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Greek News

One Dead, Two Arrested in Greek Anti-Terrorism Operation

The Greek police counter-terrorism unit located and arrested two of the three people said to be involved in a bank robbery in Distomo last August, during a special operation held on Friday afternoon in Nea Anchialos, Volos, Central Greece. Georgios Petrakakos, Spyridon...

Chancellor Merkel Intervenes in Negotiations to Close Greece Agreement

There has been a positive change in the Greece-Brussels Group negotiations in efforts to achieve an agreement between the Greek government and its partners, a source in Brussels told El Mundo on Friday. According to the source, there were only "very few elements...

Greek Private Deposits Hit Their Lowest Level Since 2004

Amid fruitless negotiations between Greece’s anti-austerity coalition government and its international creditors over the terms of the current bailout program, Greek bank deposits fell in April to 139.4 billion euros, down from 145 billion euros in March, according to data released by the European...

Greek Alternate FM: 'The Government Will Not Just Sign Any Agreement'

"The government will not sign any agreement," Greek Alternate Minister for International Economic Relations Euclid Tsakalotos on Friday said in an interview with "Agora" newspaper. Asked on the Greek government priorities (salaries and pensions or loan obligations), he said...

ND Leader Calls on Government to Change Policy

Main opposition New Democracy (ND) leader Antonis Samaras on Friday called on the government for a change of policy and consensus so that a deal is reached. In a statement to 'Agora' newspaper, Samaras blamed the government for its...

Pension Cost in Greece Reaches 16-Year High at €28 Bln Annually

As the number of pensioners in Greece increases rapidly, pension costs reach a 16-year high at 28 billion euros per year. While creditors press for pension cuts and a stop to early retirement, the cost of pensions puts security funds...

German FinMin: Greece Has Until End of June to Reach Deal

German Finance Minister Wolfgang Schaeuble said "the financial assistance program to Greece will expire on June 30, this is the deadline given to Greece." Schaeuble spoke on Friday in a news conference following a meeting of finance chiefs of the...

Greek FinMin Varoufakis: There Will Only Be One Good Agreement

There will only be one good agreement...this negotiation has dragged on enough...it will include the pension system, labor market and the public debt," Greek Finance Minister Yanis Varoufakis said on Friday. In a radio interview, Varoufakis said there was convergence in...

SYRIZA MP: Greece Is Prepared for All Possible Scenarios

SYRIZA Parliamentary Spokesperson Nikos Filis said that Greece is seeking a deal with lenders but is also prepared for all possible outcomes in negotiations. Filis spoke to Mega television on Friday saying that the government is taking all precautions to...

562 Years Since the Fall of Constantinople: The End of an Empire [VIDEO]

The fall of Constantinople was the result of a three month siege by the Ottoman army, led by Sultan Mehmed II. At the time, Emperor Constantine XI Palaiologos was the  ruler of the Byzantine capital. The siege lasted from April...

Crete: 6 People Injured by Lightning in Knossos

It all started at 9:30 am on Friday, May 29, when lightning struck six Russian tourists who were on a tour around the archaeological site in Knossos, Crete. One woman was seriously injured, while the others were caught off guard...

Fronditha Care’s ‘Storgi’ Facility Celebrates 10 Years

Templestowe Aged Residential Care Facility “Storgi” celebrated its 10 years of operation and care for the elderly of the Greek-Australian community in a celebration held on May 13 on the facility premises to commemorate its anniversary. The event took place...

Aspasia Koumli Talks LA Greek Film Festival and Career

Could film spur the great artistic rebirth of Greece?   This year’s Jury Prize winner at Cannes “The Lobster” was the off-beat love story by the acclaimed Greek director Yorgos Lanthimos, which told the tale of a not so distant future...

European Commission: Time Is Running Out for Greece, No Progress in Negotiations

Greece is seeking a political solution to the financial aid problem as negotiations on a technical level are progressing very slowly and Brussels warn that time is running out. On Thursday's Euro Working Group (EWG), European Commission officials said that...

Greek State Minister: There Will Be an Issue of Party Discipline

Greek State Minister Nikos Pappas, in an interview to thepressproject.gr late on Thursday, expressed his optimism over a mutually beneficial agreement with the country's partners. He stressed the need to conclude the negotiations as soon as possible and left the possibility open...