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Greek Flour Magnate Donates Farm and Mansion to Children's Charity

Greek flour magnate Constantinos Loulis has donated a 25-acre farm and mansion to children's charity organization "Arc of the World." "Ark of the World" (Kivotos tou Kosmou) takes care of children who have experienced abandonment, racism and social exclusion, and now takes...

First 'Made in Greece' Drone to be Presented at Thessaloniki Fair

The first unmanned aerial vehicle bearing the "Made in Greece" stamp will be presented at the 81st Thessaloniki International Fair. The HCUAV RX-1 is 4 meters long, takes off at a speed of 2.8 meters per second and can develop a...

Moody's: Reduction of NPLs 'Credit Positive' for Greek Banks

On Monday Moody's said that a reduction of non-performing loans and of operating spending by Greek banks was a "credit positive" move for banks. In its Moody's Credit Outlook, the credit rating agency said that the four largest Greek banks...

PM Tsipras Visits Thassos as Wild Fires Scorch the Island for Third Day [videos and photos]

At around 11 am on Monday, an Air Force Chinook helicopter brought Prime Minister Alexis Tsipras to the Greek island of Thassos, where firefighters have been battling the flames of a wildfire for the past three days. After surveying the...

Eurostat: Food Prices Continue to Increase in 2016 Despite Low Household Incomes

Food prices keep increasing while household incomes are strikingly low, according to data recently published by Eurostat. The European statistical agency says that food prices in Greece have seen a general increase of 2.3 percent from last year, while the...

French Couple Celebrates First Gay Marriage at Psarou, Mykonos [video]

A wedding ceremony filled to the brim with details from exchanging of rings and throwing of the bouquet took place at Psarou on the Greek island of Mykonos. Some 50 friends and family of the grooms witnessed the ceremony as the couple...

Greece's Talks with Creditors Resume, Privatization Fund and Corruption First on Agenda

Negotiations on the second bailout program review between Greece and creditors resume Monday with the new privatization fund and corruption first on the agenda. The two sides will discuss the progress of the bailout program prerequisites with the Greek side...

IMF and EU's "constant clash and disagreement" Hurting Greece, PM Tsipras Warns

On Sunday Greece's Prime Minister Alexis Tsipras said that there is a growing rift between the International Monetary Fund (IMF) and the European Union (EU) that is damaging Greece's financial recovery. "I would say that what is creating conditions of...

Destination Cyprus: Thousands of Couples Travel from the Middle East to Say "I do"

An estimated 3,000 couples from the Middle East travel to Cyprus each year to get married in a civil ceremony, according to the bbc.com. Michaelakis Mallas, Larnaca's civil marriage officer told bbc.com that the majority of those who travel to Cyprus...

Russia’s Gazprom Expresses Interest in Additional Energy Projects in Greece

While speaking at the Russian-Greek business forum in Thessaloniki Saturday, Russian's Energy Minister Alexander Novak stated that Russia's Gazprom is negotiating projects that may begin in Greece via affiliated companies, including coal mining. Gazprom's presence is already felt in Greece...