With Prime Minister Antonis Samaras saying that Greece’s crushing economic crisis is beginning to wind down and will turn around next year with a return to the markets, economic output fell by 5.3 percent in the first quarter of 2013, compared to a year earlier, according to figures published by the Hellenic Statistical Authority ELSTAT. [...]

Greek Museums Packing Them In
Hit by constant protests and riots over austerity measures in 2012, Greece’s museums saw a 2.8 percent drop in visitors, and a decline in revenues of 18.4 percent, according to the Hellenic Statistical Authority (ELSTAT). However, a 15.2% increase was recorded in the number of visitors to Greek museums during January 2013 while revenues rose [...]

Greece Expects Record Tourism Season
With constant images of protests, strikes and riots that kept tourists away in 2012 having faded away as Greeks have relented to austerity measures, the head of the Athens-Attica Hotels Association said he expects a banner year with as many as 17 million visitors, which would set a record. “We are facing a more stable [...]

Greece’s Tourist Traffic Fell In 2012
The number of tourists to Greece in 2012, a time of protests, strikes and riots against austerity measures, fell 5.5% as 15,517,622 people arrived to Greece, which means 909,625 fewer people than in 2011. This is the result of the borders research, conducted by the Bank of Greece and published by the Greek Statistical Authority [...]
Greeks Lose 33% Of Disposable Income
Greece’s crushing economic crisis and attendant austerity measures have stripped Greeks of more than a third of their disposable income in the last three years, data from the country’s statistics agency ELSTAT said. Pay cuts, tax hikes and slashed pensions imposed by the government on the orders of international lenders putting up $325 billion in [...]

Greeks EU’s 2nd Biggest Horse Meat Eaters
Greece has the second-highest number of reported cases concerning the recent food scandal about the mixing of horse meat with beef in the food chain, according to the first results of DNA analyses. In Greece, from a total of 288 analyses, 36 cases were tested positive for horse DNA, some 12.5 percent. The horse meat [...]
Stournaras Steers Toward Primary Surplus
Greek Finance Minister Yiannis Stournaras said his goal is to push Greece into a primary surplus this year to earn debt relief. That comes after inspectors from international lenders concluded a review of Greek books that is slated to open the way for 8.8 billion euros ($11.5 billion) in the release of delayed loans. “For [...]

Greek Parents Buying Fewer Toys
Greece’s crushing economic austerity is taking its toll on the toy industry as well as Greeks are buying fewer for their children, according to the statistics agency ELSTAT. The survey’s conclusions showed that the small toys stores were particularly affected by the crisis, in comparison to large chain stores that were proved more persistent due [...]
Greek Jobless Rate A Record 27.2%
Only days after Greek Prime Minister Antonis Samaras said that for the first time since austerity measures were imposed three years ago that more people were being hired than fired, the country’s statistics agency ELSTAT said unemployment hit another record of 27.2 percent in January. There are now more than 1.3 million people out of [...]

Building Activity in Greece Drops
2013 started with a significant fall by 28.1 percent in the construction industry in Greece. The number of building permits decreased by 35.6 percent and it is rather possible that the fall will continue in the coming months. Things will get worse in the next semester if the guiding values rise in a number of [...]

Greece’s Museums Losing Visitors, Money
Beset by strikes amid constant protests and riots over austerity measures in 2012, Greece’s museums saw a 2.8 percent drop in visitors, and a decline in revenues of 18.4 percent, according to the Hellenic Statistical Authority (ELSTAT). That was partially offset by a better December in which there was an increase in visitors by 31.3 [...]

First Deflation In Greece In 45 years
According to Enet, Greece has hit deflation for the first time since 1968 as the country’s crushing economic crisis and harsh austerity measures keep pushing down prices and consumer spending. Consumer prices fell 0.2% year-on-year in March, the first month of deflation since 1968, the Hellenic Statistical Authority (ELSTAT) said, with EU-harmonized inflation also falling [...]
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05 / 18 Eurovision Results: Denmark Wins; Greece Comes 6th
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05 / 18 Samaras Urges Chinese Invest in Greece
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05 / 18 Police Say Bank Robber Prison Escapee
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05 / 18 Greece’s Muslims Cite “Slaughter” Threat
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05 / 18 Cypriots Cede The Right to Rebel
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12 / 28 BBC Asks Why No Mosque in Athens?
December 28, 2012
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10 / 03 The Name Game: Greece Gave Macedonia Away
October 3, 2012
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02 / 28 Greek Man Arrested for Immigrant Attacks
February 28, 2013
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03 / 04 Golden Dawn Will Open Nursery Schools
March 4, 2013
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02 / 27 Golden Dawn Recruiting Schoolchildren
February 27, 2013
Latest in Greek Soccer and Sports
Calendar – Exhibits, Concerts, Fun
- Greece Celebrates International Museum Day on May 18 May 18, 2013
- Edessa Cherries, Wine For Gastronomy Fair May 17, 2013
- Greek Choreographers Festival In Thessaloniki May 17, 2013
- Taxidi Exhibit 2013 Opens in Cyprus May 16, 2013






