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Greece

Negotiations on Greek Bailout to Begin Once Prior Actions are Passed, Gov't says

Negotiations between Greece and the institutions will begin as soon as Parliament votes for the prior actions demanded by Greece's creditors and will run until August 20, Greek government spokeswoman Olga Gerovasili said. She said these prior actions will...

Standard and Poor's Upgrades Greece's Long Term Rating

Ratings agency Standard and Poor's upgraded Greece's credit rating on Tuesday from CCC- to CCC+. Though CCC+ is still a "junk" rating, Standard and Poor's said that following the agreement reached with international creditors, Greece's chance of exiting the Eurozone by 2018 are less than 50%...

Two German Publications Report on Greek Public Asset Sales

Bild and Der Spiegel, two major German publications, examined the potential sales of Greek public assets. The Greek government agreed to establish a fund that will monetize 50 billion euros of Greek public assets through privatization and other means. Bild, one of...

Greek Students to Compete in Final Round of Microsoft 'Imagine Cup' Competition

A team of passionate Greek students from the Faculty of Electrical Engineering and Computer Science at the Aristotle University of Thessaloniki, led by professor Leontios Hadjileontiadis, is considered to be one of the 12 best student innovation teams in the world. On...

Vergina Royal Tombs Mystery Solved

"A nearly 40-year-old mystery concerning the Royal Tombs of Vergina has finally been solved," experts claim in a recent study published in the "Proceedings of the National Academy of Sciences" journal. In their study, entitled "The lameness of King Philip II...

Greek National Football Team Coach Resigns – Hellenic Football Federation Rejects It

Sergio Markarian, the head coach of the Greek National Football team, submitted his resignation on Tuesday. However, the Hellenic Football Federation (EPO) has not accepted his resignation. While speaking with sport24.gr, EPO President George Girtzikis said that both he and EPO's board of...

Reasons Why Foreign Tourists Should Visit Greece

Famous travel website Conde Nast Traveler invited readers to visit Greece for their summer holidays, despite the crisis. In an article entitled “Why we’re still traveling to Greece this summer,” journalist Mark Ellwood noted that now, more than ever, the...

Greeks Using Google to Find Jobs Abroad

Analysis on the searches made by Greeks and residents of Greece on Google, revealed that they are concerned about the future of their jobs. The searches regarding job opportunities abroad have significantly increased over the last few days. According to last...

Another Greek Generation Lost…

“Broke and beset by the stigma of unemployment, young Greek men are putting off serious relationships and extending their childhood indefinitely,” Greek journalist Yiannis Baboulias told the Telegraph. The British newspaper focused on the acute unemployment issue that younger generations...

Delia Velculescu to Become IMF Head Representative in Greece

The International Monetary Fund (IMF) is set to replace Rishi Goyal, head representative of the institution's technical team in Greece, with a person who has had experience in analyzing Greece's troubled economy before. Greek newspaper "Kathimerini" reported that Delia Velculescu will now be the one assessing Greece’s...