Greek News

Greece's financial obligations until mid-April amount to 5.2 billion euros, while Europe is keeping the liquidity tap closed until the Greek government presents a comprehensive list of reforms to the next Eurogroup. By the end of March, 1.7 billion euros...

The Euro Working Group discussion on the Greek issue ended shortly after 2pm on Wednesday, March 25. The Eurozone officials decided that Greece had no claim to the 1.2 billion euros that the country requested from the European Financial...

U.S. Sen. Dan Coats (R-IN) has placed a hold on the 30th consecutive passing of a U.S. Senate resolution honoring Greek Independence Day. The Senator's stance has managed to upset Greek-Americans throughout the country. The American Hellenic Institute (AHI), a...

The Samos Divers Association celebrated Greek Independence Day on March 25 in their own unique way this year. Taking advantage of the good weather conditions, the association decided to “raise” the largest Greek flag underwater. The crystal clear waters of...

The European Central Bank (ECB) has decided to raise the Emergency Liquidity Assistance (ELA) to Greek banks. The ECB will increase funding from 68.9 billion euros to over 71 billion. The increase is the biggest this month and means the cap...

The Greek government is turning to the social security funds and Athens Metro in order to accommodate its debts and keep the country afloat, reported the Financial Times. “Athens faces a €1.7 billion bill for wages and pensions at the...

Thousands of people gathered in Syntagma, downtown Athens, Greece, despite the rain, to watch the annual military parade in honor of the Greek Independence Day, celebrated on March 25. The parade took place in the presence of the President of...

The Greek Revolution of 1821 was Greece's epic struggle for independence. Greek people had been enslaved for many centuries and the revolution was one of the most significant historic events in modern Greek history. The national regeneration struggle was long, unfair,...

E! News TV Host Maria Menounos has been named global ambassador for the Special Olympics. Her duties will include working on a celebrity engagement campaign for the upcoming games. Menounos will also serve as a co-captain for the Special Olympics Unified...

On Tuesday, March 24, it was reported that the European Central Bank (ECB) has decided to apply stricter measures in Greece's case. The ECB was supposed to officially ban Greek banks from increasing their holdings of Greek sovereign debt, trying to...

A European Commission decision issued on Monday that orders Greece to recover incompatible state aid from Piraeus Container Terminal (PCT) does not apply to any part of the Concession Agreement's recent expansion through amicable settlement to the Western...

Greek main opposition New Democracy leader Antonis Samaras underlined on Tuesday that the negotiation with Greece's partners should proceed immediately. “We were just about to leave the program and now the lack of liquidity has paralyzed the Greek economy,” Samaras noted. He...

President of the Hellenic Republic Prokopis Pavlopoulos and German Finance Minister Wolfgang Schaeuble held telephone talks late on Tuesday evening, discussing ways to boost bilateral cooperation between Greece and Germany in order to effectively tackle the problems of the...

The Greek government will bring to Parliament for discussion the extension of the loan contract signed by Greece's Finance Minister Yanis Varoufakis, government sources said. “It will be shown that there is no commitment undertaken and that simply more time...

The Greek Independence Day Student Parade took place in Syntagma, downtown Athens, on March 24, in the presence of Greek officials and a large crowd that was not held back by barriers, as it used to be in previous years....