Greek News
Economy
SYRIZA Cabinet Members Say no to More Concessions, Talk of Elections
Several SYRIZA cabinet members say that Greece cannot make more concessions in negotiations with creditors and some argue that if there is no favorable deal, the solution is snap elections.
Greek Labor Minister Panos Skourletis said on Tuesday that Athens cannot...
Economy
European Leaders and IMF to Offer Greece a Plan for Consideration
European leaders and the International Monetary Fund (IMF) agreed to accelerate negotiations and offer Greece a plan to consider in the coming days, according to a Bloomberg report.
German Chancellor Angela Merkel, IMF Managing Director Christine Lagarde, European Central Bank...
Economy
European Commission: 'June 30 Remains the Only Deadline for a Greek Deal'
As the Greek government is under pressure to agree to economic reforms with its international creditors in order to unlock new financing, the European Commission continues to signal tough stance regarding the ongoing talks with Greece.
European Commission spokeswoman Mina Andreeva said on Monday...
Economy
Panaritis, Varoufakis Choice for IMF Job Rules Herself Out
Elena Panaritis has announced that she will not accept the post of Greek representative to the IMF after fierce criticism from members of governing Syriza.
I never asked for that position, I accepted it only because I wanted to help...
Economy
Greek Businessman Among 89 Blacklisted to Enter Russia
A Greek businessman is on the list of 89 businessmen who are blacklisted and forbidden to enter Russia.
Theodoros Margellos, businessman and investment consultant, is on the list compiled by the Russian foreign ministry. The 89 "undesirable" individuals have no...
Economy
Germany-France Leaders: Greek Deal Should be Reached Soon
Greek Prime Minister Alexis Tsipras, German Chancellor Angela Merkel and French President Francois Hollande had a 35-minute teleconference on Sunday evening in which they agreed that the agreement between Greece and creditors should be signed soon.
At the same time,...
Greece
At Least 3 Million Greeks Go Treasure Hunting
At least 3 million Greeks go treasure hunting, while many of them are also gold prospectors.
Naoussa in northern Greece is the "Mecca of gold prospectors." It is also the city where the first European Convention of Gold Prospectors took place, attracting...
Culture
Head of the G.S.G.A in Italy to Support Greek Communities
The head of the General Secretariat for Greeks Abroad ( G.S.G.A) Michalis Kokkinos visited on Monday the historical Greek communities in Italy on the occasion of a unique exhibition entitled "Greeks in Campania: 500 years of history."
The exhibition, which...
Greece
Athens Resident Wins €9.5 Mln in 'Joker' Lottery with 3-Euro Ticket
Millions of Greeks played the Joker lottery after continuous jackpots, but just one got lucky. A lottery agency in Athens, Greece, is proud to have produced the winning ticket of 9.5 million euros.
According to the agency owner, the lucky ticket holder paid just 3...
Economy
Greek Defense Ministry to Generate €1.5 Bln a Year from Army Property
The Greek Armed Forces wealth exceeds 32 billion euros in real estate property and the Defense Ministry has a plan to generate 1.5 billion euros per year in revenues by utilizing it.
According to estimates by Defense Minister Panos Kammenos,...
Europe
Speaker of the Hellenic Parliament: ‘Each Child Born in Greece Owes €32,500’
Greek human rights lawyer, politician of the Coalition of the Radical Left (Syriza) and current speaker of the Hellenic Parliament Zoi Konstantopoulou said that each child born in Greece owes 32,500 euros taking the podium at the "Forum européen des alternatives" held in Paris...
Europe
Byzantine Ship Wreck Discovered in Black Sea
The wreck of a large Byzantine ship, dating from the 10th century and filled with amphorae, was discovered by divers off the coast of Sevastopol in Crimea.
The shipwreck was discovered by a Russian archaeological submarine mission in the Black...
Economy
Greek Economy Minister: Agreement Within the Next Days
"Deal exists," stated Greek Economy Minister Giorgos Stathakis in an interview to Italian newspaper Corriere della Sera, clarifying that he foresees that "the deal will close within a few days" and a "Eurogroup to approve financing will follow."
Answering a...
Greece
213 Migrants Rescued in Greece During the Night
Greek coast guard rescued 213 migrants in six different incidents near the islands of Kos, Chios and Lesvos during the night.
All migrants are safe and well, and no missing persons have been reported.
In recent months there has been...
Economy
Tsipras: Deal Is Not Reached Yet Because of Creditors' Intransigence
Greek Prime Minister Alexis Tsipras said it is not Greece's fault for not reaching a deal yet but creditors are to blame because of their intransigence.
"If we have not reached an agreement with our partners, it is not...