Greece's four biggest banks would lose around €15.5 billion worth of their capital by 2020, or nine percentage points of capital under an adverse economic scenario, results of a stress test published by the European Central Bank.
The UN Refugee Agency (UNHCR) has expressed its deep concern over reports about heightened sexual violence against and harassment of asylum seekers in Greece's sub-standard and overcrowded reception camps.
Around 4,500 years ago, ancient engineers and workers terraced the little island in the Cyclades archipelago in the Aegean Sea, creating a sort of step pyramid. They then imported hundreds of tons of gleaming white rock from the nearby island of Naxos, creating a bright outdoor shrine where early Greeks performed rituals.
A political dispute in Greece over a controversial arms deal with Saudi Arabia is deepening, with opposition politicians and critics decrying plans to sell 66 million euros ($78.7 million) worth of surplus missiles and bombs to this Arab country.
“The worst is clearly behind us.” Panaghiota Mourtidou pondered the words with a gravity unusual for the jovial volunteer. Even now, several days after the Greek prime minister, Alexis Tsipras, saw fit to use the phrase, she still feels somewhat bewildered. “Politicians clearly have no idea of the reality on the ground,” she said. “If they did, they wouldn’t make such pronouncements because, really, it couldn’t be worse”, according to The Guardian.