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Greek News

IMF Admits Mistakes Over Greece's Bailout Program

The International Monetary Fund acknowledged that it made mistakes and omissions in the Greek bailout program approved in May 2010, as it did not include debt restructuring. The IMF Board of Directors approved the evaluation report on the programs during...

Greek Goverment Accuses Opposition of not Supporting Goverment Efforts

The Greek Government accused the opposition parties of refusing to support the government's efforts in the insurance reforms after the European Commission Vice President  Valdis Dobrovskis' recent statements. The Vice President of the Commission left open the possibility of the...

Tsipras: It's Europe's Turn To Honor Their Commitments

  The Prime Minister of Greece, Alexis Tsipras, accompanied by the Deputy Minister of Immigration Yiannis Mouzalas inspected the progress of the reception identification centers  (hotspots) in Chios and Leros.     Tsipras stressed that it's Europe's turn to honor its commitments. He stated...

'Men's Only' Christmas Church Mass in Crete

The established ritual of church mass only for men, which occurs twice a year for the past 14 years in Anogia-Crete, in the Agios Georgios church, took place on Wednesday. Men from all over Crete  "appeared", as is the customary...

New Greek IDs Expected By the End of 2016

Greeks will shortly have the chance to exchange their old IDs with new ones for a 10 euro fee. These new IDs  will have technologies like those contained in newly issued passports and drivers' licenses. As the existing IDs are easily...

Hooded Anarchists Raid Teiresias Head Quarters

According to Ekathimerini newspaper suspected members of an anarchist group raided and vandalized the offices of Teiresias, the electronic database for insolvent borrowers. A group of about 14 men believed to be members of Rouvikonas  (the Greek name for the...

Archaeologist Claims to Have Unlocked Phaistos Disk Mystery

The goddess of love, the Minoan Astarte, is the key figure that unlocks the mystery of the Phaistos Disk, according to linguist, archaeologist and coordinator of the program Erasmus of Crete Technological Institute; Gareth Owens. Speaking to the ANA -...

European Commission: Greece Lacks Plan to Tackle Migrant Inflow

Greece does not have a comprehensive strategy for the return of economic migrants to their country of origin and lacks sufficient detention centers in order to prevent their escape, says a European Commission report. The report marks the progress on the response...

Australia-Greece Work Visa Approved by Greek Parliament

The new bilateral agreement between Australia and Greece, regarding work and holiday visas was recently ratified by the Greek Parliament. The Greek Community of Melbourne was relieved to hear the news since the visa had been part of the...

‘Greek Day’ at the New York Stock Exchange

An official reception was held, December 15 at the New York Stock Exchange in honor of Greece and the Greek companies listed on NYSE. The so-called “Greek Day” was organized as part of the Annual Capital Link Invest in...

Network for Reform in Greece and Europe Holds Event on Greece-Iran Economic Prospects

"Greece - Iran: The beginning of a new era" is the topic of an event organized on Wednesday by the Network for Reform in Greece and Europe, chaired by Anna Diamantopoulou. The event focuses on the economic challenges and prospects...

Greeks Watch Passively as Government Drains Them Dry

If one had asked any Greek exactly one year ago, that the full of promises SYRIZA party would come to power to finish off the crisis-stricken Greek economy and drain his personal wealth, with his blessing, he would have called...

EU Commissioner Avramopoulos on European Border and Coast Guard Agency

"The most important element of the new European Border and Coast Guard Agency is that it goes beyond what Frontex was able to do, but that we do not replace member states' responsibilities and definitely not their sovereignty," European...

Greek Souvenirs Loved by Thousands of Australians

Nadia Synetou studied Communications Design, focusing on Graphic Design at Pratt Institute in New York. After graduating she returned to Greece and found herself in a difficult situation since the country’s economy was deteriorating fast. The crisis had especially...

Cyprus-Greece Sign Agreement for Sports Cooperation

A protocol of sports cooperation between the Cyprus Sports Organization (KOA) and the Greek General Secretariat for Sports was signed during a special event at the KOA headquarters in Nicosia on Tuesday by President Clea Hadjistephanou Papaellina and Greek...