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Greek News

River in Epirus has Frozen

The temperature in the mountainous region of Epirus, Greece, fell to -7 degrees Celsius during the night. The river Voidomatis that flows through the traditional villages of Zagori that are famous for its arch bridges froze. Although the snow has not yet made...

Cosco Reportedly the Sole Bidder For Piraeus Port Authority Stake

The race for a controlling a stake in the Piraeus Port Authority (OLP) may not be that much of race after all. Cosco Pacific is the only country to have made an offer for 51% of OLP on Monday, Kathimerini newspaper reported. The company already...

Czech Republic President is Disappointed Greece is Still in the Eurozone

The Greek government has called the Greek ambassador to the Czech Republic back to Greece for deliberations, following remarks by the country's president on Greece's presence in the Eurozone, Greek media report. The dispute began when Czech Republic President Milos Zeman...

ESM Greenlights 1 Billion Euro Bailout Installment to Greece

The European Stability Mechanism approved the disbursement of the one billion euro bailout tranche to Greece on Tuesday afternoon. https://twitter.com/ESM_Press/status/679327015485468672 The collection of the money by the Greek government will mark the conclusion of the first round of funding. A review of the...

European Commission Foresees Plausible Resolution to Cyprus Problem in 2016

The European Commission and its President Jean-Claude Juncker personally are confident that 2016 will be the year to bring along a resolution of the Cyprus issue, according to EC spokesperson Mina Andreeva. The EC Spokesperson, answering a CNA question during...

Former Greek Finance Minister to Be Investigated Over Missing Tax Reports

Former Greek Finance Minister Gikas Hardouvelis will be investigated by a prosecutor for a failing to submit an asset declaration to the Greek parliament's committee for the 2011-2012 financial year. Chardouvelis, who served as finance minister between June 2014 and January 2015...

Syrian Refugee Swims for 7 Hours to Reach Greece

Syrian refugee Ameer Mehtr braved to make the perilous journey from Turkey to the Greek island of Samos swimming, according to an Independent report. Mehtr did not have the funds to pay smugglers to transport him to Greece after his...

New Democracy Presidency Candidates Battle it Out Ahead of January Ballot

The two candidates for the New Democracy presidency will battle it out on the January 10 ballot and figures show that the race will be close. Vangelis Meimarakis has about 41 percent of the total vote in Sunday's election, while...

Report: Over 800,000 Refugees Arrive in Greece by Sea in 2015

The International Organization for Migration says the number of migrants and refugees entering Europe in 2015 has gone over the one million mark, the largest influx of its kind since the end of World War II. The Geneva-based organization issued...

Greek Parliament Unanimously Asks for Recognition of State of Palestine

The Greek parliament unanimously asked from the Greek government the recognition of the State of Palestine at a special session held on Tuesday in the presence of Palestinian president Mahmoud Abbas. Abbas was welcomed as head of state by parliament...

New Excise Tax on Greek Wine as of January 1st

Greeks will have to pay a new excise tax on wine as of January 1st, 2016, according to a decision published in the Government Gazette. Specifically, the Special Consumption Tax on wine will be 20 cents per liter, or 15...

National Bank of Greece Sells Finansbank to Qatar National Bank SAQ

National Bank of Greece on Tuesday sold its 99.81 percent stake of Turkey's Finasbank AS to Qatar National Bank SAQ , the Gulf Arab region’s largest bank, for 2.75 billion euros. According to Qatar National Bank, the transaction will be...

Two Οriginal Recipes for the Best Kourabiedes and Melomakarona

Christmas is almost here, and as with most religious holidays celebrated in Greece, food is a central aspect of the festive days. There are two traditional deserts that are prevalent in Greek homes during these days: the almond based kourabiedes and the...

Archaeologists Uncovered Evidence of a Coup in Ancient Greece

Russian archaeologists made a significant discovery while working in the ancient Greek city of Phanagoria, a city that used to be the capital of the Kingdom of Bosporous. The team found evidence of a violent coup that took place...

15 Nobel Prize Winners Urge Europe and the USA to Help Greece

Fifteen Nobel laureates have co-signed a petition urging European authorities as well as the United States to help Greece recover from the financial crisis and return to growth, in an activity initiated by Dr. Harald zur Hausen, who won...