The American Hellenic Institute (AHI) applauds the recent efforts of the Obama Administration to address Greece’s debt crisis, but would welcome more tangible actions.
Euro zone leaders clinched a deal with Greece, at an emergency summit, on Monday, after negotiating a third bailout to keep the country in the euro zone after a whole night (nearly 17 hours) of haggling .
"We gave a hard battle in the last six months, we struggled to gain the best from an agreement that will offer to the country the opportunity to stand on its feet" stated Greek Prime Minister Alexis Tsipras after the successful completion of the marathon deliberations on the Greek issue in Brussels.
By Dr Nikolaos Georgikopoulos - Visiting Research Professor at NYU (Stern School of Business).
Greece's outstanding debt expanded to more than 5 billion euros as of May's end, compared to the start of 2015's 3.8 billion euro figure.
Greece's summer sale schedule starts Monday, July 13th, when retailers mark down their goods up to 50%.
Hellenic Bank is discussing the possibility of acquiring Piraeus Bank Cyprus.
During the U.S. State Department's Daily Press Briefing, Spokesperson John Kirby discussed Greece.
The special importance of the island of Rhodes as a gateway to the East is the theme of an exhibition that is being displayed at the Archaeological Museum of Rhodes.
The full proposal submitted by the Greek government to the Eurogroup earlier on Thursday is the following:
The institutions received the Greek government's letter with the proposals and the prior actions on time, stated a eurozone official refusing however give an estimations on the letter's context.
A value-added-tax (VAT) rate of 13 percent on Greek hotels and the elimination of discounts on the country’s most popular islands, are included in the proposal the Greek government submitted to its international creditors on late Thursday, in hope of reaching an agreement on a third bailout.
Bookings to Greece remain steady, on the par with 2014, which was an excellent year for tourism, the head of German travel agents FTI Touristik said during a Munich presentation last week of its winter program, which includes more long haul locations, a wider variety of destinations in the East and Egypt, and many more discount deals.
A 28 year old US citizen, was arrested today at the customs post of Kipi Evros, under a European arrest warrant for human trafficking issued by Dutch authorities.