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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....

Greek Prosecutors Bring Charges Against German Company Daimler

Greek prosecution authorities have announced on Monday that they are bringing charges against a number of employees of German multinational automotive corporation Daimler, who are reportedly involved in bribes to Greek officials, amounting to millions of euros. According to Greek...

S&P: Bond Investors Positive Over Greek Agreement

Bond investors in Europe "are more confident than not" that an agreement will be reached between Greece and its creditors to avoid a default, S&P Dow Jones Indices said in a report on the bond market. The report, published by Financial...

Greek PM Tsipras Repeats Optimism that Deal Will be Reached

Greek Prime Minister Alexis Tsipras said on Tuesday he is optimistic that an agreement will be reached with Greece's creditors, while repeating that he will resort to a referendum if this deal is too far beyond the limits of the mandate...

Varoufakis Preparing Bill for Voluntary Declaration of Swiss Bank Deposits

The Greek government will table a new draft bill to Parliament that will allow Greek citizens to voluntarily reveal deposits held in Switzerland in exchange for a smaller tax payment, Finance Minister Yanis Varoufakis said on Tuesday. Speaking to reporters after...

Eurogroup President: Greece Will not Make it Without Aid

Eurogroup President Jeroen Dijsselbloem said on Tuesday that a recent reshuffle of Prime Minister Alexis Tsipras' negotiating team will not resolve the impasse between Greece and its creditors by itself, and Athens will need new loans to stay afloat. "Without further loans, Greece will...

South East European Film Festival To Honor Oscar-Winner George Chakiris

The South East European Film Festival (SEEfest) will celebrate its 10th anniversary beginning April 30th, with a special opening night gala at the Writers Guild Theater in Beverly Hills. This year the festival will place the spotlight on the...

Olympiakos Owner Marinakis Charged with Match-Fixing and Other Offenses

Greek Super League champions Olympiakos Piraeus owner Evangelos Marinakis was charged by prosecutors with a series of alleged offenses including match-fixing. Marinakis, 47, a Greek shipping magnate, has owned Piraeus' hometown team Olympiakos since mid-2010, while he also served as president of...