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Greek News

Bloomberg: Greeks Keep Their Money Under the Mattress

During these years of economic crisis, Greeks are hiding their money under the mattress instead of keeping it in the bank, says a Bloomberg report. In the months following the announcement of snap elections, Greek banks have lost billions in...

Poll Shows 47.8% of Greeks Trust SYRIZA and 84% Want the Euro

Despite the recent impasse in negotiations between the SYRIZA government and lenders that brought threats of a Grexit, Greek people show their trust to the leftist party as 47.8 percent of them would vote for them if elections were...

Greek Gov't Rushes to Compile Reforms List

Greek Prime Minister Alexis Tsipras and teams of relevant ministries are in a series of meetings in order to compile the list of reforms required after the meeting in Brussels. Greece's European partners have asked Tsipras to expedite procedures as...

Greek Prime Minister Aircraft Used for Sick Child's Transfer to Germany

The aircraft used for transportation of the Greek head of state has been put in emergency use for transferring a sick child to Hanover, Germany. A spokesperson for "Smile of the Child" voluntary organization said that a 12-year-old girl with...

Controversial Der Spiegel Cover Depicts Merkel and Nazis in Acropolis

The latest issue of German magazine Der Spiegel features a controversial cover juxtaposing Chancellor Angela Merkel with a group of Nazi officers standing in front of the Parthenon in an old black and white picture taken during Germany's occupation...

'Restart of the Economy Bill' Passes in Greek Parliament

A bill titled "Regulations for the restart of the economy" passed in Parliament late on Friday night by roll-call vote, in principle and per article, under emergency voting procedures. The bill, which settles arrears to the state and social security...

Greek Supreme Court Upholds 16.5% Interest Rate Charged by Credit Card Companies

Greece 's Supreme Court upheld the 16.5% interest rate charged by banks for credit card debt as legal in a case before the A1 civil section of the court. The case was brought up by a consumer for a card...

Action Aid Experiment: How Racist Are Greeks?

How racist are Greek people? How do they feel about migrants? Action Aid, an international non-governmental organization whose primary aim is to work against poverty and injustice worldwide, carried out a social experiment in Athens to determine Greek people’s...

Greek Government Buys Some Time Again

On February 20, Greece and its European partners decided to move forward by agreeing that the new government will implement much-needed reforms in exchange of the continuation of financial aid. On March 20, Greece and its European partners decided to...

Turkish Gunboat Violates Greek Territorial Waters for Several Minutes Off Agathonisi

The Turkish side has proceeded to yet another provocation earlier this (Friday) morning. Specifically, the gunboat “TCG POYRAZ” which was taking part in the Turkish Navy scheduled training program for the first quarter of 2015, entered the Greek territorial...

Greek PM Tsipras: No More Recessionary Measures, We'll Meet Our Obligations

The newly elected Greek Prime Minister Alexis Tsipras appeared satisfied with the European Union summit’s outcome, saying it was positive for Greece. As he further highlighted in a press conference held today in Brussels, the SYRIZA-led Greek government is...

Surprising Greek Roster Selection for the 'Final' Against Hungary

Newly appointed manager Sergio Markarian has announced the 23-man squad that will travel to Hungary for what is probably Greece's last chance to qualify to the 2016 EURO. Kostas Katsouranis (Atromitos Athens) and Kostas Fortounis (Olympiakos) have deservingly won back...

EU's Juncker: About 2 bln Euro Funds to Greece in 2015

The European Commission President Jean-Claude Juncker on Friday announced that in 2015 EU funds of around 2 billion euros that Greece will receive from the EU structural funds can be redirected towards activities related to growth and the strengthening...

Greek Teenagers Turn to Cannabis

A new statistical study published by the University Research Institute of Mental Health shows that teenagers in Greece prefer cannabis over alcohol and cigarettes. Around 4,500 teenagers aged 11, 13 and 15 years old answered a questionnaire last year...

French President Hollande: No Time to Lose for Greece

French President Francois Hollande has expressed his concerns over Greece's tightening deadline to propose its reforms program that are in line with its existing commitments agreed with the country's creditors. As he said, Greece must speed up the progress...