Latest News from Greece
Tsipras meets with cabinet on eve of bailout talks
By Theophilos Argitis, Eleni Chrepa & Antonis Galanopoulos
Greece's cabinet was locked in talks with the prime minister ahead of a meeting on Monday that will decide the nation's future in Europe's currency bloc.
Bulgaria proposes gas storage facility for Turkish Stream
Bulgaria wants to build a storage facility for natural gas from the Turkish Stream pipeline project, according to Russian Energy Minister Alexander Novak.
Athens says Europe 'doesn't need IMF' on eve of crunch summit
Greece does not want any more help from the IMF, minister of state Nikos Pappas said on June 21 on the eve of a summit which could determine whether the country crashes out of the eurozone.
Morgan Stanley CEO expects Greece to stay in eurozone
The chief executive of Wall Street investment bank Morgan Stanley does not expect Greece to leave the eurozone, he told a German paper, but warned of the political impact that would follow such a scenario.
Amid fears of Greek controls, Cyprus shows restrictions are bearable
By Michele Kambas
As Cyprus's financial system imploded in the spring of 2013, the island's leaders were given an ultimatum: sign up to a bailout deal or watch your banking system collapse.
The brief, painful drama that unfolded on the Mediterranean island led to the first capital controls in the eurozone to stem a bank run and stop money fleeing the country.
Bulgaria Fully Compliant with EU Rules after South Stream Cancellation - Foreign Minister
Bulgaria ensured compliance with all EU rules after the suspension of the South Stream gas pipeline project, according to Foreign Minister Daniel Mitov.
Mitov's statement came in response to the signing of the Russian-Greek Memorandum of Understanding on the construction of the Turkish Stream pipeline.
FAZ: Varoufakis calls on Merkel to make choice and break ‘vicious cycle’
Greek Finance Minister Yanis Varoufakis appealed to German Chancellor Angela Merkel in an article published in Franktfurter Allgemeine, entitled “The Choice is Hers”.
Greek opposition leaders appeal to PM to compromise
Opposition parties appealed to the government and Prime Minister Alexis Tsipras over the weekend as fears of a possible Greek exit from the eurozone peaked.
SYRIZA govt in flurry of backroom negotiations ahead of Mon.
A crucial 48 hours of deliberations ahead of an extraordinary Euro summit on Monday begins with the return of Prime Minister Alexis Tsipras from St. Petersburg. A three-hour briefing of Tsipras began at 2 p.m. on Saturday soon after his arrival to Greece. He met with Deputy Prime Minister Giannis Dragasakis followed by Finance Minister Yanis Varoufakis and Economy Minister George Stathakis.
Greece says ready to compromise, calls for Merkel decision
Greece on June 20 said it would present new proposals to its EU-IMF creditors to reach a debt deal as the country's outspoken finance minister called on German Chancellor Angela Merkel to make a "clear decision" at an upcoming emergency summit.
Robbie Williams wowed fans at Terra Vibe (photos + video)
Over 30,000 fans gathered at Terra Vibe to hear Robbie Williams on his first appearance in Greece paying as much as 98 euros for a coveted ticket. “I’m fuckin’ Robbie Williams and for the next two hours your butts are mine!” he said, blasting onto the stage at 10.30 pm. with the song “Let Me Entertain You”, and crooning until 12.30 a.m.
Monarchy returns to Greece… Thousands of Greeks say, “Hail King Yanis!” (photos)
A Facebook bid aimed at the anointment of Finance Minister Yanis Varoufakis as King of Greece has avalanched with more and more people stating their intent to head to the rally being planned for 11.30 p.m. on December 31, 2015.
Tourist SOS… Sunscreen, hat and emergency Grexit preparedness!
The U.K. Foreign Office is on the brink of issuing new travel advice to British holidaymakers as Greece looks set for an economic meltdown. London’s officials state that current advice is “under review” even though the final draft is set to be made once the situation becomes clearer.
If you can’t drink to a Grexit, perhaps you should drink it… literally!
A German with a sense of humor is marketing Grexit, the drink, with a taste of vodka lemonade. The product is being launched at a time when a default looms dangerously close for Greece. Creator Uwe Dalhoff registered the label in January, anticipating a Grexit, and timing the drink to coincide with one.