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Greek News

Government Submits Electoral Law for Public Consultation

The government's draft bill with proposed changes to the electoral law was posted for public consultation in Greek Parliament on Friday. The new bill makes a number of changes, such as the elimination of a 50-seat bonus for the winning party...

Marinopoulos Granted Temporary Protection From Creditors

Greek supermarket chain Marinopoulos won temporary protection after applying for bankruptcy. The court decided to protect the privately-owned group from creditor foreclosures until September 21 when its petition for a resolution process is judged. Marinopoulos' management views the decision as...

Greek-Albanian Fistfight Over 'Land Grab' at Himara Village [video]

A new round of friction in relations between Greece and Albania after tension flared at Himara, a village south of Albania, with violence connected to plans to renovate the center of the city that will affect properties in the region....

German Former Minister Yells Racist Attack at Greek Photoreporter

German former minister Peter Ramsauer of the Christian Social Union in Bavaria attacked a photoreporter during a meeting between Prime Minister Alexis Tsipras and German Vice Chancellor Sigmar Gabriel. Leftist Avgi newspaper reports that the Greek photographer was among...

Greek Unemployment Is More than Double the EU Average

The euro area seasonally-adjusted unemployment rate was 10.1 percent in May 2016, noting a 10.2 percent drop from April 2016 and from May 2015. While this may have been the lowest rate recorded in the euro area, the case was...

Cyprus Could Attract Investment Fund Managers Following Brexit

Cyprus could attract investment fund managers following the UK decision to leave the EU, Cyprus' Investment Funds Association President, Angelos Gregoriades has told CΝΑ. The decision for Brexit sparked uncertainty in the fund managers sector in London with managers exploring the...

New Google Maps Street View Lets Travelers Take a Virtual Tour of Athens International Airport

A virtual tour of the Athens International Airport is now available at Google Street View as well as indoor maps of the airport areas. Through Google indoor map, travelers can view and experience the interior of the airport terminals, locate...

Five Britons Arrested on Greek Island of Zakynthos for Using Counterfeit Euros

Five Britons, four of them 20 and one 21-year-old, were arrested on Wednesday in the village of Laganas on Zakynthos alleged to have used counterfeit 20-euro banknotes to buy goods from a shop in Laganas. Police located and arrested the...

'Diamonds of the Greek Economy 2016' Event Completed Successfully

Α powerful message of optimism was sent by Greece's business world during the "Diamonds of the Greek Economy 2016" event, organized by Active Business Publishing at Grande Bretagne Hotel in Athens. Over 450 representatives of the strongest and healthiest growing companies...

Greek Asylum Service Busy with Thousands of Applications

The Greek Asylum Service received 4,288 asylum applications in May alone, most of them from migrants landing illegally on the Aegean islands. According to the service, a total of 2,858 asylum claims were filed by migrants who arrived on the...

Exhibit at National Geographic Museum Celebrates 5,000 Years of Greek Culture [video]

The National Geographic Museum in Washington, DC has an amazing exhibit called The Greeks: Agamemnon to Alexander the Great. The exhibit is packed with artifacts ranging from some seven millennia ago and is composed of 560 items from collections on loan from...

Supreme Court Prosecutor Koutzamani: Independence, Prestige of Justice System Under Attack

On Thursday Surpeme Court prosecutor, Efterpi Koutzamani underscored that there are opposing factors to the best interest of the country's justice system. According to ekathimerini.com, the outspoken prosecutor relayed her concerns last Thursday in a written statement on her last day of...

Surprise from Lagarde: Let the Olympic Games Come Home to Athens, Permanently

While at the Aspen Ideas Festival in Aspen, Colorado, Christine Lagarde, Managing Director of the International Monetary Fund (IMF) shocked many with her response to an idea put forth by Kitty Boone, Vice President and Executive Director, Public Programs...

Greek PM Tsipras Leaves for China to Attract Investments

Greece's Prime Minister Alexis Tsipras is departing today (Friday) for a five-day official visit to Beijing and Shanghai in an effort to attract Chinese investments. During his visit to China, Tsipras will meet with Chinese premier Li Keqiang and other...

Greek Parliament Ratifies Piraeus Port Majority Stake Sale to Chinese COSCO

Greek parliament on Thursday ratified the sale of the majority stake of Piraeus Port to China's COSCO, a day prior to the departure of Prime Minister Alexis Tsipras for Beijing for an official visit. The vote in parliament came one...