Latest News from Greece
Tsipras: Islands at the forefront of migration crisis to be exempt from VAT hike
Greek Prime Minister Alexis Tsipras on Tuesday announced a series of measures regarding eastern Aegean Greek islands during an address from the island of Nisyros.
Greece and lenders seek to break impasse in reform targets
Greece and its creditors resumed attempts on Tuesday to break an impasse on fiscal reforms as the country's leftist-led government criticised the IMF for keeping quiet about the risks of deeper austerity measures in the discussions with lenders.
Tsakalotos responds to Tompsen: we will not accept the austerity measures the IMF wants
In statements to The Guardian today, Finance Minister Euclid Tsakalotos said that “after seven years of deep recession, no government would accept the measures requested by the IMF.” He also insisted that Athens has not agreed to pursuing a primary surplus of 3.5% of the GDP at the end of the program.
Turkey most searched holiday destination on Yandex among Russian tourists: Official
Turkey is the most searched holiday destination on Yandex among Russian tourists, the search engine's commerce director, Maxim Grishakov, said at the World Tourism Forum on Dec. 10 in the southern resort of Antalya.
Turkey most searched holiday destination on Yandex among Russian tourists: Company
Turkey is the most searched holiday destination on Yandex among Russian tourists, the search engine's commerce director, Maxim Grishakov, said at the World Tourism Forum on Dec. 10 in the southern resort of Antalya.
Greece eyes bailout review deal in early days of 2017 at latest
Greece said on Tuesday it can conclude the latest review of its bailout with its international lenders by early next year but reiterated that its position on fiscal targets and labor reforms remains "unchanged."
Representatives from the country's EU and International Monetary Fund lenders resume talks with Athens later on Tuesday in an effort to break an impasse in negotiations.
Greek program is reliable, says EU spokeswoman in response to top IMF officials' statement
The Greek bailout program was completely reliable, a spokesperson for the European Commission said Tuesday, in response to comments made by top IMF officials Maurice Obstfeld and Poul Thomsen on Monday.
Greeks the most pessimistic of all, OECD study shows
Only 24% of Greeks believe the future generations of the country will have a better life, according to joint survey by the OECD and the World bank. The report revealed that Greeks were thee least happy and most dissatisfied of all all Europeans, according to Greek newspaper “Nafetmporiki”.
EU to reinforce Frontex presence in Greece, says German report
The European Union border control agency Frontex was reinforcing its presence in Greece, a Spiegel Online report said on Tuesday.
According to the report, an increased Frontex presence pointed to the EU preparing the ground for a possible cancellation of a deal signed with Turkey regarding migrants.
Who drinks the most beer in Europe (infographic)
Which European countries tend to drink the most beer every year? The Czech Republic is well known as a haven for beer lovers, tracing its brewing history all the way back to the Břevnov Monastery in 993.
Archaeologists discover 2,500 lost city in Thessaly (photos)
Archaeologists have unearthed a lost ancient city in the region of Thessaly, Greece dating back 2,500 years! The amazing discovery was made by researchers from the University of Gothenburg and the University of Bournmouth. The excavations teams started exploring the ruins at a village called Vlochos, about 300km north of Athens.
What’s with Tuesday the 13th and Greeks?
Unlike the “English world” who considers Friday the 13th a day of bad luck, the Greeks have marked down Tuesday the 13th on their calendars as the unluckiest day of all. A number of reasons can be cited for the superstitions surrounding 13. one reason Greeks have associated that particular day with bad luck finds its roots in the Byzantine era and more specifically in Christian Orthodoxy.
PPC sees bad debt provisions dropping sharply this year, says CEO
Greece's main power utility Public Power Corp. (PPC) will see a sharp drop in provisions for overdue bills this year helped by a repayment scheme launched in April, its chief executive said late on Monday.
Varoufakis: Schauble wants to control French budget
“Do you have the impression that Schauble cares about Greece? He knows that there is no way the memorandums will succeed in our country. The only thing he wants is to control the French budget”, ex-Finance Minister of Greece Yianis Varoufakis told an audience during the presentation of his new book titled “The Abduction of Europe”.
Report: More must be done to fight party corruption
Greece has a poor track record in fighting corruption in party financing, bribery and trading in influence, according to new report by the Council of Europe's Group of States against Corruption (GRECO), which said it saw no improvement since its last report in June, 2015.