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Tsipras: Greece has Presented Comprehensive Proposal for Deal

Prime Minister Alexis Tsipras stated on Tuesday that Greece has presented to international creditors a comprehensive list of reforms in order to achieve an agreement. Tsipras spoke to the press after his visit to the education ministry. Referring to the...

Germany-France Leaders: Greek Deal Should be Reached Soon

Greek Prime Minister Alexis Tsipras, German Chancellor Angela Merkel and French President Francois Hollande had a 35-minute teleconference on Sunday evening in which they agreed that the agreement between Greece and creditors should be signed soon. At the same time,...

At Least 3 Million Greeks Go Treasure Hunting

At least 3 million Greeks go treasure hunting, while many of them are also gold prospectors. Naoussa in northern Greece is the "Mecca of gold prospectors." It is also the city where the first European Convention of Gold Prospectors took place, attracting...

Greek Defense Ministry to Generate €1.5 Bln a Year from Army Property

The Greek Armed Forces wealth exceeds 32 billion euros in real estate property and the Defense Ministry has a plan to generate 1.5 billion euros per year in revenues by utilizing it. According to estimates by Defense Minister Panos Kammenos,...

Russia Reportedly Proposes Co-Manufacturing Kalashnikov Rifles in Greece

Russia has sent an official proposal to the Greek Defense Ministry to co-manufacture Kalashnikov rifles in Greece, according to an onalert.gr report. The verbal proposal was made during the recent visit of Greek Defense Minister Panos Kammenos in Moscow, where he...

Greek Crisis Featured in U2 Tour Video Screen [Video]

The Greek crisis makes a cameo appearance in the current U2 tour in the United States and Canada as the phrase "Unfuck Greece" along with footage from anti-austerity demonstrations in Athens' Syntagma Square appear on the giant screen. When U2 performed...

Canadian Newspaper Pays Tribute to Mani and Monemvasia

Canadian newspaper Ottawa Citizen published an extensive article on April 25, on the Greek regions of Mani and Monemvasia, noting that “Greece is more than islands.” The article pays tribute to the wild scenery and the beauty of Mani, Peloponnese....

Poll: 6 out of 10 Greeks Believe a New Memorandum Is Coming

A new opinion poll shows that 6 out of 10 Greeks believe that the agreement the government will sign with creditors will be a new Memorandum, while the number of those who intent to vote for SYRIZA if elections were held today...

Greek Health Ministry Considers Time Schedule for Public Smoking

Unable to ban smoking in public places, the Greek government is considering to implement a measure according to which indoor smoking will be allowed at certain hours. Greeks stubbornly refuse to comply with European Union directives that prohibit smoking indoors...

U.S. Warns Against World Economy Effects of Potential Greek Default

The United States through Treasury Secretary Jack Lew warned on Friday of a possible negative effect for the world economy if Greece and its creditors miss their deadline to avert a debt default. As the deadlock in negotiations between Greece...

Greece Willing to Make Concessions to Secure Agreement

The Greek government is willing to make concessions by pushing back its anti-austerity program in order to secure an agreement with creditors, Greece's interior minister said. As loan repayments loom large and state coffers are emptying at an alarming rate,...

Pension Cost in Greece Reaches 16-Year High at €28 Bln Annually

As the number of pensioners in Greece increases rapidly, pension costs reach a 16-year high at 28 billion euros per year. While creditors press for pension cuts and a stop to early retirement, the cost of pensions puts security funds...

German FinMin: Greece Has Until End of June to Reach Deal

German Finance Minister Wolfgang Schaeuble said "the financial assistance program to Greece will expire on June 30, this is the deadline given to Greece." Schaeuble spoke on Friday in a news conference following a meeting of finance chiefs of the...

SYRIZA MP: Greece Is Prepared for All Possible Scenarios

SYRIZA Parliamentary Spokesperson Nikos Filis said that Greece is seeking a deal with lenders but is also prepared for all possible outcomes in negotiations. Filis spoke to Mega television on Friday saying that the government is taking all precautions to...

Crete: 6 People Injured by Lightning in Knossos

It all started at 9:30 am on Friday, May 29, when lightning struck six Russian tourists who were on a tour around the archaeological site in Knossos, Crete. One woman was seriously injured, while the others were caught off guard...