Society
Greece
Greek FinMin Varoufakis Among Most Interesting Men in the World
Business Insider described Greece’s Finance Minister Yanis Varoufakis as an “unexpected finance minister who seems to have a sixth sense about trends in the Greek economy,” while the news website included him on its list of the 20 most...
Economy
No Agreement With Greece Until June, Brussels Predicts
Greece will not come to an agreement with creditors before June 30 when the bailout extension expires, European Union officials in Brussels predict.
Negotiations had stalled and recommenced on Saturday in Paris, but they ended without any progress. European partners...
Greece
Greek Scientists Discover Cellular Mechanism that Controls Aging
Scientists of the Institute of Molecular Biology and Biotechnology of the Foundation for Research and Technology in Crete discovered a new cellular mechanism that coordinates the process of building and destruction of mitochondria, thereby regulating aging.
Researchers Constantinos Palikaras and...
Economy
Greek Dep FinMin: We Are €400 Million Short for April Wages, Pensions
Deputy Finance Minister Dimitris Mardas revealed on Wednesday that state coffers are 350-400 million euros short and the government will need extra funds to pay wages and pensions at the end of April.
Speaking at Mega television, Mr. Mardas said...
Economy
Greek Municipalities Oppose Govt Plans to Use Their Funds
Greek municipalities held an emergency meeting earlier today in Athens after the government ordered the country's public sector operations to transfer excess funds in a common account to the Bank of Greece (BoG) in a dramatic attempt to cover its...
Greece
Greeks Selflessly Rescue Migrants in Rhodes
Manolis Stavris, a man from Rhodes who has been working as a sailor all his life, participated in the rescue mission on April 20, when a boat carrying around 200 illegal migrants sank just off the island’s shore. The...
Economy
Bloomberg: ECB Considers Curbing Liquidity to Greek Banks
The European Central Bank is considering measures to rein in Emergency Liquidity Assistance to Greek banks, as resistance to further aiding the country’s stricken lenders grows among the Governing Council, a Bloomberg report says.
The report cites people who have...
Economy
EC President: Agreement Unlikely, But No Grexit Either
"We are prepared for all kinds of events but I am excluding at 100 percent this Grexit, or Greek exit," said European Commission President Jean-Claude Juncker.
The EC President spoke to The Politico newspaper about negotiations between Greece and international...
Economy
OECD: Greeks are Hardest Working People in Europe
Greeks are the hardest working people in Europe, since they work 2,037 hours per year, a OECD study shows.
The Organisation for Economic Co-operation and Development conducted a study to determine in which of the 38 OECD member-countries people work the...
Economy
U.S. State Sec Expresses Concern Over Terrorist's Release to Greek Foreign Min
U.S. Secretary of State John Kerry expressed his concern over the potential release of convicted November 17 terrorist Savvas Xeros to Greek Foreign Minister Nikos Kotzias upon the latter's official visit to Washington.
The Greek official assured his U.S. counterpart...
Greece
Greece Asks EC for Emergency Funds to Tackle Flood of Refugees
Greek Prime Minister Alexis Tsipras is in continuous communication with the European Commissioner on Immigration issues and with Italian Prime Minister Matteo Renzi and Spanish Prime Minister Mariano Rajoy over the issue of the recent flood of refugees and...
Greece
US and Turkey Worried About 'November 17' Member Savvas Xeros' Possible Early Release
The United States and Turkey have expressed their concern regarding the scenarios that want former "November 17" member and convicted terrorist Savvas Xeros released due to health reasons. On Friday, the leftist-led Greek government has passed a new law according to which...
Crime
Golden Dawn Trial Postponed as Party Leadership Was Absent
The first day of the highly anticipated Golden Dawn trial only lasted two hours as the neo-Nazi party's leadership was absent. The court was adjourned until May 7.
Party leader Nikos Michaloliakos and the rest of the party's leadership, a total...
Diaspora
New Govt Service for Greek Expatriates in the Works
A new pilot service of the General Secretariat for Greeks Abroad (GGAE) will be the new channel of communication and service provider for expatriates.
The new government agency that is in the works, is the initiative of Foreign Minister Nikos...
Greece
Registered Greek Unemployment Unchanged in February
Registered unemployment was unchanged in February, totaling 864,512 unemployed people, from 864,377 in January, for a 0.02% increase, the Greek Manpower Employment Organization (OAED) said on Friday.
From the total of registered unemployed people, 461,000 (53.32%) were long-tern unemployed for...