Latest News from Greece

Spain pressures Greece to keep promises in debt crisis

Spain raised the pressure on Greece Monday to "honour its commitments" to its European partners to end its debt crisis and prevent its dropping out of the eurozone.

"I do not want Greece to leave the euro. I do not believe that would be good for Greece or for Europeans in general," said Spanish Prime Minister Mariano Rajoy in a radio interview.

Tsipras promises no wage delays as state finances wilt

Greece has slipped back into deficit so far this year, according to figures from the Bank of Greece. But the country's left-wing Prime Minister Alexis Tsipras ruled out any difficulties in making payments for public sector workers' salaries or state-backed pensions.

Greece must implement structural reforms, says Lagarde [Update]

By Manoj Kumar

Greece needs to implement structural reforms, International Monetary Fund Managing Director Christine Lagarde said on Monday, echoing other international creditors who have urged Athens to implement reforms to secure urgently needed funds.

Varoufakis says clip of rude gesture is fake

Greece's finance minister says a video apparently showing him raising his middle finger to Germany is fake.

The video was shown on German television late Sunday during a political talk show in which Yanis Varoufakis had been invited to discuss Greeces debt woes and relations with Germany.

Greece optimist throws in towel

By Simon Kennedy

Erik Nielsen likes to spend Sunday mornings ruminating over the world economy at a cafe near his west London home.
Finding his favored Caffe Nero too crowded on Mother's Day, the chief global economist of UniCredit Bank AG beat a retreat to his own study. From there, he also changed direction on Greece.

Greece makes repayment to IMF as cash reserves risk running dry

By Eleni Chrepa & Nikos Chrysoloras

Greece repaid a loan due Monday to the International Monetary Fund, further depleting cash reserves that risk running out this month unless a deal is reached with European partners.

Tsipras-Kyprianou meeting on Greece and Cyprus economies

Prime Minister Alexis Tsipras and AKEL party secretary general Andros Kyprianou met to discuss the negotiations of the Greek government with the Brussels Group, the economic situation of Greece and Cyprus, the Cyprus issue dominated a meeting on Monday.

Cinderella's real origins from Ancient Greece

Most people associate "Cinderella" with Disney but the tale actually originated in Ancient Greece. The first recorded Cinderella-like figure is told in a story from the 6th century BC when Greek courtesan Rhodopis had one of her slippers stolen by an eagle who flew it all the way across the Mediterranean into the lap of an Egyptian king.

Greece must implement structural reforms, says Lagarde

Greece needs to implement structural reforms, International Monetary Fund Managing Director Christine Lagarde said on Monday, adding that she felt strongly for taxpayers of the debt-strapped eurozone member state.

Lagarde made the comment at a question-and-answer session with students in New Delhi after earlier giving a speech.

[Reuters]

Student's death in Ioannina ruled a suicide

A coroner ruled on Monday that the cause of death of missing student Vangelis Giakoumakis was suicide. The coronary report pointed to a single wound on the student?s right wrist carried out with a knife.

Authorities believe that the 20-year-old, who was enrolled at the Dairy School in Ioannina, northern Greece, committed suicide on February 6 the day he was reported missing.

FinMin Varoufakis: We will make sure our creditors get their money back

Speaking on German TV, Finance Minister Yanis Varoufakis said that the Greek government is doing everything in its power to make sure that the country's creditors get their money back and that pensions will be paid on time this month.

Greek Jews remember transport to Nazi death camps

THESSALONIKI - Residents of Greeces second-largest city on Sunday placed flowers on train tracks and inside old cattle wagons in solemn remembrance of nearly 50,000 local Jews who were transported to Nazi death camps during World War II.

Thessaloniki Jews remember the Nazi train of shame (photos)

A crowd of 2,000 people gathered at Freedom Square, Thessaloniki, to commemorate the 72nd anniversary of the deportation of 56,000 Greek Sephardic Jews. They solemnly marched from the square to the city's old railway station where the first of 18 trains departed for the Auschwitz-Birkenau concentration camp complex on March 15, 1943.

Germans tired of demands from Athens want Greece to leave euro

By Dalia Fahmy & Elisabeth Behrmann

Berlin cabdriver Jens Mueller says he's had it with the Greek government and he doesn't want Germany to send any more of his tax money to be squandered in Athens.

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