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Greek News

Tsipras to Meet with EC, IMF and ECB Heads on Wednesday – The Full Greek Proposal

  Greek Prime Minister Alexis Tsipras will fly to Brussels on Wednesday to meet with European Central Bank (ECB) President Mario Draghi, International Monetary Fund (IMF) Managing Director Christine Lagarde, European Commission President Jean-Claude Juncker and two top European Union officials to discuss...

The Hellenic Entrepreneurship Award Announces 2015 Winners

The Hellenic Entrepreneurship Award (HEA) has announced three winners of the 2015 award who, in addition to sharing prize funding of up to €1,000,000, will be provided with an expert mentor and a range of business support services.

New Shelter for Unaccompanied Migrant Children Opens in Athens

Presenting a new shelter set up in Athens to house unaccompanied children that enter Greece as migrants, Greek Alternate Minister for Migration Policy Tasia Christodoulopoulou praised on Tuesday the initiative by the Ioannis. S. Latsis Foundation and the non-governmental organization...

President of the Hellenic Republic: Greece Is Always Strong Enough to Support Cyprus

President of the Hellenic Republic Prokopis Pavlopoulos has reiterated Athens' support for a solution of the Cyprus problem, noting that despite the difficulties the country is faced with, it is always strong enough to support Cyprus. Pavlopoulos, who received Cypriot...

Greek Foreign Minister Raises Issue of Migrant Care Facilities at EU Council

Greek Foreign Minister Nikos Kotzias said on Tuesday there is an imperative need to address health concerns and the care of migrants arriving in Greece, during a meeting of the EU General Affairs Council in Luxembourg that discussed migration; the...

Banknote Circulation Falls to June 2012 Levels, Bank of Greece Report‏s

Banknote circulation has fallen to June 2012 levels following a massive cash withdrawal from bank deposits, a Bank of Greece (BoG) report said on Tuesday. The report noted that the biggest part of deposit outflow was in cash, while the Greek central...

Earth Friendly Products Win EPA’s Safer Choice Partner of the Year Award

Earth Friendly Products (EFP) won the Safer Choice Partner of the Year Award from the U.S. Environmental Protection Agency for its contributions to more sustainable cleaning products that protect families, workplaces, communities and the environment. U.S. Environmental Protection Agency Assistant Administrator Jim...

The New Greek Debt Deal Is Like the Old Deal After 4 Months of Talks

The dreaded "memorandum," the dirtiest 10-letter word in Greece's recent vocabulary, is back on the lips of Greek people. A simple business term that became the word that shall not be spoken is now back, with a vengeance. The unspoken...

Kasparov Warns Greek PM Tsipras Against Making Deal with Putin

Leading chess player and major political activist Garry Kasparov was invited in Athens by the Stavros Niarchos Foundation to play chess with 15 young Greek Champions at the Stavros Niarchos Park on Thursday, in the presence of thousands of...

Foreign Media Reports on European Leaders Summit

The prospect of an agreement continues to test SYRIZA’s strength, while talks are being held under stressful conditions. The catalytic role in bridging the gap and reaching an agreement will be played by German Chancellor Angela Merkel and Greek...

Beijing Hopes Greece Will Soon Exit the Crisis

The Chinese Foreign Ministry spokesman Lu Kang noted that he has not been informed on whether his country would provide assistance to Greece, while he expressed the hope that Greece can overcome its debt crisis soon. According to Reuters, Lu...

Cabinet Members and SYRIZA MPs React Against the New Greek Proposal

The new Greek proposal that includes an estimated 8 billion euros in tax revenues and reforms in pension laws has caused reactions among several members of the SYRIZA coalition government. The reactions ranged from mild to extreme, with some SYRIZA...

Greek Negotiating Team Rushes to Achieve Staff Level Agreement

The Greek negotiating team is working feverishly to come to a staff level agreement with the lenders' representatives in order to present it to Wednesday's emergency meeting of Eurozone finance ministers. According to sources close to creditors, who prefer to...

Next 48 Hours Crucial for an Agreement, Gov't Spokesman Sakellaridis Says

The government is very close to an agreement with the creditors, Greek government spokesman Gavriil Sakellaridis on Tuesday said in statements to private SKAI TV. Referring to VAT on islands, he said that Greek Prime Minister Alexis Tsipras has...

Tsipras on Greek Debt: 'Now the Ball is in Europe's Court'

Greek Prime Minister Alexis Tsipras spoke with reserved optimism after coming out of the emergency Eurozone summit on the Greek debt in Brussels a little after midnight on Monday. "We presented our proposal to the institutions, a proposal that includes...