Latest News from Greece
Stournaras expects return to capital markets in mid-2018
Greece's central bank chief urged eurozone finance ministers on Monday to grant his country debt relief hours before they were to meet in Brussels to discuss short-term easing measures and said he expects a return to capital markets in mid-2018.
Greek penis size not so “great”, according to study (map)
A recently released interactive map from TargetMap shows certain findings of erect penis length from across the globe. You can see the interactive map here. To see each country’s given statistics just hover over it with your mouse or give it a tap.
Visiting German foreign minister to hold talks with Greek PM, opposition leader
Greek Prime Minister Alexis Tsipras was expected to meet with German Foreign Minister Frank-Walter Steinmeier at 10 a.m. on Monday.
Steinmeier, who arrived in Athens on Sunday, was scheduled to meet with conservative opposition leader Kyriakos Mitsotakis at 13.15 p.m.
German Foreign Minister rebukes Turkey over Lausanne Treaty
German Foreign Minister Frank-Walter Steinmeier berated Turkey’s political establishment, saying playing “games” with the Lausanne Treaty did not constitute policy, during a joint press conference with his Greek counterpart Nikos Kotzias in Athens.
Greek PM welcomes result of Austrian presidential election
Greek Prime Minister Alexis Tsipras has welcomed the results of the presidential election in Austria calling it "a breath of fresh air."
In Austria, left-leaning Alexander Van der Bellen defeated right-wing rival Norbert Hofer, a victory welcomed by moderate politicians across Europe seeking to halt the wave of right-wing populism sweeping Western democracies.
Banks waiting to become useful again
The immediate future of the Greek economy will be decided in the coming days, not least at Monday's Eurogroup in Brussels. However, as fiscal targets, labor reforms and debt relief dominate the discussion, one issue will go largely under the radar despite it being a crucial element to any recovery.
Greece sees final solution on debt crisis amid euro uncertainty
Political uncertainty in Europe has created fresh momentum for a "comprehensive and permanent" solution to the Greek debt crisis before the year ends, a government spokesman said on Sunday.
Schaeuble holds out against Greek debt cut
Germany's finance minister is underlining his opposition to a debt cut for Greece and urging Athens to push ahead with reforms before a meeting with his eurozone counterparts.
Schauble: reform or Grexit; Steinmeier: talk of Greece outside the Euro is preposterous
Just as the German Finance Minister reintroduces the prospect of a Grexit, the German Foreign Minister describes those in Germany who would even entertain the notion of Greece’s departure from the Eurozone as “frivolous.”
Six people detained ahead of human trafficking operation in Bodrum
Six people were detained on Dec. 4 after preparing a speed boat anchored in the Bitez cove of Bodrum, aiming to illegally send migrants over to Greece.
Schäuble puts Grexit back on the agenda: If you want to stay in the Euro, make reforms
In an interview published in Germany’s Bild am Sontag today, the German Finance Minister Wolfgang Schäuble adhered to his long-held belief that structural reforms, not debt relief, would contribute to Greece achieving a serviceable debt and remaining in the Eurozone, arguing that interest rates and repayments burden its budget only negligibly.
EU banks at risk from bad loans, low profit: Regulator
The greatest risks facing European Union banks are high levels of bad loans and lower profitability, the bloc's financial regulator said in a report on Dec. 2.
The European Banking Authority said that while EU-wide lenders had strengthened their capital buffers, technology-related risks were increasing amid lingering litigation concerns.
History must not be repeated
Many respected historians and intellectuals have warned that, if past experience is any guide, the Greek crisis could evolve into something far worse than an economic disaster. I share their concerns. Greece is a bankrupt nation under foreign supervision. Its institutions are creaking and society has sunk into an ocean of cynicism and frustration. The Greek crisis is a systemic crisis.
Tremendous responsibility
When it comes to dealing with major national issues, Greece should follow the example of Cyprus.
German Minister defends Lausanne Treaty, says Turkey can benefit from migrant deal
As Turkey continues to fuel tensions with Greece over matters of territorial integrity, German Foreign Minister Frank-Walter Steinmeier has told Kathimerini that the terms of the Treaty of Lausanne, which set out the modern borders between Greece and Turkey, are indisputable, adding that Ankara stands to benefit from its agreement with the European Union to tackle the refugee crisis.