Greece has no plans to act against all-inclusive resorts
Greece’s tourism minister promised on Thursday Athens had no plans to curb all-inclusive resorts on its sun-drenched islands, after several publications suggested that new Prime […]
National News
The Economist: Syriza’s win could lead to Grexit, but it should lead to a better future for the euro
Go ahead, Angela, make my day IT WAS in Greece that the infernal euro crisis began just over five years ago. So it is classically […]
The Guardian: Germany can’t be allowed to strangle Syriza at birth.
Merkel, the EU bureaucrats and international financiers are cruel but not stupid. They know hope is a contagion, and will do all they can to […]
Germany warns over debt commitments
Germany has warned the new Greek government that it must live up to its commitments to its creditors. German government spokesman Steffan Seibert said it […]
SYRIZA sweeps to power in rebellion against austerity
Greek voters handed power SYRIZA in national elections on Sunday, a popular rebellion against the bitter economic medicine Greece has swallowed for five years and […]
EU to fund research for use of liquid natural gas by Greek ferries
The European Commission will pay about 600,000 euros to fund a study aiming to promote the use of LNG by ferries covering Greek island routes […]
ECB weighing QE through national central banks but not for Greece, Spiegel reports
European Central Bank President Mario Draghi briefed German Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble on quantitative-easing plans under which national central banks would […]
Jailed former minister linked to major criminal ring
The Hellenic Police have managed to dismantle the largest criminal organization in the history of the country, with the assistance of the Counter-Terrorism branch. 37 […]
Trial of energy executives to resume on February 5
The trial of 19 executives from two energy companies accused of defrauding the state is due to resume on February 5 after the suspects proposed […]
Syriza turns Greek oligarchs from taboo subject to economic priority
George Stathakis, Syriza’s shadow development minister, told the Financial Times last week that tackling the oligarchs’ grip on the economy “will be a priority” of […]
Ex-minister offer to return Siemens cash at trial’s start
Former Transport and Communications Minister Tasos Mantelis has offered to return 230,000 euros he received from Siemens in return for a more lenient sentence in […]
The politics behind the ECB’s threat to cut Greece funding
In an article published Tuesday, Bloomberg argues that the European Central Bank is threatening to choke off funding to Greece’s lenders in the hope it […]
Documents indicate bribe paid for tanks deal
German company Rheinmetall has admitted to paying a 127-million-euro bribe to Greek officials to secure the sale of 353 Leopard 2 battle tanks in a […]
Die Welt: Greek debt “haircut” proponents, multiply
The voices in Brussels asking for a “haircut” of the Greek debt are multiplying, according to today’s Die Welt newspaper. “A haircut is inevitable, otherwise […]