Greece News

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Greek central bank chief warns over backtracking, turbulence post-bailout

ATHENS (Reuters) - Greece's central bank governor warned the country not to backtrack on commitments to its lenders after it exits the last of its three bailouts next week, saying markets would abandon it. Bank of Greece Governor Yannis Stournaras speaks during the annual meeting of the bank's shar

REUTERS - 2018-08-18 19:42:37

End of Greek bailouts offers little hope to young

Image copyrightGetty ImagesOn Monday, Greece ends its third and final financial bailout programme, having received more than €300bn (£269bn; $342bn) over eight years.The government and its European lenders are keen to paint the end of the last bailout as a good thing, having avoided a "Grexit" in wh

BBC - 2018-08-19 00:00:00

Brazil's economy: Why I was wrong to be an optimist

Tens of thousands of protesters in red shirtstook overthe streets of Brasilia on August 15, the last day to register candidacies for the upcoming presidential elections. They were demanding that the Supreme Electoral Court accept the bid of Lula da Silva. Held captive in a cell in the southern city

THE CONVERSATION - 2018-08-18 07:25:48

Two paragliders dead in Macedonia after their parachutes collide mid-air

Macedonian authorities have announced two paragliders died in the central region of the country after their parachutes collided in the air.Police said the accident occurred around midday on Friday near the town of Kruševo.They added a 56-year-old Ukrainian citizen, identified only by his initials as

THE GUARDIAN - 2018-08-18 17:33:28

Let's Talk Turkey And Emerging Markets

The markets throughout the world have been under significant pressure due to significant currency devaluations in the emerging markets. Turkey was just the first to sneeze. It now appears to be contagious throughout the emerging markets and, to some extent, developed countries as well.According to t

SEEKINGALPHA.COM - 2018-08-18 10:30:36

Traces of migrant crisis fade from Lesbos beaches three years later

Above, tourists walk on a beach near the village of Skala Sikaminias on the Greek island of Lesbos on Aug. 3, 2018. Below, migrants arrive at the same place after crossing the Aegean sea from Turkey on Oct. 29, 2015.


Greece Officially Ends International Bailout Program Monday

FILE - In this six photo series from top left, Greek Prime Minister Alexis Tsipras removes his tie at the end of his speech to lawmakers from his left-led governing coalition in Athens, June 22, 2018. Greek Prime Minister Alexis Tsipras has donned a neck tie, for the first time in more than three ye

VOICE OF AMERICA - 2018-08-18 05:29:00

Golden Dawn: how the Greek far right wrote the playbook others now use to go mainstream

Around the world it seems far-right groups can infiltrate the mainstream regardless of a given country’s political present or past. The question is, then, how do they do it?

THE CONVERSATION - 2018-08-17 13:17:32

Germany reaches deal on sending back migrants to Greece

BERLIN (Reuters) - Germany has reached an agreement with Greece to send back migrants to the Mediterranean country if they have already applied for asylum there, the German Interior Ministry said on Friday. FILE PHOTO: Bavarian Police Officer controls cars at a temporarily checkpoint on the motorwa

REUTERS - 2018-08-17 18:27:59

Germany reaches deal with Greece to return asylum seekers

Ministry spokeswoman Eleonore Petermann told a news conference the Greek agreement, like the one with Spain, would allow Germany to send migrants entering via Germany's border with Austria to Greece within 48 hours.

ALJAZEERA.COM - 2018-08-17 18:56:00

Eurozone bailout programme is finally over

Image copyrightGetty ImagesImage captionPrime Minister Alexis Tsipras says Greece is "turning a page" in ending its bailout programmeThe eurozone passes an important milestone on 20 August. The date marks the formal end of the bailout of Greece.It is the final country to be receiving emergency loans

BBC - 2018-08-17 21:09:18

Greece set to exit bailout, still faces daunting challenges

ATHENS (Reuters) - Greece exits the last of its three bailouts on Aug. 20 and hopes to be able to borrow again in international markets after a nearly nine-year debt crisis that shrank the economy by a quarter and forced it to implement painful austerity measures. FILE PHOTO: Greek parliament emplo

REUTERS - 2018-08-17 10:51:34

As Greek bailout draws to close, central Athens square still bears...

People make their way on Syntagma Square in Athens, Greece August 16, 2018. REUTERS/Alkis Konstantinidis


For Greece's austerity-hit elderly, bailout

ATHENS (Reuters) - With two euros in his pocket, Yorgos Vagelakos, an 81-year-old retired factory worker, scouts the farmer’s market in his working-class Athens neighborhood for anything he can afford.


Can Imran Khan Save Pakistan?

If the incoming prime minister can persuade the military to enable him to improve relations with the United States, Afghanistan and India, he will pull off a feat none of his predecessors has managed. Laborers sit under a billboard of Imran Khan during a campaign rally in Karachi, Pakistan, in July

NEW YORK TIMES - 2018-08-17 10:00:03

A timeline of Greece's long road to recovery

Greece will now be able to borrow money again on international markets, another important step on its long journey toward economic recovery. The bailout programs from 2010-2018 came alongside major austerity drives, and Greek's national trauma of the last decade has been all too palpable for citizen

DW.COM - 2018-08-17 15:19:13

Greece fires: Inquiry launched regarding response

Greeks overseas are raising hundreds of thousands of dollars to help victims of fires that swept through resorts east of Athens last month.Prosecutors have launched an inquiry into why 96 people were killed.Al Jazeera's John Psaropoulos reports from the village of Mati - one of the worst-hit areas.

ALJAZEERA.COM - 2018-08-17 13:10:00

For Greece's austerity-hit elderly, bailout "will never...

With Greece poised to exit the last of its three bailouts next week, it hopes to be able to borrow again in international markets after a nearly 9-year debt crisis. But as Ivor Bennett reports, there are some in Greece who feel the bailout will never end.▶View Transcript


Most Europeans still believe in Europe – new study suggests

In the ongoing chaos and confusion of Britain’s departure from the EU,newsthat many UK constituencies are shifting from being leavers to remainers offers the opportunity to look at the Brexit debate from an unusual viewpoint: do citizens consider the EU as something more than just an economic arrang


Fury clouds funeral plans for Italy bridge victims

The collapse of the Morandi bridge, a decades-old viaduct that crumbled in a storm on Tuesday killing at least 38 people, has stunned and angered the country, with Italian media reporting that some outraged families would shun Saturday’s official ceremonies.