Syndicate contentGreece

In Greece, folk music, patriotism soothe wounded pride

With its dignity battered by six years of “humiliation” at the hands of its international creditors, cash-strapped Greece is turning to folk music and patriotism to restore its injured national pride.
The Daily Star: March 31, 2015

Greek debt deal 'possible' but not before Easter: EU president

A new Greek bailout deal is possible before an end-April deadline but it will not come before Easter, EU president Donald Tusk said Tuesday.
AFP: March 31, 2015

Merkel: We are working to keep Greece part of the eurozone

Chancellor Angela Merkel signaled she's prepared to ride out German voters' discontent to try to keep Greece in the euro, as long as Prime Minister Alexis Tsipras does his part and presents a viable economic plan, according to Bloomberg news agency.
March 31, 2015

Netherlands causes Greece to miss out on €1.7m in tax, says report

The Netherlands' tax regime is enabling a Canadian gold mining company to pay less tax in Greece, a report by a Dutch foundation concluded Monday.
EUObserver: March 30, 2015

Government expects 3.7 billion euros in revenues from reforms package

The Greek government expects revenues of 3.7 billion euros from the introduction of a reform package currently discussed with the country's creditors in the Brussels Group.
March 30, 2015

Greek prime minister: Debt needs restructuring for repayment

Greece will be unable to repay massive bailout debts without eventually restructuring them, the prime minister said, as pressure from lenders mounted on Athens to produce viable cost-cutting reforms to unlock emergency funds and prevent default.
The Missoulian: March 30, 2015

Germany says Greece must flesh out reforms to unlock aid

Greece’s biggest creditor Germany said on Monday that the euro zone would give Athens no further financial aid until it has a more detailed list of reforms and some are enacted into law, adding to scepticism over plans presented last week.
Euronews: March 30, 2015

Northern Ireland beats Finland 2-1 in Euro 2016 qualifying; Greece held 0-0 by Hungary

Romania and Northern Ireland both won on Sunday to tighten their grip on the top two places in Group F of European Championship qualifying, while Greece showed signs of improvement in a 0-0 draw against Hungary.
The Tribune: March 30, 2015

Austrian finmin sees crisis of confidence in Greece

Greece's international partners have lost trust in Greece, Austrian Finance Minister Hans Joerg Schelling said on Friday, underscoring that Athens needs to stick to conditions of its current rescue and saying a fresh debt haircut would do no good.
Reuters: March 30, 2015

Greek government denies finance minister Varoufakis to resign

Greece's outspoken Finance Minister Yanis Varoufakis is not planning to resign, two Greek government officials said on Friday, denying a report in Germany's Bild newspaper.
Reuters: March 30, 2015