Greece has become the first developed nation to default on International Monetary Fund (IMF) debt. It has defaulted on a 1.7 billion dollars payment to IMF. The deadline...
Greek Parliament has elected Zoe Konstantopoulou, a member of the left wing party Syriza as its new President. She was elected after receiving a record number of 235...
In Greece, anti-austerity Syriza party has won general election. In this election Syriza party has won about half the seats in Parliament. While the earlier ruling government led...
Greece’s Prime Minister Antonis Samaras has dissolved the country’s parliament ahead of snap elections to be held on 25 January. Dissolution of Parliament comes after it failed to...
Approximately 800 years after the ancient education institution was ruined, on September 1, 2014, Nalanda University (also known as University of Nalanda), in Bihar’s Rajgir district, commenced its...
Taking a significant step towards combating the black money menace, the Paris-based Organisation for Economic Co-operation and Development (OECD) unveiled ‘single global standard’ for automatic exchange of financial...
Following Russia’s annexation of Ukraine’s Crimea region, NATO suspended all practical civilian and military co-operation with Russia. Russia’s annexation is being considered as a threat to European security. The 28-member...
The Baltic nation, Latvia joined the Euro Zone, with the expectation that the euro will lower its borrowing costs and encourage investors by eliminating currency risk. It became...
The International Monetary Fund (IMF) approved 1.72 billion Euros bail out to Greece after reviewing the country’s performance under the international rescue program. This payout means Greece has received...
The leader Antonis Samara, leader of New Democracy Party (NDP), a sworn in as the Prime Minister of Greece. Samaras’s clinched 129 seats of 300 in the parliamentary...
