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Greek News

1/3 of Greek Households Earn Less than 10,000 Euros

According to a survey conducted by Small Enterprises’ Institute of the Hellenic Confederation of Professionals, Craftsmen and Merchants (IME-GSEVEE), almost one in three Greeks are facing poverty and debt, while the disposable income has slipped below the poverty line. The...

George Papandreou: Memorandum Was a Medicine

If the Memorandum was not signed, Greece would have been bankrupt. This is what former Prime Minister George Papandreou underlined during an interview on Greek TV earlier today. "The Memorandum was signed for a reason, it was a medicine," Papandreou...

Regling: Discussion on Greek Debt Relief Possible Only if Reforms Continue

In an interview with Portuguese newspaper "Diario Economico," European Stability Mechanism (ESM) Managing Director Klaus Regling left the possibility open that a discussion on further debt relief for Greece might begin, provided the country continued the reforms and measures...

Finnish PM to Reject any Greek Debt Forgiveness

Finnish Prime Minister Alex Stubb has warned in an interview with the Financial Times today that his country is ready to give a "resounding no" to any move to forgive Greece's debt, putting his country's government on a collision...

Greek Singer Dimitris Basis to Perform in Melbourne and Sydney

Acclaimed Greek singer and performer Dimitris Basis headlines this year’s programs at the largest celebration of Greek culture outside of Greece; the Lonsdale Street Festival in Melbourne (Sat 14/2) and the Greek Festival of Sydney in Darling Harbour (Sun...

Greek-Australian Owned Cosmetics Company to Expand in Greece

Greek-Australian entrepreneur Napoleon Perdis who specializes in the cosmetics industry stated that he is planning to expand his “empire” to Greece. In a recent interview with the Greek Diaspora newspaper “Neos Kosmos,” Perdis explained that he is planning to live in...

Greek Education Ministry to Withdraw School Book With Failed Parthenon Marbles Reference

Greece's Education Ministry will withdraw an art history school book that was criticized for misrepresenting the history of the Parthenon Marbles housed in the British Museum. The textbook, published in 2003, says that the Parthenon treasures, almost half of the 160-meter-long frieze on...

Greek FinMin: Greek Govt Surplus Falls Short

The Greek government's projections regarding the budget surplus for 2014 fell far short, the country's Finance Ministry announced earlier today, citing lower tax revenue and a stalled bailout review that prevented the disbursement of funds, according to Reuters. As the...

Greek Orthodox Patriarch Congratulates Kuwait Amir on UN Honoring

His Eminence Patriarch John X Yazigi of the Antioch Greek Orthodox Patriarchate congratulated His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah for being named "Humanitarian Leader" by the UN, as well as for the fact that Kuwait was...

Greek Sculptor Works at Kogarah’s Artist Cottage

Carss Park is located in the southern Sydney suburb of Kogarah. When the park supervisor left his job, the cottage where he used to live, within the park, was abandoned. At first, the municipality had ordered to demolish the...

4.7% of People in Greece Are Muslims

After the shocking events that occurred in France over the last week, starting from the terrorist attack in Charlie Hebdo that resulted in the death of 12 people, Europeans have started expressing their fear about what will come next. People...

Ancient Greek City of Bargylia in Turkey on Sale for Eight Million Euros

A shocking news story emerged from the Turkish press, as according to the country's major newspaper, Hurriyet, the ancient Greek city of Bargylia, dating back to the 5th century BC, located in Asia Minor near Gulluk Bay on the...

Europol Alert About Jihadists in Greece

European Police issued an alert on Saturday that will be in effect until Saturday, January 17, and involves seven jihadists' names who might conduct terrorist acts. One or more of them may be hiding in Greece. The Europol warning was...

Spanish and Greek PMs Pledge to Protect European Borders and Currency

The shared values and goals of Greece and Spain were discussed in the meeting between Greek Prime Minister Antonis Samaras and his Spanish counterpart Mariano Rajoy this morning at the government headquarters. Samaras said that Greeks recognize the help of the Spanish...

Giorgos Xylouris and Jim White to Perform in Australia

After the great success of their joint performances in the United States, renowned Australian rock drummer Jim White and Greek lute player and singer Giorgos Xylouris have scheduled more performances in various Australian festivals. The two musicians are planning...