Greek News
Economy
Greek PM Tsipras Optimistic Over Negotiation Outcome
A cabinet meeting chaired by Greek Prime Minister Alexis Tsipras took place in Athens late on Thursday with the focus mainly on developments in the negotiation with the country's creditors, the efforts to reach an agreement over the next days, the...
Greece
Three Greek Islands Are the Most Popular in the Mediterranean
The top three spots on the list of the 30 most popular islands in the Mediterranean are occupied by the Greek islands of Ios, Hydra and Folegandros. The list was published after a survey on the search history and hotel...
Greece
Eurostat: Greek Unemployment at 25.7% in January
The Greek unemployment rate slightly eased to 25.7% in January, compared to December 2014, but remained the highest in the Eurozone and the EU, Eurostat said on Thursday.
In a released report, Eurostat said unemployment in the Eurozone and the EU-28 in March was at...
Economy
Dijsselbloem: 'Europe is Prepared for Any Greek Outcome'
As far as Greeks are concerned, Jeroen Dijsselbloem is quickly becoming one of the most hated European politicians, surpassing even German Chancellor Angela Merkel.
Over the last 24 hours, the Eurogroup President appeared unwilling to sympathize with Greece’s position. On April 30, while...
Cyprus
Ghost Resort in Cyprus Might Become Peace Offering
The deserted tourist resort in Varosha, Cyprus, might play a serious role in a 41-year-old diplomatic dispute between the Turkish-occupied northern Cyprus and the legitimate Cypriot government.
The resort in Varosha, near the city of Famagusta, was a splendid example...
Economy
European Commission Welcomes 'Intensification' of Talks with Greece
The European Commission expressed its satisfaction on Thursday that talks between Greek authorities and the institutions representing the country's creditors had deepened and intensified.
Commission spokesman Margaritis Schinas said that negotiations with the Brussels Group are being repeated in Brussels on Thursday...
Greece
What Do Greeks Search on Google?
A survey on the search “obsessions” of internet users has been circulating the web over the last few days. The survey conducted by cost-estimating website Fixr.com recorded Google user searches for various products, depending on their country of residence.
Although the...
Ancient Greece
Greek May Day Customs and Traditions
The celebration of May Day has its roots in ancient times. The first day of May is considered a celebration of the arrival of Spring. According to tradition, the month of May was named after the Roman goddess Maia,...
Economy
Greece and European Partners Target Deal by Early Next Week
Greece and its euro-area partners are stepping up talks in a bid to break an impasse over bailout aid as early as next week, even if the country’s government sent conflicting signals over its willingness to agree on long-stalled reforms,...
Archaeology
E-Ticket to Acropolis Archaeolgical Site from June
The electronic ticket will be applied from June starting from the archaeological site of the Acropolis with aim to be applied to all Greek archaeological sites by the end of the year, Greek Alternate Culture Minister Nikos Xydakis stated...
Economy
Greek Parliament Budget Office: Lack of Strategy Harms Economy
An agreement with creditors is urgent because the country is in danger of falling into deep recession and the government's lack of strategy harms the economy, says the quarterly report of the Parliamentary Budget Office.
According to the report, the...
Ancient Greece
Pointe-à-Callière Exhibition on Ancient Greeks a Great Hit
The exhibition “The Greeks - Agamemnon to Alexander the Great” at the archaeological museum of Pointe-à-Callière in Montreal, Canada, has ended after four successful months.
“Pointe-à-Callière, Montreal’s Archaeology and History Complex, is proud to announce that 132,156 visitors came through...
Economy
Varoufakis: Concessions to Reach Deal, Lenders Push Us to the Limits
Greece will make concessions in order to reach an intermediate deal that would increase liquidity now, and then come up with a comprehensive list of reforms for a final deal in June, Finance Minister Yanis Varoufakis said.
"We are putting...
Economy
Greek Reconstruction Minister: No Deal, We'll Seek Alliances Elsewhere
Greek Minister of Productive Reconstruction, Environment and Energy Panagiotis Lafazanis gave a controversial interview in which he claims that an "honorable deal" is impossible and it is better for Greece to leave the European Union and seek alliances elsewhere.
Lafazanis,...
Economy
Health Minister Calls on Multinational Pharmaceutical Firms to Invest in Greece
Greek Health and Social Insurance Minister Panagiotis Kouroumblis on Wednesday issued a stern warning to multinational drug companies that they should invest in Greece, during a speech at a conference titled “Shaping the Future of Healthcare in Greece.”
The minister...