Latest News from Greece
Tsipras: Greek debt relief deal 'closer than ever'
Greece is "closer than ever" to reaching a deal with its international lenders that will help ease its debt mountain, Prime Minister Alexis Tsipras said on Tuesday.
"We are closer than ever to a substantial solution on debt relief and the solution has to do mainly with our lenders' clear obligation," Tsipras told reporters. "Τhe ball is no longer in our court."
Full text of draft preliminary agreement between Greece, creditors
The full text of the draft preliminary agreement between Greece and its creditors has been obtained by German finance newspaper Handelsblatt.
The 53-page document lists all 140 prior actions that the Greek government must carry out by the May 22 Eurogroup meeting.
The full document can be seen by opening the PDF file below.
A defining victory?
The victory of centrist Emmanuel Macron in France's presidential election, in which he beat far-right candidate Marine Le Pen by a particularly wide margin, is a very positive development on a number of fronts.
The final Greece-creditors agreement: Primary Surplus 3,5% from 2019 until 2022 (read full MoU)
The German newspaper Handelsblatt has published the full agreement between Greece and the creditors. In the 53 pages of the final text the most important elements are:
– An up to 18% cut in the pensions from 1/1/2019, with the average reduction being 9%. This means that the losses for the pensioners will be starting from around 300 Euros.
Alex Drakos | Athens | May 10
One of the most exciting percussionists in Greece today, Alex Drakos, will be taking the stage at Six Dogs with his trio on Wednesday, May 10, with a show titled "Tora" that showcases the qualities of the drums, spanning diverse genres from pop to rock and electro to traditional Greek music. Starts at 9 p.m. and tickets cost 8 euros.
The Hellenic Air Force has retired its last RF-4E Phantoms (AMAZING PHOTOS)
On May 4, Larissa airbase, Greece, hosted the spotter day for the final flight of the Hellenic Air Force (HAF) RF-4E, the last “recce” Phantoms in Europe. With the phase out of the last Greek RF-4E, Iran and Japan remain the last operators of the reconnaissance variant of the “Rhino” (how the Phantom is dubbed in the aviation community).