Greek News

Greece's obligations to creditors after the completion of the third bailout program will go all the way to 2073, a Business Insider report said. The concern about the sustainability of the Greek debt makes some Eurozone countries demand more reforms on...

Greeks may be trying their luck in other countries across the globe due to the financial crisis and political instability but Greece still remains one of the top summer destinations for wealthy tourists, noted Bloomberg. The news agency noted that Greece accounted for...

The Greek Ambassador to the United States, Christos Panagopoulos, said that the reforms creditors require in order to sign Greece's third bailout will not cure the country's ailing economy. Panagopoulos spoke to USA Today's Owen Ullmann and said that the...

In two interviews with Al Jazeera, Greek Alternate Minister for Tourism Elena Kountoura thanked the tourists that had chosen Greece for their holidays and noted that tourist traffic is higher than last year. Kountoura noted that tourism is still high on...

Greece's Alternate Finance Minister Tryfon Alexiadis announced plans to revise a special property tax with the aim of lightening the burden for low incomes and small property holders, without changing a 2.65-billion-euro revenue target. He also announced a package...

New excavation work at an Archaic sanctuary site on an Aegean Sea islet unearthed important findings about its size and organization, Greece's Culture Ministry announced on Wednesday. Excavations on the small uninhabited islet of Despotiko --located off the popular island...

Drivers in Greece often admit to dangerous driving, while the country has recorded one of the highest road fatality rates in Europe. However, they are often found uninsured. A recent survey revealed that Greece has the highest percentage of uninsured...

King Mohammed VI of Morocco and his wife Princess Lalla Salma travelled to Greece and spent about 5 million euros for their 7-day vacation in the Ilia region, on the western coast of Peloponnese. The King of Morocco arrived last Wednesday, accompanied by his wife, two children,...

Bishop Ambrosius, head of the Greek Orthodox Church delegation visiting Russia, said that Greece needs Russia's help to deal with the economic crisis. Calling on historic and religious ties, Bishop Ambrosius asked Russia to help Greece during a visit for events...

The opposing statements made on Greek radio by Prime Minister Alexis Tsipras and his "opponent," Left Platform leader Panagiotis Lafazanis, show that the Thursday meeting of SYRIZA's Central Committee might end into a showdown within the ruling party. After the...

The Greek Parliamentary Budget Office found that the Greece's economy will face a tough few months ahead. In its quarterly report for the April and June 2015 period, the Office noted that the capital controls in effect since June 28 will not be lifted...

The European Union has solved a long dispute over a special cheese from Cyprus by deciding to recognize it by both its Greek and Turkish name. The famous halloumi cheese -- or hellim for Turkish-Cypriots -- is now officially a protected designation...

Two men, a 72-year-old pharmacist and his 27-year-old son, were found dead in their home in Serres, northern Greece. Their bodies were found by the elder man’s daughter around 10:00 pm on July 28. Greek police and EMTs were...

Greek depositors and businesses are relocating their money and their business headquarters to Bulgaria, according to German weekly magazine Der Spiegel. The magazine reported that 14,000 euros are leaving Greece for Bulgarian banks each week since capital controls were fist imposed in Greek banks on...

According to Greek newspaper "Kathimerini," sources claimed that the reopening of the Athens Stock Exchange (ASE) is being postponed because banks have been unable to create new accounts for Greek stockholders. The stock exchange was expected to open on Thursday after being shut down since...