Greek deal not done despite IMF payment
(CNBC) Deputy finance minister Dimitris Mardas said Athens had sent €200m to the IMF yesterday. Greece made a €200 million interest payment to the International […]
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 […]
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, […]
When will Greece run out of money? It already has!
(Source: BBC) When will Greece run out of money? The question has been vexing European capitals and the markets for months, as the stand-off between […]
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 […]
Another rockfall on the National Road at Kalami
Last Wednesday a large rock fell on the national road at Kalami, the same location affected by a large landslide last winter and by subsequent […]
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 […]
Athens seeks to change Fraport airports deal – And not a minute too soon….
Reuters reported on Thursday that Greece is trying to change the conditions of a deal to lease 14 regional airports to a joint venture led […]
Development minister in discussion with mayor about the prospects of Apokoronas
In a meeting with the minister for the Economy, Development, Shipping and Tourism, Giorgos Stathakis on 29 April, the mayor highlighted the main points of […]