greece news

After much speculation and uncertainty, the Eurogroup approved Greece’s 86-billion-euro program on Friday evening, effectively giving the country its third Memorandum in five years. The third Greek bailout is scheduled to run until August 2018 and the 86 billion euros will be given to...

German Finance Minister Wolfgang Schaeuble appeared cautiously optimistic about the aid program approved for Greece on Friday, describing it as "an opportunity" that must be used. "We will have to wait and see," the Minister told journalists during a press...

The aid deal secured for Greece at the Eurogroup on Friday may lead the country forward as it is an opportunity to reform its economy, Greek Finance Minister Euclid Tsakalotos told journalists after the end of the Finance Ministers...

The aid program approved for Greece is a very important step forward, International Monetary Fund (IMF) Managing Director Christine Lagarde said in a statement on Friday, following the Eurogroup's successful conclusion earlier in the day. "The policy package specified in the Memorandum...

Eurogroup President Jeroen Dijsselbloem announced on Friday night the achievement of a final deal on the new, three-year aid program for Greece, saying it will achieve sound public finances and safeguard the banking sector. "It is a comprehensive and ambitious reform...

Greeks consider the Dormition of Theotokos on August 15 to be the "Easter" of summer and celebrate it with great splendor throughout the country. In Imathia, Central Macedonia, faithful from Greece and abroad visit the Panagia Sumela Monastery, a historic...

After months of deliberations, Greece secured long term financing from the Eurozone countries on Friday evening. The Eurogroup convened just a few hours after the Greek Parliament ratified the 86-billion-euro cash-for-reforms bailout deal. The Eurozone's approval ensured that Greece will receive the 86...

Greek-Australian Nick Kyrgios, the so-called bad boy of tennis, has managed to once again attract negative public attention after he made sexist comments about his opponent Stan Wawrinka’s girlfriend, Donna Vekic. He may have wanted to tease his opponent or...

It seems that bailout deals kill Greek governments. The new agreement just voted in Greek Parliament seems it has just killed "the first leftist government" in the country's history. Or shall we call it a Memorandum? OK then, the first...

A Greek ship that will host 2,000 to 2,500 immigrants and refugees from the island of Kos is awaiting orders to dock at the island's port, after running a few hours behind schedule due to bureaucratic delays. The "Eleftherios Venizelos" is a large...