Greek News

Greek Prime Minister Alexis Tsipras, upon his arrival at the European Commission headquarters in Brussels on Monday, referred to the key points of the agreement proposed by the Greek government. Tsipras is currently meeting with European Commission President Jean-Claude Juncker....

According to Reuters the European Central Bank (ECB) raised emergency funding for Greek lenders for the third time in less than a week. The Governing Council increased the cap on Emergency Liquidity Assistance in a telephone conference on Monday, and...

The Interprofessional Organisation of Vine And Wine of Greece noted that the Australian wine and hospitality industries will have the opportunity to dive into the most comprehensive Greek wine masterclass series ever held in the country, as the largest...

Greek Defense Minister Panos Kammenos warned the government that he will not support an increase on value added tax in the islands. The leader of Independent Greeks (ANEL), junior coalition partner in the SYRIZA-led government, said that he is prepared...

The Greek government sent its new proposal to the European Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF) around 1:00 am on Monday. The European Commission chief of staff Martin Selmayr confirmed that the new, improved...

Yesterday, supporters of Greece against IMF EU-Troika’s economic blackmailing tactics to break down the Greek spirit brought thousands of people out into the streets. It was a great success attracting masses of people of all nationalities to flood squares...

The situation in several islands of the Aegean Sea is out of control as hundreds of refugees and irregular migrants arrive daily from the coasts of Turkey, creating grave problems to local communities. Refugees from war-torn Syria and irregular migrants...

Italian Prime Minister Matteo Renzi and French President Francois Hollande on Sunday, during a press conference given after their meeting in the international exhibition in Milan, expressed their optimism that a solution between Greece and its creditors will be...

Greece's stay in the eurozone is non negotiable, main opposition New Democracy (ND) leader Antonis Samaras said in an interview with Sunday's Kathimerini newspaper. "Greece's exit from the eurozone," he said "it would have serious repercussions." Samaras also stressed the...

Prime Minister Alexis Tsipras on Sunday had phone contact with German Chancellor Angela Merkel, French President Francois Hollande, and European Commission President Jean-Claude Juncker to present a proposal for a mutually beneficial agreement. Tsipras told the top European officials that...

The Greek government must make tough fiscal decisions to reach an agreement with international creditors, or it risks catastrophic consequences for its economy and people, U.S. Treasury Secretary Jack Lew said in an interview released on Saturday. "I think we’re...

An agreement will be reached next week, Alternate Interior and Administrative Restructuring Minister George Katrougalos said in an interview with French radio Europe1 on Sunday. He underlined that austerity does not concern only Greece, but all Europe and added: "Greece...

"Hold tight, Greece!" was the political message British singer Robbie Williams sent to 30,000 Greek fans in his first ever appearance in the country. The multi-platinum entertainer's show in Greece took place at the Terra Vibe open air site in...

The International Monetary Fund (IMF) said that economic and fiscal outcomes in Cyprus have been better than expected, and approved the disbursement of 278.4 million euros of financial aid. It also said that the high level of non-performing loans remains...

Taxpayer overdue debt to the Greek State grew by another 1 billion euros in May for a total of 5.234 billion so far this year, official figures showed. A report by the General Secretariat of Public Revenue said that total...