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Greece Paid 448 mln Euro Tranche to the IMF

Greece paid the 448 million euro tranche to the International Monetary Fund (IMF), senior Finance ministry sources on Thursday said in reply to an ANA-MPA query. International Monetary Fund Managing Director Christine Lagarde confirmed on Thursday that the payment was...

Lemnos – Gallipoli Project: Women in War

Preparations for the Lemnos-Gallipoli Project: Women in War are finally coming to an end. The international cultural project is organized in commemoration of the 100th anniversary since the Gallipoli campaign, which cost hundreds of thousands of lives. Thousands of...

Eide: Good and Forward-looking Meetings With Negotiators

UN Secretary General's Special Adviser on Cyprus Espen Barth Eide has said that he had good and forward-looking meetings on Wednesday with the negotiators of the two sides in Cyprus, Greek Cypriot Andreas Mavroyiannis and Turkish Cypriot Olgun Ergun. “Good,...

Swiss Banker in Custody After Testifying Before Greek Prosecutors

Swiss banker Jean-Claude Oswald was detained pending trial after testifying on Wednesday before two Greek prosecutors on separate cases involving money laundering and kickbacks in armament procurement contracts. Oswald, a former officer of Dresdner and BNP Paribas banks, testified before...

DW: Tsipras' Visit in Moscow a Failure

The visit of Greek Prime Minister Alexis Tsipras in Moscow was a failure as he got nothing but vague promises from Vladimir Putin, says a Deutsche Welle article. According to writer Barbara Wesel, the Greek Prime Minister has not learned anything...

No Progress on Greek Issue from Euro Working Group

No progress was made on the Greek issue in Wednesday's Euro Working Group in Brussels as there was no discussion for partial disbursement of the tranche Athens is hoping for. The Euro Working Group's 18 Finance Ministers met to prepare the informal...

Greece May Reach Target of 25 Million Tourists in 2015

The target of 25 million international tourist arrivals in Greece in 2015 is attainable, the Association of Greek Tourism Enterprises (SETE) said on Wednesday, following the publication of the latest statistics from the country's main airports. SETE said that by the end...

Holy Thursday; The Saddest Holy Week Day

Holy Thursday is the saddest day of the Holy Week and in the Greek Orthodox Church the events of Jesus Christ's last day on Earth are revived. Before his sacrifice for the salvation of men, Jesus wanted to dine with...

This Gadget Will Roast Your Easter Lamb By Using Only Your Brain (Seriously!)

A team of Greek students developed a gadget that will roast your Easter lamb just by using your brain while a computer software translates brain activity into data! Last year this very same team had invented what we thought was the...

Jubilee Debt Says IMF Profited 2.5 Bln Euros from Greek Bailout

The International Monetary Fund (IMF) has already made 2.5 billion euros in profit out of its loans to Greece since 2010, according to figures released on Wednesday by the UK-based non-governmental organization Jubilee Debt Campaign. In an announcement ahead of...

Greece Raises 1.1 Bln Euros from T-bill Auction‏

Greece successfully auctioned a six-month Treasury bill issue on Wednesday, raising 1.1375 billion euros from the markets at an unchanged cost. Greece's Public Debt Management Agency said in an announcement that the issue's interest rate was set at 2.97%,...

Greek Coast Guard Rescues 207 Migrants in Aegean Sea

On Wednesday morning, the Greek coast guard located and rescued 207 illegal migrants in seas around the eastern Aegean islands, in four separate operations. The first case concerned 95 illegal migrants in two inflatable dinghies sighted near a marina on the island of...

Nobelist Paul Krugman in Athens on April 17

Acclaimed American economist, Professor of Economics and International Affairs at Princeton University and New York Times columnist Paul Krugman is scheduled to visit Athens on April 17 to deliver a speech entitled "Europe: What next?" as part of the "Megaron Plus" events...

Greece Signs Turkish Stream Project

The Greek government has finally signed Russian plans for a new gas pipeline that will bypass war-torn Ukraine and reach central Europe through an alternative route, "euobserver" reported. Yesterday in Bucharest, Greek Foreign Minister Nikos Kotzias has signed a declaration of intent...

Tsipras-Putin Sign New Trade Deal and Renew Greece-Russia Relations

Greece and Russia signed a trade deal that will bring Greece 4.2 billion euros and talked about the renewal of the deal for natural gas supply to Greece. After the discussions between the two delegations, Greek Prime Minister Alexis Tsipras and...