Greek News

For decades the Greek banks and the real estate market were operating as communicating vessels, with the former granting long-term mortgage loans to satisfy the increasing demand for real estate properties. With Greece being through the sixth year of economic crisis, the...

"The Amphipolis tomb excavation was a badly staged play to distract Greek people from the harsh austerity measures the previous government was implementing," noted the general secretary of the Athens Archaeological Institute Vasilios Petratos. Petratos, also an academic, said that the...

While the temperature rises in Athens during the summer, a rejuvenating dip in the sea after work is exactly what you need in order to cool down. So, slip on your colorful swimsuit, put on your large sunglasses and...

During the past few months the Greek government was striving, negotiating and working day and night to find a redeeming agreement, Greek Finance Minister Yanis Varoufakis told reporters after a Eurogroup meeting in Brussels on Monday. The minister noted that...

Eurozone finance ministers welcomed progress achieved in negotiations between Greece and its creditors on a cash-for-reform deal but said more work is needed to bridge differences holding up a comprehensive agreement. Eurogroup statement on Greece The Eurogroup today took stock of the...

The Greek government paid the latest 750-million-euro installment to the International Monetary Fund, according to Reuters. The agency spoke with two Greek Finance Ministry officials who confirmed the news. "The order to pay the IMF has been executed," a senior...

Minister of Justice Nikos Paraskevopoulos announced on Monday that the Golden Dawn trial will move to a new venue that will be especially built and will be ready in September. In a meeting between Paraskevopoulos, state prosecutors, defense attorneys and...

The decision to rehire the finance ministry cleaners was celebrated today with several cabinet members and other state officials who joined the cleaners offering sweets and praising their struggle. There was a party on Monday morning on Karagiorgi Servias street...

Main opposition New Democracy spokesperson Costas Karagounis on Monday left open all possibilities as far as it concerns the party's stance towards the agreement between the Greek government and its creditors. In statements to ANA-MPA, Karagounis spoke of a rather...

Greek Government spokesman Gavriil Sakellaridis, in his briefing to the press on Monday, reiterated the government's position and its effort for a mutually beneficial agreement within the "red lines" that will respect the people's mandate. He noted that the aim...

An international scientific team of researchers from the United States, Russia, Canada and Sweden led by Greek scientist Dr. Eleftheria Palkopoulou was able to sequence the complete genome of a woolly mammoth. Mammoths, cousins to our modern elephants, have been...

Greek professional kick-boxer Mike Zambidis continued his winning streak by defeating Turkish Erkan Varol in Limassol, Cyprus on Saturday night, May 9. The Iron Challenge Cyprus event took place at the Apollon Indoor Arena and the 34-year-old kickboxer did not...

The former employees of national broadcaster ERT took over the building of NERIT -- as it is called now -- since today is the day ERT is reinstated and they are getting their jobs back. The employees, who had been...

The Institute of Geodynamics of the National Observatory of Athens announced that an earthquake measuring 4.4 on the Richter scale occurred at 12:32 a.m. on Monday morning, in a maritime area southeast of Crete, Greece. It was felt around...

"The government has done what is humanly possible. Now the solution depends entirely on the political will of creditors," said Greek Finance Minister Yanis Varoufakis on Monday. Varoufakis spoke to Red radio station right before he flew out to Brussels...