Society

Finland's parliament is not willing to accept a new bailout agreement for Greece as Eurozone finance ministers continue negotiations on Sunday's Eurogroup, according to reports. The country's euro-sceptic Finns Party, the second in power in parliament, threatened to bring down...

The fragile situation on the island of Lesvos further escalated on Friday when tensions broke out over some food. A van that was carrying food to the island’s immigrant and refugee settlement called at Kara- Tepe, located a few miles north...

People from across the world managed to raise the striking amount of 1,930,000 euros in the one week crowdfunding campaign organized by British businessman Thom Feeney. However, the make-it-orbreak-it campaign aimed to raise 1.6 billion euros failed. The 29-year old...

Greeks are living in fear of the banks collapsing, which would lead to severe haircuts on their deposits. However, they are fuelling this panic and make expensive purchases using their debit cards since the daily withdrawal limit is 60 euros. From expensive...

The number of Greek luxury villas bought by Russians has doubled in 2015 compared to previous years, says a Bild report. As the Greek economy keeps sinking in recession and the recent capital controls have crippled tourism, the Greek government...

An elderly Greek-Cypriot decided to teach a lesson of generosity to Europe. According to Huffington Post, Onoufrios Michaelides took it upon himself to help his fellow pensioners in Greece, after watching Greeks line up outside banks to withdraw part...

Greece's finance minister Constantinos Karamanlis signs the agreement for the German debt write off Germany could show some good behavior and write off a part of greek debt like Greece did for Germany in 1953. Prime Minister Alexis Tsipras' speech...

At this crucial crossroads for the Greek economy and Greece, there are five currency options in case the country ends up leaving the common currency bloc, according to a CNBC analysis written by Kalyeena Makortoff. Keep the euro  Greece could unilaterally...

The Greek financial teams in Brussels and Athens are working feverishly to prepare the finalized Greek proposal to be tabled to the European Commission by 8:30 Friday morning. EC President Jean-Claude Juncker made it clear that the Greek proposal should...

As the Greek government has made a request to the European Stability Mechanism for a new bailout package, members of SYRIZA's "left platform" proclaim that they are against a "humiliating" deal that would include austerity measures, and some even...

Several wealthy Greek families in the northern and southern suburbs of Athens started preparing to leave the country, as soon as the capital controls were imposed. Over the last few days, the passport issuing offices of the Greek police have...

The Greek government made a formal request to the European Stability Mechanism asking for a bailout program to help pay its debts and bring its crisis-stricken economy back from the road to bankruptcy. The European Stability Mechanism, Europe's financial rescue...

"We, as socialists, will never, ever accept a Grexit," stated president of the Progresive Alliance of Socialists and Democrats Giani Pittella, after the Greek prime minister's speech in the European Parliament. "Mr. Tsipras, you don't belong in my party, but at...

European Union Economics Commissioner Pierre Moscovici said it is up to Greece to find new ways to solve the country's debt crisis and that a deal is possible by Sunday. Eurozone member countries have given Greece until the end of...

Greek Prime Minister Alexis Tsipras spoke to the European Parliament presenting the country's position on the debt issue and spoke of the five years of austerity Greece went through. "I am here today after the referendum and Greek people's mandate...