Greek News

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...

The 11th annual AHI-Athens Hellenic Heritage Achievement and National Public Service Awards Dinner, held on May 27 at the Grande Bretagne Hotel in Athens, Greece, honored Constantine Galanis and the ACS Athens-American Community Schools. More than 270 AHI friends and...

The European Central Bank (ECB) again increased emergency liquidity funds for Greece 's banks Tuesday, Reuters reports. The amount of the new increase of the ECB's Emergency Liquidity Assistance (ELA) was not specified. The ECB's governing council held a teleconference on...

Bank of Greece (BoG) Governor Yannis Stournaras was asked to appear before a parliamentary committee on Monday but sent a letter to Parliament President Zoe Konstantopoulou, informing her that he wouldn’t be able to attend before July 6, due to prior...

Greek Prime Minister Alexis Tsipras was reassured by European Central Bank (ECB) President Mario Draghi during their half-hour meeting in Brussels on Monday that the stability of the Greek banking system is ensured until the end of the country’s aid...

The Greek Parliament's Public Debt Committee aims at assisting Greece’s sustainable path within the Eurozone, President of the Hellenic Republic Prokopis Pavlopoulos said on Monday as he received the Committee’s report by Parliament President Zoe Konstantopoulou at the Presidential Mansion. “The work and...

The European Union will use submarines, warships, drones and helicopters in an operation to gather intelligence on gangs who smuggle thousands of asylum-seekers to Europe from Libya, officials said on Monday. EU foreign ministers agreed at a meeting in Luxembourg...

Greek stocks rebounded strongly in the Athens Stock Exchange on Monday, recording one of their biggest daily rallies amid speculation that the Greek government and its creditors are closer to reaching an agreement. Bank shares were at the focus of buying activity,...

An emergency summit of Eurozone leaders broke up Monday night without an agreement on a Greek rescue, but there was optimism that a deal is very near. The mood improved thanks to a new Greek proposal that European Council President Donald Tusk called...

Greek Police arrested a 49-year-old manager of a local lender's branch in western Attica last Friday, accused of stealing his clients' funds and developing a bogus investment scheme. The suspect is currently detained on charges of fraud and forgery, violation of...

The Greek Community of Melbourne congratulated the Australian Greens for their initiative to submit a motion in the Senate last week to support Greece during the unprecedented economic and social crisis that has caused the suffering of people in...

Thousands of Greeks opposing to the country's exit from the Eurozone gathered outside the Greek Parliament on Monday to raise their voice against the "war of propaganda against the IMF" and make sure that Prime Minister Alexis Tsipras and the rest...

Foreign Affairs editor Gideon Rose, speaking on "Bloomberg Surveillance" about the Greek economy, said that Greece's current collapse is worse compared to the Great Depression, the deep and long-lasting economic downturn that began soon after the stock market crashed in October...

Today, the five Presidents – European Commission President Jean-Claude Juncker, together with the President of the Euro Summit, Donald Tusk, the President of the Eurogroup, Jeroen Dijsselbloem, the President of the European Central Bank, Mario Draghi, and the President...

U.S. Treasury Secretary Jack Lew spoke with Greek Prime Minister Alexis Tsipras over the phone on Monday morning in an effort to urge the Greek government to move with reliable proposals toward an agreement with creditors, a Treasury official revealed. After his phone conversation...