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Greek News

Construction Approved for Ultra-Luxury Resort's Marina on Crete

Another major tourism project in Greece will be getting under way in about one year’s time, as the construction of the ultra-luxurious 600-million-euro Elounda Hills project in eastern Crete has taken another step toward becoming a reality. The approval for...

Hollywood Actor James Franco Spotted on Mykonos (video)

James Franco, the American actor and filmmaker, was spotted on the Greek island of Mykonos last Wednesday, enjoying the last days of summer on the Greek island. This is the second consecutive year that Franco has visited the cosmopolitan Aegean island with...

Cyprus Repays Remainder of Russian Loan Two Years Early

Cyprus’ finance minister said on Monday that the country has repaid ahead of schedule the remaining 1.58 billion euros ($1.73 billion) of a 2.5 billion euro ($2.74 billion) loan it received from Russia in 2011 amid a brewing financial...

Greek Economy Grew by 1.9% During Second Quarter of 2019

The Greek economy grew by 1.9 percent during the second quarter of 2019, compared to the corresponding period in 2018, the Greek Statistical Authority (ELSTAT) announced on Wednesday. The statistics service also announced that Greek GDP rose 0.8 percent in...

Next ECB President Lagarde In Favor of Reducing Greece's Primary Surplus Targets

Christine Lagarde, the current Chairman of the International Monetary Fund (IMF) and the next President of the European Central Bank (ECB) suggested on Wednesday that Greece's commitment to a primary surplus target of 3.5 percent of GDP should be...

Greece Grants Eldorado Permits for Gold Mine Projects

The Canadian mining firm Eldorado Gold Corp confirmed on Tuesday that it has received installation permits for both its stalled Skouries mine project and the Olympias mine from Greece’s Ministry of Energy and Environment. The permit will allow for the installation of...

Clashes Break Out at Moria Migrant Camp on Lesvos

Clashes between migrants and police broke out on Wednesday at the notoriously overcrowded migrant camp called Moria on Greece's Lesvos Island. According to local media, the clashes began when a brawl erupted between different migrant groups after a protest was...

Turkish Fake News Presents Defense Minister Akar Flying Over Greece's Aegean Sea (video)

The Greek Defense Ministry refuted a Turkish report and video showing the neighboring country's Defense Minister Hulusi Akar allegedly flying over the Aegean Sea in a training jet. On Tuesday, the Turkish newspaper Hurriyet reported that Akar had flown over the...

Iconic Mykonos Lighthouse Abandoned to its Fate (video)

The Armenistis lighthouse, one of the most visited places on the Greek island of Mykonos, has been abandoned to its fate, as seen in an exclusive video by Mykonoslive.tv. The heartbreaking footage shows the building in a decrepit state, with...

Scientists Claim to Discover Traces of Byzantine Coins on the Shroud of Turin

According to a recent study published in the Journal of Cultural Heritage, scientists claim that they have found traces of Byzantine coins on the famous Shroud of Turin, believed to be the linen cloth in which the dead body...

European Commission Calls on EU Citizens to Prepare for No-Deal Brexit

The European Commission issued a statement on Wednesday in which it calls on all 513 million EU citizens to prepare for the upcoming UK exit from the EU and its implications in their everyday lives. The statement, titled ''Final Commission...

Greece Loses Brazil Thriller in FIBA World Cup

Greece lost a thriller of a game to Brazil 79-78 on Tuesday in its second tie of the FIBA World Cup held in China. Greece had a strong start in this game as the led by as many as 17...

US Ambassador Says Opportunities for Investment in Greece Have Never Been Better

US Ambassador to Greece Geoffrey Pyatt stressed the US government's intention to do everything in its power to support economic growth in Greece during a press conference on Tuesday. In remarks made just ahead of the opening of the Thessaloniki...

Ten Foods Not To Miss While In Greece

by Katrina Hatchett When traveling, one of the things you are bound to look forward to the most is the food. There are so many different tastes and smells and spices around the world; life is certainly too short to...

After 45 Years, Anniversary of Founding of PASOK More a Memorial than a Celebration

Ever since the 1980s, September 3rd has been celebrated by many Greeks as the day the Panhellenic Socialist Movement (PASOK) was established by the charismatic Andreas Papandreou, one of the emblematic political figures of post-war Greece. Shortly after the fall...