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Greece

News

Greek singer Demis Roussos dies, age 68

One of the biggest Greek pop music artists dies aged 68.

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Obama says Greece needs growth, not more austerity

“It’s very hard to initiate… changes if people’s standards of living are dropping by 25 percent,” says US President, Barack Obama.

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Venizelos opens leadership issue at PASOK

Party conference in May without the members that joined Papandreou’s movement. ‘Major defeat for PASOK and me personally,’ admits leader of the party.

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State liquidity concerns set to grow by the month

Balance of revenues and spending will soon revert to a deficit.

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Flash floods hit Greece, Albania, force evacuations

Floods around northwestern Greece have caused chaos and destroyed a famous 18th-century stone bridge.

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Tsipras won’t act unilaterally, EU’s Schulz says

The Greek premier, for his part, said that his government was aiming for “a comprehensive European and mutually beneficial solution on matters of common interest.”

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Fitch warns of a downgrade for Greece

If Athens and the eurozone do not reach an agreement soon or if a there is no program to secure funding for Greece.

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Kotzias hails ‘good compromise’ on Russia sanctions in Brussels

Kotzias insisted that Greece was not the “bad boy of Europe” but that it would continue to voice objections if it had them.

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‘Five bodies’ at Alexander-era tomb

The discovery of bones has led to intense speculation surrounding the Alexander-era site.

News

Two Greek banks seek liquidity assistance

Although the amount being sought is small, the move has again evoked fears over the stability of Greece’s banking system.

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