Cyprus has drafted plan to deal with fallout of Grexit, Anastasiades says

Cyprus President Nikos Anastasiades told a media conference in Nicosia on Friday that Nicosia has a backup plan to deal with the fallout of a possible Greek exit from the eurozone.

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International media in anti-SYRIZA frenzy but why sacrifice Greece?

Ayayayay! Six days before the crucial double Euro Working Group on Greece upcoming Wednesday and Thursday, and the international media pour their last drops of poison, before they enter the Easter vacations. In an unprecedented anti-Greek-government frenzy international mainstream media race for the Award of the Doomsday Scenario for Greece. […]

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Greek minister admits cross-checking 'Lagarde list' difficult

State Minister Panagiotis Nikoloudis appeared pessimistic when asked about the result of the investigations into the Lagarde list and other similar lists of overseas accounts held by Greek nationals. Nikoloudis explained that the inspections are “particularly difficult”, given that the Swiss ...

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Greek PM Tsipras Announces Abolition of €5 Fee to Access Hospitals and Hiring of 4,500 Healthcare Workers

Greek Prime Minister Alexis Tsipras visited the Health Ministry on April 2, announcing that his SYRIZA-led government will improve public health care in the country through the abolition of a compulsory 5-euro fee for treatment and the hiring of some 4,500 specialized staff. Addressing reporters and employees of the Minister, Mr. Tsipras underlined that some of the reforms passed from the Greek Parliament over the past few years, as part of the austerity measures imposed by the memoranda, have damaged the country’s health system. The newly elected leftist government is working to repeal them, he said. “The national health service had problems before the bailout, but it is obvious that in the last four or five years, the bailout choices and reforms were a nuclear bomb at the foundations of the national health service,” the Greek Premier noted, adding that his government will cancel the “unacceptable” 5-euro treatment fee. “We are already working on interventions to abolish bailout measures that have contributed to the destruction of health service,” Mr. Tsipras explained. “We want to turn the health sector from a victim of the bailouts, a victim of austerity, into a fundamental right for every resident of this country and we commit to do so at any cost. All citizens, after this terrifying crisis, should have access to healthcare irrespective of whether they have insurance or not,” he concluded. Greece spends 11 billion euros per year on its public healthcare system. The amount, among the lowest among the the European Union member states, is accounting for about 5% of its state budget, while some 2.5 million Greeks have no health insurance. Alexis Tsipras was the first Prime Minister to visit the Health Ministry in a period of ten years.

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Greek Cyprus criminalizes denial of genocide, is criticized by Turkey

Greek Cyprus on Thursday made it a crime to deny that the Ottomans committed genocide against Armenians a century ago, a move that has been ...

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Greek official says the country will pay IMF debt on time

The country is fast running out of cash and its euro zone and IMF lenders have frozen bailout aid until the new leftist-led government reaches ...

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'Too early' to discuss possible financial help to Greece, says Kremlin

Russian President Vladimir Putin and Greek Prime Minister Alexis Tsipras plan to discuss economic ties and the European Union's sanctions against Moscow when they meet for talks next week, a Kremlin spokesman said on Friday. Russia wants the EU to ...

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