Latest News from Greece

Germany's Schaeuble pushes back in Greece debt relief row

Reforms agreed by Greece are "remarkable" but the Greek economy is not yet competitive and Athens must press ahead with implementing its existing reforms-for-aid program, German Finance Minister Wolfgang Schaeuble said on Monday.

Macron to Tsipras: France hopes for Greek debt relief

Newly elected French President Emmanuel Macron told Greek PM Alexis Tsipras that he hoped the Greek debt would fall over time, according to Reuters news agency.

Macron tells Tsipras France hopes to ease Greek debt

French President Emmanuel Macron says his new administration will push for an international debt relief deal for austerity-weary Greece.

Macron's office says that he spoke Monday with Greek Prime Minister Alexis Tsipras and stressed "his determination to find an accord soon to lighten the burden of Greek debt over the long term."

Antoaneta Boneva Wins Silver Medal at ISSF World Cup in Munich

Bulgarian's athlete Antoaneta Boneva won silver medal at 25 meter pistol women at the ISSF World Cup in Munich, Germany, BNR reported.

Boneva was 5th before the final shooting with 585 points.

She earned 34 points in the final and placed second in the discipline.

Debt relief is not the solution for Greece

The notion that Greece cannot recover because of its crushing debt burden is superficially attractive. However it overlooks some basic facts and cannot explain why all the other peripheral countries which needed official support (Portugal, Ireland, Spain and Cyprus) are recovering.

German police evacuate SPD party headquarters

German police on Monday evacuated the headquarters of the Social Democratic Party (SPD) in Berlin after a suspicious object was found in the mailroom, a party spokesman said.

EuroGroup meeting (4pm) to decide (?) Greek debt

Greece hopes to achieve a so-called “global deal” at Monday’s EuroGroup meeting which is scheduled to start at 4pm (Greek time). The aim of the Greek side at the meeting to ensure a wording in the final document detailing the interim measures on the Greek debt reduction.

Greek current account deficit widens in March, tourism revenues drop

Greece's current account deficit widened in March compared to the same month a year earlier, as a higher trade gap more than offset an increase in the services balance surplus, the Bank of Greece said on Monday.

President Pavlopoulos: Turkey should allow Patriarchate to reopen School of Chalki

“The Patriarchate is our cradle and the Turkish leadership must realise that the presence of the Patriarchate in Constantinople is one of Turkey’s most powerful ties with the EU and the West”, Greek President Prokopis Pavlopoulos said during his meeting with the Ecumenical Patriarch Bartholomew at the Patriarchate, Monday.

After vote on measures, which way next?

Between the government's claims that the volume of expansionary countermeasures it agreed with Greece's lenders outstrips the fiscal interventions it will have to make in the coming years, and the opposition's mantra that Prime Minister Alexis Tsipras has agreed a fourth memorandum of understanding without any funding, it was difficult for MPs and voters to know whether they were coming or goin

Athens eyes decision on aid, debt at Eurogroup

Finance Minister Euclid Tsakalotos is to meet his eurozone counterparts in Brussels on Monday for talks that, Athens hopes, will lead to the release of crucial bailout loans and a decision to relieve Greece's debt.

Turkish turmoil takes toll on Greek bream

Greek sea bream has been among the victims of the coup attempt in Turkey in July 2016, as a large drop in tourism to the neighboring country since last summer has redirected Turkish bream from the domestic to the international market, where 85 percent of the Greece's bream output is also headed.