Latest News from Greece

Foreclosures: Primary homes valued more than 180,000 euros at risk

The government has yet to make announcements concerning the future of mortgage homeowners whose primary residence’s are in danger in negotiations between the Radical Left Coalition (SYRIZA) and Greece’s creditors (European Commission, European Central Bank, European Stability Mechanism and the International Monetary Fund).

Boxer Manny Pacquaio has a blast in Athens ahead of his next showdown (pics)

Boxer Manny Pacquaio continued to relax in Greece as the world waits to find out who his next opponent will be. He posed in front of Mount Lycabettus and took a selfie in front of the Parthenon.

His arrival did not go unnoticed as he was mobbed by fans at the Athens International Airport.

Refugees travel to Greece from Turkey in a luxury yacht

Most refugees come in rubber dinghies and risk their lives while making the border crossing from Turkey to Greece. Officials were surprised to find a luxury yacht carrying 345 migrants that paid $2,500 each for the voyage . The vessel equipped to carry 65 people was intercepted by coast guards.

Greek abortion increase shot up by 50% due to the economic crisis

­­­­­­­­­­­­­­­­­­­­­­The 7th Panhellenic Conference of Family Planning, organized by the Greek Society for Family Planning, Birth Control and Reproductive Health, presented abortions statistics that showed that pregnancy terminations  in Greece have shot up 50% since the start of the economic crisis while miscarriages have doubled.

Turkey hosts G-20 at a crisis-hit juncture

Turkey will host the G-20 Summit in the Mediterranean city of Antalya on Nov. 15-16 at a time when the entire neighborhood is hit by political and economic crises.

Tsipras and Merkel burst into laughter

Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel seem to get along well together as they have been photographed more than once while smiling and laughing each other during the Summit which is held at Malta on refugee and migration issue.

30,000 protesters march against SYRIZA’s austerity

About 30,000 demonstrators participated in the three major rallies which took place in the center of Athens against the austerity measures imposed by SYRIZA government.

Greek government races for compromise with creditors

The Greek government is racing to draft measures intended to achieve a compromise with the country's European creditors, so that much-needed bailout funds may be released.

But the government has to work fast, as the Eurogroup has set a deadline of Nov. 16 for an agreement that would provide the next 2 billion euros ($2.17 billion) in bailout funds. 

Scam or objective journalism: Varoufakis’ site 1101 charges 5 euros for membership

Finance Minister Yanis Varoufakis’ $60,000 speeches were not enough to quench his greed for money, his participation in the mysterious 1101 platform shows that his money-grabbing fiesta is all but over. The platform set up by Varoufakis and another 1100 is a site without content that charges users who are “interested in impartial and objective journalism” to pay 5 euros per person for use.

A solid turnout gathers at Syntagma Square (pics + vid)

The Athens center has shut down due to three different protest rallies organized. Traffic has ground to a standstill in central regions so that protestors could make their way to Greek Parliament. They gathered in thousands in what so far looks to be a peaceful protest.


Greece is on strike, and the international media takes notice!

The 24-hour strike action taking place in Greece has grasped the attention of the international media. The first union protest since the Radical Left Coalition (SYRIZA) government rose to power in January is viewed as Greek despair at Prime Minister Alexis Tsipras’ austerity measures as voices of anguish multiply against his government.

24-hour strike guide: Who is striking and where are the protest rallies?

Greece is on its first strike since the Radical Left Coalition (SYRIZA) came into power in January. During Thursday’s 24-hour strike there will be disruptions to public services, museums and archeological sites, schools and pharmacies, while public transport will be disrupted, ferries will remain tied up at ports and hospitals will function with emergency staff.

Creditors demand for 60% of the pension to be paid until the age of 65

The representatives of Greece’s creditors are back in Athens for another round of negotiations with the Greek government.

Shortly after the beginning of the discussions, a source said the representatives demanded immediate and essential changes in the pension system which should be decided by the end of November.

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