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Saturday, March 14, 2015

Greek Prime Minister Warns of 'Far-Right' Threat in Europe

Athens: Greek Prime Minister Alexis Tsipras on Saturday said Europe had to decide between democracy and "extreme right populist forces" ...


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Greece finance minister throws cold water on quantitative easing to fuel equity rally

Finance Minister Yanis Varoufakis: 'QE is all around us and optimism is in the air, (but not) to sound the party pooper ...' — Reuters picCERNOBBIO ...


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German Chancellor Merkel Believes the Eurozone Can Bear a Grexit But Fears Instability

German Chancellor Angela Merkel believes the Eurozone can bear a possible Grexit but worries about geopolitics, German senior officials said, according to Euro Insight. Europe’s Iron Lady appears determined to prevent Greece’s exit from the single currency by accident, amid rising tension between Athens and Berlin. As the same sources indicate, if Greece was to leave the euro, it would be due to not enough common ground found between Eurozone member-states rather than missing targets regarding its debt repayment deadlines or reform commitments that have already been set by its international creditors. “This is a political decision, there will be no ‘Graccident,’” an official declared, using the term brought up lately by German Finance Minister Wolfgang Schaeuble to describe the possibility of Greece leaving the euro as a result of misunderstandings and political differences. At the same time, the German Chancellor appears much more concerned of the possible geopolitical consequences of such a development, as the single currency bloc is now better equipped to handle market turbulence in case of a Grexit. Her reasoning is based on the fact that the traditionally unstable region of southern Balkans could be destabilized and Greece, which is also a NATO member, could fall under the influence of Moscow. That is the reason the German government is reportedly ready to back unorthodox solutions to prevent a Greek default, despite the latest war of words between Athens and Berlin. These are said to include increasing the limits of short-term t-bills that Athens could issue and sell to Greek banks and then post them as collateral with the European Central Bank (ECB), temporary capital controls in case of a bank-run, paying out funds from the current program ahead of schedule and delaying debt repayments to the International Monetary Fund (IMF). In addition, Berlin is even ready to agree on a lower primary surplus target and leave Greece more leeway when it comes to defining and implementing reforms, and later, also on a possible reduction of the Greek debt. As the officials underlined, though, such supportive moves would only be granted if there is an intra-European political agreement that Greece remains a member of the 19 nations’ single currency area, which, from the German perspective, requires a clear commitment to implement reforms and accept the established bailout infrastructure.


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German FinMin Schaeuble: War Reparations Issue Is Over

The long standing dispute regarding Germany’s war reparations toward Greece have once again topped news headlines in both countries, amid a “cold” period in their relations. German Finance Minister Wolfgang Schaeuble has once again ruled out the possibility of a retreat from what Berlin has already officially said on the matter. As he explained in an interview to Austrian newspaper Der Standard, in which he also commented on the Greek program, the issue has been settled decades ago. At the same time, Spiegel became the first German publication to propose that World War II reparations should be paid to Greece in order to close the matter and subtract an argument from Greek Prime Minister Alexis Tsipras’ negotiations quiver. The article noted that such a move would be politically and morally correct, and added that this will also reduce the arguments of the Greek side. “Alexis Tsipras has threatened with confiscation of German property in Greek territory,” the article reminded, regarding Greek media reports on the matter, which said that this would be the Greek government’s “plan b,” while adding that Defense Minister Panos Kammenos has argued that the war reparations payment would be a good solution for today’s debt crisis. “Seventy years after the war ended and while there has been a large transfer of funds through the European Union, this is not honest,” Spiegel noted, blaming the German government for helping the Greek criticism when appearing unwilling to discuss the matter and repeated that it has already been settled. Nazi victims’ relatives not seeking seizure of German property On their behalf, the families of WWII Nazi crime victims stand against the seizure of German property located in Greece. According to their law representatives, they have no intention of enforcing a 2000 court decision greenlighting confiscation of German state property, such as the Goethe Institute, to recover damages. This is seen as a response to Greek Justice Minister Nikos Paraskevopoulos’ statements earlier this week that he is ready to sign the Supreme Court decision, paving the way for confiscations. As Greek newspaper “Kathimerini” reported, lawyers handling the claims of relatives of the 218 Greeks slaughtered by the Nazi occupation forces in June 1944 at the village of Distomo said they have “no intention of seeking the enforcement of the decision for the Goethe Institute or other property owned by the German state.” The lawyers, however, said that Paraskevopoulos’ statement was a “very powerful political tool” in the relatives’ efforts to negotiate a compensation deal with German authorities.


