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Greece

Unified Ticket Plan Eyed for Greek Museums and Sites

The Central Archaeological Council is considering the prospect of a unified ticket regime for the country’s numerous archaeological sites, museums and monuments, with a pilot program set to commence on April 1, 2016. CAC’s members unanimously approved relevant proposals for...

Microsoft Denies Reports on Cancelling its Investments in Greece

Microsoft announced late on Thursday that the company does not intend to cancel any investments in Greece, amid reports that it is planning to transfer its activities in Romania. "The company continues its scheduled investment activities in Greece, as it...

IMF Says Cooperation with Greek Government Is On a Good Trajectory

The International Monetary Fund (IMF) has had a good cooperation with the Greek government on issues concerning the current program review, its spokesman said during a press conference. Asked about the possibility of the Fund participating in Greece’s new program,...

Greek PM Tsipras Criticizes EU Debate on Refugee Crisis

"I feel ashamed by Europe's inability to deal with this drama," Greek Prime Minister Alexis Tsipras said addressing the House on the refugee issue. Tsipras criticized harshly the European Union for its stance and lack of action to curb the...

Bill on Greek Bank Recapitalization to be Voted on By Sunday

A draft bill on the recapitalization of Greek banks will be voted on by Sunday so that the actual process can start on Monday, government Vice-President Yannis Dragasakis said in a statement on Thursday. The bill was tabled in Greek...

Greek Govt Rushes Bills in Order to Receive Loan Tranche

The Greek government is rushing to vote on bills for prior actions in order to get a compliance report by lenders before the November 9 Eurogroup. According to analysts, Greece must go to the meeting of Eurozone finance ministers with...

New Maritime Tragedy with 22 Refugees Dead in Greek Waters

A new maritime tragedy in Greek waters culminated in two separate wrecks leaving 22 people dead and 144 rescued between the islands of Rhodes, Kalymnos and Kalolimnos. on Friday, the Hellenic Coast Guard and volunteer rescuers pulled 19 dead bodies out...

Refugee Crisis & Greek Economy Discussed in Tsipras-Steinmeier Meeting

Greek Prime Minister Alexis Tsipras met with visiting German Foreign Minister Frank-Walter Steinmeier on Thursday, with talks focusing directly on the ongoing refugees crisis plaguing Greece and the rest of Europe, the economic crisis, as well as bilateral relations. During the...

Greek Gov't to Prosecute Former General Secretary of Public Revenue Katerina Savvaidou

The Greek prosecutor against corruption filed for the criminal prosecution of former general secretary of Public Revenue Katerina Savvaidou on felony charges for infidelity against the service. Only a few days ago Savvaidou had been dismissed from her post,...

Greek Gov't Insist on New Measures – Greek Farmers Respond with Tractor Barriers

The meeting between Greek farmers and the Deputy Finance Minister Tryphon Alexiadis turned out to be a fruitless one. “We can’t change what has already been written,” said Alexiadis to farmer association representatives, who protested against tax hikes by...