FT: IMF wants Europe to write off significant part of debt
(Financial Times) Greece is so far off course on its €172bn bailout programme that it faces losing vital International Monetary Fund support unless European lenders […]
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Martin Wolf: Mythology that blocks progress in Greece
(Extracts- Financial Times ) ‘It will not end well if the players cling to false beliefs’ writes Martin Wolf in the Finacial Times 15/4/2015 He […]
Juncker: ‘Anglo-Saxons’ would rip Europe apart after a Grexit’
(The Telegraph) Speaking to an audience at the Catholic University of Leuven in Belgium on Tuesday, Jean-Claude Juncker said a “Grexit” would leave the euro […]
Disagreements between EU and IMF are obstructing negotiations, say Greek government
(ANA – MPA) The serious disagreements and arguments between the IMF and the EU are obstructing negotiations and raising the risks, government sources said on […]
Early-morning 4.5 Richter earthquake shakes Crete
The Institute of Geodynamics of the National Observatory of Athens has announced that an earthquake measuring 4.5 on the Richter scale occurred at about 6:49am, […]
German Navy boats to assist in migrant rescues
(eKathimerini) Two German Navy vessels reached Crete on Monday, on a mission to assist in migrant rescue operations in the Mediterranean, the German Defense Ministry […]
Athens prison brawl leaves 2 dead, 21 injured
(AP) — A brawl in an Athens prison wing housing foreigners left at least two inmates dead and 21 others injured on Sunday, many seriously, […]
Bloomberg: Varoufakis deserves to be heard
(Bloomberg) “I have never met or spoken to Yanis Varoufakis, Greece’s finance minister. Yet I feel I have gotten to know him through his writing […]
Varoufakis: If Eurozone doesn’t change it will die
(AFP) – Greek Finance Minister Yanis Varoufakis insisted Saturday that Greece would not require a new bailout from its international creditors if they would simply […]
German President Gauck raises prospect of World War Two reparations for Greece
(Deutsche Welle) President Joachim Gauck has raised the possibility of Germany addressing Greece’s demands for reparations for the Nazi occupation of the country. Berlin has […]
Greek government considers selling off ports to reach agreement
(IBT) Greece is considering selling stakes in its two largest ports as a concession to reach an agreement with its European and International Monetary Fund […]
Only in Greece? Court gives dead man six-month suspended jail sentence
(The Guardian) A Greek court has convicted a dead man of stealing electricity from a power utility, giving him a six-month suspended jail sentence. His […]
Corfu carbon monoxide deaths ‘the most appalling tragedy’, says coroner
(The Guardian) A happy half-term holiday in Corfu became “the most appalling tragedy” when two young children died from carbon monoxide poisoning, a coroner has […]
Daimler hit with Greek corruption charges
(The Local.de) Greek prosecutors announced on Monday they are bringing charges against several Daimler managers, who they say were involved in multi-million euro bribes to […]
Tsakalotos replaces Varoufakis as Greek chief bailout negotiator.
(From The Guardian) Euclid Tsakalotos 55, was born in Holland and raised in the UK, the son of a prominent Greek family who sent him […]