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Greek Deputy Culture Minister: Amphipolis Excavation Doesn't Need Further Financing

Greek Deputy Culture Minister Nikos Xydakis has earlier ruled out the possibility of a potential new funding in support of the Amphipolis excavation.


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Two PH animated films in Greece

Joey Agbayani's animated short film “The Ghostwriter” will be screened in the Marathon section of the 10th Athens Animfest, set in Greece March 26 to ...


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Businessman Stergios Pitsiorlas tipped to lead Greece's privatisation agency

Business executive Stergios Pitsiorlas is expected to be appointed the new head of Greece's privatisation agency HRADF next week as the first changes to the fund’s board are about to be implemented, daily Kathimerini reported on Saturday. The work ...


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The choices for Greece are now clear.

In the second option, Greece defaults on its debt but stays in the euro. ... The third option allows Greece to regain control of its currency and interest ...


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CNBC Interview: Greek Finance Minister, Yanis Varoufakis

Julia Chatterley (JC): You've taken some heat in the Greek press in the last 24 hours for saying you'll do whatever it takes as far as a deal in Europe is ...


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Basketball: Fenerbahce Ulker beat Greek giants Olympiacos

Turkish basketball club Fenerbahce Ulker finished the Top 16, Round 10 of the Turkish Airlines Euroleague with a win against Greek giants ...


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No more cash for Amphipolis dig at the moment

There will be no more government funding at this stage for the archaeological work at Amphipolis, northern Greece, with experts focusing on the findings that have already been unearthed, Alternate Culture Minister Nikos Xydakis said on Saturday during a visit to the site.


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New Greek president to work for unity between political parties

A day after being sworn in as Greece’s seventh president, Prokopis Pavlopoulos told journalists on Saturday that he will make an effort to create greater unity between Greece’s political parties in an attempt to get Greeks back on their feet.


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Technical talks to resume with lenders

Greece embarks on a second week of technical discussions with its lenders from Monday with the aim of agreeing on a first batch of reforms but also securing a concession, possibly from the European Central Bank, that would help it overcome its pressing liquidity problems.


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Police scheme to curb crime in central Athens pleases traders

The head of the Athens Traders Association, Panagis Karellas, has expressed the organization’s satisfaction with regard to a new scheme recently unveiled by the Greek Police aimed at curbing crime in the city’s historic center and other downtown areas.


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Search by divers in Pamvotida Lake finds no sign of missing student

A search operation conducted on Saturday by divers in Pamvotida Lake in Ioannina, northwestern Greece, failed to produce any evidence with regard to the disappearance of student Vangelis Giakoumakis.


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Schaeuble to Varoufakis: If You Want to Leave the Euro, We Will Help

The causes of the Greek problem are not to be tracked in Brussels, Europe or Germany. They should be tracked in Greece because it had been living above its capabilities for a long time, said German Finance Minister Wolfgang Schaeuble in an interview to Austrian newspaper Der Standard. As he explained, perhaps the Eurozone was a temptation for Greece, adding that the German War Reparations issue, which has lately occupied the Greek media, has already been settled many decades ago. At the same time, Greek financial newspaper Agora revealed that the German Finance Minister had a -worrying at least- discussion with his Greek counterpart Yanis Varoufakis on the sidelines of Monday’s Eurogroup meeting. According to the report, Schaeuble offered to Varoufakis Germany’s assistance in case Athens decides to leave the Eurozone. The reported discussion between the two Finance Ministers is as follows: Varoufakis: We want to progress the February 20 agreement implementation. Schaeuble: We believe that the Greek program’s fifth evaluation must be completed as it is, without any alterations and with the prerequisites set before the elections, by Troika’s on-site inspections in Athens. Until then, there should be absolutely no disbursement. Varoufakis: Look, these things cannot happen. We just agreed something different at the Eurogroup. Schaeuble: In that case, there are options. For example, you can leave the euro whenever you want. We will help you in this process. Varoufakis: As you know, this is not our choice.


