Turkey Invites Greece to Anatolian Eagle Aerial War Games

Turkey has invited Greece to the Anatolian Eagle Aerial War Games set for next year in what is a first in its history.  This...

Greece’s IT Usage on the Rise

The use of personal computers and internet use is rising in Greece. According to a survey carried out by the Greek statistical authority, regarding the...

Fitch Places Major Greek Banks on RWN

Fitch Ratings said it placed the long-term ratings of major Greek banks on rating watch negative (RWN), after placing Greece’s sovereign rating also on...

Scrapped Bonuses Means Fewer Greek Gifts

Twice as many Greeks as last year say they have no additional income to spend over the holiday period, Kathimerini reported, citing a survey...

A Greek Bishop Blames Jews for Greece’s Problems

A high-level priest (Metropolite of Piraeus Seraphimon) on the morning show of the largest television station in Greece blamed world Jewry for Greece's financial...

Greek Parliament Passes Austerity Budget Amid Protests

Greek lawmakers approved the 2011 budget in the early hours of Thursday amid ongoing strikes and protests by labor unions over painful austerity measures...

Government Ridicules Return to Drachma Currency

Government spokesman Giorgos Petalotis on Tuesday again dismissed the prospect of early elections.  He also ridiculed a return to the drachma currency, speaking to a...

Greek Revolution of 1921 Fighter’s Manuscript Auctioned

This manuscript of the Greek fighter Christoforos Perrevos was sold for 29.500 euros. Perrevos was one of the greatest fighters during the Greek Revolution...

“Greek Action in Africa” Supports HIV Victims

Greek Mero Kesesioglou is the president of the foundation “Greek Action in Africa”.  The organization was established in 1980 and provides economical and psychological support...

Minister Of Finance Asks Listed State – Controlled Firms To Cut Wages

Greek government is pushing state-controlled companies, listed in Athens Exchange, to cut their wages in line with recent legislation for other state-controlled companies, according...

Bloomberg Sues ECB On Greek Swaps

Bloomberg News filed a lawsuit against the European Central Bank, seeking to make it disclose documents showing how Greece used derivatives to hide its...

Greece Plans Gambling Regulation Law Early 2011, Ministry Says

The Greek government plans to submit legislation to parliament early next year to regulate the gambling market and grant some betting licenses, according to...

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