Greek News

Eurostat released its second estimate for the European Union and the Eurozone's economic performance for the third quarter of 2015, in which Greece's downturn stands out. While the Eurozone grew by 0.3% from the second quarter of 2015, and the...

Current Greek identification cards could soon be replaced by newer more modern ones that include a microchip, the Huffington Post reports. The new IDs could be like those that are in effect in the other countries of the European Union. Each...

Paleochora Art Week 2015 took place this past September and received many visitors who were very excited by the quality of the artwork displayed. During the Art Week 40 Artists exhibited their work in various areas around Paleochora, Crete....

German Finance Minister Wolfgang Schaeuble responded to Greek Prime Minister Alexis Tsipras's critical comments of the International Monetary Fund's future role in the Greek bailout. Schaeuble appeared to be dismissive of Tsipras's comments on the IMF's participation in the program, noting that it...

The Panhellenic Association of Paid Footballers (PSAP) announced on Monday evening that soccer players of the Greek Superleague as well as the lower leagues will be going on strike for the indefinite future beginning next week. Their announcement notes that a few...

The European Stability Mechanism (ESM) board of directors decided to release 2.71 billion euros to Greece to recapitalize the National Bank of Greece,  on Tuesday. This amount will be subtracted from the funds designated to cover potential resolution and recapitalization costs of...

Greece is selling two state-owned prime real estate properties in New York City and Washington DC as part of a privatization program required by the third bailout agreement, according to mignatiou.com. The Press and Information Office in New York City...

The Greek government has chosen seven vacant army camps in Thessaloniki to accommodate migrants in order to ease the overcrowded crossing at the Greece-FYROM border. The camps are under renovation by the army and local authorities in order to temporarily...

Six refugee children were found dead on Tuesday in Cesme on the Turkish coast as the boat they were sailing in sank while travelling to the Greek island of Chios. The dinghy had wooden reinforcements that apparently came apart because of...

Greek Finance Minister Euclid Tsakalotos said that the Greek programme is moving in the right direction adding that the government will continue the hard work. Upon his arrival to the Ecofin meeting in Brussels on Tuesday, Tsakalotos stressed that the...

Scientists in Britain, including two Greek researchers announced that they are developing a new very promising drug therapy, which may be used to help people who suffer from chronic pain. Although for now, the treatment has only been tested...

Credit Agricole, the French bank giant which ended its commercial presence in Greece around three years ago when it sold Emporiki Bank to Alpha Bank, is returning to Greece, this time as a major shareholder in Alpha Bank. Alpha Bank,...

The Greek government will submit in the coming days a draft bill for the voluntary declaration of black money, which is income illegally obtained or not declared for tax purposes. This is according to the Alternate Finance Minister Tryfon Alexiadis...

Greece wants the International Monetary Fund to abstain from the third bailout program and make the Greek debt, Greek Prime Minister Alexis Tsipras said. In an interview on state broadcaster station ERT on Monday night, Tsipras said that Greece had...

Greece needs to build a long-term, sustainable, less fragmented and more just pension system, European Commission Vice-President Valdis Dombrovskis told reporters on Monday. Dombrovskis spoke to the press on the sidelines of Monday's meeting of Eurozone finance ministers where Greece's...