Latest News from Greece

Washington D.C. exhibition focuses on Greek Jews in the WWII Resistance

The personal stories of Greek Jews who took part in the WWII Resistance (1941-44) are the focus of the exhibition “Synagonistis: Greek Jews in the National Resistance,” which was inaugurated on April 1 and will run through May 30 at the Washington Hebrew Congregation in Washington D.C.

Turkish state lender Ziraat to open first foreign bank branch in Ethiopia

Turkey's largest state-owned lender, Ziraat Bank, has proposed opening the first foreign-owned bank branch in Ethiopia, Turkish Economy Minister Nihat Zeybekci has said.

Speaking at the Turkey-Ethiopia Business Forum in Ankara on April 27, Zeybekci said Turkish lender Ziraat Bank was awaiting a response from Ethiopia on its proposal.

'Frustrated' Germany says ball is in Greece's court

Germany's finance ministry expressed frustration on Monday at the lack of progress on Greece's reform plans, saying Berlin would be patient but clearly Athens should make the next move.

Italy says no «Plan B» on Greece, need quick deal on bailout

Italian Economy Minister Pier Carlo Padoan added to calls on Greece to come up with proposals to open the way for a deal on fresh finance from international lenders, but said policy makers were not working on a scenario for Greece leaving the euro.

Grexit scenarios and possible ways to go about it

Greece is the focus of the international community for the third time in five years over the same matter. In 2010, and 2012, the country was pulled back from the cliff of payments suspension, receiving two huge aid packages from the EU, the ECB and the IMF. Now, the country has to face the possibility of not being able to pay the tranches and the debt of about 320 billion euros.

Greeks add pressure on Tsipras to compromise as talks resume

By Marcus Bensasson & Nikos Chrysoloras

Greece resumed efforts to break a deadlock with its creditors as weekend polls showed a majority of the country?s people want the government to make compromises needed to release funds for its economy.

Tsipras reshuffles negotiating team after Riga debacle

By Renee Maltezou & Deepa BabingtonTsi

Greek Prime Minister Alexis Tsipras on Monday reshuffled his team handling talks with European and IMF lenders, after his finance minister was sharply criticized for his performance at a euro zone meeting last week.

EU "would respond to offensive in Ukraine"

EU "would respond to offensive in Ukraine"

WARSAW -- The threat of a new escalation of the Ukraine conflict has not been completely eliminated yet, says Frank-Walter Steinmeier.

The German foreign minister "warned that a new offensive of separatists would not be left without an answer of the European Union," a Polish daily reported.

Increased Number of Bulgarians Vacate Locally

Over 110,000 Bulgarians will be vacating abroad during the first ten days of May. Traditionally, most of the people will be travelling to nearby countries - Greece and Turkey.

This year the cheapest offers have come from Turkey - BGN 198 per week, as stated by Chair of the Institute for Tourism Analysis and Evaluations, Rumen Draganov in an interview for Pressa daily.

European shares fall, Greek concerns weigh

European shares edged lower in early trading on Monday, with lingering concerns over Greece's debt situation prompting investors to trade cautiously at the start of a new week.

German Finance Minister Wolfgang Schaeuble hinted on Saturday that Berlin was preparing for a possible Greek default, drawing a parallel with the secrecy of German reunification plans in 1989.

Greek yields rise after creditors give Athens cold shoulder

Greek bond yields edged higher on Monday as investors reacted to fruitless debt relief talks between euro zone finance ministers on Friday which only served to highlight the gulf between Athens and its creditors.

Adhocracy comes to Greece with urban design

The Adhocracy exhibition at the Onassis Cultural Centre in Athens is the continuation of the research started for the 1st Istanbul Design Biennial in 2012, curated by Joseph Grima and associate curators Ethel Baraona Pohl, Elian Stefa, and Pelin Tan.

J. Dijsselbloem does not see 3rd support package for Greece

Dutch Eurogroup Chief Jeroen Dijsselbloem sees no third support package for Greece, according to his interview on Dutch site, Volkskrant, on Monday. He made it clear that a Grexit was not discussed during the Eurogroup meeting in Riga, Latvia, on Friday, however he said that the foreign finance ministers are becoming more pessimistic concerning Greece’s rescue.

A walk through beautiful Athens (video)

A 3D-walk around Acropolis of Athens ancient city, across Dionysou Aeropagitou street and through Thission and Monastiraki area.

Production: Experience Greece
Production manager: Yannis Ntrenoyannis
Post Production- Editing-Graphics: Panagiotis Patsiaouras
Camera opreator: Theodosis Tzavaras
Music: Sofia Tamvakopoulou

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