Latest News from Greece
Greece to make international protest over Turkey reserving Aegean air space
Greece is protesting Turkey's move to reserve a large chunk of airspace over the Aegean Sea for military maneuvers until the end of the year, a Greek foreign ministry spokesman says.
Kemal Dervi? optimistic about Greek economy
When Kemal Dervi? was asked to sort out the Turkish economy fourteen years ago, few were hopeful. In 2001, this country was in the midst of its worst economic crisis in modern times and Dervi? was given little chance, despite his 22-year career at the World Bank. He was seen as an inexperienced outsider with little knowledge of domestic politics.
No progress seen in tax administration
By Prokopis Hatzinikolaou
House protection criteria will benefit wealthy borrowers, too
By Evgenia Tzortzi
The regulation that the Finance Ministry is promoting to freeze home repossessions effectively even protects households with high incomes, as it covers not only the 90 percent of households whose main residence is valued up to 200,000 euros, but also the minority that certainly require no protection.
Spanish PM hits back at Greek accusation of anti-Athens 'axis'
Spain's centre-right Prime Minister Mariano Rajoy hit back on Sunday against accusations from Greece's leftist premier that Spain and Portugal had led a conservative conspiracy to topple his anti-austerity government.
German tourists hold back on making reservations in Greece
Although Greece remains a top holiday destination for Germans, January’s stats show that Germans hold back on making reservations.
At the same time, according to the travel agency Germany’s holiday reservations on other competitive destinations such as Egypt increased dramatically, proving once again the Egyptian market comeback.
Deposit outflows from Greek banks slow in March, credit shrinks
Deposit outflows from Greek lenders slowed in March, staunching a run of steep declines that had fueled concerns about the country's banking system as it battles to avert a sovereign default.
Banks' deposits fell to 145 billion euros ($160 billion) from 147.5 bln euros in February, data from the European Central Bank showed on Wednesday.
ECB's Hansson says no reason to consider idea of Greek default
There is no reason to consider the idea of Greece defaulting on its debt, European Central Bank Governing Council member Ardo Hansson said on Wednesday.
'Honest compromise' is not an option, Lafazanis says
As the government prepared to present draft legislation to Greece's lenders, in a bid to show it is serious about acting on pledges to secure aid, Energy Minister Panayiotis Lafazanis, who is also the head of SYRIZA's so-called Left Platform, said that an ?honest compromise? with creditors was not an option.
Reuters: The Eurozone moves on despite the Greek issue
Reuters reports that all latest developments on Greek debt crisis has revived doubts about the long-term survival of the euro, nowhere more so than in London, Europe's main financial center and a hotbed of Euroskepticism.
Tsipras to restore PMQs
Greece's leftist government has decided to restore the weekly session of prime minister's questions, better known here as "the prime minister's hour.?
In a letter to Parliament speaker Zoi Konstantopoulou on Wednesday, Tsipras said he plans to answer questions from members of parliament every Friday.
Varoufakis: "We must build trust with Germany"
"Is a matter of utmost importance for Greece to recover national sovereign, which was given to lenders, with the signing of the loan agreements," said the Greek Minister of Finance Yanis Varoufakis in an interview on Australian network ABC.
Mr. Varoufakis continued by stating that "We must build trust with Germany and to avoid generic estimates of the Greeks or the Germans".
Xeros must not leave prison, US ambassador says
The US Ambassador to Greece David Pearce has once more criticized legislation that paves the way for November 17 terrorist Savvas Xeros to be released from prison early.
German finance chief softens tone, says Greece 'needs time'
German Finance Minister Wolfgang Schaeuble said Mar. 1 Greece's new hard-left government needs "a bit of time" but is committed to implementing necessary reforms to resolve its debt crisis.
"The new Greek government has strong public support," Schaeuble said in an interview with German newspaper Bild am Sonntag.
Schaeuble softens tone, says Greece 'needs time'
German Finance Minister Wolfgang Schaeuble said Sunday Greece's new government needs «a bit of time» but is committed to implementing necessary reforms to resolve its debt crisis.
"The new Greek government has strong public support,» Schaeuble said in an interview with German newspaper Bild am Sonntag.