Support for Drachma grows in Greece
(Reuters) — In a traditional cafe in a working-class neighbourhood of Athens, 55-year-old musician Stelios Maragakis said he has the solution to Greece’s debt crisis: […]
Seamen’s union warn of strike action 30 June
Greece’s passenger ferry service is expected to be disrupted on Tuesday, June 30, as the Pan-Hellenic Seamen’s Federation (PNO) has announced a 24-hour strike. Among […]
The Guardian: Creditors’ economic plan for Greece is illiterate and doomed to fail
The troika plan for the Greek economy has already failed twice, and it will fail for a third time if the economically illiterate plan being […]
Lagarde: Greek proposal ‘inadequate’ -Tsipras summoned to Brussels for more talks
(The Guardian) — In advance of the third meeting of eurozone finance ministers in less than a week, Tsipras was summoned to the office of […]
ECB gives breathing space to Greek banks following new proposals
(Reuters) — The European Central Bank increased its funding lifeline to Greece’s banks again on Tuesday, sources with direct knowledge of the decision said, allowing […]
Greece accepts principle of extending current bailout
(AFP) — Greece has accepted the principle of extending its current bailout programme which expires at the end of the month so as to keep […]
Stathakis: Greece rescued
(BBC) –In an exclusive BBC interview, to be broadcast tonight, Greece’s economy minister Giorgos Stathakis said that he believes Greece’s new proposals to balance the […]
FT: Greek society’s financial plight reopening old wounds that had healed over the generations
(Financial Times – Affluent Greeks fret as they teeter on the edge – Henry Foy) — On a recent evening at the Semiramis hotel in […]
Greece’s proposals good basis for progress, says EU
(The Guardian, Reuters, enikos.gr) — In the coming hours, the most powerful politicians and officials in Europe will hold a series of emergency meetings that […]
Chania second best in Greece for quality of life
According to the 2015 annual Quality of Life survey , Kos and Chania are the towns that top the quality of life index in Greece, […]
Greece most popular last minute destination
Greece tops the league of last minute holiday destinations with Zakynthos marking an increase of 115 % on last year’s bookings and Crete second with […]
Varoufakis: “I was prevented from sharing the written Greek proposals” in Brussels
The Greek finance minister Yanis Varoufakis in an article in the Irish Times reveals that he was prevented from sharing with Mr Noonan –the Irish […]
Apokoronas council takes action to ensure safe and clean drinking water
Apokoronas council has carried out €1.4 million works to clean and upgrade and extend the drinking water network in January of this year. Water storage […]
No, we will not be using the drachma on Monday. Or maybe not even next month. And the sun will still rise …
Even if Athens does not meet its financial obligations at the end of the month it does not necessarily mean an official default, as the […]
EU orchestrates panic in savers to put pressure on Greek government before summit
Panicking savers in Greece have withdrawn over €3 billion in deposits from the country’s banks between June 15 and June 18 ahead of the Eurogroup […]