Aegean Airlines Sees 53% Drop in Profit for 2016

Greece's largest airline carrier, Aegean Airlines, said on Thursday that the company's full-year net profit for 2016 fell by 53 percent. Important factors such as...

Greek Unemployment Falls, But Still Remains Highest in the EU

Data released on Thursday by the Greek statistics agency ELSTAT show that the unemployment rate dropped to 21.7 percent in April from 22.0 percent...

Germany’s Schaeuble Proposes ESM Use for Investments in Greece – With a Price

German Finance Minister Wolfgang Schaeuble is working on a proposal that would allow southern eurozone countries to tap into the single currency bloc's bailout...

Fraport to Demand Compensation from Greece over Regional Airports

Germany’s Fraport is to demand compensation of around 70 million euros from the Greek government, for the deficient maintenance of some of the regional...

UNHCR: 33,600 Refugees in Greece Received Cash Assistance in October

The United Nations High Commissioner for Refugees (UNHCR) has released the amount of cash assistance offered to refugees living in Greece for the month...

Overnight Stay Tax Controversy within the Greek Hospitality Sector

  The Greek Ministry of Tourism has implemented the Overnight Stay Tax as from January 1st, 2018; being its main purpose to drive revenues while...

Greece Gives Eldorado Gold Positive Ruling

Canada’s Eldorado Gold Corp and its subsidiary Hellenic Gold on Wednesday received a positive ruling from arbitrators on its planned gold mining plant in...

New App for Etz Hayyim Synagogue Allows Visitors to Discover History of Cretan Jews

A new mobile phone application that allows visitors to discover the Etz Hayyim Synagogue in the old city of Chania in Crete and learn...

Twenty Thousand Scientists Left Greece in Five Years; Startups Funded by Parents

About 20,000 scientists left Greece to work abroad in the 2009-2014 period, while 83.5 percent of startups are funded by home savings, said Deputy...

Augmented Reality Device Offers Unique 3D View of Acropolis

A new application created by a Greek entrepreneur gives visitors the chance to have 3D virtual tours of archaeological sites and see them the...

CNN launches Greek Edition of Webpage

CNN has officially launched the Greek edition of their website, via a collaboration with DPG Digital Media, a Greek company that develops media brands. CNN.gr includes news...

Greek PM: We Will Give Money from TV License Sale to the Poor

Greek Prime Minister Alexis Tsipras announced on Friday that the revenues from the four television licenses will be distributed to vulnerable social groups. The prime...

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