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Greek defense minister chides Schaeuble over comments

“We Greeks remember perfectly well Mr Schaeuble having to quit the presidency of his party because he was implicated in a corruption scandal.


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Greek finance minister Yanis Varoufakis sounds alarm over quantitative easing

The European Central Bank kicked off its bond-buying programme this week, as investors cheered the move, however Greece's Finance Minister ...


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Statement Released On Greece Athena Probe

A statement released by the department on Friday says the incident “is the Greece Police Department's top priority.” Police officials say they have ...


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QE to fuel unsustainable equity rally: Greek FinMin

QE to fuel unsustainable equity rally: Greek FinMin. The ECB's bond purchases are unlikely to boost euro zone investments, Greek Finance Minister ...


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BC-SOC--Greek Standings

by  Associated Press BC-SOC--Greek Standings Associated Press - 14 March 2015 11:01-04:00 BC-SOC--Greek Standings Greek Football Standings Greek League GP W D L GF GA Pts Panathinaikos 27 19 4 4 50 22 61 Olympiakos 25 18 4 3 56 16 58 PAOK Thessaloniki 26 16 2 8 50 37 50 Asteras 26 14 5 7 44 27 47 Panetolikos 26 11 9 6 34 19 42 PAS Giannina 26 10 10 6 37 27 40 Xanthi 26 10 10 6 39 32 40 Atromitos 25 9 10 6 28 20 37 Kerkyra 26 9 7 10 28 27 34 Kalloni 26 8 10 8 23 26 34 Veria 26 9 7 10 34 42 34 Panionios 26 7 7 12 27 35 28 Panthrakikos 25 6 10 9 23 33 28 Platanias 26 7 6 13 21 28 27 Ergotelis 27 6 7 14 30 52 25 Levadiakos 26 6 7 13 27 28 25 b-OFI Crete 25 7 2 16 25 49 13 a-Niki Volos 26 2 1 23 7 63 -6 a-penalized 13 points b-penalized 10 points Saturday, March 14 Ergotelis 0, Panathinaikos 2 Atromitos vs. Panthrakikos, 1515 GMT PAOK Thessaloniki vs. Asteras, 1730 GMT Sunday, March 15 PAS Giannina vs. Panetolikos, 1300 GMT Kalloni vs. Veria, 1515 GMT Kerkyra vs. OFI Crete, 1515 GMT Panionios vs. Platanias, 1515 GMT Olympiakos vs. Xanthi, 1730 GMT Wednesday, March 18 OFI Crete vs. Panthrakikos, 1300 GMT PAS Giannina vs. Platanias, 1300 GMT Kerkyra vs. Niki Volos, 1515 GMT Levadiakos vs. Kalloni, 1515 GMT PAOK Thessaloniki vs. Ergotelis, 1515 GMT Panionios vs. Veria, 1515 GMT Xanthi vs. Panetolikos, 1515 GMT Atromitos vs. Panathinaikos, 1730 GMT Thursday, March 19 Olympiakos vs. Asteras, 1445 GMT Saturday, March 21 Niki Volos vs. Panionios, 1300 GMT Panetolikos vs. Levadiakos, 1515 GMT Panthrakikos vs. PAOK Thessaloniki, 1730 GMT Sunday, March 22 Xanthi vs. Atromitos, 1300 GMT Asteras vs. Ergotelis, 1515 GMT Olympiakos vs. Kerkyra, 1515 GMT Platanias vs. Kalloni, 1515 GMT Veria vs. Panathinaikos, 1730 GMT Monday, March 23 OFI Crete vs. PAS Giannina, 1730 GMT News Topics: Soccer, Men's soccer, Sports, Men's sports People, Places and Companies: Thessaloniki, Crete, Greece, Western Europe, Europe Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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If Greece Leaves The Euro Then Spain, Italy And Germany Would Follow

At least that's the claim from the Greek Defence Minister, Panos Kammenos, that if Greece were to leave the euro as the result of some failure of the ...


