greece news

The meeting between Greek Finance Minister Yanis Varoufakis, government Vice President Yiannis Dragasakis, Deputy Finance Minister Dimitris Mardas and Greece's bankers was completed. The meeting was attended by National Bank of Greece Chair Luka Katseli and Chief Executive Leonidas Fragiadakis, Nikos Karamouzis and...

The capital controls that were recently imposed to Greece by its government left PayPal paralyzed, as the online payment company relies exclusively on the traditional banking sector and credit card industry for its transactions. "Due to the recent decisions of the Greek authorities...

Two days before Greece holds its first referendum since 1975, supporters of both sides to the posed dilemma organized rallies in Athens on Friday evening. The two demonstrations took place a few miles away from each other with the "No" supporters gathering...

  The capital controls the Greek government has imposed have one loophole. Greeks can in fact withdraw their money if they are willing to convert their euros into bitcoin. The online currency has already become a popular option for Greeks over the last few months....

Greek main opposition New Democracy leader Antonis Samaras addressed the nation in a televised speech just a few hours after Greek Prime Minister Alexis Tsipras gave his own, and urged the country to vote "Yes" on Sunday's referendum. In the speech,...

The European Financial Stability Facility (EFSF) announced on Friday that it will not demand immediate repayment of Greece's loans, while it reserved the right to do so in the future. The decision was made in the wake of Greece's failure to...

German Finance Minister Wolfgang Schaeuble stated that there will be no “quick bailout deal,” regardless of the Greek referendum result on Sunday, July 5. Greeks are called to vote on whether their government should accept the creditors’ bailout program that includes...

The Council of State, Greece's supreme court, struck down a request filed by two citizens that asked for the cancellation of Sunday's referendum. The court heard the arguments in favor and against the request. The 21 members of the court then convened and decided...

We must not allow the poison of division to seep through the souls of Greeks and we need to guarantee for our children that Greece will remain within the European family core, stated Archbishop of Athens and all Greece Ieronymos....

"It's up to the Greeks to decide what they will vote in Sunday's referendum," stated Eurogroup President Jeroen Dijsselbloem on Friday. "It is important for Europe but it is more important for the Greeks," he added. Dijsselbloem had earlier warned that...