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Greece

Greece's Benaki Museum to Hold Online Art Auction November 30

Greece's historic museum, the Benaki, will host an online benefit auction of works of art beginning on November 30 and lasting until December 7, according to a Thursday press release. The auction will be held as a way to support...

Five Ancient Greek Coins Saved From Auction, Repatriated From Germany

Five rare silver coins dating to the 5th and 4th centuries BC were returned to Greece before they could be auctioned off in Munich and Zurich, according to an announcement made by the Culture Ministry on Monday. Three of the...

Rare Medal from First Modern Olympic Games in 1896 Sold at Auction

A medal awarded during the very first modern Olympic Games, held in Athens in 1896, was recently sold at auction for $65,625 (€55,375). The bronze medal was awarded to Georgios Tsitas, the runner up in the Greco-Roman wrestling event at...

Greek Antiquities Expert Foils Auction of Priceless Artifacts from 480 BC

Greek professor Dr. Christos Tsirogiannis, who has been previously profiled in Greek Reporter for his relentless pursuit of art thieves, has once again stopped what would have been another theft of a priceless piece of Greek history. A Greek wine...

Piraeus Bank Announces New Auction for Greek Real Estate Properties

Greek banks have intensified their efforts to sell properties owned by them through auctions after the summer lull, which was largely caused by the general elections in July. Piraeus Bank, Greece's largest lender, announced last week that it will hold...

Cyprus Seeks Answers as Ancient Vase Offered as State Gift to UK Ends Up in Auction

A very peculiar incident was recently revealed by historian Maria Paphiti, involving a precious ancient vase from Cyprus that was once offered to the UK as a state gift. It all started last May when the well-known Christie's auction house...

Greece Raises 2.5 Billion Euros From Bond Auction

File photo Greece launched a 5-year bond auction on Tuesday, with the financial products having a yield of 3.6 percent. The sale successfully raised a total of 2.5 billion euros ($2.87 billion) for the Greek treasury. It was the first time...

Ioannis Kapodistrias' Cigarette Case Auctioned for €73,000

A cigarette case which belonged to Ioannis Kapodistrias, the first governor of Greece, was sold at an auction on Tuesday for €73,392. The auction, conducted by Vergos House, was divided into two areas, Modern Greek Painting and Philhellenic and Historical...

T-Bill Auction Drums Up €812M for Greece

  Greece made €812.5 million ($1 billion) in an auction of treasury bills on Wednesday, according to the Public Debt Management Agency (PDMA). The PDMA in a statement said during the auction of €625 million of 13W T-Bills conducted on Wednesday,...

Fresh Clashes Break Out at Greek Property Auctions (video)

Trouble has broken out in downtown Athens in another clash between riot police and campaigners against auctions of foreclosed properties. According to reports, some demonstrators in the Exarchia district pelted police with eggs and trash before attempting to gain entry...

Greece to Launch 12-Month Treasury Bill Auction

Greece will auction a 12-month Treasury bill issue next Wednesday, the first such auction to be held since April 2010. The move is designed to gradually replace three-month T-bills in order to improve the yield curve in the Greek state...

Greek Police Clash with Protesters Over Home Auctions (video)

At least one person was injured on Wednesday as Greek riot police used tear gas to disperse a crowd of protesters against home auctions, in central Athens. Protesters, including a former SYRIZA minister and at least two former MP’s of...

Protesters Clash with Police Outside Notary Offices Carrying Out Auctions (video)

Tension and clashes between police and protesters opposing auctions of foreclosed homes took place outside notary offices in central Athens on Wednesday afternoon. Members of the Greek Communist Party union PAME met at a notary office in Piraeus where a...

Over 2,000 Greek e-Auctions Planned Before October

A total of 2,018 property auctions have been scheduled for the period up to Oct. 10 of which around 200 are expected to be carried out on Wednesday, according the Notary Association of Athens, Piraeus, Aegean and Dodecanese. The Athens...

Greek Tax Offices Get Online-Auction Instructions

Greek tax offices have been given instructions for online real-estate auctions which will take place from May 1. A circular which summarizes changes voted upon in parliament last month also issues provisions on how the controversial auctions should be conducted. They...