While Anastasiades Fiddled, Money Fled Cyprus

Delays and indecision by newly-elected Cypriot President Nicos Anastasiades' government allowed a huge outflow of cash from the island's banks even though they were...

Cyprus Moves To Plan C To Avert Default

With its back against the wall and facing a March 25 deadline to try to come up with a plan that would bring in...

Greek Crisis Visible From Space

According to a study conducted by researchers from Greece and abroad, from 2008 until today, a drastic limitation up to 40% of pollutants in...

Turkey Disputes Greek Territorial Waters

Just a couple of weeks after Prime Minister Antonis Samaras met his Turkish counterpart Recep Tayyip Erdogan in Ankara to try to settle differences...

Gazprom, Greece Talk Gas Sale

With international lenders pressing for Greece to speed the pace of privatizations, Prime Minister Antonis Samaras met with the head of Russia's Gazprom, Alexei...

Cyprus, Greece Want EU Backing On EEZ

After meeting new Cypriot President Nicos Anastasiades in Athens, Greek Prime Minister Antonis Samaras has called on the European Union to support Exclusive Economic...

Israel-US-Greece In Naval Exercise

Israeli, Greek and US warships are undertaking a joint two-week Mediterranean naval exercise codenamed Noble Dina, the Israeli military said. The event is part...

Greece Still Relies On Russia For Oil

Greece, with no domestic production, needs oil imports from Russia, an amount that covers about 70% of the domestic oil market an overwhelming proportion,...

Greek Church, Solidarity Donate Heating Oil

With winter drawing to a close and many Greeks still waiting for oil subsidies unlikely to come before it ends - and unable to...

Turkey, Greece Talks Focus on Aegean

Greece Prime Minister Antonis Samaras will visit Turkey Prime Minister Recep Tayyip Erdoğan in Ankara March 4-5 for a series of critical meetings, which...

Greece Cuts Energy Use In Crisis

A significant side effect of Greece's crushing economic crisis has been a drastic reduction in the amount of energy being used, according to the...

Greeks Outspending Finns For Heat

Greeks spend three times as much as to heat their homes as Finns, statistics show, but it doesn't matter much to 60 percent of...

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