Latest News from Greece
Fleeting deal between Athens and EZ creditors generates heated political fallout
Developments, most negative, continued over the weekend on the so-called "Greek issue", both domestically and overseas, with German FinMin Wolfgang Schauble downplaying the possibility of a deal with Athens to unblock bailout funds at next week's closely watched Eurogroup meeting in Riga.
Newsweek: Iron Curtain Back in Bulgaria, Migrants Face Brutality
"The Iron Curtain is back... It stretches along part of the Bulgarian and Greek frontiers with Turkey," an article published by Newsweek argues.
Boat with up to 700 Migrants Capsizes in Mediterranean
Hundreds are now feared dead after another boat, said to be carrying out between 500 and 700 migrants, overturned off Libya.
The incident occurred some 200 km south of the Italian island of Lampedusa, according to Italian coastguard officials quoted by the BBC.
Greece starts trial of neo-Nazi Golden Dawn party
Greece begins one of its most publicised trials in decades on April 20, with dozens of people linked to the neo-Nazi Golden Dawn party facing charges including murder and participation in a criminal organisation.
Lockheed document of 2013: Upgrade of Greek P-3Bs not advantageous!
The defence contractor tapped, in a direct tender, to upgrade Greece's old and inactive maritime surveillance planes says the deal isn't in Athens' best interests!
Turkish Cypriots vote for new leader
Voters in the self-declared Turkish Republic of Northern Cyprus (TRNC) went to the polls on April 19 to elect their new leader from seven candidates including incumbent Dervis Eroglu.
Draghi: The answer is in the hands of the Greek Government
During a press conference in Washington, European Central Bank’s President Mario Draghi stressed on Saturday that Europe is better equipped now to deal with the consequences, if negotiations between Greece and its creditors fail.
“We all want Greece to succeed,” the ECB head said, underlining however that the answer is in the hands of the Greek government.
Reuters: Kremlin denies striking deal for 5 bln euro advance to Greece
The Russian president’s press spokesman, Dmitry Peskov, denied on Saturday a report by German magazine Der Spiegel suggesting that Russia has made a deal with Greece to offer the Mediterranean country an advance of 3-5 billion euros from the anticipated profits of the Greek natural gas pipeline.
Watch a Superpuma rescue newborn twins, other migrants in Aegean (video)
During a difficult operation by the Greek Coast Guard to rescue undocumented migrants in the Aegean, northeast of the island of Agathonissi, an unexpected thing happened.
One of the passengers aboard the vessel that was spotted by the authorities, a pregnant woman from Cameroon who was trying to make it to Greece, together with her husband in search of a better life, went into labor.
European Facebook poetry festival to begin on Saturday
BELGRADE - The European Facebook Poetry Festival will begin at the Novi Sad Fair within the 21st International Book Fair and it gathers over 500 poets from Serbia and abroad.
Paul Krugman: Strict austerity policies must end for Greece
Renowned economist and columnist Paul Krugman who won the Nobel prize for Economics in 2008 stressed once again the need to end to strict austerity policies imposed on Greece, during a press conference in Athens on Saturday.
US Treasury secretary urges Greece to reach debt deal
Treasury Secretary Jacob Lew (photo) is urging Greece to reach a deal with its creditors, warning that a default would "create immediate hardship for Greece" and damage the world economy.
8 national flags made out of traditional foods (photos)
WhybinTBWA Australia advertising firm has created a campaign to promote the Sydney International Food Festival that can also be used as a guide for foodies in their travels abroad.
Greece poised to sign gas deal with Russia, says German weekly
By Noah Barkin and George Georgiopoulos
Greece is poised to sign a gas deal with Russia as early as Tuesday which could bring 3-5 billion euros into depleted government coffers, German magazine Der Spiegel reported, citing a senior figure in the ruling SYRIZA party.
Russia gas deal would not solve Greece's problems, says Schaeuble
By Gernot Heller
German Finance Minister Wolfgang Schaeuble said on Saturday he was happy over a report that Greece was poised to sign a gas deal with Russia, though he added it would not solve the cash-strapped euro zone nation's economic problems.