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Greece

Greek Defense Minister Criticized by Turkey as Being 'Provocative'

Greek Defense Minister Panos Kammenos came under fire over the weekend from Ankara, which accused him of having a “provocative attitude” toward Turkey. The Turkish Foreign Ministry announcement: "We consider the recent actions and statements, which are raising the tensions...

Greek FinMin Varoufakis: 'Greece Wants Reforms, is Discussing Process'

The issue in the negotiations with Greece's creditors is not whether to apply the reforms or not, Greek Finance Minister Yanis Varoufakis said from Venice on Saturday, but what process will be followed. Speaking on the sidelines of a...

Turkish-Cypriots Create Controversy Over Halloumi Cheese

The Turkish-Cypriot community objected to halloumi cheese protected designation of origin (PDO) status and claims a separate production control mechanism in the Turkish-occupied territories. Cyprus first made an application to secure PDO status for halloumi cheese in July 2014. Halloumi is...

Convicted Greek Terrorist Xeros Transferred to New Maximum Security Prison in Crete

Convicted Greek terrorist Christodoulos Xeros was transferred from the Domokos prison in central Greece to the Agia prison on the southern Aegean island of Crete on Saturday morning. Xeros, convicted for his participation in terrorist group "November 17" and other terrorist involvement,...

Another €2 Bln in Bad Loans Added in Jan-Feb

Greek bankers estimate that the amount of non performing loans created in the first two months of 2015 amount to 2 billion euros. This is twice the amount of new bad loans created in the last two months of 2014,...

Poll: 64% See Tsipras' Govt in a Positive Light so Far

64% of Greek people think positively of the new government's course so far, according to an opinion poll for newspaper "Efimerida ton Syntakton" published on Saturday, while 31.4% see it negatively/probably negatively. Asked in addition, "Are you happy by the progress...

New Democracy Leader Faces Second Round of Party Wrangling

New Democracy leader Antonis Samaras will once again see his leadership challenged when he will meet with the party's political committee on Sunday. After a long meeting of the New Democracy parliamentary group where Samaras tried to affirm his position as the...

Greek Foreign Minister: Jihadists will Flock in Europe if Greece Crumbles

Greek Minister of Foreign Affairs Nikos Kotzias said that jihadists will flock in Europe if Greek economy crumbles. Kotzias spoke during an unofficial meeting of European Union Foreign Ministers in Riga, Latvia. He stressed Greece's geopolitical importance in the Balkans...

Greek Govt: Doomsayers Proven Wrong Once Again

Those who foresaw a "credit event" and Greece's financial destruction were proven wrong once again, the country's government said on Friday. It reiterated that the Eurogroup will start processing the country's reform proposals on Monday. Among other things, the government said...

To Potami: Greek Govt Preparing for Eurogroup Like Student who Tries to Fool Teacher

Greek opposition "To Potami" urged the government on Friday to end uncertainty and its huge cost on the economy and citizens by making the necessary decisions at Monday’s Eurogroup. "The credit crunch can lead to uncontrollable situations. It’s time to make...