Latest News from Greece
Schaeuble: Any further aid to Greece must 'make sense'
German Finance Minister Wolfgang Schaeuble said helping Greece is in Germany?s interest, though not at all costs, and Greeks shouldn?t blame international creditors for their financial woes.
Greek banks face difficulties in trading currencies
Greek banks are increasingly being hampered from trading currencies, one of most liquid markets, as international dealers cut back credit lines and costs soar, according to people with knowledge of the trades.
May 11 looms large as crucial date for clinching Greek bailout deal
“Guarded optimism” was the theme from Athens on Wednesday, whereas the leitmotif by European leaders was more along the lines of “progress being made… no deal yet”, as the leftist Greek government in Athens faces another IMF payment, worth 750 mln euros, next week.
In terms of the latest comments:
Eight-five percent of disabled children in Greece not receiving an education, study finds
Just 15 percent of Greece?s estimated 200,000 children living with a disability have access to education, a recent study by the local branch of nongovernmental organization ActionAid has found.
UEFA concern over Greek soccer violence bill
Greece provoked fresh concern from European soccer's governing body UEFA on Wednesday over governmental interference which could lead to the Euro 2004 winners' international suspension.
UEFA secretary general Gianni Infantino made plain his unease over proposed amendments to a draft bill to curb violence in domestic sport in a letter to Greek soccer federation.
Former intelligence chief becomes deputy justice minister
A former head of Greece?s National Intelligence Service (EYP), Dimitris Papangelopoulos, was on Wednesday sworn in as deputy justice minister, under minister Nikos Paraskevopoulos.
Papangelopoulos, who was general secretary for transparency at the ministry until Wednesday, led EYP under the premiership of conservative Costas Karamanlis.
Court upholds sentence of man accused of molesting autistic son
A Larissa appeals court has upheld a 15-year jail sentence against a 47-year-old man who was found guilty of sexually abusing his autistic son, court sources said on Wednesday.
Switzerland willing to join EU refugee quota scheme
Switzerland said on Wednesday it would be willing to adopt an EU migration proposal currently being debated by Brussels for the even geographical distribution of asylum seekers across Europe.
EU, IMF hit back at Greece in bailout row
The EU, ECB and IMF hit back on Wednesday at accusations by Athens that internal rifts were blocking a bailout deal, saying they shared the same objective of securing a hard-won settlement.
Statement: Tsipras, Juncker agree on need to ‘modernize’ Greek pension system
Talks, deliberations, meetings and contacts between Greece and its institutional lenders appeared to have picked this week in what’s being billed as a “final stretch” towards a deal – interim or final – to extend the former’s bailout financing.
At stake are 7.2 billion euros in bailout financing left over from the previous program, more-or-less in limbo for months now.
Greece to Pay EUR 200 M Installment Due to IMF
Greece will be paying an installment worth EUR 200 M to the International Monetary Fund by the end of the day Wednesday.
The statement was made by Greek Deputy Finance Minister Dimitris Madras, as quoted by MIA news agency.
The next transfer due to be paid by Greece needs to be submitted on May 12 to the IMF and is in the amount of EUR 750 M.
Deal remains elusive though Greece makes IMF payment [Update]
By George Georgiopoulos & John O?Donnell
Greece made a small interest payment to the International Monetary Fund on Wednesday but European lenders dashed hopes for a cash-for-reforms deal before a more crucial, bigger installment Athens must pay next week.
Greece set to escape ban as sports law goes to parliament
By Graham Wood
Greek soccer is set to breathe a sigh of relief as the country's controversial new sports law was submitted to parliament on Wednesday with the necessary amendments to avoid a FIFA and UEFA ban from international competition.
Air of sudden positivity in negotiations between lenders – Greek gov’t
The 11th of May Eurogroup is slowly revealing itself to becoming a turning point for the Greek economy. After the recent problems in negotiations between Greece and the Institutions, the Brussels talks seem to be finding much more common ground.
Ancient Greek technology tests musk batteries on storage
By Jeremy van Loon
A technology used in ancient Greece to power clocks and fire a cannon is undergoing a revival as the world searches for better ways to store energy from wind turbines and solar panels.