Greece
Economy
At Davos, Greek PM Reiterates Greece’s Acceptance of IMF Role in New Bailout Program
A few days ago, Greek Finance Minister Euclid Tsakalotos said that Greece was not opposed to IMF’s participation in the new bailout program, which his government had signed in August 2015 with the nation’s official creditors.
Today, Greek Prime Minister...
Economy
Greek Professionals and Freelancers Take it to the Streets Over Security Fund Reforms
Thousands of Greek professionals and freelancers took it to the streets on Thursday protesting against the government's planned security funds reform.
About 7,000 lawyers, engineers, doctors, solicitors, pharmacists, tax accountants, architects, small business owners and dozens of other freelance workers gathered outside...
Greece
More Refugee Bodies Wash Up on Turkish Shores
According to Turkish news agencies, at least 12 people, have drowned on the coast of Turkey when their boat capsized while on its way to Greek islands. Among the dead there were also young children.
The Turkish coast rescued 28...
Economy
Harsh Living Conditions for Many Greeks in Poor Neighborhoods Across the Country
While the rich at Davos are imagining ways to make the world even more unequal and German Finance Minister Wolfgang Schäuble demands from the Greek Prime Minister more doses of the same medicine that has destroyed the Greek economy,...
Economy
IMF: Four Million Migrants Will Enter Europe in Next Three Years
The migrant inflow to Europe will continue at a minimum rate of about 1.3 million people each year for the next three years, according to an International Monetary Fund forecast.
The IMF will present its report on migrants and its...
Economy
German Fin Min Hints at Greek PM: 'It's the Implementation, Stupid'
Speaking at a panel with Greek Prime Minister Alexis Tsipras, German Finance Minister Wolfgang Schaeuble hinted that Greece is not implementing the reforms it has agreed on as required by the bailout agreement.
In a panel discussing "The Future of...
Greece
Crossing Point at Idomeni Opened for Refugees with Final Destination Germany or Austria
The crossing point for refugees at Idomeni, Greece, opened a few minutes ago. Fyrom's authorities are allowing the crossing of refugees with documents stating clearly that the country of their final destination is Austria or Germany.
The authorities said that...
Archaeology
Archaeologists Discover Large Ancient Theater on Greek Island of Lefkada
Archaeological excavations on the Ionian island of Lefkada have brought to light a previously undiscovered and sizeable ancient theater, the culture minister announced on Wednesday. It said the find was made on Koulmou hill toward the end of 2015.
Test...
Business
Gold Mine Company Wins Appeal in Greece's Highest Court
Greece’s Council of State has annulled the government’s decision in 2015 to revoke Eldorado Gold’s mining license, according to court documents published on Wednesday.
The Canadian-based mining company had appealed to Greece’s top court to overturn the ban on its...
Economy
IMF: Refugees Cost Greece €300 Million in 2015
The fiscal cost of refugees to Greece was 300 million euros, or 0.17% of GDP, according to an International Monetary Fund report.
The two European countries that suffered the highest fiscal costs due to the refugee influx in 2015 were...