Greece
Business
Hellenic Petroleum to Submit Offer for Exploration Rights in Ionian Sea
Hellenic Petroleum will submit an offer in a tender for hydrocarbon exploration rights in field 1 of northwestern Ionian Sea, which has raised doubts from Albanian authorities.
Addressing a general shareholders' meeting, Hellenic Petroleum CEO Grigoris Stergioulis said the company has discussed the...
Economy
Varoufakis: Some Finance Ministers Criticized the Institutions' Proposal, Greek Talks to Continue
Greek Finance Minister Yanis Varoufakis said on Thursday that two documents have been submitted to the Eurogroup, one by Greece and another by creditors, adding that talks will continue until there is a solution.
"Two documents at the Eurogroup. Interestingly,...
Economy
Gerry Rice: IMF does Not Expect Greece to Miss June 30 Payment
The International Monetary Fund (IMF) expects Greece to make a 1.5-billion-euro debt repayment on June 30 as scheduled, IMF spokesman Gerry Rice said during the regular press briefing on Thursday.
He dismissed talk of default as "speculation" and said that...
Greece
40,000 Underage Girls Get Abortions Each Year in Greece
Despite the fact that the financial crisis has led to a significant reduction in abortions within the country’s borders, Greece still remains in the first ranks among European countries, with 80,000 abortions per year (the same amount as births)....
Economy
Greek Budget Primary Surplus Up in January-May
The Greek budget showed a primary surplus of 1.506 billion euros in the January-May period this year, from a surplus of 707 million euros in the corresponding period in 2014 and a budget target for a primary surplus of...
Economy
Eurogroup Meeting Suspended Without Reaching Agreement
While European leaders are preparing for the summit, the European finance ministers Eurogroup started its second meeting in less than 24 hours. Both sides presented their reform proposals, however they were not able to reach an agreement and resolve...
Economy
Italian PM Renzi: 'EU Countries Pressured to Force Grexit'
There are countries within the Eurozone pushing for Greece’s exit from the monetary union, warned Italian Prime Minister Matteo Renzi, admitting that Greece's partners want the Grexit to happen.
Greek people and the Greek government need to know that there...
Economy
Eurogroup Chief: Greece Has Not Agreed With the Institutions' Proposal
The Greek side has not agreed with the text the institutions have submitted to the Eurogroup, said Eurogroup chief Jeroen Dijsselbloem.
"We will present to the ministers the documents that the institutions have jointly drafted. We do not have the...
Greece
Greek FM Kotzias Agrees on Confidence-Building Measures with FYROM's Counterpart
The Foreign Ministers of Greece and FYROM, Nikos Kotzias and Nikola Poposki respectively, agreed on Wednesday on 11 confidence-building measures in the sectors of education, culture, trade, transport, energy, domestic security and justice, but also ways to restore political...
Economy
Europe Shows its Ugly Face to Tsipras and, Consequently, Greece
Back in the good old days -- just a few weeks ago -- every time the Greek Prime Minister went to Brussels or to a European Union meeting, European Commission President Jean-Claude Juncker would hug him, kiss him, even...