SOCAR Acquires Slice of Greek DESFA

Socar (the state oil company of Azerbaijan) has acquired a 66% share in the Greek natural gas transmission network operator (DESFA). This agreement is significant...

House Prices Drop in Greece

According to the Bank of Greece’s Monetary Policy report published on Tuesday, since the beginning of the financial crisis five years ago, in 2008,...

George Soros Donates Funds to Help Heat Schools in Greece

Greek students have had a rough winter in extremely cold classrooms due to the lack of heating resources, resulting from local authorities who are...

Greek Pension Fund Reserves for 2015, are About to Collapse

According to a study of  GSEE's Labor Institute, it has been made crystal clear that the Greek State must find alternative financial resources in...

Greece’s Property Taxes Among Highest in EU

According to data presented by the Hellenic Federation of Property Owners (POMIDA), Greece is at the top of the list with the highest property taxes...

Exhibition of Ancient Greek Technology

The Architecture Department of Frederick University, in collaboration with the Society of Ancient Greek Technology and the Ministry of Education and Culture, have organized...

Astir Palace Sold to Arabic-Turkish Group

Astir Palace Resort in Greece was sold for 400 million euros to Saudi Arabian fund ACG, which is allied with the Turkish Dogus Group...

Troika: “No State Subsidy for Cyprus Airways”

Troika has made it crystal clear that the Cyprus Government should not provide any State subsidy to the Cyprus’s state-owned airline Cyprus Airways.  According...

Greek Startups: A Word from an Athens Pirate

*By Maria Calafatis - Greeks have always been entrepreneurial. These last few years the Startup Community has grown fast and despite the crisis, there is...

BBG: Greeks Forced to Steal Electricity to Survive

  In a detailed report, Bloomberg refers to the thousands of Greek households that reconnect their electricity supply illegally on their own, as they cannot...

The Reconstruction of Acropolis in a 3D Video

Whiskytree, the 3D graphics company that has participated in many hollywood movies like "The Hunger Games," and "Captain America: The First Avenger," presented the...

Merchant Marine Academy of Macedonia at a Stalemate

The Merchant Marine Academy of Macedonia, Greece, has reached an operational stalemate. The facilities that are right now accommodating about a thousand students and...

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