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Greek News

Schäeuble Meets Greek Businessmen, Bankers

The first appearance in Greece of German Finance Minister Wolfgang Schaeuble since the country's crushing economic crisis began three years brought out all the luminaries in the business and banking world, who flocked to the Hilton to hear him...

Greek Cypriots Unveil Plans for First Casino Resort

Cyprus ministers approved plans on Thursday for a first casino resort in the government-held south of the Mediterranean island as they scramble to woo investment to offset a deep recession. There have long been multiple casinos in the breakaway Turkish...

Greek Business Closings Bleeding Jobs

While Greeks protested the coming loss of as many as 40,000 public sector jobs as the government readies to start firings, austerity measures imposed on the orders of international lenders are continuing to take a bigger toll in the...

Schaeuble Offers German Investment in Greece

Speaking at the German-Hellenic Chamber on July 18 in Athens - with the center of the city shut down to most traffic and protests banned during his day-long visit - German Finance Minister Wolfgang Schaeuble said his country was...

Kalamata International Dance Festival Opens Its Doors

The art of dance is being honored this year in the Kalamata International Dance Festival, which continues its action for the 19th year in a row, despite the adversities and necessary cuts due to the economic crisis. Remaining faithful to...

Navarino Challenge Marathon in the Peloponnese

An initiative is starting in Messinia and Arcadia, the first marathon Navarino Challenge. The Ambassador of the Navarino Challenge, and supporter of the idea of fair play, will be the world’s leading Greek- American Supreme Marathon runner, Dean Karnazes. The...

US Treasury Secretary Lew to Visit Greece

US Treasury Secretary, Jack Lew, will visit Greece on July 21 to discuss matters concerning the implementation of structural reforms in this Eurozone country, as well as the politics of the European Union to support the economic development, as...

Welcome Party for 8,200 Tourists at Katakolo Port

Four cruise ships carrying around 8,200 tourists docked on July 17 at  the port of Katakolo, which is a popular stop for cruise ships, offering an opportunity for passengers to visit the site of Ancient Olympia. Katakolo is a...

One in Three Tourism Employees is Uninsured

Undeclared labor during the summer season has become Greece’s new scourge, as after numerous controls it was found that one in three workers in tourist enterprises is uninsured. As it was officially announced by ΙΚΑ (Social Insurance Institute, the largest...

Racist Assault Against Elderly Woman

An elderly woman from the former Soviet Union, was sitting on a little chair on the pavement outside the Theageneio Anti-Cancer Hospital in Thessaloniki, where her husband is hospitalized with cancer. She was selling bread rolls to make ends...

More Brits Sexually Attacked on Holidays

According to the newspaper, The Independent, the number of British people raped or sexually assaulted abroad increased last year, official figures show. Greece, Spain and Turkey, which constitute popular destinations for young Britons, saw the most requests for consular assistance...

More Greeks Migrate to Austria in 2012

A total of 1,201 Greeks arrived and settled in Austria in 2012, while the same period 565 Greek citizens left the country, according to new data released by the National Statistical Office in Austria. A recent report of the Office,...

Greece Tops Another Site Best Destination List

Directline Holidays, an independent and privately owned UK travel agent, suggests that Greece’s success as a top holiday destination, is the result of the always good weather, high accommodation standards and affordable prices due to the economic instability in...

Greek Lawmakers OK Job Cuts

With a slim majority of 153 votes in the 300-member Parliament, the coalition government of Prime Minister and New Democracy Conservative leader Antonis Samaras and PASOK Socialist leader Evangelos Venizelos, shortly after midnight on July 18 got approval to...

Venizelos Heads For Turkey Next

Deputy Prime Minister and Foreign Minister Evangelos Venizelos, the PASOK Socialist leader, is going to Turkey on July 19 for a one-day rapid-fire visit to meet his counterpart Ahmet Davutoglu. They will talk about relations between the countries and...