Hellenic Enterprises President to Offer Memorandum Proposals

"We are looking bankruptcy in the eye. We are at a crucial turning point of an effort to save the country and a revision...

Greek Fin Min: No Comment On Austria’s Warnings On Aid

Greek Finance Minister George Papaconstantinou refused to comment Tuesday on reports that Austria might withhold its contribution to the country's E110 billion aid deal. "I...

Public Muslim Worship in Athens Not Popular with Natives

Thousands of muslims from all over Greece gathered today in 11 public places of Athens.  These include the Propylaia and Attiki Square to worship...

International Investors Acquire Land in Crete

Arab, Russian, Swiss, American tycoons, various investors, and many businessmen are going through a buying frenzy to acquire land in Plaka and Elounda, Crete. ...

Papandreou Rules Out Debt Restructuring

A restructuring of its debt would be a catastrophe for Greek people and Europe, the country’s Premier said in an interview Monday with Le...

Greece’s 2009 Budget Gap Hits 15.4% Of GDP, Eurostat Says

Greece’s 2009 budget deficit hit 15.4 of GDP, revised data provided Monday by Eurostat showed. The previous notification was at 13.6% of GDP The country’s government...

Greeks Look to Turkey for Employment

The job search is no longer confined to Western Europe and now includes Turkey. Dozens of requests from jobless Greeks are being sent to...

Greece Sells 390 MLN Euro 6-month Bonds, Rates Rise

Greece has today issued six-month state bonds worth 390 million euros at a yield up 28 base points compared to the previous auction in...

Nea Halkidona Mayor Killed in Auto Accident

The mayor of the Athens district of Nea Halkidona and leading candidate for the Nea Philadelphia-Halkidona municipality in Sunday's run-off local government elections, Giorgos...

48 Kilo Cocaine Bust in Patras & Athens

Four people were arrested and about 48 kilos of cocaine were seized by authorities in the western port city of Patras and in Athens in...

Fate of the World Strategy Game Released in Greece in 2011

"Fate of the World" is a dramatic global strategy game that puts our future in your hands! Decide how the world would respond to...

Mega Astonished with Success of “The Island”

The production company at Mega Channel who is working on the series “The Island” is astonished by the recognition it is receiving from its...

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