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Greece

Greece Will not Be Claiming the Parthenon Marbles via Courts

Greek Alternate Culture Minister Nikos Xydakis announced that the Greek government is not planning on requesting the return of the Parthenon Marbles from the British Museum through a court procedure. “The route to requesting the return of the Parthenon Marbles...

4 Injured During Student Election in Thessaloniki, Greece

Student elections took place today, May 13, in all public universities and technical institutions across Greece. Thousands of students have voted, however, the small turnout shows once again that the student elections have decayed, since the parties are not able...

Greek Alt. Social Security Minister: SYRIZA Will not Come to an Agreement Cancelling the Program

"I believe that SYRIZA will not come to an agreement that will cancel basic aspects of the program," Greek Alternate Minister for Social Security Dimitris Stratoulis said in statements to Greek radio on Wednesday. "Manoeuvres are always done, certain retreats are always made, this...

7-Billion-Euro Deposits Outflow from Greek Banks

Deposits outflow from Greek banks continued in April, reaching a total of 7 billion euros, according to Bloomberg. However, the European Central Bank (ECB) increased its emergency liquidity assistance (ELA) in order to support the Greek banks. “The ECB’s Governing Council opted...

Greek Gov't Vice President Discusses Liquidity with Heads of Banks

The liquidity of the banking sector, the contribution of banks in the fight against tax evasion, the improvement of public revenues collection and the more efficient use of development actions dominated a meeting between Government Vice-President Yiannis Dragasakis and...

Greece’s Creditors Request 3-Billion-Euro Budget Cuts

There have been major developments in the negotiations between Greece and its creditors so that the two parties can reach an agreement as soon as possible, reported Bloomberg. According to the international agency, which cites information from a European official,...

About 200 Migrants Found off Chania Transferred to Land

A ship with about 200 irregular migrants on board which was located earlier on Tuesday off the coast of Chania in Crete, Greece, was led by the Coast Guard to the port of Palaiohora. According to a local mayor, among...

Famous Greek Actress Lily Papagianni Passes Away

Lily Papagianni was one of the most stylish actresses in Greece. Whether she was playing the role of a friend, a widow, or a lover she always looked incredibly elegant and aristocratic. The famous Greek actress passed away on...

First Rift in Coalition Over Building of Mosque in Athens

Junior coalition partner Independent Greeks (ANEL) voted against two amendments on the building of a mosque in Athens and tax relief on The Athens Concert Hall. The ANEL lawmakers voted against two amendments at the Greek Parliament on Tuesday night,...

Greece Returns to Recession in the First Quarter of 2015

The Greek economy entered a new period of recession as the first quarter of 2015 gross domestic product dropped by 0.2 percent compared to the fourth quarter of 2014. According to figures by the Hellenic Statistical Authority (ELSTAT) released on...