Latest News from Greece

FT: Athens nudges closer to IMF positions (video)

The Financial Times reports that the proposals sent by Athens to creditors have nudged a little closer to the positions of the International Monetary Fund (IMF).

Greek Embassy in Berlin 'headless' due to politics

Even as relations between Athens and Berlin come under strain due to tough bailout negotiations, Greece?s embassy in Germany has been without a representative for months.

Tsipras to meet Juncker in Brussels for talks on agreement

Greek Prime Minister Alexis Tsipras will meet European Commission President Jean-Claude Juncker Wednesday for make-or-break bailout talks with a deadline looming for Athens to make a critical repayment.

Greece’s sacrifices: Country prepares to forfeit benefits for deal

Greece’s future hangs in the balance as the Radical Left Coalition (SYRIZA) government negotiates with its creditors in a last-ditch effort to reach a deal. The best-case scenario would result in an immediate agreement for a return to normalcy in Greece or something resembling that.

Yoav Chudnoff: a Tale of Bulgaria, US and a Talking Imperial Eagle

When John B Jackson, an American diplomat who by the mid-1900s had served in US diplomatic missions all over the world, learned in 1903 that Bulgaria would be added to Greece, Romania and Serbia in his portfolio, he was "dead set against it".

Tsipras in Brussels on Wed. to plead case for his govt’s proposal to achieve deal

Greek PM Alexis Tsipras will head to Brussels on Wednesday with his government’s latest framework proposal to access sorely needed cash from its creditors, following a last-minute invitation by EU Commission president Jean-Claude Juncker.

Winner of 9.5-mln-euro lotto ticket partially … surfaces, as lawyer steps forth

The lucky winner of more than 9.5 million euros in the “Joker” lottery game may not have appeared so far, but two of his, or her, attorney visited the “lucky” betting parlour on Tuesday.

According to the betting pools operator OPAP, the multi-million-euro ticket cost a mere … three euros.

The ticket was submitted at a parlour in the Kypseli district of central Athens.

Deal must tackle debt, competitiveness

Interim agreement with creditors would be good, but country?s fundamental problems will remain

By Dimitris Kontogiannis

Economic sentiment sinks to lowest level in 18 months

By Dimitra Manifava

The mood regarding the economy in Greece is at its gloomiest in the last 18 months as the uncertainty over the future grows and fears of the worst are far from banished, according to a survey on economic sentiment by the Foundation for Economic and Industrial Research (IOBE) published on Tuesday.

Athens expects proposal from creditors on Wednesday

Representatives of Greece's lenders were finalizing a set of proposed reforms for Greece on Tuesday, aimed at breaking an impasse in negotiations and allowing crucial rescue loans to be unlocked, even as Greece said it had submitted its own proposal.

Greek police find second safe house used by bank robbers

Police are hoping that the discovery of a second safe house near Volos, central Greece, used by two bank robbers caught on Friday, may provide clues regarding the whereabouts of other wanted criminals with links to urban guerrilla groups, such as Giorgos Petrakakos, Marios Seisidis and even infamous fugitive Vassilis Palaiocostas.