greece news

ABBA‘s Björn Ulvaeus posted in a new website called Mamma Mia: The Party, explaining he was working on an exciting project, making fans across the world excited in the prospect of an ABBA tour after all these years. However, that...

  Greece will continue to claim the late classical "Dorias" stele that was sold during a Christie’s auction on Wednesday with all available legal means, Culture Ministry circles said following the news about the item. The sources said the fact that the...

The International Monetary Fund's (IMF) basic scenario for Greece does not foresee a Grexit - a Greek exit from the Eurozone - Financial Counselor and Director of Monetary and Capital Markets Department of the IMF, Joss Vinals, said on...

European Central Bank (ECB) President Mario Draghi dismissed fears of a possible Greek default. Asked about a Greek default during a regular news conference in Frankfurt on Wednesday, Draghi said: "I don't even want to contemplate that. And based on the...

German Finance Minister Wolfgang Schaeuble has accused the newly elected Greek leftist-led government for backsliding on reforms and destroying the economic progress achieved by its predecessors. Moreover, the Eurogroup hardliners leader highlighted that no one expects a resolution of the standoff...

Standard & Poor's Ratings Services lowered its long- and short-term sovereign credit ratings on Greece to 'CCC+/C' from 'B-/B'. At the same time, Standard & Poor's removed these ratings from CreditWatch, where it had placed them with negative implications...

Wine production in Greece fell by 16.24% in the 2014-2015 period to 2,800,000 hectolitres, from 3,343,000 in the previous period, surpassing initial estimates for a 3.44% decline in production. A Wednesday report by the central cooperation union of wine products...

Slovak Finance Minister Peter Kazimir appeared skeptical on the possibility of Greece and its European partners reaching an agreement in the upcoming Eurogroup meeting. As he said, Greece is currently moving ever closer to the abyss and there are not...

Greek Interior Minister Nikos Voutsis appeared highly critical of the northern European countries' migration policy, accusing them of turning Greece "into a theater of mass transit for hundreds of thousands of refugees from Syria." As the debate over Greece's moves...

German Chancellor Angela Merkel has highlighted that the Cyprus problem talks must resume away from any threats and blackmail, Cypriot government spokesperson Nicos Christodoulides said in a written statement issued on Tuesday, just four days ahead of President Nicos Anastasiades' visit to...