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Greek News

The Deja Vu of the New Greek Government

It is early October and Greek people seem to be reliving the days of early February. It is as if the past eight months never happened in Greek politics. Greeks went through an election and a referendum and one...

EU Court Dismisses Investors Loss Claim Due to Greek Debt Restructuring

A European Union court on Wednesday rejected claims by more than 200 Italian investors against the European Central Bank over Greek debt restructuring in 2012, saying their losses were part of normal financial market risk. According to a Reuters report,...

New Video Document Related to Golden Dawn Trial (video)

The mother of slain rapper Pavlos Fyssas on Tuesday told a court hearing the criminal trial of Golden Dawn that the order for the hit had come from Piraeus MP Yiannis Lagos, as a video came to light showing...

Council of State Opens Way for Erecting Mosque in Athens

The Council of State rejected an appeal of 111 residents of Votanikos area in Athens who were against the building of a Muslim mosque. The decision paves the way for the erection of the first Muslim mosque in Athens. The...

Schaeuble: 'Not Responsible for Greek Crisis'

German Finance Minister Wolfgang Schaeuble had a long conversation with French students as part of a university program, which did not conclude in his favor, notes the German daily Suddeutsche Zeitung. Schaeuble visited the elite Science Po University in Paris,...

Greek Minister Pledges Crackdown on Tax Evasion, with German-Style Tax Raids on Big Business

The government intends to crack down on tax evasion by adopting best practices from other countries, Greek Alternate Finance Minister Tryfon Alexiadis said in Parliament on Tuesday, during the debate on the government's policy statements. Among others, he announced plans...

Archbishop Ieronymos Claims Europe Is Against Greek Orthodoxy

Archbishop Ieronymos II of Athens and All Greece accused Europe and the Greek government of trying to alter Christian Greek society and the identity of Greek people. Ieronymos spoke on the occasion of a recent government proposal to make easier...

EU Finance Ministers Approve Deal to Share Information on Tax Rulings

European Union finance ministers adopted unanimously a proposal requiring governments to share information on tax rulings, in an effort to stop corporate tax evasion by multinationals, during a meeting in Luxembourg. According to the political agreement achieved in today’s Ecofin,...

EU Commission's Costello: 'Good Chance' of Success for New Greek Programme

The new programme for Greece has a "good chance" of succeeding, the European Commission's head of mission for Greece Declan Costello said, on Tuesday. Costello made the statement while attending an event on the Greek programme at the Centre...

MEGA Problems at one of Greece's Biggest TV Stations Due to Announced Wage Cuts

MEGA television network, one of Greece's five major television networks, did not air their nightly news broadcast on Monday evening, as the company's employees went on strike from 6 pm until 12 am in protest of the anticipated cut in wages. Efsyn.gr...

New Gucci Advertisement Includes Song by Greek Band

A newly released advertisement by Italian fashion brand Gucci includes a song produced by a Greek band thirty years ago. This Greek band called Alive She Died, came together in 1984 and was active until 1987 when they disbanded according to Greek...

Greek Scientist in California Explains Factors Fueling Brain Drain in Greece

A new opinion piece, entitled "Free Greek science from political hampering," was published in EuroScientist, the official publication of the EuroScience non-profit association of researchers in Europe, by SciencePOD on Monday, October 5, 2015, urging the Greek political class to support...

Greek PM and Austrian Chancellor Visit the Island of Lesvos

Austrian Chancellor Werner Faymann arrived at the Greek island of Lesvos on Tuesday to witness first hand the extent of the refugee crisis in Greece and how it is being managed. Faymann was greeted by Greek Prime Minister Alexis Tsipras upon his...

IMF Predicts Greek Recession in 2015 and 2016 – Recovery in 2017

The International Monetary Fund foresees a deteriorating Greek economy, at least for the following year. In its World Economic Outlook report for October 2015 the IMF predicts that by the end of 2015 Greek GDP will have fallen by 2.3%, while...

Tax Inspectors Verbally Abused at Greek Fair for Imposing Fine on Merchant

Tensions rose at a fair in the area of Florina in Macedonia, Greece when tax inspectors imposed a fine on a merchant who was selling their product at the fair. Greek media reports that the three tax inspectors who attended the fair were verbally...