Latest News from Greece

La Mirage Hotel in Omonoia Square to reopen

Aviation Share Fund, which is the owner of the legendary hotel La Mirage in the city centre, is looking to lease out the property to an prospectful investor for 5 million Euros, with the aim to renovate the building.

Vitsas: Claims that Greece wanted to print drachmas are "nonsense"

Deputy Defense Minister Dimitris Vitsas has dismissed  as "nonsense," the claim that Vladimir Putin was asked by Greek officials in 2015 if Athens could print drachmas in Russia.

Speaking to Real FM radio on Friday, he said that it was a non issue as "Syriza never discussed the printing of money."                    

Bruegel economist says Greece may need fourth bailout

Greece will probably need a fourth bailout as it will be unable to borrow from international markets in 2018, according to Zsolt Darvas, a senior economist at the Bruegel Institute, a European think tank specializing in economics.

Speaking at the Thessaloniki Summit, he said that in 2018 "Greece will not be able to borrow from the markets."

Bruegel Institute economist: Greece will need a 4th memorandum

Hungarian economist Zsolt Darvas of the “Bruegel Institute” said Greece would have to accept a 4th bailout program (memorandum), during a speech in Thessaloniki. Speaking at the “Thessaloniki Summit” event, the Hungarian economist stressed  expressed the view that Greece would fail to borrow from the markets in 2018 and would be forced to receive a 4th package of financial aid.

Wikileaks: Bill Clinton pressured Tsipras to accept 3rd memorandum

According to whistleblower site Wikileaks, former US President Bill Clinton was ‘recruited’ by Hillary Clinton’s campaign head John Podesta to convince Greek PM Alexis Tsipras to sign on to the third bailout program in 2015. The new revelations were brought to light after Wikileaks published a large batch Podesta’s e-mails.

Crazed Greek women ‘worship’ Turkish actor! (photos-video)

With all the delirium and crazed Greek female fans’ reactions going on outside the Michalis Kakogiannis Foundation on Thursday, someone would have been mistaken to think that a mega-Hollywood star like Mat Damon or Brad Pitt was in town. But no.

The ever-growing issue of Gülen's extradition

The non-extradition of Fethullah Gülen, the U.S.-based Islamic preacher, has become an ever-growing issue between Turkey and the United States. At a time when Turkey badly needs to "increase its friends," this constitutes a serious issue. 

The ever-growing issue of Gülen's extradition

The non-extradition of Fethullah Gülen, the U.S.-based Islamic preacher, has become an ever-growing issue between Turkey and the United States. At a time when Turkey badly needs to "increase its friends," this constitutes a serious issue. 

Germany: Refugees Saved in Mediterranean Must Be Returned to North Africa

All illegal migrants who have been saved in the Mediterranean Sea must be returned to special centres for placement in North Africa where their applications for asylum in European countries can be reviewed, stated German Interior Minister Thomas de Maizière before a meeting of the Council of Ministers of the EU in Luxembourg.

Our systemic 'revolutionaries'

It is remarkable how the new generation of Greece's "urban guerrillas" have adopted their predecessors' ambition to play a role in politics, to affect the "system's" course by becoming part of it.

Guards convicted of torturing prison inmate who later died

A Thessaloniki court on Thursday handed jail terms of between five and seven years to 12 correctional officers for causing grievous bodily harm in March 2014 to Albanian inmate Ilie Kareli at Nigrita Prison in northern Greece where he later died.

Passenger shipping sinks in Greece

The downturn in the Greek coastal shipping sector has continued over the last few years, according to a study by ICAP researchers.

Property market in Greece is stuck in a rut

Greek bureaucracy is on a par with Uganda's regarding the procedures required for the sale of a property: Following the government interventions of the last few years, it now takes a total of 10 documents, certificates and so on for anyone to be able to sell one item of real estate in Greece, the same number as in the African country whose recent history has been marked by internal and external

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