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The Greek defense minister has accused German Finance Minister Wolfgang Schaeuble of waging ...

"I do not understand why he criticizes Greece every day with new statements," Panos Kammenos told the German daily Bild on Saturday, adding, "It's ...


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Greek finance minister rules out 'accident', says some radical reforms could wait

ATHENS, Greece - Greece's combative finance minister has ruled out a default "accident" and said the new radical left government could put on hold ...


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Schaeuble waging 'psychological warfare': Greek minister

BERLIN: The Greek defense minister Saturday accused German Finance Minister Wolfgang Schaeuble of waging "psychological warfare" against ...


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Greek Culture Week Organized in Moscow

greek-culture-week-moscow The Moscow Greek Culture Center is organizing an event aiming at the promotion of Greece in Russia, but also for the ...


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Greek PM warns of far-right threat in Europe

ATHENS: Greek Prime Minister Alexis Tsipras Saturday said Europe had to decide between democracy and "extreme right populist forces" ...


READ THE ORIGINAL POST AT www.dailystar.com.lb

Greek Culture Week Organized in Moscow

greek-culture-week-moscow The Moscow Greek Culture Center is organizing an event aiming at the promotion of Greece in Russia, but also for the ...


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Greece's Varoufakis Warns On QE But Doesn't Seem To Understand It

The Finance Minister of Greece, Yanis Varoufakis, has warned that the ECB's quantitative easing program isn't going to do much for the eurozone ...


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Possibilities to close; dog salon opens in Greece

A new dog grooming and training business has opened at 506 Long Pond Road in Greece. Owner Mary Ann Aquilino wrote to me about ...


