Latest News from Greece

Varoufakis: I stick by my ‘Plan B’

Former Greek Finance Minister Yanis Varoufakis said German Finance Minister Wolfgang Schauble planned to impose the Troika on Paris, Rome and Madrid in an interview to Spanish ‘El Pais’.

Meteora: In the Heavens above (pics+vid+byzantine chanting)

The mystical Meteora (suspended) Mount Monasteries are perched on top of natural sandstone pillars in the area of Kalambaka, Thessaly in central Greece. They are considered an architectural marvel and are on the UNESCO World Heritage List. The monasteries are adorned with some wall frescoes and mosaics of exceptional beauty.

Merkel spotted hiking in the Italian Alps (pics)

German Chancellor Angela Merkel had enough of Greece and chose Italy for her vacation. She was spotted in the Italian Alps, hiking at Solda, in South Tirol on Saturday. Her faithful husband Joachim Sauer accompanied her, looking relaxed, both of them undoubtedly humming the tune Lilli Marlene.

Varoufakis wanted to charter the return to the drachma step by step

Sources state that former Finance Minister Yanis Varoufakis’ preparations for the drachma were built up step-by-step. Centrist Potami deputy Haris Theoharis said that Varoufakis plan for a return to the drachma had been on the table from the outset and he told Proto Thema that he still has his doubts as to whether efforts for the return of the old currency have been scrapped altogether.

Piraeus 'in Talks' with NBG Group to Merge into Bulgaria's UBB

Greece-based Piraeus Bank is negotiating with the National Bank of Greece (NBG) group over a potential merger into United Bulgarian Bank, owned by NBG, media reports suggest.

None of the two Greek lenders has yet commented on the reports of the Greek-language news website Euro2Day, which is quoted by the Bulgarian mass circulation daily 24 Chasa ("24 Hours").

Migrants 'attacked' at sea between Greece and Turkey

Migrants trying to sail from Turkey to Greece are increasingly reporting being attacked by gunmen trying to prevent them from reaching Europe, according to multiple sources.

Migrants being attacked between Greece and Turkey

The UN Refugee agency on Friday refered to increasing attacks of migrants trying to sail from Turkey to Greece by people trying to prevent them from reaching Europe. An international NGO that did not wish to be named has launched an investigation into the shooting claims after several witnesses reported such attacks.

Varoufakis: 'Eurogroup the tombstone of Europe'

In its August edition, French magazine ‘Monde Diplomatique’ publishes a feature article signed by former Greek Finance Minister Yanis Varoufakis, who is currently facing a barrage of accusations by his political opponents in Greece over his infamous tax-code-hacking ‘Plan B’, the worst being that of treason and secretly orchestrating Greece’s exit from the Eurozone.

Recapitalization of Banks top priority to avoid ‘bail-ins’

Greek Finance Minister Euclid Tsakalotos met with Bank of Greece (BoG) Governor Yannis Stournaras at the Finance Ministry Friday. The two men discussed the pressing issue of the timetable for the recapitalization of Greek banks, a matter which is at the heart of negotiations with the institutions currently in Athens.

What types of women don’t marry

Answering to a curious Athenian about the question of marriage, Greek philosopher Socrates supposedly replied that: “Whether a man marries or remains single he will regret it”. Ancient Greece being largely a male-dominated society, Socrates’ purported piece of wisdom referred to men. But what about women? What makes them stay single or decide to get married?

Greek FinMin on meeting with Quartet

Following a 6 hour meeting with  the representatives of the Quartet institutions, Greek Finance Minister Euclid Tsakalotos told the media about some of the issues covered.  The Greek Finance Minister said they talked about organizational matters, as well as how they intended to resolve any issue of misunderstanings or differences of opinion that might arise in a timely manner.

Cyprus business leaders come together for first time to create forum

The business communities of the two sides of Cyprus have for the first time agreed to make their cooperation official by setting up the "Cyprus Business Forum," in a sign displaying optimism for a solution which will reunite the divided island in the near future.

‘Quartet’ reps meet with BoG Governor Stournaras

The ‘Troika’ turned ‘Quartet’ representatives met with the governor of the Bank of Greece Yannis Stournaras Friday, after a 6-hour long talk with Greek Finance Minister Euclid Tsakalotos and his colleague Minister of Finance Giorgos Stathakis.

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