Ioannina is Covered in Snow!

The first snow of the season has started to fall!  The mountainous regions of the prefecture of Ioannina in western Greece are covered in snow.  Residents of Milia,...

ATEbank Plans to Boost its Capital by 1 Billion Euros

ATEbank stated it plans to boost its capital by 1 billion euros on Wednesday in efforts to strengthen its balance sheet. "ATEbank, in cooperation and with...

EC Refers Greece to European Court of Justice Regarding Medical Protocols

The European Commission has referred Greece to the European Court of Justice for medical equipment supply contracts to hospitals.  The contracts regard safety standards for...

4 Immigrants Found Dead in Greece

The bodies of four individuals, believed to be undocumented migrants from Iran, were found in an abandoned truck trailer.  It was parked in the...

NYU Professor Roubini Claims Greece to Restructure Debt or Return to Drachma

Greece will have to restructure its debt or leave Europe’s monetary union, New York University Professor Nouriel Roubini told Boerse-Online, reported Bloomberg. Greece’s debt is...

General Bank States Capital Increase Fully Subscribed

General Bank, Societe General’s Greek unit, said Wednesday that its share capital increase of EUR339.733mil. was fully subscribed. “In specific, existing shareholders participated from 5/11/2010...

The Pan-Hellenic Seamen’s Federation Strike Continue – Union Calls off Garbage Strike

Adding to Greek woes, the union for seamen began a strike on Tuesday with plans to extend what had initially been a one-day...

Cypriot President Christofias Arrives in Athens for Meetings with Greek Leaders

Cypriot President Demetris Christofias arrived in Athens yesterday evening for a meeting with the Greek Prime Minister George Papandreou today.  Christofias was invited by the Speaker of the...

Musician Alexandrou “Greek Al Bano” Passes

Lakis Alexandrou who was characterized as the "Greek Al bano" when he made his musical debut, died a few days ago from a heart attack....

Conde Nast Traveler Honors Grande Bretagne as Most Luxurious & Historical Hotel of Athens

Τhe Grande Bretagne Hotel has been listed for another year in the Conde Nast Traveler magazine.  It includes the best hotels worldwide according to...

EU & IMF States Greece’s Fiscal Adjustment Program is on Track

Greece is broadly on track in implementing its fiscal adjustment program, the EU/IMF mission in Athens said Tuesday.  However the mission warned that challenges...

24-Hour Seamen’s Strike Halts Greek Ferries Tomorrow

Domestic ferry services from Greece’s main port of Piraeus will be shut down tomorrow.  Seamen will hold a 24-hour strike as they seek to negotiate...

LATEST