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Former Vice President of the Hellenic Parliament Hit with Money Laundering and Tax Evasion Charge

The Public Prosecutor's Office of District Court Judges charged Former President of the Hellenic Parliament and former SYRIZA MP Alexis Mitropoulos with felony charges for money laundering and tax evasion, Greek media report. Mitropoulos, who served as the parliament's vice president from...

5,000 Police Officers Preparing for Riots on December 6

The Hellenic Police are on high alert in view of Decemeber 6, the anniversary of the death of 16-year-old student Alexis Grigoropoulos. In 2008 Grigoropoulos was killed by a police officer. His death sparked protests and riots in Athens...

U.S. State Secretary Kerry: We Want to Help Greece Emerge from Crisis

Secretary of State John Kerry told Greek Prime Minister Alexis Tsipras that the United States wants to help Greece come out of the economic crisis. "I appreciate the way in which you have been approaching the economic reform effort and...

EU Justice Ministers Agree on New PNR Rules

EU Interior and Justice ministers approved on Friday a compromised text agreed upon with the European Parliament on the proposal for a directive on the use of passenger name record (PNR) data for the prevention, detection, investigation and prosecution...

Survey Shows How Often Greeks Move

People in Greece move on average 3-5 times in their lives, while 70% of people in Greece are homeowners, of which 28% live in a flat and 42% in a house. Furthermore, Greek people prefer urban areas over rural...

ECB Lowers ELA Ceiling for Greek Banks by 7.8 Bln Euros‏

European Central Bank on Thursday significantly lowered the borrowing ceiling for Greek banks through the Emergency Liquidity Assistance mechanism (ELA). The ECB approved a recommendation by the Bank of Greece to lower the ELA ceiling by 7.8 billion euros to...

Bank of Greece Predicts Recession will Continue Through First Half of 2016

The Bank of Greece predicts that recession will continue through the first half of 2016, according to information ahead of the publication of the latest interim report on Monetary Policy on Friday. According to a central bank source, the return...

Kerry: U.S. Will Remain Committed to Cyprus and Its People

The U.S. strongly agrees with the leaders in Cyprus that a just and lasting solution for Cyprus will not only have an enormously positive impact on the island, it will lift up the entire region, U.S. Secretary of State...

Greek Economy Minister Probed Again for Failing to Declare Assets

The Parliamentary Committee for Declaration of Assets of political persons is investigating again Economy Minister Giorgos Stathakis for failing to declare income and real estate properties in addition to the 1 million euros he was investigated for in October. The...

Greece Agrees to EU Help on Border Control Amid Threats of Suspension from Schengen

Greece asked for help from the European Union to secure its land and sea borders and care for the refugees arriving by the thousands daily, amid threats from suspension from the Schengen Agreement. Greece has been under pressure from its...