Greek News

While praising Greece publicly for making progress on reforms, Eurozone finance chiefs privately told Finance Minister Yannis Stournaras they are disappointed at the lack of progress and pressured him to come to terms with international lenders by March 14. During...

“Afternoons in Ithaka” is the title of Spiri Tsintziras’ new book which was published by ABC Books. The book is about the journey in the life of a 40 year-old woman born in Melbourne. The protagonist attempts this journey in...

In state elections to be held on Saturday, March 15, Labour's expatriate Greek Minister of South Australia, Tom Koutsantonis, is expected to be re-elected for the seat of West Torrents. However, according to the latest polls, the Labour Party itself is...

More than 20,000 immigrants that were living in Greece have returned to their countries, said the Head of the International Organization for Migration (IOM) Office in Greece, Daniel Esdras. According to Mr. Esdras, 2013 was the first year when the...

Greece’s war reparation claims have once again been rejected by the German government. Berlin underlined that Germany’s view on the matter has remained unchanged. Government spokesman Steffen Seibert stated that Germany’s opinion on Greece’s claims is the same. He added...

Earth Friendly Products is a pioneer in the global green business movement and this was obvious at Natural Expo West when other companies were trying to follow EFP's example in sustainability, and support for the local economy. One of the...

Eurozone finance ministers on March 10 pushed for Greece to finally settle differences over unresolved reforms with its international lenders and said the country had made significant progress even though 153 reforms remain undone. The finance chiefs criticized the lack...

The Greek Environment Ministry announced today that DEPA would be launching a study to check if it is feasible to build a pipeline that will transport natural gas from deposits in the Eastern Mediterranean (Cyprus and Israel) through Crete...

A 59-year-old man and a 58-year-old woman have been temporarily imprisoned after entering their plea to the magistrate of Katerini, Greece. The Roma couple was accused and arrested for falsely presenting an infant as their own. After a DNA...

According to the 212/2014 decision by the Multi-Member Court of Athens, Greek furniture company Neoset has been declared bankrupt, following the request of factory employees in Halkida, who went to court on November 20, 2013. The same company, in November 2012, had...

With Prime Minister Antonis Samaras touting what he says is a looming economic recovery this year, Greece's international lenders say he should forget about returning to the markets the country has been locked out of for four years because...

Greek dairy company, Kri Kri is moving ahead with a 20 million euro investment in a new yogurt production unit, located in Serres, Northern Greece. This decision was taken after the company’s previous production unit was destroyed by fire...

  There are 2,653,032 Greek taxpayers who are drowning in tax debts as they cannot afford to pay the increase in taxes. As a result, the amount of the overdue debt obligations from January 1, 2013 to January 31, 2014...

Central Bank Governor Panicos Demetriades resigned on Monday after two turbulent years in office, which also saw the launch of an investigation into his dealings with a consultancy firm. An official statement said Demetriades’ resignation has been accepted by President...

Last week the Greek Finance Ministry’s General Secretariat of Information Systems launched a seminar entitled “The sea elephant and scrappy information,” geared toward all people employed in Greek tax offices who are being educated on how to deal with...