Greek News

The easing of capital controls is so that people who keep their money at home would deposit them to banks, said Bank of Greece governor Yiannis Stournaras. The BoG chief spoke to German financial newspaper Handelsblatt saying that the withdrawal...

A mission of 25 top officials from the Ministry of Finance, the General Secretariat Against Corruption and the Special Secretariat for Financial and Economic Crime Unit (SDOE) are leaving for Germany on July 10 for special training and exchange of...

The Greek government is to proceed with confiscations of bank accounts and real estate for about 55% of debtors to the state aiming to raise 5 billion euros. The ministries of finance and labor and their respective collecting agencies turn...

Greece is undoubtedly one of the greatest places on Earth to witness the amazing galactic phenomenon, the Milky Way. Located in the Northern Hemisphere, the Milky Way appears in the southern half night of the night sky like a strip of...

The Melitzazz festival of Tsakonia, the capital of Leonidio, in Arcadia at the Peloponnese, is a colorful, multicultural gathering of cultures in honor of jazz. Musicians and chefs join forces in a celebration of music, dance, culture and tastes...

The Skinaka Observatory of Crete will carry out a unique astrophysics experiment -- named Pasiphae -- to reveal traces of the Big Bang, the "primeval light" created at the earliest points of creation. The observatory was selected for the...

The wreck of the submarine, Katsonis (Y1), that had been torpedoed by a German warship during World War II north of the Sporadic island of Skiathos was found after 73 years. The historic wreck was found by the Nautilus...

Capital controls could be gradually relaxed from late 2016 if the political landscape remains stable and Greece continues to implement the reforms envisaged in its economic adjustment program, Fitch Ratings said in a press release on Wednesday. The agency added...

A political storm was fueled a year after the Greek referendum with the release of American economist James Galbraith's book about Plan B for Greece drafted by former finance minister Yanis Varoufakis. The book, titled "Welcome to the Poison...

The "Delos" Higher School of Drama and the Municipality of Thassos are organizing the 1st Theater Anti-Scene from July 8-12 at the island's municipal camping site at Chryssi Ammoudia, one of the most exquisite sandy beaches, just a few...

French studio ateliers Jean Nouvel's The White Walls, in Nicosia, Cyprus -- created to function as office buildings, shops and apartments for Nice Day Developments -- was selected as the best among 132 buildings due to its special characteristics that...

Hundreds of Turkish tourists remained trapped for hours at passport control on Chios island after a breakdown of the computer system. It was after the intervention of deputy regional governor Stamatis Karmantzis and Citizen Protection Alternate Minister Nikos Toskas that...

The Republic of Cyprus will sign on Wednesday the European Cooperating State (ECS) Agreement with the European Space Agency (ESA), which will allow Cyprus to participate actively in the activities and programs of ESA. The agreement paves the way for...

Representatives of energy companies that are active in the exclusive economic zone of Cyprus met on Tuesday morning with the country's President, Nicos Anastasiades, and expressed their commitment in their offshore investments. In particular, President of Cyprus Nicos Anastasiades met...

Members of the Hellenic Financial Stability Fund have tendered their resignation to be made effective on July 18, 2016. The decision was made so as to ease the future choices concerning the role that the HFSF will play in...