Advertisement

More Than 2 Million Greeks Unable To Pay Pricey Bills Could Soon Be Without Electricity

More Than 2 Million Greeks Unable To Pay Pricey Bills Could Soon Be Without Electricity
World

These Archaeologists Found 22 Different Shipwrecks In Area Around Greece

These Archaeologists Found 22 Different Shipwrecks In Area Around Greece
World

Advertisement

Greek Snap Elections Hand Clear Mandate To Far Left Syriza Party

After a snap general election held in Greece over the weekend, left-wing Syriza party leader Alexis Tsipras reigned victorious as he was given a second chance t...

Greece's 'Island Of The Blind' Highlights Public's Responsibility For Financial Crisis

The Ionian Sea island of Zakynthos, famous for its gorgeous beaches and sparkling waters, is also home to an unabashed and shameless scam which occurred over se...

Greece Capitulates to Creditors’ Demands in Order to Remain in the Eurozone

Greek Prime Minister Alexis Tsipras agreed to European demands in order to immediately qualify for up to $95 billion of aid Greece needs to remain in the Euro ...

Panicked Greeks Go On Shopping Sprees Ahead Of Bank Restructurings

Fear of the financial unknown has sent many Greeks into a spending frenzy, using debit cards to buy anything they believe will hold its cash value, and even pay...

Greece Begins To Feel Effects Of Rejecting Austerity Measures

After failing to meet another deadline to pay back its creditors, Greece is now feeling pressure from its European lenders to implement austerity measures such ...

'No' Vote To Austerity Pushes Greece Closer To Euro Exit

After voting ‘no’ to more austerity measures issued by its creditors, Greece is now at the mercy of the European Union. Greece failed yet again to meet anot...

Greece Exit Polls Show 'No' Vote On European Exit

Polls have just closed in Greece after the country voted today on whether to remain a member of the European Union or whether to leave the economic zone. At the...

Greek Banks Prepare To Confiscate Customer Deposits

In the face of insolvency, Greek banks are now preparing plans for a so-called “bail-in” of depositors, which would see a certain percentage of customer dep...

Bitcoin Interest Skyrockets In Wake of Greek Financial Crisis

As the Greek financial crisis continues bringing down the value of stock prices and the euro world wide, use and interest in digital currency bitcoin has skyroc...

Greece Confirms It Will Default On IMF Loan

The Greek Government has told the International Monetary Fund (IMF) it will not be making any loan repayments by imposed repayment deadlines. The news was confi...

Greek Contagion Spreads As Italian Banks Fail To Start Trading On Monday

Just a few hundred miles west of Greece lies Italy, where banks have aggressively courted Greek business over the years. This may now make them among the first ...

Greek Banks Near Collapse As 700 Million Euros Leaves Country In One Day

The Greek government may have felt good going into the weekend about stiffing the IMF of a debt payment this week yet the country continued to edge closer to a ...

Greece Doesn't Have Enough Money To Make June IMF Loan Repayment, Faces Default

Greece's interior minister said on Sunday that the struggling European country cannot make debt repayments to the International Monetary Fund (IMF) next month u...