Greece

Hellenic Republic Greece is a country in southeastern Europe that forms the southern extremity of the Balkan Peninsula. It is bordered by the Ionian, Mediterranean, and Aegean seas and by Albania, the Republic of Macedonia, Bulgaria, and Turkey. Greece encompasses many island groups, including the Ionian Islands, the Sporades and Cyclades, as well as the larger islands of Crete , Lesbos, Rhodes, Samos, Samothrace, Chios, and Lemnos, which lie within sight of the Turkish coast. The name 'Greece' is derived from the Latin name 'Graeci', applied to a people who lived in ancient times in the northwest part of the country.
Greece Resists Austerity Plan, Police Union Threatens to Arrest EU Lenders
Just one day after the most recent Greek "deal" was announced, it has fallen through yet again as neither side was actually satisfied with the most recent agreement.

Germany Wants Greece to Cede Control of Its Own Budget
A recent proposal from Germany would have Greece ceding a great deal of control of its own financial and budgetary issues.

Greek Tax Officials on Strike, Tax Evasion Soars
Tax officials in Greece began a 48-hour strike to protest increasing austerity measures intended to align Greek revenue targets with requirements from international creditors.

Greek Government on Brink of Collapse
Opposition leaders have called for Prime Minister George Papandreou to step down and avert a Greek referendum on its debt deal to stay in the Euro.

Greece Referendum Vote Throws Bailout into Doubt
Greece shocked Europe and global markets by announcing that it would put the most recent bailout agreement to some sort of popular vote.

Greece Misses Deficit Reduction Target, Default Looms
Greece admitted on Sunday that it did not meet a key deficit reduction target despite crushing austerity measures that have created civil unrest throughout the country.

Rumors of New Greek Bailout Boost Markets
Global markets are surging once again on questionable rumors that the Euro will devise a feasible bailout strategy for Greece.

Moody's Downgrades Eight Greek Banks, ECB Openly Discusses Default
Moody's pushed ratings for eight Greek banks down two more notches to CAA2, and ECB council member is first to acknowledge that a default is now on the table.

Decision on Next Round of Greek Bailout Pushed Back until October
Despite a show of solidarity from EU leaders regarding Greece's debt crisis, a decision on the next tranche of relief has now been delayed until October while officials measure Greek progress.

Germany Showing Signs that Greece May Soon Default
After years of taking on questionable Greek debt to ensure the country's participation in the Euro, Germany seems to be making moves in anticipation of a Greek default and subsequent removal from the Euro.

More Talk of Greece Exiting the European Union after Not Meeting Austerity Benchmarks
Euro leaders are now speaking openly about the possibility of Greece leaving the Euro Zone after data shows the country is not adequately addressing its deficit problems.

Moody’s Warns on Greek Default – Almost 100% Chance
The credit rating agency, Moody’s, has warned that Greece is almost certain to default on its debt, but that plans that are now in place should ease the burden.

Europe Struggles to Agree on How to Finance Greek Bailout Package
Financial leaders from Germany and around Europe are still working to determine how to facilitate spreading the Greek debt burden to private investors.

Greece Approves New Austerity Measure Even as Violence Increases
An austerity measure has passed in Greece, but it remains to be seen how effectively it will actually be implemented amidst rioting.

Fun Facts about Greece
The article deals with some of the fun facts about Greece. Along with interesting information, one should be able to find some useful facts about this nation.

Best Vacation Spots in Greece
Wondering where to go in Greece on your vacation? Find out some best vacation spots in Greece in this write up.

Greece to Restore Theater of Dionysus, The Ancient 'Globe' of Euripides and Sophocles
Greece to restore the ancient marble-clad Theater of Dionysus, provenience of the heralds of modern theater.

Sparta vs. Athens
Sparta vs Athens helps us assimilate the stark differences between the two city states of ancient Greece. Here is a look at Athens vs Sparta and a rundown on how the two major cultures influenced modern civilization in their different ways.

Democracy in Ancient Greece
Democracy is said to be the child, of the innovative thinking of the ancient Greeks. Till then, the society was led by a few rich people called the tyrants. Let's get to know the idea and the stages that gave birth to the modern democracy.

Ancient Greek Coins
The Greeks are everywhere in the history; but they have created even bigger art. A testament to the Greek perfectionism, the ancient Greek coins, have been a rage among the numismatists world over.

Ancient Greece Geography
The geography of ancient Greece actually relates to the lands traversed by the nomadic Stone Age man. It was only later, when the hunters and farmers settled down to establish civilizations that the terrain was further defined by the Minoan and Mycenaean kings.

Famous Places in Greece
A country that has some of the most spectacular sights and monuments of great architectural splendor, Greece now ranks as one of the most interesting destinations. Here are some famous places in Greece.

Interesting Facts About the Acropolis of Athens
Acropolis of Athens is a World Heritage site and worth a visit. It is the most important archeological site in Greece. This articles reveals interesting facts about the Acropolis of Athens.

The Cuisine of Greece
The sun reflecting off crystal clear waters, the beauty of the islands, Greek music and food.

Greek Islands
Greek islands are a haven of beauty and tranquility and have lots of fun in store! Be it the sandy beaches or an amazing nightlife, read on for some interesting facts about the islands of Greece, that would surely make you pack your bags and head out to these amazing destinations, at once!

Greece Facts: Interesting Facts About Greece
Greece is one of the oldest civilizations in the world. Its rich culture, mild to temperate weather and gorgeous coastline makes it a favorite destination for tourists the world over. Here are some interesting facts about Greece.

Major Changes in Greek Government Amid Anti-Austerity Riots
Major changes are in store in Greece, where anti-austerity riots show that the people simply do not understand that the luxuries they’ve enjoyed for so long are mostly to blame for the current financial mess.

Greek Mail Bombers Try to Hit Embassies
A spate of embassy bombings in Greece has security heightened throughout Athens, and police are looking for the responsible parties.

Europe’s Trillion Dollar Euro Bailout May Not Be Enough
The EU and member nations have banded together to prop up the euro, but there are indications that underlying financial problems on the Continent go well beyond the most recent debt crisis.

Three Dead in Athens Amidst Debt Crisis-Fueled Riots
A massive debt crisis in Greece has led to mass rioting throughout the country, and has left three dead in Athens.

Unrest and Rioting in Greece Reaches a Crescendo
Unrest in Greece seems to be settling, but Prime Minister Costas Karamanlis is under increasing pressure from outside protestors and from within Parliament.

U.S. Embassy Attacked in Greece
A 2.36 inch missile hit the U.S. Embassy in Athens, Greece, today. The attack is being called a terrorist attack supposedly by the group, Revolutionary Struggle. There were no injuries and the missile damaged the outside of the building, a third floor bathroom, and shattered glass in nearby buildings.