2 Billion Euros Transferred out of Greece by Immigrants

More than two billion euros were transferred out of Greece by Albanian, Pakistani and Afghani immigrants between January 2003 and May 2011, according to...

Bank of Greece: 2013 Might Be the Last Year of Recession

According to the Governor of the Bank of Greece George Provopoulos, speaking at the Annual Ordinary General Meeting of Shareholders, there are great chances...

Greek Unions Stage Large Protests as More Austerity Looms

About 15,000 protesters are taking part in anti-government rallies before a visit to Greece by bailout inspectors and plans by the left-wing government to...

Greek Man Who Owes 10,000,000 Euros to State Lives in Mountain Hut

A Greek living in Roukani, a father of many children and one of the 'big fish' owing large amounts in unpaid taxes, ironically lives in...

Regling: In Coming Weeks ESM will Present Proposals for Short-term Debt Relief for Greece

European Stability Mechanism (ESM) will present in the coming weeks its proposals on short-term debt relief for Greece, its managing director Klaus Regling said...

How Much Do Tourists in Greece Spend?

An average of 15.5 million tourists visits Greece each year and spends an average of 627 euros each, according to a study carried out...

BoG Reports Sharp Decline in Average Spending of Tourists Visiting Greece for 2016

According to reports released by the Bank of Greece (BoG) the amount of spending by tourists decreased substantially in 2016 from the previous year. The data...

Greek Govt VP Venizelos: Without Internal Understanding We Can’t Achieve Goals

His worries that the negotiation with the Troika is hindered by the sterile internal political situation, expressed Greek government Vice President and Foreign Minister...

Elementary and Preschools To Close

According to a decision recently issued by the Ministry of Education, the new academic year will find Greece’s school map largely shrunken. A lot...

Government Uploads List of Companies and People With Overdue Debts

The name of 13,730 big government debtors were published on the internet, however many of the names of companies on the list have either...

ECB Dashes Greek Hopes on Lifting ‘Waiver’ on Greek Bonds

All eyes were on the European Central Bank's (ECB) June policy meeting in Vienna on Thursday. Great expectations resulted in disappointment regarding Greece with...

Collaboration Between Unicef and Olympiacos F.C

Today, PAE Olympiakos and UNICEF announced their collaboration to immunize children in countries where there is an urgent need. Cooperation aims to raise money...

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