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Greek News

Greek PM Tsipras Confident for a Historic Political Decision Taken by the Eurogroup

The Greek Prime Minister expressed his optimism that Greece will finally strike a deal with the country's European partners only a few hours ahead of the crucial Eurgroup meeting currently taking place in Brussels with the participation of the...

25% Increase in Online Purchases

Infobank Hellastat has reported a significant growth in recent years in the domestic online market, mainly due to lower prices compared to conventional stores, and Greek consumers’ gradual familiarization with technology. An ELTRUN survey cited in Infobank Hellastat’s study, shows that in...

Germany Opens Door to Last-Minute Deal Between Greece and Creditors

The German government seems to have opened the door for a last-minute deal between Greece and its international creditors, said the German spokesperson for Chancellor Angela Merkel. According to a report in Germany's The Local, Greece's request for a loan...

Greek Bank Deposit Outflows Continue at Alarming Level

Greek depositors withdrew over 1 billion euros from their bank accounts in the last two days, bringing deposit outflows to the January high levels. In January -- month of snap elections -- a total 12 billion euros were withdrawn from...

Greek 'Model School' Board Resigns

The governing board members of 60 Greek experimental and model schools (DEPPS) submitted their resignation on Thursday, February 19, after an argument with the Greek Minister of Education Aristidis Baltas. The Greek Minister has made it his mission to put...

Greek PM Tsipras: 'We Welcome Chinese Investments'

We support the present Chinese investments in Greece, including COSCO's, and want to make a name for the port of Piraeus as a top hub in transport and commerce globally, Greek Prime Minister Alexis Tsipras said on board the...

Top Economists and Academics Urge EU for Agreement with Greece

Eighteen top economists and academics, including two Nobel prize winners in economics, have signed a joint statement, published in The Financial Times, expressing the opinion that the European Union should reach an agreement with Greece. At the same time, the...

Economist: Greece Blew the Chance to Make Euro Zone Work Better

"It is depressingly typical for a government that, for all its high popularity at home, has squandered every opportunity to improve its lot, and ultimately that of the euro zone," says a report on The Economist. The article criticizes Greece's...

Greek PM Tsipras – German Chancellor Merkel Hold 'Constructive' Telephone Conversation

A constructive fifty-minute telephone conversation between the Greek Prime Minister Alexis Tsipras and the German Chancellor Angela Merkel was held on Thursday afternoon, only a few hours ahead of today’s crucial Eurogroup meeting in Brussels. According to a Greek...

Ted Sarandos to Hollywood: ‘Get More Global’

In a panel held at the prestigious Chapman University Dodge College of Film and Media Art, Greek-American Netflix CEO Ted Sarandos stated a simple strategy for his company's future that he thinks more TV companies should follow: "Get more global." Earlier in the day,...

Greek Foreign Minister Offers Help to Ukraine

On Thursday, February 19, Greek Foreign Minister Nikos Kotzias visited Kiev, Ukraine to meet with the country’s Foreign Minister Pavlo Klimkin. Kotzias expressed his support towards Ukraine’s sovereignty, as well as the need to reinforce talks regarding the ceasefire...

Europa League: Artless Olympiakos Suffer a 2-0 Defeat from Dnipro (VIDEOS)

Olympiakos failed to secure a positive result in the freezing town of Dnipropetrovsk against home team Dnipro for the Europa League. Ruslan Rotan (50') and Jaba Kankava (54') scored the two goals that give the clear advantage to the Ukrainian...

Cypriot Parliament President Congratulates Greek President Pavlopoulos for his Election

Cypriot Parliament President Yiannakis Omirou congratulated Prokopis Pavlopoulos for his election as the new President of the Hellenic Republic. As he highlighted, Cyprus is looking forward to the continuation of the two countries' common course. In his congratulatory message to...

31-Year-Old Serial Killer Arrested in Southern Greece

Greek Police arrested a 31-year-old Albanian serial killer who is responsible for the death of at least three people with the method of strangulation. According to the police announcement, after the killings, the 31-year-old was stealing items of great...

Former French President d'Estaing: The Solution for Greece Would Be a Friendly Exit

Former French President Valery Giscard d'Estaing expressed the opinion that a viable solution for Greece would be the country's exit from the Eurozone in order to devalue its new national currency and increase its economic competitiveness, although he firmly ruled out...