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Greek News

From Syria to Europe: The Price They Pay

To get from Syria to Europe, you need at least $3,000. Some people make it on less, but when traveling as a refugee, money equals safety. And most people, like 22-year-old Mahmoud in London, remember every penny they spent. "There are...

Greek Prime Minister is Confident in His Government's Future

Greek Prime Minister Alexis Tsipras sought to defend the Greek government's viability and performance in an interview with the Hellenic Broadcasting Corporation (ERT) on Monday evening. It has been less than three months since the second SYRIZA-ANEL coalition government was elected to power, yet...

Eurogroup Urges Greece to Swiftly Implement Bailout Prior Actions

Eurozone officials addressed the progress of the Greek bailout and its future, following a Eurogroup meeting in Brussels on Monday. Eurogroup President Jeroen Dijsslebloem noted that the design of the second stage of the bailout package had been agreed...

Volunteers Set Up 'No Border Restaurant' at Greece-FYROM Border

Several volunteer groups from all over the world have set up makeshift kitchens to serve free food to hungry migrants stranded along the border between Greece and the Former Yugoslav Republic of Macedonia (FYROM). Thousands of migrants who want to...

Greek Deputy Finance Minister Lays Out 2016 Taxation Plan

Greek Deputy Finance Minister Tryfon Alexiadis announced on Monday the 10 steps that the Greek government will take in hopes of increasing revenue streams from taxation and combating tax evasion. Alexiadis announced the following measures as reported by various Greek media outlets: A new...

Equity Investment Forum Taking Place in Athens

Representatives of the industry told a two-day Equity Investment Forum which began on Monday in Athens.Venture capital has significantly contributed to supporting and developing Greek enterprises since the start of the specific market in Greece,  The forum is organized...

Eurogroup President: We Spent A lot of Time on Greece

Eurogroup President Jeroen Dijsselbloem addressed the Eurozone's performance in 2015, identifying the amount of time dedicated to Greece as a downturn. In recapping an intense year for the Eurozone ahead of Monday's Eurogroup meeting in Brussels, Dijsselbloem touched on the positive and...

German Government Responds to Die Wielt Story

The German government sought to distance itself from German newspaper Die Welt's article on the Greek government. Die Welt published an article over the weekend that described Greece as a ship without a captain, arguing that the Greek government is delaying the...

Greek Researcher: ‘1 in 10 Mobile Apps Leak Personal Information’

One out of ten mobile phone and tablet apps are actually leaking information used on other websites, which may endanger the safety and privacy of users, noted US-based research team led by a Greek scientist. Specifically, the paper states that...

Capital Controls On Athens Stock Exchange to be Lifted

After four months of operating under restrictions, the Athens Stock Exchange will soon be functioning without limitations for Greek investors. Charalampos Gkotsis, the president of the Hellenic Capital Market Commission (HCMC), announced on Monday that Greek Finance Minister Euclid Tsakalotos has signed...

Greek Farmers to Block Highways Protesting Tax Hikes

Greek farmers are preparing to block national highways in January, when the bills on tax hikes and security fund reforms will be tabled in parliament. Farmer unions from all over Greece met on Sunday and decided to coordinate protest rallies....

Greek Economy Minister Presents Funding Tools to Support Innovation, SMEs

Greek Economy Minister George Stathakis on Monday presented the funding sources which the government planned to use for the return of the economy towards innovation and export business activity. Addressing an Equity Investment Forum in Athens, Stathakis said that "in...

One Thousand Frontex Staff to Control Greek Borders

The European Commission is to send 1,000 Frontex staff in order to control Greek borders more efficiently, according to a Proto Thema report. The aim of the specialized Frontex staff is to block persons suspected of being linked with jihadist...

OECD: Greece Among the 'Smartest' Countries in the World

The OECD released a list that ranks countries based on the highest number of scientists per capita in fields such as mathematics, physics, technology and engineering. As it turns out Greece was placed among the 10 “smartest” countries in...

Greece Has Little Time to Implement Seven Important Prior Actions

The Greek government is racing against time to resolve seven important issues that remain pending in order to legislate prior actions required by the bailout program. Specifically, the deadline for legislating these measures is December 13 so that Greece can...