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Greek News

Greek Βank Deposit Οutflows Eased in March

Greek bank deposit outflows showed a significant decrease in March, reducing fears regarding the country’s banking system that has suffered a shock by the enormous fund outflow recorded during the past few months. According to the European Central Bank’s (ECB)...

Greek Community of Montreal to Rebuild Orthodox Church After Fire

Koimisis Tis Theotokou Greek Orthodox Church, also known as Panagitsa, in Park Extension, Montreal, was destroyed when a fire broke out on Monday, April 13. Greek Orthodox Community members in the area were devastated therefore they organized a fundraiser...

ECB Raises Funds Available to Greek Banks via ELA by 1.4 bln Euros

The European Central Bank on Wednesday decided to raise the funds available to Greek banks from the Emergency Liquidity Assistance (ELA) system by 1.4 billion euros, to 76.9 billion euros. Bank of Greece sources said the banks have not yet...

EU Commissioner Moscovici: Negotiations Are Not Going Fast Enough

European Commissioner for Economic and Financial Affairs Pierre Moscovici stated on Wednesday that the talks between Greece and its lenders to reach an agreement are conducted "under better conditions" after the establishment of a political negotiation group by Athens,...

Greek Alt. Social Insurance Min: We Cannot Agree on Measures that Kill the Economy

Greek Alternate Social Insurance Minister Dimitris Stratoulis on Wednesday in statements to MEGA TV lashed out at Greece 's creditors on their demand not to implement the 100-installment settlement. "Do we have to surrender because we have run out...

Athens Denies that Varoufakis was Sidelined After Eurogroup Chief's Suggestion

The Greek government denies allegations that Greek Finance Minister Yanis Varoufakis was sidelined from Greece's negotiation team after the suggestion of Eurogroup President Jeroen Dijsellbloem. Speaking to RTL Nieuws on Dutch television, Dijsellbloem spoke extensively about the Greek issue among other things...

Greek Rhythmic Gymnastics Team Travels to Minsk

The Greek rhythmic gymnastics team will travel to Minsk, Belarus, where it will represent the country at the European Championship from May 1 to 3. The team will include Varvara Filiou and Korina Alevrogianni who will participate as individuals, as well...

Greek Gov't Tables Amendment Extending 'Write-off' of Tax Fines Until May 27

An amendment tabled in Parliament by Greek Alternate Finance Minister Nadia Valavani on Tuesday extends until May 27 the closing date of a measure allowing tax-payers settling any portion of overdue tax debts to "write off" an equivalent amount...

Greek Gov't Rushes to Table Measures in Order to Reach Deal

The Greek government is rushing to table new measures and reforms on Thursday to get cabinet approval in an effort to reach a deal with creditors as soon as possible. The financial team is working feverishly so that the omnibus...

EuroLeague:Giorgos Printezis Tops the Playoffs Highlights (Video)

The three-pointer buzzer-beater that sent Olympiakos to the 2015 Final Four and Barcelona back home was voted the top play of the Euroleague playoffs. The Turkish Airlines Euroleague's official site put together the top 5 plays of the 14 games...

Greek FinMin Yanis Varoufakis Assaulted at Athens Restaurant

A group of about 30 youngsters verbally attacked and threatened with violence Yanis Varoufakis and his wife Danae Stratou as they were dining at a restaurant in central Athens, Greece. The incident happened around 11pm on Tuesday in the Exarchia area, a well-known Athenian...

7 Greeks in the 500 Most Important Soccer Players on the Planet

The most popular sports magazine in the world, World Soccer, formed a list with the 500 most influential soccer players on the planet of which 7 Greeks are part of. The list consists of names such as Cristiano Ronaldo, Lionel Messi...

Euclid Tsakalotos: Who Is the Greek Economist that Sidelined Superstar Yanis Varoufakis

Greek Prime Minister Alexis Tsipras' decision to practically replace the head of the negotiating team with its European partners by sidelining controversial Finance Minister Yanis Varoufakis and replacing him with the low profile Alternate Foreign Minister for International Economic Relations Euclid Tsakalotos may...

Greek Air Traffic Safety Engineers to Hold Three-Hour Work Stoppage on April 30

The Greek Air Traffic Safety Electronic Engineers Association called a three-hour "warning work stoppage" for Thursday to protest staff and equipment shortages. The work stoppage has been called from 1:00 pm to 4:00 pm on April 30. The safety engineers service, part...

Greece, Cyprus and Egypt to Hold Summit Over EEZ and Regional Security Matters

A summit between Greece, Cyprus and Egypt is scheduled to take place tomorrow in Nicosia, aiming to develop trade and investment relations between the three countries, as well as continue negotiations on the demarcation of borders and gas fields....