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Greek News

New Democracy Leader on Greek Finance Minister Varoufakis' Email

Main opposition New Democracy leader Antonis Samaras on Tuesday lashed out at the government accusing it of “leading the country further back compared to where it was last November,” referring to Greece's reform list presented to the country's loan...

Alexis Tsipras Should Win the SYRIZA 'Civil War'

Greek Prime Minister Alexis Tsipras has achieved a lot using his charisma. He won the election, he formed a government immediately and got to work right away. He even managed to get behind him people who haven't voted for him,...

IMF Chief: Greek Reform List 'Sufficiently Comprehensive'

The list of measures presented by the Greek authorities “is sufficiently comprehensive to be a valid starting point for a successful conclusion of the review, as called for by the Europroup at its last meeting. But a determination...

Student in Northern Greece Goes Missing After Bullying Incident

Greek authorities are conducting a wide search through the city of Ioannina and the surrounding regions in northern Greece looking for 20-year-old Dairy School student Vangelis Giakoumakis who went missing on February 6. Giorgos Tsoukalis, a private investigator who has...

President Anastasiades Visits Moscow to Discuss Cyprus Problem and Bilateral Relations

The President of the Republic of Cyprus, Nicos Anastasiades, departed today for an official three-day official visit to Moscow. According to the Cypriot government, Anastasiades is expected to hold a meeting with his counterpart, Vladimir Putin, as well as...

JP Morgan: Greek Banks' Deposits Outflow Reached 3 Bln Euros Last Week

The Greek banks' deposits outflow during last week -and before Friday's Eurogroup deal on the loan agreement four-month extension reached between the Eurozone's Finance Ministers and their Greek counterpart Yanis Varoufakis- amounted to a total of 3 billion euros, according...

Greek PM Tsipras Meets Mikis Theodorakis Following Plea to Say 'No' to Schaeuble's Nein'

In what is seen as a move of exceptional political symbolism, newly elected Greek Prime Minister Alexis Tsipras visited internationally acclaimed composer Mikis Theodorakis at his home earlier this morning. The two men held a discussion regarding the country's...

Eurogroup Teleconference Green Lights the Greek Reforms List

The Eurozone Finance Minister's held a teleconference on Greece's reform plans and a four-month extension of its bailout, with the participation of the International Monetary Fund (IMF) Managing Director Christine Lagarde, the European Central Bank (ECB) President Mario Draghi...

Finance Ministry Cleaners' Reinstatement Suspended

Some 400 public sector cleaning employees were suspended in September 2013, as part of the availability measures implemented by the government, and were dismissed nine months later. The Greek Supreme Court has postponed the hearing of the cleaning staff’s...

Former FinMin Papakonstantinou to Appear Before Special Court Tomorrow

Greek Former Finance Minister of George Papandreou's PASOK administration between October 2009 and June 2011, Giorgos Papakonstantinou, is expected to appear before a Special Court tomorrow in Athens, in accordance with the ministerial responsibility law. Mr. Papakonstantinou is facing...

The Greek Government’s Full List of Reforms Sent to EC, ECB and IMF

Greece's Finance Minister Yanis Varoufakis emailed a list of structural reforms and measures which the Greek government is prepared to implement in order to complete the agreement for an extension at Friday's Eurogroup. The Greek government’s list of proposals includes commitments...

Sfendyli: Sinking Village in Crete [VIDEO]

Greek photographer Giorgos Skrafnakis recorded a stunning video that shows the before and after state of Sfendyli, a Greek village which is slowly sinking due to the rise of water in Aposelemis Dam. Skrafnakis’ video shows shots of Sfendyli from 2013...

Greek Public Debt Management Agency Asks Security Funds to Buy Repos

The Public Debt Management Agency and the Labor Ministry have asked security funds to buy government repos in order to avoid potential liquidity problems. According to an Eleftheros Typos newspaper report, the PDMA and the Labor Ministry have asked 15...

Greek Alt. Administrative Reform Minister: Negotiation will Continue

Greek Alternate Minister for Administrative Reform George Katrougalos on Tuesday, speaking to ANT1 TV, expressed his certainty that the Greek government's list of reforms will be approved by the institutions. "The negotiation will continue, it will not stop here," he...

IMF Chief: Greece will Stay in Euro Zone

International Monetary Fund President Christine Lagarde said that there is no discussion for Greece exiting the euro zone and that she is optimistic the country will come to a satisfying agreement with its creditors and its economy will be...