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Eurogroup Sends Strict Message to Greece: Proceed With Reforms

"It is time to make progress in the program" is Eurogroup's clear and strict message to Athens, which -under the suffocating pressure of its creditors- is expected to launch consultations with the technical levels of the three institutions...

Global Debt Report: Massive Increase Since 2007; Greece Highest in Eurozone

The global debt of households, companies and countries amounts to the astronomical sum of 200 trillion dollars, the highest in 50 years, according to US-based multinational consulting firm McKinsey. In a report published earlier in February, the firm...

Greeks in Melbourne Impressed by Aboriginal Academic’s Lecture

Distinguished Aboriginal academic and activist Dr. Gary Foley called for the Parthenon Marbles' and Australian indigenous artifacts' return from the British Museum to their rightful place, in his lecture during a series of seminars on Greek History and Culture,...

One Million Birds Killed on British Military Base in Cyprus

One million birds have been illegally killed in just two months on one of the British military bases in Cyprus, causing an enormous ecologic destruction, according to British Royal Society for the Protection of Birds (RSPB). The Society's international...

Greek Diaspora of Sydney Offers Unique Artwork to NSW State Parliament

On the occasion of the 100th anniversary since Anzac forces arrived on the island of Lemnos, Greece, on March 4, 1915, the Greek Diaspora of Sydney offered a unique artwork by Nikolas Foteinos to the New South Wales State Parliament, in the...

French Digital Artists Breathe Life Into God Apollo

The astonishing project of French BK I Digital Art Company, "Golem x Apollo," has recently brought the disembodied head of ancient Greek god Apollo to life, marking the beginning of a new era for art museum exhibits in the near future....

Greek Athletes Win Silver Medals in Prague

Two Greek athletes won silver medals on the final day of the European Indoor Track & Field Championships in Prague. Antonis Mastoras finished second in the men’s high jump and Katerina Stefanidi in the women’s pole vault. Greek track and...

Greek Parliament to Decide On Committee for German Reparations

The Greek Parliament plenum on Tuesday will hold a debate and a voting on a proposal submitted by Parliament President Zoi Konstantopoulou for the re-establishment, reassembly and upgrading of the Parliament’s Cross-Party Committee to claim the German reparations and...

FT Publishes Letter of Eurogroup President to Varoufakis Saying Troika Will Return to Athens

Eurogroup President Jeroen Dijsselbloem sent a letter to Greek Finance Minister Yanis Varoufakis saying that technical discussions on Greece's bailout between creditors and the Greek government should be done in Athens and not Brussels as the Greek side has suggested. The...

Ex Greek FinMin: 'I Sent My Money Abroad Because I was Worried'

Former finance minister Gikas Hardouvelis admitted that he sent money abroad to foreign bank accounts in 2012, because, as he put it, he was "worried, like all Greeks." Hardouvelis appeared on Star television after newspaper reports on his actions. The former...

German Chancellor Will Not Rule Out Grexit Scenario

Keeping Greece in the Eurozone is the European leaders’ political objective at the moment, stated German chancellor, Angela Merkel during an interview in Japan on Monday. A few hours before the Eurogroup meeting about Greece in Brussels Angela Merkel said...

Aging Population in Greece Raises Retirement Age to 70

As Greece is aging demographically, the retirement age will rise in the not so distant future, according to a recent study by the National Actuarial Authority. The study, that was submitted to the European Commission, also shows that the Greek...

Contraband Tobacco Costs Greece Up to €1 Billion a Year

The Greek government is losing up to 1 billion euros every year from the sale of contraband cigarettes and tobacco. Last year, Greece lost an estimated 740 million euros in revenue, up from 565 million euros in 2013. The figures...

Survey: Greeks Favor 'Honest Compromise,' Afraid of Bankruptcy

A survey by Marc on behalf of 'Efimerida ton Syntakton' newspaper has shown that Greeks favor an “honest compromise,” but are uncertain about the possibility of a bankruptcy. According to the survey, the 69.9% of respondents stated that they wish...

Tsipras Launches Series of Meetings With Top European Officials Over Debt

Greek Prime Minister Alexis Tsipras launches a series of meetings this week with top European officials in light of the crucial negotiations over Greece's bailout. After the devaluation of Greek Finance Minister Yanis Varoufakis by his European counterparts ahead of Monday's Eurogroup,...