Latest News from Greece

Greek Finance Minister Yanis Varoufakis will not bring a list of new reform measures to the meeting of EU finance ministers later this week, he said in a newspaper interview Tuesday.

"The Eurogroup is not the right place to present proposals which haven't been discussed and negotiated on a lower level before," Varoufakis told the German mass-circulation daily Bild.

Greek Finance Minister Yanis Varoufakis said in a German newspaper interview that he is not planning to present new reform proposals at a Eurogroup meeting later this week, according to interview excerpts published on June 16.

Eurochange Express, a Facebook group, on Monday urged Greeks to take to the streets and rally against austerity on Wednesday at Syntagma Square. The protest rally, entitled “We take the negotiation into our hands – We knock down austerity” – is based on the premise that “nobody has the right to abolish the democratic right of people, of the entire society to decide on its future.”

Athens Mayor Giorgos Kaminis on Tuesday appealed for help from the government and Greece's eurozone partners to manage the arrival of thousands of migrants and refugees in the Greek capital, warning that the situation could "spiral out of control."

The Telegraph’s article, titled “Greece accuses Europe of plotting regime change as creditors draw up ultimatum”, focuses on Greek prime Minister Alexis Tsipras’ accusations that Europe’s creditor powers are trying to subvert Greece’s elected government “after five years of ‘pillaging’ warning in solemn terms that his country will defend its sovereign dignity whatever the consequences.”

By Chryssa Liaggou

The tender for the concession of 20 blocks for hydrocarbon exploration in the Ionian Sea and south of Crete will continue regardless of recommendations by certain companies to postpone it due to low oil rates and the political uncertainty in Greece.