Greece

Amid fruitless negotiations between Greece’s anti-austerity coalition government and its international creditors over the terms of the current bailout program, Greek bank deposits fell in April to 139.4 billion euros, down from 145 billion euros in March, according to data released by the European...

"The government will not sign any agreement," Greek Alternate Minister for International Economic Relations Euclid Tsakalotos on Friday said in an interview with "Agora" newspaper. Asked on the Greek government priorities (salaries and pensions or loan obligations), he said...

Main opposition New Democracy (ND) leader Antonis Samaras on Friday called on the government for a change of policy and consensus so that a deal is reached. In a statement to 'Agora' newspaper, Samaras blamed the government for its...

As the number of pensioners in Greece increases rapidly, pension costs reach a 16-year high at 28 billion euros per year. While creditors press for pension cuts and a stop to early retirement, the cost of pensions puts security funds...

German Finance Minister Wolfgang Schaeuble said "the financial assistance program to Greece will expire on June 30, this is the deadline given to Greece." Schaeuble spoke on Friday in a news conference following a meeting of finance chiefs of the...

There will only be one good agreement...this negotiation has dragged on enough...it will include the pension system, labor market and the public debt," Greek Finance Minister Yanis Varoufakis said on Friday. In a radio interview, Varoufakis said there was convergence in...

SYRIZA Parliamentary Spokesperson Nikos Filis said that Greece is seeking a deal with lenders but is also prepared for all possible outcomes in negotiations. Filis spoke to Mega television on Friday saying that the government is taking all precautions to...

The fall of Constantinople was the result of a three month siege by the Ottoman army, led by Sultan Mehmed II. At the time, Emperor Constantine XI Palaiologos was the  ruler of the Byzantine capital. The siege lasted from April...

It all started at 9:30 am on Friday, May 29, when lightning struck six Russian tourists who were on a tour around the archaeological site in Knossos, Crete. One woman was seriously injured, while the others were caught off guard...

Greece is seeking a political solution to the financial aid problem as negotiations on a technical level are progressing very slowly and Brussels warn that time is running out. On Thursday's Euro Working Group (EWG), European Commission officials said that...