Greece – News Stories About Greece - Page 8

Greece Leader
Asks People
to Reject
'Blackmail'

Jul 3, 2015 4:37 PM CDT

Greece Leader Asks People to Reject 'Blackmail'

Polls are dead even ahead of vote with massive implications

(Newser) - Greece's top court has declared that Sunday's referendum on a bailout is constitutional, meaning the vote with huge implications for all of Europe will proceed. The latest polls show a dead heat, reports AP , as leaders on both sides try to rally support—especially Prime Minister Alexis Tsipras,...

Greek Couple Left
Penniless in NYC
on Honeymoon

Jul 3, 2015 8:25 AM CDT

Greek Couple Left Penniless in NYC on Honeymoon

Their Greek-issued debit, credit cards were declined due to country's debt crisis

(Newser) - Newlyweds Valasia Limnioti and Konstantinos Patronis' long-planned "dream trip" to the US ended in New York City, where their three-week honeymoon quickly turned into a nightmare: Their Greek-issued credit and debit cards were suddenly declined and they were left penniless. The couple's US adventure started after their June...

Late-Night Letter
Doesn't Solve
Greece's Woes

Jul 1, 2015 9:19 AM CDT

Late-Night Letter Doesn't Solve Greece's Woes

European officials saying no deal until Sunday's vote

(Newser) - Greece's government appeared to be caving a bit, by way of a two-page letter sent from Prime Minister Alexis Tsipras last night to the country's three major creditors: the IMF, European Commission, and European Central Bank. Tsipras' letter said his government was prepared to accept creditors' proposals, subject...

Greece Misses
Its Big Payment

Jun 30, 2015 5:50 PM CDT

Greece Misses Its Big Payment

Becomes the first advanced nation to default on an IMF loan

(Newser) - It might be a rocky day for the stock market tomorrow: The hour for Greece to make a $1.8 billion payment to the IMF has come and gone without any money changing hands, making Greece the first developed country to default on a loan from the world lending agency,...

The Parthenon's Attic
Once Held a Great Fortune

researchers say

Jun 30, 2015 10:32 AM CDT

The Parthenon's Attic Once Held a Great Fortune

Researchers believe millions of coins were once stashed there

(Newser) - The Parthenon once housed a massive statue of Athena made of ivory and gold; researchers now say it was far from the only thing of value kept in the ancient temple. Though the attic of the Parthenon has long been destroyed, researchers believe it once held millions of silver coins...

What Greece Is
Saying Today: 'Oxi'

Jun 30, 2015 7:13 AM CDT

What Greece Is Saying Today: 'Oxi'

That's 'no' to the question of whether it'll pay the IMF today

(Newser) - "Oxi" is Greek for "no," and it's a word coming from Greek Finance Minister Yanis Varoufakis' mouth today. He confirmed that, no, Greece would not be paying the $1.8 billion it owes to the IMF today. His comment comes amid speculation that Greek Prime Minister...

Greece Is Dealt 2 More Blows

Jun 29, 2015 2:07 PM CDT

Greece Is Dealt 2 More Blows

It won't make its payment, and Standard & Poor's cut its rating

(Newser) - As predicted , Greece doesn't have the funds to pay back a $1.8 billion euro loan installment by tomorrow's International Monetary Fund deadline, a government official there confirmed today—meaning the country may now be one step "closer to an exit from the euro zone currency,...

A 'Greek Tragedy' Unfolds:
What You Need to Know

Jun 29, 2015 6:56 AM CDT

A 'Greek Tragedy' Unfolds: What You Need to Know

EU could be 'more fragile than its leaders like to think'

(Newser) - A Greek drama will unfold this week, and some commentators are already calling it a Greek tragedy. The country's current bailout expires tomorrow—the same day Greece is due to make a $1.8 billion payment it probably won't have the funds for. And on Sunday, voters will...

Greece Makes Big
Decision About Banks

Jun 28, 2015 3:45 PM CDT

Greece Makes Big Decision About Banks

Nation decides to keep them closed indefinitely

(Newser) - Greek banks will remain shut for an unspecified time and the country is imposing restrictions on bank withdrawals following a recommendation by the Bank of Greece, the country's prime minister said Sunday. Sunday's move comes after two days of long lines forming at ATMs across the country, following...

Worried Greeks
Jam Nation's ATMs

Jun 28, 2015 9:15 AM CDT

Worried Greeks Jam Nation's ATMs

They're worried banks will impose restrictions as IMF mess intensifies

(Newser) - Need a tangible sign of Greece's financial turmoil? Look at the ATM lines. Anxious Greeks have been lining up all weekend, worried about the possibility of financial controls being imposed to stop banks from hemorrhaging funds. Today, the European Central Bank refused to increase emergency credit to Greek banks,...

