Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Tuesday, November 10, 2015

Greek PM Tsipras tells cabinet to get deal with lenders this week

Greek Prime Minister Alexis Tsipras told his cabinet on Tuesday to wrap up talks with lenders swiftly this week to get a new disbursement of international aid now held up in a dispute over home foreclosures and non-performing loans. In the first major standoff with lenders since their being re-elected to office in September, Greek officials were told by euro zone finance ministers on Monday Athens would not get any more aid until it implemented a series of reforms, foremost among them being a tighter foreclosures law on problem mortgages. Tsipras told cabinet it was a "priority" to conclude negotiations this week to allow the disbursement of 2 billion euros in aid, and another 10 billion to be released towards the recapitalisation of Greece's four systemic banks.