READ THE ORIGINAL POST AT www.democratandchronicle.com

What You Need To Know About The Iran Nuclear Negotiations

Every week, The WorldPost asks an expert to shed light on a topic driving headlines around the world. Today, we speak with Ali Vaez about the nuclear negotiations with Iran. International negotiators in Geneva have just over two weeks left to bring years of talks between Iran and six world powers to fruition by reaching a framework for an agreement on Iran's nuclear program. Representatives of Iran and the so-called P5+1 group -- the permanent members of the U.N. Security Council and Germany -- have set a March 31 deadline to reach a basic understanding for a nuclear deal. The parties then have until the end of June to hammer out the remaining details. The talks stem from international powers' concern that Iran is using its nuclear enrichment program to build a nuclear weapon. Iran insists the program is only for peaceful purposes. The WorldPost spoke with Ali Vaez, the International Crisis Group's senior analyst on Iran, about the ongoing talks. What do Iran and the world powers aim to accomplish with this agreement? Iran's nuclear program has been under international scrutiny for the past twelve years and has resulted in an international standoff between Iran and the West. The primary goal from the Iranian side is to normalize the nuclear program. The second goal is to make sure the sanctions that have been imposed on Iran as a result of the nuclear program are lifted. The P5+1 group wants to make sure that Iran’s nuclear activities are purely peaceful and that there is no nuclear material and activity in Iran that could be diverted towards nuclear proliferation and weaponization. In November 2013, the two sides took a first step in a very long journey towards their ultimate goals. The first-phase agreement froze some of the most sensitive nuclear activities Iran was conducting at the time, in return for limited and reversible sanctions relief. In the current negotiations, Iran wants a more permanent form of sanctions relief. In addition to suspending some of its nuclear activities, the P5+1 wants Iran to roll those activities back and also accept and implement monitoring mechanisms that would allow inspectors much better access to verify the peaceful nature of the nuclear program. What is on the table today? Since the talks are still ongoing, it's difficult to talk about the details of the agreement with a high degree of certainty. But the contours of a possible agreement are more or less clear. What we know is that Iran will roll back its enrichment activities -- the process that is used to enrich uranium to be used in nuclear power reactors or in a nuclear weapon. Iran will reduce the number of centrifuges that it currently has installed from about 20,000 to a number between 6,000 and 8,000, and it will also reduce its current stockpile of enriched uranium from about 8,000 kg to something below 1,000. Those moves will increase the time that Iran would need to produce the material needed for a nuclear weapon from about three months to 12 months. In return, sanctions that have been imposed on Iran as a result of its nuclear program are going to be lifted in a phased and incremental manner. Most likely, Iran's actions are going to be pegged to sanctions relief, meaning that Iran would take some specific measures and in return some specific sanctions would be lifted. Iran will also accept the most rigorous monitoring mechanism that has ever been implemented on a nuclear program in the world. Do you consider this a "good" deal? Good means different things to different people, but we should realize that diplomacy by nature does not produce perfect outcomes because both sides have to compromise. We should compare the agreement to its alternatives, and the reality is that what is currently being negotiated will virtually block all of Iran's pathways to a nuclear weapon. In that sense I think it is a good deal. It does not totally eliminate the risk, but it diminishes it really significantly. We should compare it to the alternative: no deal at all. With a deal, Iran will roll back its enrichment capacity. Without a deal, the capacity will be jacked up and the time Iran needs to produce the material for a nuclear weapon will be reduced to maybe just a few weeks. The inspection mechanisms that are currently in place will be much less intrusive than in the case of a deal, and the stockpile of enriched material that Iran has access to will grow instead of being reduced. Without a deal, Iran keeps its heavy water reactor that produces enough plutonium for one nuclear weapon per year, and there's a risk that it could use the plutonium parts for nuclear weapons. With a deal, that reactor is going to be converted and it will produce less than a kilogram of plutonium per year, which means it would take Iran eight years to accumulate enough material for a nuclear weapon. From an Iranian perspective, with a deal, Iran will not only have sanctions relief but will be able to find its way back to the international market. Without a deal, Iran will be isolated, sanctions will probably increase and we will get into a spiral of escalation on both sides that could lead to military confrontation. How are the negotiations perceived in Iran? With 80 million people, Iran is a big country and it is very pluralistic. There’s a broad spectrum of reactions. Some are extremely critical of the approach that the current Iranian negotiating team has adopted. Others are very supportive. There's a small but very vocal group of hard-liners that would like to see the talks derailed. But overall, there's a sense of fatigue within the Iranian population after years of economic hardship and isolation. As was demonstrated in the presidential elections of 2013 that brought President Hassan Rouhani to power, the majority of the Iranian people want this issue to be resolved. There's broad-based support within the population and within the media. The political elite is also quite supportive. Did the letter sent by 47 Republican U.S. senators warning Tehran that the next president could revoke any agreement reached by the current White House affect Iranians' perception of the negotiations? The letter was obviously designed to sabotage the talks by dissuading the Iranians from making any concessions. Monitoring the Iranian media and reactions from Iranian officials so far, it appears the letter has missed its target. First of all, it doesn’t come as a surprise to the Iranians -- they already knew that Congress is not going to cooperate with the White House on this subject. This was also calculated into their negotiation strategy. Some of the measures that Iran is going to accept are bound to the U.S. government taking sanctions legislation to Congress. So if Congress fails to lift the sanctions, the Iranians will also renege on their end of the bargain. The Iranians also insisted to focus on U.N. sanctions instead of unilateral U.S. sanctions, because the U.N. sanctions formed the basis of legitimacy of all the unilateral sanctions. Even if the next U.S. president revokes the deal, the U.S. would have a much harder time bringing international support for enforcing the sanctions without a U.N. mandate. The Iranians require the U.N. sanctions to be lifted in the early stages of the agreement. The Republicans weren't the only one to criticize the negotiations this month. In a speech to Congress, Israeli Prime Minister Benjamin Netanyahu made his case for why he considers the agreement "a bad deal." Did Netanyahu's speech come as a surprise to Tehran? I think this level of politicization of the issue was quite surprising to the Iranians. The circumstances surrounding the speech turned the Iranian nuclear program, for the first time, into a partisan issue. But at the end of the day, Tehran knew that Prime Minister Netanyahu’s problems with the Iran deal are not about Iran enriching uranium but about Iran being enriched by any deal. The speech alienated a lot of Democrats, and that inadvertently backfired on Prime Minister Netanyahu and his Republican allies in Congress, because now it’s much harder for them to push for legislation to block the agreement -- they simply lack a veto-proof majority in the Senate. So even though the speech was very powerful, it made the Israeli prime minister and the Republicans be seen internationally as pursuing maximalist demands aimed at derailing the negotiations. The Democratic support that was there -- before the speech and before the letter -- to put more pressure on Iran evaporated. Do you think the negotiators will be able to come to an agreement? I'm cautiously optimistic. I think the chances have significantly improved over the past few weeks because the talks have made significant progress on the most intractable issue in these negotiations: the problem with enrichment capacity. Defining Iran’s future enrichment capacity has created a momentum that could help them basically overcome the remaining differences on other issues. We’ve never been closer. This interview has been edited and condensed for clarity. More from The WorldPost's Weekly Interview Series: - What Palestinian Membership In The ICC Really Means - Anguish In Argentina After Prosecutor's Mysterious Death - Could The New Syriza Government Be Good For Greece's Economy? - Naming The Dead: One Group's Struggle To Record Deaths From U.S. Drone Strikes In Pakistan


