Latest News from Greece
3 New Medical Offices To Be Opened in Refugee Centers in Bulgaria
Nikola Kazakov, Chair of the State Agency for Refugees, has commented on the benefits for Bulgaria from the agreement with the German Federal Office for Migration and Refugees, adding that similar documents were to be signed with Greece and Romania.
More than half of Germans think planned Greek deal is bad: Poll
More than half of Germans think the planned deal with Greece is bad and many would have preferred that the crisis-stricken country left the euro zone rather than getting the chance for further aid, according to an opinion poll.
Reuters: Varoufakis the most ‘expensive’ FinMin in history
In an article on the Greek economic crisis and the costs for Europe and Greece so far from the financial turmoil, Reuters quotes a senior EU official as saying that: “Varoufakis was the most expensive finance minister in history”. As the piece says this feeling by the EU official simply reflects the bitterness many feel towards the Marxist economist.
Greece-EU Relations Cannot Change Just because of Current Govt - Ambassador Stoidis
Greek Ambassador to Bulgaria Dimosthenis Stoidis has underscored that Greece has been an EU Member State for 30 years, adding that this relationship could not change just because of the current government.
Stoidis told journalists in Bulgaria's Kardzhali that the next Greek government would probably continue the positive relations with the EU.
Greek company challenges Coke Empire (pics)
Amid the current economic crisis in Greece, new opportunities arise in the market for entrepreneurs willing to take the risk. But to go up against a global brand name like Coca Cola is quite a challenge. That is exactly what the bottling plant of EPAP in Orestiada in the north east of Greece has done.
Germans want Greece out of Eurozone a poll shows
According to a poll published in German newspaper Welt am Sonntag, more than half the Germans surveyed believe the deal with Greece is bad and say that the country should leave the Eurozone instead of receive another bailout.
Sexy Ivana Nesovic in Greece (hot pics)
Ivana Nesovic is a volleyball player of Greek club Olympiacos. The 190cm tall Serbian beauty had her holidays in Greece with her female friend. Who would you choose between the two sexy ladies?
Italian FinMin says Greek plan should be balanced
Italian Finance Minister Pier Carlo Padoan said that the Greek bailout program must strike a balance between viable measures for public finances and measures that boost growth and job creation. Padoan was commenting on the decision by the ESM to agree on the loan to Greece on principle.
Schauble: My grandmother taught me kindness. I used it with Greece!
In an interview to Spiegel online, German Finance Minister Wolfgang Schauble talks about his disinterest in tweets, the Greek crisis and how American Nobel prize-winning economist Paul Krugman is unaware of Europe.
Bank holiday officially over on Monday
A ministerial order issued Saturday outlines all the details regarding the re-opening of Greek banks on Monday, July 20. Depositors will be allowed to withdraw a total of 420 euros a week. The daily limit remains at 60 euros per day per card, but now people will have the option of making larger sum withdrawals up to 420 euros a week.
Warren Buffett buys Greek island
Warren Buffett, the multi-millionaire American business magnate and investor has reportedly bought the Greek island of Agios Thomas, located on the northwestern side of the island of Egina in the Saronic Gulf. In a joint venture with Italian millionaire Alessandro Proto, the two men closed the deal by reportedly paying out 15 million euros last Thursday.
Bulgaria's C-Bank Backing Timely Finalisation of Postbank-Alpha Bank Deal
Bulgaria's central bank has said its commitment and action taken so far create prerequisites for the timely finalisation of the acquisition of the branch nework of Greece's Alpha Bank in the country by Postbank, a subsidiary of another Greek lender, Eurobank.
Guardian: “No fear, the real Greece is still here” (beautiful pics)
In beautiful piece of what it means to vacation in Greece, and contrary to fear surrounding the country’s future in the Eurozone, the Guardian explains why it is still the right choice visit Greece during summer. The generous and friendly people, the fresh foods and the sense of warmth one feels there. Here is an excerpt of the article by Kevin Rushby:
Bank Holiday Costs Greece EUR 3 B So Far
The bank holiday and capital controls imposed three weeks ago have cost Greece some EUR 3 B, ekathimerini.com reported on Saturday.
The figure doesn't include the loss of revenue from tourism resulting from a drop in the number of new bookings at the peak of the crisis.
73 percent of Greeks want Euro according to poll
A Palmos Analysis poll published in Greek newspaper “Efimerida ton Syntakton-Newspaper of the Writers” reveals that 73 per cent of Greeks polled want the country to remain in the Eurozone. The data also showed that despite the harsh deal between the Greek government and its EU creditors, the electorate would still choose SYRIZA in the event elections were held.