Here's How Much Greece Wants in WWII Reparations

Apr 7, 2015 10:08 AM CDT

Here's How Much Greece Wants in WWII Reparations

Only a measly $303B from Germany

(Newser) - Greece says it's about time Germany opens its checkbook and pays $303 billion in reparation money stemming from the Nazi occupation of Greece in World War II. Greece's deputy finance minister says the sum, put forth by the General Accounting Office, accounts for war reparations, the repayment of...

Greece, Eurozone Strike a Deal

Feb 20, 2015 2:28 PM CST

Greece, Eurozone Strike a Deal

Nation will get a 4-month extension of bailout

(Newser) - Greece and its creditors in the 19-country eurozone reached an agreement today on the country's request to extend its bailout. Jeroen Dijsselbloem, the eurozone's top official, says the deal will extend Greece's loans for another four months. The Wall Street Journal 's take: "The four-month...

Greece Offers Last-Ditch
Bailout Compromise

Feb 19, 2015 8:13 AM CST

Greece Offers Last-Ditch Bailout Compromise

Germany is not impressed; eurozone finance ministers to meet tomorrow

(Newser) - Greece sent its European creditors a proposal today in a last-moment bid to unfreeze talks on its bailout program and end uncertainty over its future in the euro. Hopes of a deal, however, were quickly dampened by Germany, the main creditor, which said it "is not a substantial proposal...

Young Couple Found
in Embrace of 6K Years

Feb 14, 2015 7:07 AM CST

Young Couple Found in Embrace of 6K Years

They apparently died holding each other in Greece

(Newser) - Your dose of Valentine's Day coupledom comes courtesy of archaeologists in Greece, who unearthed a man and woman locked in an embrace for about 6,000 years. The pair in their early 20s were found buried together in southern Greece at a dig site known as Alepotrypa Cave, reports...

New Greek Govt.:
Debt Repayment
Isn't Realistic

Jan 27, 2015 11:58 AM CST

New Greek Govt.: Debt Repayment Isn't Realistic

Syriza economics spokesman calls for negotiations

(Newser) - As Greece's newly elected Syriza party takes office, its top economics spokesman is making the party's views on debt clear. It's "unrealistic" to think that Greece will be able to pay back the $270 billion bailout it received from the eurozone and other lenders, Euclid Tsakalotos...

Radical Lefties Win
Greek Elections

Jan 25, 2015 11:28 AM CST

Radical Lefties Win Greek Elections

Anti-bailout party Syriza cruises to win in parliamentary vote

(Newser) - A Greek state TV exit poll is projecting that anti-bailout party Syriza has won today's parliamentary elections—in a historic first for a radical left wing party in Greece. But it's unclear whether Syriza has won a decisive enough victory over Prime Minister Antonis Samaras' incumbent conservatives to...

In Mystery
Greek Tomb,
Bones From
5 Corpses

Jan 19, 2015 2:45 PM CST

In Mystery Greek Tomb, Bones From 5 Corpses

Among the remains found at Amphipolis: newborn, 60-year-old woman

(Newser) - A giant tomb found in Greece's Macedonia region over the summer contains more than simply sphinxes and a mosaic. Researchers say bones found at the ancient Amphipolis site are from at least five people—including a newborn and a 60-year-old woman, the country's Culture Ministry said in a...

Greece Holds
4 Terror Suspects,
Including Possible
Belgium Ringleader

Jan 17, 2015 2:40 PM CST

Greece Holds 4 Terror Suspects, Including Possible Belgium Ringleader

Investigators still looking for one man: reports

(Newser) - Greek police have detained four suspected terrorists, including one who could be the man wanted by Belgian authorities as an alleged ringleader of a jihadi cell, a police official told the AP today. The four were arrested today, including one who "matches the description" of Abdelhamid Abaaoud—the man...

Homer Wasn't
'a Person':
Historian

Jan 11, 2015 1:38 PM CST

Homer Wasn't 'a Person': Historian

Iliad , Odyssey were works of a culture, not a man: Adam Nicolson

(Newser) - When we think of The Iliad and The Odyssey, we shouldn't give credit to a single man, says a historian: "It's a mistake to think of Homer as a person," historian Adam Nicolson tells National Geographic . "Homer is an 'it.' A tradition. An...

2 Sailors Killed
in Recovery of
Stricken Ferry

Dec 30, 2014 7:45 AM CST

2 Sailors Killed in Recovery of Stricken Ferry

As distress call comes in from another ship in the region

(Newser) - Two Albanian sailors are the latest casualties in the Greek ferry disaster , killed today when they were hit by a line during attempts to secure the still-smoldering Norman Atlantic. One man died instantly, reports the AP ; the other died as medics worked on him. Dutch firm Smit Salvage is overseeing...