greece news

Greece's Supreme Court forwarded two lawsuits filed by Greek citizens against Yanis Varoufakis to parliament, which must now decide whether the former Minister's immunity should be lifted so tha he can stand trial. The lawsuits were filed by Stylida Mayor and "Teleia" party...

"We feel among friends," Israeli Prime Minister Benjamin Netanyahu stressed during the common press conference after his meeting with Cypriot President Nicos Anastasiades, who pointed out that, beyond the two countries' geographical proximity and common history, "we are also close...

The European Central Bank (ECB) approved on Tuesday a modified plan, submitted by the Greek government, to reopen the Athens Stock Exchange (ASE), a month after it was shut down due to capital controls. The ECB's final recommendation is that transactions by foreign investors will...

On Tuesday, the German "wisemen," five independent economic advisers, argued in favor of creating a mechanism that would allow Eurozone countries to go bankrupt, Reuters reported. "To ensure the cohesion of the monetary union, we have to recognize that voters...

Nobel Prize winning economist Paul Krugman questioned the surprised reaction many have had to reports that the Greek Finance Ministry was considering an alternative plan for the country's economy. "I mean, really: it would have been shocking if there weren’t contingency plans. Preparing...

Greek main opposition New Democracy officials accused former Finance Minister Yanis Varoufakis of hijacking personal data and wondered why the Hellenic Data Protection Authority has not yet intervened. After a meeting of the New Democracy Youth Organization (ONNED), with the participation...

Former Thessaloniki Mayor Vasilis Papageorgopoulos was released from prison on Monday after serving twenty nine months of his twelve year prison sentence. Papageorgopoulos had been found guilty of embezzling money from the city of Thessaloniki during his tenure and had been sentenced...

Legendary yacht Venus anchored off the coast of Samos and has became an attraction for locals and tourists. The luxurious yacht arrived on the Greek island on Saturday morning, July 25. Venus is a yacht designed by Philippe Starck's design company Ubik...

A screening of the Greek documentary "Agora" by director Yorgos Avgeropoulos has been scheduled to take place in Canberra, Australia, on Sunday, August 2, at 4:00 pm, at the Aegean Room of the Hellenic Club Woden. Avgeropoulos’ "Agora" documents the evolution...

Representatives from the European Central Bank (ECB), the European Commission, the International Monetary Fund (IMF) and the European Stability Mechanism ESM) have arrived in Athens, Greece, in order to restart negotiations regarding the country’s much needed third bailout program. Shortly...