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Greece

Gov't Vice President Dragasakis Sees Possible Recovery as of Second Half of 2016

"The risk of a Grexit still exists," Government Vice President Yiannis Dragasakis said on Sunday in an interview with Realnews, adding that it will decrease after the voting of the agreement and its completion that will render the public debt...

Greek Alternate Citizen Protection Minister: We have a Change of Government, not Regime

The destabilization of the currency disrupts the proper functioning of a country's regime, Greek Alternate Citizen Protection Minister Yiannis Panousis said in an interview with Sunday's Vima newspaper. According to Panousis, "the destabilization of the currency, the currency-exchange security detachment...

Unexpected Tragedy Leaves One Russian Tourist Dead in Rhodes

The Greek island of Rhodes writhes with grief and rage after a 37-year-old woman from Russia suffered a painful death in Afandou Beach. Greek Coast Guard initiated an investigation in Traganou area on Saturday after finding personal belongings that the Russian tourist left behind her...

Greece Not An Investment Destination Anymore

Greece is considered to be extremely risky by most greenfield investors due to the current economic and political turmoil tantalizing the country, according to the Financial Times. "Greenfield investment into Greece has all but ground to a halt as the country teeters on the brink of...

The Small Cyclades, Precious Little Gems Scattered Across a Glittering Aegean

Follow us on a quick trip to the "Small Cyclades" and enjoy enticing spots by the sea, crystal-clear waters, gorgeous sand beaches, picturesque whitewashed houses and the most beautiful sunsets you will ever experience! Donoussa According to Greek mythology, Donoussa is the island to which Dionysos decided to...

Report: Greece Planned German Corruption Probes in 'Grexit' Scenario

The Greek government produced a contingency plan that would "raise the cost of rupture" for Greece 's creditors - the European Commission, European Central Bank (ECB) and the International Monteryary Fund - if the country was forced out of...

Washington Post Explains the Greek Crisis Through Greek Olive Oil Exports

The Washington Post masterfully used the example of the "liquid god," which is no other than the Greek olive oil, in an attempt to explain - in simple terms - the Greek financial crisis to its readers. The article revealed what really happens...

French Tourist Arrested in Rhodes for Breaking No Photography Rule

A French tourist was arrested on Saturday while on holidays on the Greek island of Rhodes for allegedly taking photos of one of the island's military installations. The 49-year-old woman, who is said to have arrived on Rhodes on Wednesday with her...

1st International Andros Festival; New Cultural Event Not to Be Missed

The new theater on the Greek island of Andros inaugurates its first season of operation on Saturday, August 1, hosting the first International Festival on the island. The ultramodern theater in the heart of Andros town (Chora), created by Kiriaki Kondilatou and...

August 10 May Not Be the Day for A Greek Agreement

"The timetable for the negotiation process over the third rescue package for Greece is difficult to be met," German news magazine Focus said, citing a German officials' assessment. Consequently, as it is noted, the German Parliament meeting that had already been planned...