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Greek News

Greek FinMin Varoufakis: Alleged 1.8 Bln Euro Gap Is Part of the Effort for Further Austerity

European Commission President Jean-Claude Juncker's statement for a 1.8-billion-euro VAT deviation between Greece and its partners is an effort from the creditors' side to impose further austerity on Greece, Finance Minister Yanis Varoufakis said on Wednesday. Varoufakis said that...

Greek-American Businesswoman Offers Free Meals to Those in Need

Greek-American Eleni Fotidou owns "Zorba" restaurant in Virginia Beach. A few days ago, while working at her restaurant, she came across a man looking for something to eat around the dumpster. She felt heartbroken. As a proud Greek, Fotidou made...

SYRIZA Radicals React to European Commission President's Comment, Insist on Grexit

SYRIZA radicals reacted to a comment made by European Commission President Jean-Claude Juncker, who said he believes that SYRIZA is not a "normal party." Juncker said that he trusts Greek Prime Minister Alexis Tsipras because he is becoming "increasingly responsible" but...

Thessaloniki: The Next Big Wedding Trend For Turks

According to recent data released by the Consulate General of Turkey in Thessaloniki, Greece, approximately twenty Turkish wedding ceremonies took place in the region in 2014. Local officials claim that the number of wedding ceremonies is expected to rise in 2015, taking into...

Greece to Present New Reforms List to Expedite Agreement

The Greek government appears optimistic over the agreement with creditors as it is ready to present a list of reforms that will include concessions on thorny issues. Despite the fact that several reports quote European officials saying that a deal with...

US Ambassador: I Personally do not Regard the Cyprus Problem as a Matter of Invasion and Occupation

U.S. Ambassador to Cyprus John M. Koenig said that he personally does not regard the Cyprus problem as essentially a matter of invasion and occupation, noting that it is up to the Cypriots to reclaim the Cyprus Dream. Koenig was speaking at an...

Italian PM Renzi: Conditions Are in Place for a Greek Deal

Italy’s Prime Minister Matteo Renzi said on Tuesday he believes conditions are in place for a deal between Greece and its creditors. "We all hope things for Greece will improve…I’m convinced to a large extend that conditions are in...

ESM Head: Tsipras Should Not Squander Sacrifices of Greeks

Greek Prime Minister Alexis Tsipras should not let the sacrifices of Greek people go to waste after all the painful reforms, said Klaus Regling, head of the European Stability Mechanism (ESM). Regling talked to German tabloid Bild on Tuesday regarding...

British Museum to Air 30-Minute Greek Art Presentation

The British Museum in London has organized a live-streaming presentation of its hit exhibition “Defining beauty: the body in ancient Greek art,” set to air on Thursday, May 28, at 6:30 pm (local time). The 30-minute live broadcast, sponsored by Julius...

Greek Auto Market Reacts Positively to Car Taxation Plans

Greek auto market officials reacted positively to a Finance Ministry plan to change car taxation, however, officials said the market should wait for the Ministry's final proposals to judge the result. Market officials said a plan to link car taxation to the...

Greek Govt Meeting on Migration with European Commissioner Avramopoulos

In a meeting with European Commissioner for Migration Dimitris Avramopoulos at the Shipping Ministry on Tuesday, the Greek government asked for an immediate disbursement of EU funds to help cope with increased migration flows. The Greek government asked for the immediate...

U.S. Firms Interested in Greek-Designed Experimental Aircraft

A single-seat and ultra-lightweight aluminium aircraft made entirely of low-cost and alternative materials by a Greek policeman in the northern city of Florina, Greece, has drawn the attention of several American companies that seek to exploit its commercial value. "Archon"...

Greek Foreign Minister Meets With American Hellenic Institute Board

Greek Foreign Minister Nikos Kotzias met with the governing board of the Diaspora organization American Hellenic Institute (AHI) in order to discuss the coordination of joint actions to strengthen national efforts in every field. AHI president and executive director Nick Larigakis...

Ernst & Young: 69% of Greek Businesses Believe There Is Corruption in Greece

Corruption and fraud issues have not yet ceased to trouble the Greek society, despite the fact that their numbers appear to have decreased compared to 2013. According to an Ernst & Young global survey, the pressure for increased revenue and international...

German Economist: Germany's Stance on War Reparations Is Scandalous

Germany's stance on war reparations to Greece is scandalous and does not fit in a just state, said German economist Rainer Thiem who took the initiative through the change.org web platform to collect signatures. In an open letter to German...