Greece
Economy
Creditors Finalize Text of Bailout Agreement for Greece
Greece’s international creditors are finalizing the text of a bailout agreement that they will present to Greece, according to a Wall Street Journal report.
Top officials from European institutions and the International Monetary Fund have sent a draft of the...
Economy
Tsipras: Greece has Presented Comprehensive Proposal for Deal
Prime Minister Alexis Tsipras stated on Tuesday that Greece has presented to international creditors a comprehensive list of reforms in order to achieve an agreement.
Tsipras spoke to the press after his visit to the education ministry. Referring to the...
Economy
SYRIZA Cabinet Members Say no to More Concessions, Talk of Elections
Several SYRIZA cabinet members say that Greece cannot make more concessions in negotiations with creditors and some argue that if there is no favorable deal, the solution is snap elections.
Greek Labor Minister Panos Skourletis said on Tuesday that Athens cannot...
Economy
European Leaders and IMF to Offer Greece a Plan for Consideration
European leaders and the International Monetary Fund (IMF) agreed to accelerate negotiations and offer Greece a plan to consider in the coming days, according to a Bloomberg report.
German Chancellor Angela Merkel, IMF Managing Director Christine Lagarde, European Central Bank...
Economy
European Commission: 'June 30 Remains the Only Deadline for a Greek Deal'
As the Greek government is under pressure to agree to economic reforms with its international creditors in order to unlock new financing, the European Commission continues to signal tough stance regarding the ongoing talks with Greece.
European Commission spokeswoman Mina Andreeva said on Monday...
Economy
Panaritis, Varoufakis Choice for IMF Job Rules Herself Out
Elena Panaritis has announced that she will not accept the post of Greek representative to the IMF after fierce criticism from members of governing Syriza.
I never asked for that position, I accepted it only because I wanted to help...
Economy
Greek Businessman Among 89 Blacklisted to Enter Russia
A Greek businessman is on the list of 89 businessmen who are blacklisted and forbidden to enter Russia.
Theodoros Margellos, businessman and investment consultant, is on the list compiled by the Russian foreign ministry. The 89 "undesirable" individuals have no...
Economy
Germany-France Leaders: Greek Deal Should be Reached Soon
Greek Prime Minister Alexis Tsipras, German Chancellor Angela Merkel and French President Francois Hollande had a 35-minute teleconference on Sunday evening in which they agreed that the agreement between Greece and creditors should be signed soon.
At the same time,...
Greece
At Least 3 Million Greeks Go Treasure Hunting
At least 3 million Greeks go treasure hunting, while many of them are also gold prospectors.
Naoussa in northern Greece is the "Mecca of gold prospectors." It is also the city where the first European Convention of Gold Prospectors took place, attracting...
Greece
Athens Resident Wins €9.5 Mln in 'Joker' Lottery with 3-Euro Ticket
Millions of Greeks played the Joker lottery after continuous jackpots, but just one got lucky. A lottery agency in Athens, Greece, is proud to have produced the winning ticket of 9.5 million euros.
According to the agency owner, the lucky ticket holder paid just 3...