Latest News from Greece

Euro hit by concerns over Greece

The euro slipped on Monday ahead of more talks aimed at solving Greece?s debt crisis, while investors also eye a slate of speeches by Federal Reserve officials for further clues about the timing of an interest rate hike.

The single currency eased to $1.0787 and 129.55 yen on Monday from $1.0821 and 129.98 yen in New York on Friday.

Greek-German FMs meet with resolve to tighten relations

German Foreign Minister Frank-Walter Steinmeier said on Sunday that we must cooperation between Germans and Greeks should seen as having mutual benefit. Following his meeting with Greek Foreign Minister Nikos Kotzias, he said that both countries should work to strengthen the two countries mutual trust.

Goldman Sachs predicts Greece will "drag" the euro to less than dollar

Golden Sachs, leading global investment banking, securities and investment management firm, states that the euro will drop beneath the US dollar on account of uncertainty in Greece and southern EU member states.

Kythnos, a secret island in the Cyclades (photos)

Greece's Prime Minister Alexis Tsipras has warned German Chancellor Angela Merkel in a letter that Athens will not be able to service its debt without financial help from the EU, the Greek government revealed on March 23.

Greek government spokesman Gabriel Sakellaridis confirmed a report in the Financial Times which said that Tsipras had written to Merkel.

Draghi cheerleads for economy as Greek risk looms over euro area

Mario Draghi can gauge this week whether his optimism in the economy is well-founded.

Govt cancels special rise in electricity bills

The Ministry of Productive Reconstruction, Environment and Energy is cancelling the increases to the special duty for the reduction of gas emissions (ETMEAR) which had been decided by Greece's power regulator RAE. The amendment concerning this is to be included in the first draft bill to be submitted to Greek Parliament.

Australian archeologists coming to Greece!

By Nikos Chrysoloras & Tony Czuczka

Greek Prime Minister Alexis Tsipras is set to meet German Chancellor Angela Merkel for the second time in five days on Monday, at the start of a week that may prove decisive for Greece?s future in the euro area.

Tsipras warned Merkel of 'impossible' debt obligation

In letter, PM said his government would be forced to choose between paying off loans or continue social spending

Greece's PM Tsipras to Discuss Reform Proposals in Germany

Greek Prime Minister Alexis Tsipras will arrive in Germany Monday for an official visit. The main topic of discussion is said to be the Greek foreign debt and the imminent announcement of government reform proposals.

The Troika creditors have repeatedly demanded that Greece provides a full list of detailed proposals for policy amendments, as reported by the Bulgarian National Radio.

All eyes on the Greek PM-German Chancellor meeting

Prime Minister Alexis Tsipras is visiting German Chancellor Angela Merkel in Berlin on Monday. He has already warned Merkel that Athens will be unable to make debt repayments if the EU fails to unlock financial aid to Greece. The message was sent in a letter amid concerns that Athens would fall short of making pension and wage payments in April.

Bild welcomes Greek PM Tsipras in Germany with special issue in Greek!

Germany's largest newspaper, Bild, known for its vitriolic attacks against the Greek government and, occasionally, the Greek people, seems to have had a change of heart about PM Tsipras.

So much so that, in view of the Greek Prime Minister's visit to Berlin tomorrow, the German tabloid decided to welcome him with an issue? in Greek!

FM Kotzias in favor of political solution to issue of reparations

In an interview with German newspaper Sueddeutsche Zeitung that will be published on Monday, Foreign Minister Nikos Kotzias said that a joint Greek-German Committee of experts should be established to discuss the issue of WWII reparations that Greece claims from Germany.

Gov't must cooperate with technocrats

Time is not on Greece?s side as the threat of a credit crunch looms and real economy conditions worsen

By Dimitris Kontogiannis