Latest News from Greece
"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.
Varoufakis optimistic over deal with EU/IMF lenders, cites convergence
Greece will reach a deal with its international lenders although this may not happen in the upcoming meeting of eurozone finance ministers, Greek Finance Minister Yanis Varoufakis said on Tuesday citing signs of convergence.
Gazprom Set to Transport Over 47 B Cubic Meters of Gas Through Greece
Greece is hoping the agreement with Russia on the construction of the gas pipeline connecting Turkeish Stream and Central Europe will be signed very soon.
The statement was made by Greek Energy Minister Panagiotis Lafazanis after the meeting held in Athens between Greek PM Alexis Tsipras and Gazprom president Alexey Miller, TASS information agency reported.
Bundesbank: ECB cash is linked to Greek banks' health
The provision of European Central Bank emergency liquidity to Greece is ?directly correlated? to the health of its banks and will continue as long as the preconditions are met, a top policymaker from Germany?s Bundesbank said on Tuesday.
Bundesbank board member Andreas Dombret declined to say how the ECB should respond if Greece defaulted.
Yields on Greek bonds rise anew
Greece?s three-year note yield climbed as high as 29.85 percent on Tuesday, while those on its 10-year securities reached 13.63 percent, the most since December 2012.
Up to Monday Greek government securities had lost 18 percent this year, the only decline among sovereign markets tracked by Bloomberg World Bond Indexes.
[Bloomberg]