What happens if Greece defaults on its International Monetary Fund loans?
In choosing to bundle up four separate June repayments, Greece avoids triggering an immediate default. But in the event of a delayed repayment, according to […]
Month: June 2015
Eurozone still in denial about Greece
(BBC) –There is something wonderfully mad about the idea that if Greece’s creditors can agree on a bailout, that represents important progress. The fundamental disagreement […]
Tsipras: Greek proposal is the only realistic one
(enikos.gr, Reuters)– “The proposal tabled by the Greek side remains the only realistic and constructive proposal on the table,” said Prime Minister Alexis Tsipras, shortly […]
Adulterated EVOO withdrawn from market in northern Greece
A batch of extra virgin olive oil was declared unfit for human consumption by the Greek Food Standards Agency in Thessaloniki to be as it […]
Greek Prime Minister Alexis Tsipras travels to Brussels Wednesday to meet European Commission President Jean-Claude Juncker, government officials say.
(enikos.gr) — The trip was arranged Tuesday night after Juncker invited Tsipras for talks. Tsipras and Juncker are expected to discuss Greece’s, and the […]
Austria has earned more than 100 mln euros in interest from Greek bailout, APA reports
(ANA-MPA/ D. Dimitrakoudis) — Austria has received 101.73 million euros in interest on loans given to Greece under the first Greek bailout programme by December […]
Greek PM Tsipras has ‘realistic’ debt deal proposal
(BBC) — Greek Prime Minister Alexis Tsipras says he has issued “a realistic proposal” to the country’s international creditors in an attempt to secure a […]
Hostage situation on board Kriti II ends with arrest after special forces board ferry
A hostage situation aboard the ANEK lines passenger ferry Kriti 2, en route from Heraklion to Piraeus with 614 passengers on board, ended when men […]
Greece could sign Russian gas deal before the end of agreement deadline
(AFP) — The financing of the extension of a pipeline carrying Russian gas from Turkey to Greece has been secured and a deal could be […]
Thessaloniki mayor “unwelcome in Mt Athos because of his support for Gay Pride”
An informal meeting of The Synod of Priests and Monks called for barring Thessaloniki Mayor Yiannis Boutaris from entering Mount Athos if he continues to […]
Fewer- but more deadly- road accidents in March
Traffic accidents in the month of March decreased by 13.1 percent compared to the same period last year, according to data from the Hellenic Statistical […]
France and Germany oppose proposals to help Italy and Greece cope with migrants
(Reuters, AP)Key European Union nations France and Germany are opposed to new EU proposals to help Italy and Greece cope with a massive influx of […]
Leaders in late night Greek debt talks fail to break deal deadlock
The heads of the IMF and European Central Bank unexpectedly joined talks on Greece’s debt crisis Monday, June 1, as Greece battles with its creditors […]
Four arrested for attempting to sell Minoan statuette for 1 mln euros
(ANA/MPA)—Greek authorities on Friday announced the arrest of four people in Heraklion, Crete on charges of attempting to sell a priceless 3,500-year-old statuette of a […]
Crete, one of the islands you need to explore slowly
(The Globe and Mail ) The porous Cretan rock looks like yellow sponge pulled from the Mediterranean, but the defensive sea wall built from it […]