Latest News from Greece
Germany has limited expectations on Greece for Riga meeting
The German finance ministry has limited expectations regarding the Greece crisis at a meeting of eurozone finance ministers on Friday in Riga, a spokesman for the finance ministry in Berlin said on Wednesday.
Greek cash seen lasting into June, no EU deal imminent
Greece can scrape together enough cash to meet its payment obligations until June, eurozone and Greek officials said on Wednesday, playing down fears of an imminent default as hopes receded of a deal with its creditors to release fresh aid.
Liquidity is on its last throes, as fiscal thriller escalates
The EuroWorking Group is currently meeting, giving a precursor to today’s Brussels Group meeting. According to Finance Ministry officials, the meetings held in Paris take many an hour and last several days. FinMin Yanis Varoufakis departed for Riga, today, for Friday’s Eurogroup. According to information, Mr.
FT: Mythology blocking Greek progress, 6 myths
The Financial Times reports that the Greek epic continues in an article titled “Mythology that blocks progress in Greece.” The article states that the Greek drama won’t end well unless “the people involved do not recognize that they are clinging on to myths” and then presents six of these that pose intellectual and emotional obstacles to reaching a solution.
"Royal" Theodora Greece is a star in Hollywood (video)
Princess Theodora, aged 32, the youngest daughter of the former king of Greece, Constantine, is known in the U.S., not as an obscure princess but a budding actress. She has appeared on the Bold and the Beautiful as well as Janna King's Boners and Other Mistakes at the Renegade Theater in Los Angeles. In credits, her name appears as Theodora Greece.
Govt needs 350-400 mln to pay wages and pensions
Alt. Finance Minister Dimitris Mardas told private MEGA TV on Wednesday that there is a deficit of 350-400 mln euros that needs to be covered by April 27 so that the government can meet its obligations and pay salaries and pensions.
"We have a 350- to 400-mln-euro revenue deficit that needs to be covered by the end of the month in order to meet the country's needs," he said.
CHP promises a halt to 'Middle Easternization' of Turkey
This column on April 18 analyzed the foreign policy section of the ruling Justice and Development Party?s (AKP) election manifesto and found that the government is not promising a change in its diplomatic line. Today?s column will study the main opposition Republican People?s Party?s (CHP) plan for foreign policy under the title ?the vision for citizens and value-based foreign policy.?
Bulgaria to Host Trilateral Talks on Vertical Gas Corridor with Greece, Romania
Bulgaria is to host on Wednesday a trilateral working meeting on the construction of a vertical gas corridor with Romania and Greece.
Both the high-level and expert working groups on the vertical gas corridor will hold their first meetings on Wednesday, daily Dnevnik reports.
Order points to rising US-Greek tensions
Xeros, Maziotis put on list as Athens tries to ease concerns over prison bill
Tensions between Greece and the US grew Tuesday after Washington placed two convicted Greek guerrillas on a terrorism blacklist amid concerns that a third could soon be transferred from prison to house arrest under the conditions of a new prison law.
It's up to the Greek government to ensure deal with lenders, says ECB's Coeure
By Alexis Papachelas
The responsibility for an agreement between Greece and its lenders and for keeping the country in the eurozone rests solely with the government in Athens, according to European Central Bank executive board member Benoit Coeure.
Alt. FinMin D. Mardas briefs local reps on urgent need to collect money (video)
Alternate Finance Minister Dimitris Mardas was present at the emergency meeting called by the Central Union of Municipalities of Greece (KEDE) following a government decree for public bodies to transfer funds to the Bank of Greece (BoG). Mardas explained that the government hopes in this way to cover a "gap" in its finances worth 552 mln euros.
IOBE: No agreement would be a huge failure
By Sotiris Nikas
Greece?s Foundation for Economic and Industrial Research (IOBE) on Tuesday revised this year?s growth estimate from 3 to 1 percent, while its head, Nikos Vettas, described the possible lack of agreement between the government and its creditors as ?an extraordinarily big failure.?
Uncertainty hits bookings from Germany and the UK
By Stathis Kousounis
The political and economic uncertainty is having a growing impact on tourism in Greece, with bookings from Germany and Britain showing worrying signs in March.
No leap in relations with Russia
Gazprom agrees to the creation of a consortium for the construction of gas pipeline?s Greek extension
By Chryssa Liaggou
The leap forward in Greek-Russian relations that the government had been hoping for did not happen on Tuesday during Gazprom chief Alexey Miller?s visit to Athens.
Sources: ECB may cut emergency bank funding for Greek banks; Yanis confident of deal
Statements, comments and speculation throughout Europe on the "Greek issue" continued unabated on Tuesday, given that no deal appears on the horizon, at least this month.