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Austrian Railways Head: IMF Privatization Targets for Greece 'Unrealistic'

The International Monetary Fund's targets and expectations from privatizations in Greece are unrealistically high, Austrian Federal Railways (OBB) head Christian Kern said in an interview to local monthly magazine Trend, published on Monday. Taking the Greek railway's privatization plan as an example, Kern...

4.0-Magnitude Earthquake in Northern Greece

A 4.0-magnitude earthquake has been registered in northern Greece, close to the border with Bulgaria, the European-Mediterranean Seismological Center announced. The tremor was registered at 1:03 am UTC on Tuesday. The quake's epicenter was 27 km NE of Drama, Greece, 40 km SW of...

Greek Deputy Citizen Protection Minister: Varoufakis Undermines Democracy

Greek Deputy Citizen Protection Minister Yiannis Panousis said that the secret plans former Finance Minister Yanis Varoufakis had to return Greece to the drachma "undermine democracy" and that Prime Minister Alexis Tsipras will hardly contain the extremist dissidents within his...

Greek Restaurant in Berlin Serves Dishes Inspired by the Crisis

A Greek restaurant owner in Berlin, Germany, launched a limited edition menu based on the Greek crisis. Georgios Chrissidi, owner of Restaurant Z, came up with the ingenious idea that will help lighten the spirit of people in the...

SYRIZA Left Platform 'Show' Marks the Split in Greece's Ruling Party

The absurdity of Greece's ruling party is a mirror of the paradox of the country's public opinion and political thinking. Greece's most popular leftist party has a "Left Platform." On Monday night, SYRIZA's infamous Left Platform put on a...

Education Minister: Greek Schools Are 20,000 Teachers Short

Greek Education Minister Aristides Baltas said that Greek schools are about 20,000 teachers short at the moment. Speaking on national broadcaster ERT on Monday, Baltas said that the government is putting every effort so that staff shortages will be minimized when the...

Ancient Carriage Road Unearthed in Vouliagmeni, Greece

Greek Culture Ministry officials recently announced that archaeologists discovered a 300-meter long stretch of an ancient carriage road during excavations at Megalo Kavouri beach in Vouliagmeni, Athens. The ancient pathway, which is approximately 300 meters long and 1.90 to 6.10 meters wide is considered to...

Excavations for Greek Military Airmen, Shot Down by Friendly Fire in 1974

Excavations to locate the remains of 19 Greek airmen, killed when their aircraft was shot down by friendly fire during the 1974 Turkish invasion of Cyprus, began on Monday at the site where the NORATLAS crashed. The aircraft was part...

Fifty Communist and Labor Parties Sign KKE Solidarity Campaign

Fifty communist, labor parties and organizations across the globe have joined an international campaign in solidarity with the Greek Communist Party (KKE) and its struggle, according to an announcement. The campaign was launched last week by five leftist parties - the Algerian Party...

German Media: SYRIZA Members Worked on Drachma 'Coup' Since May 2014

Greece's former Energy and Finance Ministers worked secretly on schemes to return to the drachma, according to two German media. Spiegel Online featured an article about the reactions of Greek opposition parties to the alleged scheme by former Finance Minister...

Greek PM Tsipras Calls for Emergency SYRIZA Convention

Greek Prime Minister Alexis Tsipras addressed the SYRIZA Political Secretariat on Monday afternoon and asked for an emergency party convention as soon as possible. In a speech that called for the protection of the party's unity, Tsipras recognized that there are divisions within the...

Greek Long Distance Swimmer Gianniotis Finishes Third in World Aquatics Championships

Spyros Gianniotis won the bronze medal in the 10 kilometer open water race in the 2015 FINA World Aquatics Championships in Kazan, Russia. Gainniotis, who hails from the Greek island of Corfu, swam the race in 1 hour, 50 minutes and 00.8...

Varoufakis: 'Greece Will Never Get the New Loan'

Former Greek Finance Minister Yanis Varoufakis claimed that Greece will never get the new bailout loan and that Prime Minister Alexis Tsipras offered him another Ministry after he resigned. Varoufakis spoke to the Official Monetary and Financial Institutions Forum (OMFIF) on July...

Tax Evasion on Greek Islands Exceeds 50%

Sweeping tax audits are in progress on Greek islands since last weekend and the first results show high tax evasion rates. The highest rates were recorded in hotels, restaurants and bars, where they did not issue receipts. It was reported that during 63...

New Heat Wave in Greece This Week

With mercury expected to flirt with extremely high temperatures, there is no respite expected from the sizzling Greek heat until the end of the week. According to Greek meteorologists, temperature will reach 39C on Tuesday in Serres, Thessaly and central Greece,...