold decided to direct "The Iliad" according to Homer's original 15,000 line epic...

The Milky Way over the Temple of Poseidon: NASA Features Picture of Greek Photographer

Although it may look like a lighthouse, the rays of light near the horizon actually emanate from the Temple of Poseidon at Cape Sounion, Greece. Some temple lights are even reflected in the Aegean Sea in the foreground. In spite...

Strong Earthquake Off Evia Island Rattles Athens

An earthquake with magnitude 5.2 occurred near Athens, Greece at 01:09:02.90 UTC on Jun 9, 2015. There have been no immediate reports of damage or injuries. According to the Geodynamic Institute in Athens, the quake occurred early Tuesday morning in...

EU-Athens: Attempting to Bridge the Gap

Away from the limelight and the media, Greek Alternate Foreign Minister for International Economic Relations Euclid Tsakalotos and Greek State Minister Nikos Pappas attempted to bridge the gap between Greece and its creditors, and pave the way for the...

Bonhams Returns Ancient Hermes Head Illegally Smuggled Out of Greece

At the presentation of an ancient marble head depicting the god Hermes, returned to Greece on Monday from Bonhams auction house as the product of illegal antiquities smuggling, Greek Alternate Culture Minister Nikos Xydakis said it is proof of what...

Greek Parliament President to Ask BoG Governor to Testify Before Parliament on Siemens Case

Parliament President Zoe Konstantopoulou said on Monday she plans to summon Bank of Greece (BoG) governor Yiannis Stournaras, a former Greek Finance Minister, to testify before the Parliament's Institutions and Transparency Committee in connection with the Siemens case, so that...

Greek PM Tsipras to Propose Recognition of Palestine

Greek Prime Minister Alexis Tsipras told Palestinian Authority Foreign Minister Riyad al-Maliki on Monday that he will support a SYRIZA initiative to propose the recognition of the Palestinian state by the Greek Parliament, sources said. The proposal will be submitted by...

Thousands of People Visit the Cyprus-Russian Festival

This year’s Cyprus-Russian Festival exceeded every precedent, both in attendance, as well as entries in the artistic program. The 10th Cyprus-Russian Festival was held at Limassol Municipal Gardens, in collaboration with the Municipality of Limassol, the Russian Embassy and...