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Greek News

Meteor Falls in Western Greece

Many residents of Western Greece experienced a unique and incredible phenomenon at 9pm yesterday evening. Meteorologists spoke of a meteorite that was to fall in the Ionia sea. The phenomenon was particularly noticed from the residents of Zante in the...

OECD Backs Greek Debt Cut

While hailing progress in implementing reforms - many others remain stuck in limbo - Greece's economy is still in such dire straits that the government should be allowed by its international lenders to write off much of what it...

Greek MPs OK Drug Cost Cuts

Over the objections of the major opposition Coalition of the Radical Left (SYRIZA) party that critics said wanted to protect profits for big pharmaceutical companies who provide it financial support, the Greek Parliament has approved cuts in the prices...

Olga Kefalogianni: Turkey is Not Our Competitor

“We never see Turkey as a competitor, we believe that the country is an important partner,” said the Minister of Tourism, Olga Kefalogianni. “We want to attract tourists from distant regions like China and India, who will also be visiting...

Northern Greece: Schools Closed Due to Cold & No Heating

Local authorities of Naoussa and Florina, decided to postpone the function of all school units in these two municipalities. And here comes the reason: the shortage in heating subsidies along with the cold weather and low temperatures led the Mayors...

OECD Predicts Greece's Debt Will be 157 Percent of GDP by 2020

The Greek Minister of Finance, Yiannis Stournaras was stunned by the findings of the Organisation for Economic Co-operation and Development’s report concerning the course of the Greek economy. Besides the prediction of further recession (0.4 percent) during 2014 --...

Countless Auctions in Greece

Greece is facing forced auctions of real estate whereas banks are burdened by toxic loans that have increased dramatically, mentions Wiener Zeitung. "The toxic loans growing by leaps and bounds" is the title of  anAustrian report in Wiener Zeitung, which...

Australian Labor Union Opposed to Tourist Visa with Rights to Work

The deal between Greece and Australia for the tourist visa which also provides the right to work seems to be undone. The Australian Council of Trade Unions is already asking the government to once again examine the visas which provide...

Cohabitation Agreement for Homosexual Couples

Only few days after Greece was convicted by the Strasbourg Court, for the exclusion of homosexual couples from the cohabitation agreement, the Greek Government promotes a legislation that allows same-sex couples to contract such an agreement. PASOK announced the filing...

Body of Missing Teacher from Rhodes Found In Turkey

The body of the 50-year-old man who went missing last Friday after the storm in Rhodes, has been identified by his brothers. A very painful obituary was written for the 50-year-old teacher Kostas Argiropoulos from Trikala, who was dragged by...

Greek President to Visit South Korea

Earlier this morning it was announced by the Greek Government that the President of the Hellenic Republic, Karolos Papoulias, will visit the Republic of Korea. Park Geun-hye, his South Korean counterpart officially invited him. It’s the first time in Greek...

Greek Journalist Acquitted for Lagarde List Case

The Greek journalist, Kostas Vaxevanis, was unanimously acquitted for publishing the content of the Lagarde list. The court prosecutor that was assigned to the case suggested that Mr. Vaxevanis should be found guilty of publishing the Lagarde List in his...

Gavalas Charged 4-Time Tax Cheat

For a fourth time - after getting off easy on three previous charges - Greek fashion entrepreneur and designer Lakis Gavalas on Nov. 27 was back in court, facing a prosecutor over charges that this time he didn't pay...

A Symposium on Theo Angelopoulos

Today, the Center for Modernism Studies of the University of New South Wales is organizing a symposium for the great Greek auteur Theo Angelopoulos. According to the official announcement, important speakers of the university will analyze the continuities and ruptures...

New Property Tax to be Paid in 6 Tranches

According to a draft bill that will be tabled in Parliament on Thursday, real estate owners in Greece will start paying the new Single Property in six monthly installments starting in July 2014. The payment process will be completed for...