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Greek News

Greek Bank Deposits Dropped to 2003 Levels in July

Greek banks lost 39.4 billion euros in deposits between January and July. The Bank of Greece (BoG) announced on Thursday that Greek households withdrew 1.43 billion euros from Greek banks in the month of July, thus lowering the total Greek bank deposits to...

Greek-French Academy Award Winner Desplat to Close Athens Open Air Film Festival

This year's Athens Open Air Film Festival will come to an end on Saturday, September 5, with a special screening at the Greek Film Archive. Greek-French composer and Academy Award winner Alexandre Desplat, who performed at the Odeon of Herodes...

Greek Shipping Minister: 200,000 Migrants and Refugees in Greece Since Beginning of 2015

Greek Shipping Minister Thodoris Dritsas announced on Wednesday that 200,000 migrants and refugees have entered the Greek borders in 2015, with 100,000 having arrived in the country in the past two months. Dritsas cited bureaucratic limitations as a cause of the delayed transportation...

Olympiacos F.C. Lands Tough 2015-2016 UEFA Champions League Draw

Olympiacos FC will face strong opposition in the group stages of the UEFA Champions League in order to advance to the next round. The Greek Superleague champions were placed against Bayern Munich, Arsenal and Dinamo Zagreb in Group F during the 2015-2016 UEFA Champions...

Greek Council of State Cancels Govt Recall of Hellas Gold Mining Study Permit

The controversy over mining projects in northern Greece continues as the Greek Council of State cancelled the Productive Reconstruction, Environment and Energy Ministry's decision to recall the permits for Hellas Gold's technical mining studies in northern Greece. The country's supreme court argued that the...

First Greek Female Prime Minister Sworn in Office

Vassiliki Thanou-Christophilou became Greece's first female Prime Minister on Thursday evening. Thanou, the former Greek Supreme Court President, was sworn in on Thursday evening by the President of the Hellenic Republic, Prokopis Pavlopoulos. Following the resignation of former Greek Prime Minister Alexis Tsipras...

Free Athens Seminar to Work and Study in Australia

The AISI free seminar on September 8 in Athens is a unique opportunity to learn about working and studying in Australia, getting a work visa and immigration information from the experts. With Greece's unemployment rate being the highest in the European...

UNICEF Setting Up Children Zone Near Greek-FYROM Border

UNICEF announced that it would set up a child-friendly zone in the area near the Greek-FYROM border for underage refugee and migrant children seeking asylum. Over the last weeks, thousands of asylum seekers have arrived at the border between...

Greece: Time for Some Forgiveness

By Professor Dimitri Gonis A taxi ride through the Peloponnese is an eye opening experience. It's about 300 kilometres and a three hour drive from Kalamata to Athens. The fee is 250 euros or about 380 dollars; more than half...

Three SkyGreece Flights Cancelled

SkyGreece, an airline based in Greece, cancelled three of its flights from and to the Toronto Pearson International Airport on Wednesday. According to reporter Cindy Pom, the plane is parked at the Pearson airport because the company has not paid landing fees to...

New Study Forecasts Increase in Greek Insolvencies in 2015 and 2016

Atradius, a trade credit insurance company, released an insolvency forecast report for 22 advanced economies on Thursday. Among the reports findings is the Eurozone's persistently high insolvency rates. “Despite the modest improvement, insolvency levels in the eurozone are still 75% higher...

Greece's Transitional Prime Minister Thanou to be Sworn in at 8pm Thursday

Vassiliki Thanou, President of the Supreme Court, will be sworn in transitional prime minister of Greece at 8:00 pm Thursday and Greece will go to general elections on September 20. After political leaders failed to form a coalition government from...

Ancient Greek Philosopher Statue Vandalized in Turkey

The famous statue of Aristotle that greeted visitors at the ancient Greek city of Assos in Turkey had to be removed from its place, after it was vandalized. Turkish newspaper Hurriyet noted that the statue has been transferred to Izmir in order...

ND Leader Meimarakis: 'We have a Program and Call on Greeks to Trust Us Again'

We start the battle in order to turn page in the country's history, stated New Democracy leader (ND) Evangelos Meimarakis in his address to the party's parliamentary group on Thursday and called on the Greek citizens to trust ND...

What to Do in Corfu

By Cliff Blaylock Imagine. You hop off the boat, plane, hot air balloon or magic carpet, eyes wide and full of excitement at the prospect of your first holiday on the world famous island of Corfu. Your mind is swimming...