Greek News
Economy
New Greek Government Measures Exceed the Taxes of Previous Bailouts
The Greek government's proposal, in order to make a deal with the country’s creditors, was accompanied by taxes amounting to 7.9 billion euros, while the taxes on the two previous bailout programs amounted to 7.7 billion euros in total.
The...
Economy
European Central Bank Holds the Trigger in Greece Deadlock
The European Central Bank is the institution that can be forced to pull the trigger on Greece if negotiations with creditors do not lead to an agreement, says a Financial Times report.
Greek banks rely entirely on the ECB to...
Economy
Greek Crisis Featured on Economist's Front Page Seven Times
Even though a small country like Greece is rarely featured on the front page of prestigious British magazine The Economist, after the crisis broke more than six years ago, Greece has had the… honor of being on the magazine's cover not...
Economy
Creditors Differ on Greece's Bailout Agreement
Greece's creditors differ on certain items on the list of proposed measures Athens has presented while they are worried about final parliamentary approval.
The troika of Greece's creditors -- the European Commission, the European Central Bank and the International Monetary...
Greek News
Clinton Global Initiative Cancels Greece Conference in Alleged Fear of Political Cost
A Clinton Foundation conference and reception that was to take place in Athens, Greece has been cancelled due to alleged fears of political cost to Hillary Clinton's presidential candidacy.
According to a Politico feature, the lavish Clinton Global Ιnitiative event...
Greece
2% Drop in Charter Flights to Greek Airports
The number of charter flights to six regional airports in Greece has dropped by 2%, according to Greek Travel Pages (GTP) quoting a report released by the Hellenic Civil Aviation Authority (HCAA).
The local airports of Rhodes, Chania, Heraklion, Thessaloniki, Corfu and Kos...
Archaeology
Greece's Top 10 Archaeological Sites
Explore TripAdvisor's list of top ten historic sites and landmarks worth visiting in Greece, based on travelers' votes. Get your ticket, fasten your seatbelt and follow us on a quick but refreshing trip to Greece.
Acropolis
Acropolis is one of the most famous and...
Economy
Tsipras to Meet with EC, IMF and ECB Heads on Wednesday – The Full Greek Proposal
Greek Prime Minister Alexis Tsipras will fly to Brussels on Wednesday to meet with European Central Bank (ECB) President Mario Draghi, International Monetary Fund (IMF) Managing Director Christine Lagarde, European Commission President Jean-Claude Juncker and two top European Union officials to discuss...
Business
The Hellenic Entrepreneurship Award Announces 2015 Winners
The Hellenic Entrepreneurship Award (HEA) has announced three winners of the 2015 award who, in addition to sharing prize funding of up to €1,000,000, will be provided with an expert mentor and a range of business support services.
Greece
New Shelter for Unaccompanied Migrant Children Opens in Athens
Presenting a new shelter set up in Athens to house unaccompanied children that enter Greece as migrants, Greek Alternate Minister for Migration Policy Tasia Christodoulopoulou praised on Tuesday the initiative by the Ioannis. S. Latsis Foundation and the non-governmental organization...
Cyprus
President of the Hellenic Republic: Greece Is Always Strong Enough to Support Cyprus
President of the Hellenic Republic Prokopis Pavlopoulos has reiterated Athens' support for a solution of the Cyprus problem, noting that despite the difficulties the country is faced with, it is always strong enough to support Cyprus.
Pavlopoulos, who received Cypriot...
Greece
Greek Foreign Minister Raises Issue of Migrant Care Facilities at EU Council
Greek Foreign Minister Nikos Kotzias said on Tuesday there is an imperative need to address health concerns and the care of migrants arriving in Greece, during a meeting of the EU General Affairs Council in Luxembourg that discussed migration; the...
Economy
Banknote Circulation Falls to June 2012 Levels, Bank of Greece Reports
Banknote circulation has fallen to June 2012 levels following a massive cash withdrawal from bank deposits, a Bank of Greece (BoG) report said on Tuesday.
The report noted that the biggest part of deposit outflow was in cash, while the Greek central...
Environment
Earth Friendly Products Win EPA’s Safer Choice Partner of the Year Award
Earth Friendly Products (EFP) won the Safer Choice Partner of the Year Award from the U.S. Environmental Protection Agency for its contributions to more sustainable cleaning products that protect families, workplaces, communities and the environment.
U.S. Environmental Protection Agency Assistant Administrator Jim...
Economy
The New Greek Debt Deal Is Like the Old Deal After 4 Months of Talks
The dreaded "memorandum," the dirtiest 10-letter word in Greece's recent vocabulary, is back on the lips of Greek people. A simple business term that became the word that shall not be spoken is now back, with a vengeance.
The unspoken...