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

Friday, July 24, 2015

Greece swallows bitter reform pill

… party has not stopped the Greek parliament approving a second set …


READ THE ORIGINAL POST AT world.einnews.com

EU Solidarity Fund

Today the Commission decided to grant aid worth €16.2 million from the EU Solidarity Fund to Greece and Bulgaria following natural disasters that occurred in the winter of 2015. Greece suffered from wide-spread flooding affecting five of its regions, while considerable damage was caused in Bulgaria due to severe winter conditions. The aid which consists [...]


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Juncker says expects 'Grexit' off table if Greeks deliver

European Commission President Jean-Claude Juncker said a Greek exit from the euro was "off the table" if Greece delivers on its promises for reform which have paved the way for negotiations with international creditors on a new bail-out programme. Had Greek lawmakers not voted in favour of reforms and new debt talks, the country could have faced a "Grexit" - an exit from the European Union and the euro zone. "I have always ruled out the option of a Grexit," Juncker told Austrian ORF radio in comments broadcast on Thursday.


READ THE ORIGINAL POST AT uk.news.yahoo.com

Greece, Creditors Plan to Launch Bailout Talks

Greece and its creditors got ready to open talks to complete a bailout deal after Athens passed a required set of austerity measures, but the negotiations must still clear numerous hurdles before the country gets any aid. European officials welcomed the ...


READ THE ORIGINAL POST AT www.wsj.com

Analyst: Greece needs reform, not more austerity

And indeed, Greece and also some of the creditor countries will have to go back to parliament in early September. I am hoping that it will be a ...


READ THE ORIGINAL POST AT www.euronews.com

This is why the current euro zone plan for Greece is going to fail

Greece borrowed and spent too much and has a sluggish, overregulated economy. However, austerity policies have trapped the economy in a vicious ...


READ THE ORIGINAL POST AT www.washingtonpost.com

No sign yet of Greece's finishing line

Greece has now met the preconditions to start negotiations on another ... Greece's prospects are vital to anyone tempted by the country's bonds.


READ THE ORIGINAL POST AT www.ft.com