Greek News
Business
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...
Cyprus
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...
Economy
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...
Economy
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...
Culture
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...
events
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...
Economy
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...
Greece
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...
Greece
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...
Greece
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...
Crime
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...
Europe
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,...
Europe
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...
Economy
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...
Greece
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...