Greek News
Economy
Greece's Debt Crisis Explained in 20 Charts
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By Thanasis Delistathis* / @tdelistathis
Friends often ask me to opine on the Greek debt crisis. They are looking for some insight into what is going on and why the country is at the brink of bankruptcy. I suppose they...
Europe
Greek Doctor-Turned-Artist Charms Audiences With her Music
Xanthoula Dakovanou is a Greek singer and doctor who has managed to combine her two passions -medicine and music- through her studies. She lives in Paris, France, and tries to cure people in various European communities, but also across the world...
Greece
FIFA Satisfied With New Changes in Greek Soccer
The Fédération Internationale de Football Association (FIFA) sent positive feedback concerning the changes in Greece's new sports law, dropping the threat of a Greek soccer's "Grexit" from all future international tournaments.
In a letter made public by the Hellenic Football Federation (EPO) on Friday, FIFA expressed its satisfaction on...
Economy
Tsipras-Juncker Meeting Conducted in 'Good Atmosphere'
A meeting on Friday between Greek Prime Minister Alexis Tsipras and European Commission President Jean-Claude Juncker was conducted in a good atmosphere of mutual understanding and cooperation, Greek government sources reported.
During the approximately half-hour meeting, Tsipras briefed Juncker...
Business
Luxury Car Sales Increase in Greece Despite Crisis
More than eighteen automotive companies operating in the Greek market recorded a sales increase during the first quarter of 2015.
A partial list of the companies that saw a sales increase in the first quarter of the year includes: Peugeot...
Greece
November 17 Terrorist Xeros Gets Additional Defense Time for Breakout
Convicted November 17 terrorist Christodoulos Xeros on Friday was given additional time to prepare his defense on his breakout plan and alleged help to members of Conspiracy of the Cells of Fire anarchist group escape.
Xeros requested more time to...
Economy
Greece's Current Account Deficit Up in Q1
Greece's current account balance showed a 404-million-euro deficit in March, up 316 million compared to the same month last year, the Bank of Greece (BoG) said on Friday. In a monthly report, the central bank attributed this development to a decline...
Economy
German Finance Ministry: IMF's Role in Greek Debt Negotiations Essential
The role of the International Monetary Fund (IMF) in negotiations over Greece's reforms program is absolutely necessary, according to Germany's Finance Ministry.
"We believe it is absolutely essential that the IMF participates," Finance Ministry spokesman Martin Jaeger said in a regular government...
Economy
Greek MPs Get Interest-Free Loans from Parliament Fund
Greek MPs can get interest-free loans from the Parliament mutual fund with just 50 euros a month deducted from their salaries.
12 lawmakers from all parties except the Greek Communist Party (KKE) have been approved so far and taken interest-free...
Greece
4.1Magnitude Earthquake Strikes Ionian Sea in Greece
A 4.1-magnitude underwater earthquake struck the Ionian Sea in Greece shortly after 9:30 am on Friday, according to the National Observatory of Athens.
The quake's epicenter was located in the seabed, some 94 kilometers southwest of Argostoli, Kefalonia. There were no reports...
Economy
Every Greek has an Average of 3 Bank Accounts, Almost €29 Bln Fled in 5 Months
Greeks have a total of 34,715,719 bank accounts, which means that every Greek possesses an average of three bank accounts. Also, Greeks have withdrawn 28.81 billion euros in the November 2014-March 2015 period, according to a Capital.gr report.
According to...
Cyprus
Cyprus in Eurovision Song Contest Finals [VIDEO]
Cypriot singer John Karayiannis competed in the Eurovision Song Contest semi-finals with “One Thing I Should Have Done” and passed to Saturday's finals along with Lithuania, Montenegro, Norway, Israel, Latvia, Azerbaijan, Sweden, Slovenia and Poland.
A total of 17 countries...
Diaspora
Greeks in Campania: 500 Years of History
The Greek Community of Naples and Campania, the Italian Directorate General of Archives and the Federation of Greek Communities and Brotherhoods of Italy, in collaboration with the Greek Embassy in Rome, the University of Crete Mediterranean Studies Institute, the...
Economy
Greek Govt Seeking Comprehensive Deal Within Next 10 Days
Greece is seeking a comprehensive deal within the next ten days, government spokesman Gavriil Sakellaridis said in statements to Greek TV on Friday. Sakellaridis noted that the agreement will cover all issues, including labor and social security ones.
Asked whether Greece will retreat...
Economy
European Leaders Say No to Political Solution for Greek Debt Issue
German Chancellor Angela Merkel and French President Francois Hollande said there is no political solution to the Greek debt problem but recognized the need for a comprehensive agreement that will eventually lead to the restoration of Greek economy.
The two...