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New Greek President Pro-Europe

Despite having only symbolic powers, new Greek President Prokopis Pavlopoulos said he would try to fight poverty and unemployment he helped create.


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Weekend Party Snacks: Guacamole with Greek Sea Salt and Toasted Pita Chips

Serves 8-10 Ingredients: 2 ripe avocados 1/2 teaspoon Greek sea salt 1 tablespoon of fresh lime juice 2 tablespoons thinly sliced scallions 1-2 jalapeno peppers, seeded and finely chopped 2 tablespoons cilantro (leaves and tender stems), finely chopped (optional) A dash of freshly grated black pepper 1/2 ripe tomato, seeds and pulp removed, chopped Toasted […]


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Greek Tax Revenues Fall Again

The SYRIZA-led coalition's hopes of restoring social benefits and ending austerity have taken another hit with news that tax revenues are plummeting.


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Greece’s Fiscal Gap Seen as Major Problem by Visiting Technocrats

Technocrats representing the country’s creditors had the first in-depth talks with Greek government officials during the previous days in Athens. In these first “reconnaissance” contacts, the two sides focused merely on fiscal and macroeconomic issues, amid concerns that Greece will fail to achieve the forecasted growth rate and will have to secure extra funds to meet the primary surplus target. Based in downtown Athens’ Hilton Hotel and not in the Ministries as was the case with the previous government, the visiting experts are meeting their Greek counterparts and collect information on the execution of the country’s budget in order to assess further measures that could be taken in the future. According to Greek newspaper “Kathimerini,” citing Brussels officials, the creditors’ technical teams will stay in Athens for about 10 days, while extra staff will join them on Monday. The additional technocrats will focus on structural reforms and the banking sector. So far, their main focus is examining fiscal and macroeconomic data, while their first concern is that there already is a fiscal gap of almost two billion euros, if Greece is going to produce the agreed primary surplus of 1%-1.5% of its GDP. For now, though, it is projected that the country is heading for a negligible surplus. This means that new measures have to be taken in order to either reduce spending or increase revenue. Regarding Greece’s growth rate, the technical teams estimate that the European Commission’s forecast for 2.5% is optimistic, even though it was only recently revised downward, but if this figure is yet again lowered, then the projected fiscal gap will further increase.


