Greek News
Economy
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...
Economy
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,...
Crime
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...
Greece
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...
Economy
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,...
Economy
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...
Education
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...
Economy
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,...
Economy
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...
Business
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...
Fashion
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...
Education
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...
Greece
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...
Economy
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...
Crime
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...