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Greece

Thessaloniki Praised by Suddeutsche Zeitung

German newspaper Süddeutsche Zeitung refers to Thessaloniki's renovated waterfront, noting that the city's inhabitants are re-learning their city and falling in love with it again. More than three kilometers of waterfront is now available for strolls, jogging, biking and a...

Are Greeks Europeans?

Business strategist Peter Economides gives an answer to a German journalist of Süddeutsche Zeitung who asked if Greeks are Europeans.

Greece Needs 'Post-Bailout Arrangement'

Greece will need a new arrangement with creditors after the end of the bailout program in August to make sure that reforms continue to be implemented, European Commissioner Pierre Moscovici has said. “We will need to agree a post-program arrangement that...

Greek Finance Minister in 'Good Talks' with German Counterpart

There was a reported "positive atmosphere" in Berlin on Friday as Greek Finance Minister Euclid Tsakalotos met recently installed German counterpart Olaf Scholz. Germany's finance ministry took to social media to describe the meeting as: "Good talks toward a new...

EU Official: Debt Relief Means Extended Supervision for Decades

"Whoever wants debt relief, extended for decades after the end of the program, must have tighter supervision," a high-ranking EU official warns Athens, according to  German newspaper Süddeutsche Zeitung. "The Brussels goal is to reach a political agreement on the...

Santorini Dominates Greek Travel Survey

The Spring tourist season is well underway and a new survey reveals that visitor-favorite Santorini is in as much demand as ever. Travel firm Trivago has released new research showing that out of visitors' top ten Greek destinations, five are...

German Optimism about Greece’s Reform Path

Germany’s finance minister Olaf Scholz expressed optimism that Greece will complete the necessary reforms which will open the road to debt relief. In his first major interview since assuming office, the center-left finance minister vowed to remain in dialogue with...

German Media: Greece Records Tourism Boom Amid Crisis

It is no secret that if it was not for tourism, the Greek economy would be in even worse shape than it is today. Greek tourism has been experiencing a boom which is getting bigger as the financial crisis...

Germany's Occupation of Greece: A Massacre and Some "Beautiful Souvenirs"

The role of German archaeologists during the occupation in Greece, is being examined by the newspaper Süddeutsche Zeitung in an article published in its cultural inset. Titled "Massacres and some beautiful souvenirs," the paper says that recent scientific research is...

At Least 130 Greek Names Appear in Paradise Papers

According to the Greek daily Ethnos, more than 130 Greek names appear to be linked to offshore companies and are included in the Paradise Papers. The Paradise Papers include 13.4m files that compromise of details of how the world’s biggest...

Greece's Return to Markets Met with Cautious Remarks from International Press

Greece's return to tapping the international bond markets for the first time since 2014 is met with mixed remarks from the international press. In its electronic version, German magazine Spiegel reports on Greece's test run on markets as follows: "Return...

Germany Earned €1.3Bln From Greek Debt Crisis

Since the beginning of Greece’s economic crisis in 2009, Germany has earned 1.3 billion euros as a result of its loans to Athens and its debt buying programs, according to Euractiv. Euro zone members initially agreed to hand any interest...

German FinMin Insists on IMF Participation in Greek Bailout Program

German Finance Minister Wolfgang Schaeuble said that if the International Monetary Fund doesn't take part in Greece's bailout program, a new round of negotiations with European creditors will be needed. Thursday's Euro Working Group (EWG) confirmed that there is no...

Greek Gov't Handouts to Pensioners, Islanders Not Discussed With Creditors

The Greek government has not asked for the creditors' approval to give out 617 million euros to low income pensioners because the money comes out of the surplus, said State Minister Alekos Flabouraris. Speaking on Alpha television on Friday morning,...

IMF Chief Special Advisor Lipton: IMF Participation in Greek Bailout Only if Debt Conditions Are Met

David Lipton, Special Advisor to the Managing Director of the International Monetary Fund (IMF), was interviewed by German newspaper Süddeutsche Zeitung. During the interview he refuted comments made by German Finance Minister Wolfgang Schaeuble that the IMF would acquiesce...