READ THE ORIGINAL POST AT greece.greekreporter.com

Possibilities to close; dog salon opens in Greece

A new dog grooming and training business has opened at 506 Long Pond Road in Greece. Owner Mary Ann Aquilino wrote to me about ...


READ THE ORIGINAL POST AT www.democratandchronicle.com

Schaeuble waging 'psychological warfare': Greek minister

BERLIN: The Greek defense minister Saturday accused German Finance Minister Wolfgang Schaeuble of waging "psychological warfare" against ...


READ THE ORIGINAL POST AT www.dailystar.com.lb

Greece's Varoufakis Warns On QE But Doesn't Seem To Understand It

The Finance Minister of Greece, Yanis Varoufakis, has warned that the ECB's quantitative easing program isn't going to do much for the eurozone ...


READ THE ORIGINAL POST AT www.forbes.com

Letter to the Editor: March on Greek Town makes incorrect assumptions

Before walking up to Chancellor Loftin's house, the march only took place in Greek Town. To me, this says that MU4MikeBrown felt like Greeks were ...


READ THE ORIGINAL POST AT www.themaneater.com

Greek PM warns of far-right threat in Europe

ATHENS: Greek Prime Minister Alexis Tsipras Saturday said Europe had to decide between democracy and "extreme right populist forces" ...


READ THE ORIGINAL POST AT www.dailystar.com.lb

Happy Pi Day to Greeks and math geeks

Greek mathematician Archimedes, who was born in Sicily in 287 B.C., used many-sided polygons to approximate circles and determined that pi was ...


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Greek tragedy plunges to new depths

Andros, a small Greek island on the Cyclades archipelago, was a realm of sailors in the early 20th century. They would board their ships and sail the ...


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Was this the defining moment in Western art?

The programme will form part of The Age of Heroes: Ancient Greece Uncovered, a BBC season timed to coincide with Defining Beauty: The Body in Ancient Greek Art, a major new exhibition opening at the British Museum on March 26. The Riace bronzes (which ...


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Ancient artefacts looted by ISIS being sold on EBAY

Two coins from Apamea in western Syria, dating back to Ancient Greece, have turned up on the trading website with price tags of between £50 and £100. It follows countless ISIS raids on heritage sites.


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Greek finance minister says some election vows can be put off

Greece's combative finance minister has indicated that the government is prepared to put some of its campaign promises on hold while it seeks to build confidence among its creditors


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Schauble over German WWII reparations: The issue has been settled decades ago

German Finance Minister Wolfgang Schauble said the issue of the German World War II reparations to Greece has been settled decades ago.  Schauble said that in an interview in the Austrian newspaper Der Standard when he was asked whether ...


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Fiscal gap seen as initial problem in technical talks

Technocrats representing the country’s creditors had their first exchanges with government officials in Athens, focusing on fiscal and macroeconomic issues amid concern that Greece will have lower than previously forecast growth and will have to find extra savings to meet its primary surplus target.


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Friday the 13th for Greeks in Euroleague

Olympiakos not only lost to Fenerbahce/Ulker at the Peace and Friendship Stadium on Friday but also saw its advantage from the game in Istanbul covered by the Turks, while Panathinaikos produced another erratic performance in the Euroleague, this time in Lithuania, to lose to Zalgiris Kaunas and dent its qualification chances.


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Olympiakos, Panathinaikos Hoops Fall

Greece’s Big Two basketball powers, Olympiakos and Panathinaikos both took it on the chin in Euroleague play, setting back chances of advancing and getting better spots in the tourney. Olympiakos was beaten 73-64 at home by Turkey’s Fenerbahce/Ulker while Panathinaikos fell 76-70 to the Lithuanian team Zalgiris Kaunas and is battling with Alba Berlin for […]


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Budget Gap Greece’s Big Problem

How to close a big hole in the budget is the focus of talks between Greece's government team and international lenders that will last for days.


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