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Greece

Weightlifter Iakovidis Breaks Down at Olympics; Exposes Lack of Support by Greek State

Greek weightlifter Theodoros Iakovidis announced his retirement on Saturday after failing to qualify for the finals at the Tokyo Olympics.

Greek State to Subsidize Ferry Routes to Islands To Keep Connection Alive

Greece's Ministries of Shipping, Finance, and Growth announced recently that the state will subsidize all ferry connections between the country's mainland and its islands, in order to keep the minimum amount of cohesion across the country, despite the coronavirus...

Turkish Hackers Conduct Multiple Cyber-Attacks on Greek State Websites

Several Greek government websites fell prey to cyber-attacks on Friday evening, forcing some of them to shut down entirely for security reasons, after access to them became problematic. Among those attacked by hackers were the websites of the Greek Parliament,...

Greek State Borrows €625 Million at Interest Rate of Zero

Greece's Public Debt Management Agency (ΟΔΔΗΧ) announced on Wednesday that it pumped €625 million into the economy by selling 26-week Treasury Bills at a 0.000 percent interest rate. The total bids reached €1,802 million and the amount finally accepted by...

Muslim Minority Party in Thrace Claim they are Neglected by the Greek State

The leader of the Muslim minority party in Thrace complained that the Greek State does not consult with them on issues that concern them in an interview with Turkey's Anadolu Agency. The Friendship, Equality and Peace Party (KIEF) often claims...

Greek State Budget Surplus Up by €1 Billion Compared to First Quarter of 2018

The Greek state budget recorded a primary surplus of €1.85 billion in the first quarter of 2019, up from a surplus of €840 million in the same period last year, the Bank of Greece said in a report released...

Greek Shipowners Agree to Pay €75 Million Annually to Greek State

The Greek Prime Minister’s office issued a statement on Wednesday in which it announced that the Greek Shipowners Association has reached a new agreement with the Greek government. According to this agreement, the shipowners will have to pay annually at...

Greek State Seeks Interpreters Who Speak "Macedonian"

The Greek government announced on Thursday that it is seeking to hire interpreters who have a command of the "Macedonian" language. It is the first time that Greece has includes the "Macedonian" language among the list of skills and competences...

Orthodox Priests to Remain on Greek State Payroll

The Greek government announced on Tuesday that an agreement has been reached between the state and the Orthodox church which keeps priests on the civil service payroll. Clerics were in an uproar following a provisional plan agreed to in principle...

Teachers Bring Their Protest over Jobs to Greek State TV Studios (video)

A group of teachers was on ERT TV shortly after 9 p.m. Saturday, interrupting the main news broadcast. The newscaster suddenly announced, mid-report, that the broadcast was being interrupted for a commercial break. When the newscaster returned from the break viewers...

Greek State Delays Winery Deal for a Debt of 3 Cents

A Dutch businessman railed against against the Greek State this week, furious at the unnecessary delaying of his business deal for a debt of 3 cents he owed to the tax office, according to a report on Voria.gr news...

Greek State Champion in Overtaxing

The The The nation of Greece is once again a champion in overtaxing  its citizens, ranking 29th among 35 OECD countries, as shown in the 2018 International Tax Competitiveness Index (ITCI). The data was presented by the Center for Liberal Studies (KEFIM),...

Greek State Debt to Private Sector Exceeds €3 Bln

With €306 million added in August, Greek State debt to private companies and individuals reached €3,036 billion, from €2,73 billion at the end of July. From the €3,036 billion, €1,974 billion are debts of government organizations and agencies to businesses doing...

Eldorado Gold Files for €750 Million Damages from Greek State

Eldorado Gold Corporation confirmed that its Greek subsidiary, Hellas Gold, has filed for compensation of approximately €750 million for damages from the Greek state. The move, according to the company, arises from delays in the issuance of permits for the...

Greek State Debt Rises to €345.3 Billion in June

Greece's central government debt reached €345.3 billion at the end of June, up from €343.7 billion three months earlier, according to data published by the General Accounting Office on Friday. The state's cash reserves stood at €13.08 billion, up from...