Greek News
Greece
Greek PM and European Parliament President to Visit Lesvos Next Week
Greek Prime Minister Alexis Tsipras and European Parliament President Martin Schulz will visit the East Aegean Greek island of Lesvos this upcoming Thursday in the context of the ongoing refugee crisis, Greek media reports.
Out of the more than 500,000 migrants...
Europe
British Actors Plead for Response to Refugee Crisis
The ongoing refugee crisis has sparked a contentious debate within Europe about each country's responsibility in the face of this extensive problem.
Among those who have expressed their feelings about the situation and their government's response are two leading British actors.
Benedict Cumberbatch,...
Europe
Mediterranean Migrant Deaths Break Records
The International Organization for Migration (IOM) reports that migrant deaths on the Mediterranean Sea routes to Europe are breaking all previous records.
IOM confirmed 3,350 fatalities so far this year, surpassing the record-breaking death toll of 3,279 for all of...
Cyprus
Cypriot Leaders Decide to Intensify Cyprus Problem Negotiations
The leaders of the two communities in Cyprus, President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci, have decided to intensify the Cyprus negotiations, aiming at reunifying the island.
In a statement read out on behalf of the two leaders,...
Economy
German Finance Minister's Spokesperson Issues Warning on Bailout Prior Actions
The German Finance Minister's Spokesperson Martin Jeager noted during a press conference on Friday that Greece must stick to its bailout commitments in order to unlock additional funding.
The Greek government and international creditors have yet to agree on the prior actions Greece...
Economy
Greek Government Issues New Decree on Pharmacy Licences
The Greek government has taken a firm stance on the disputed reform in licensing for new pharmacies by issuing a ministerial decree which allows licences to be granted to private non-pharmacist individuals, under certain conditions.
The new ministerial decision dictates that non-pharmacists can own pharmacies...
Economy
Varoufakis Praises German Chancellor and Doubts Greek Prime Minister
Former Greek Finance Minister Yanis Varoufakis, who held his ministerial post from January until his resignation on July 6 2015, once again expressed his disbelief in the success of Greece's new bailout program while praising Germany's approach to the...
Culture
City of Athens to Participate in World Cities Day Festivities on Saturday, October 31
Athens will participate in the celebrations for the World Cities Day on Saturday October 31 with a series of events.
The Greek Tourism Confederation (SETE), devoted to the effective promotion of the City of Athens, is embracing the occasion of...
Economy
Greek Unemployment Rates Are the Highest in the EU
Eurostat figures released on Friday place Greece at the top of the unemployment table within the Eurozone as well as the European Union.
Greece's figures, which take into account data available until the month of July, show a 25% seasonally adjusted unemployment rate, which...
Greece
Greek Banks Need 14 Billion Euros, Report Claims
The four major Greek banks need 14 billion euros to cover their capital needs, according to Reuters.
A Reuters report cites two European officials who claim that European Central Bank's comprehensive assessment of the Greek banks generated the amount.
The ECB's official stress test results...
Greece
Unified Ticket Plan Eyed for Greek Museums and Sites
The Central Archaeological Council is considering the prospect of a unified ticket regime for the country’s numerous archaeological sites, museums and monuments, with a pilot program set to commence on April 1, 2016.
CAC’s members unanimously approved relevant proposals for...
Business
Microsoft Denies Reports on Cancelling its Investments in Greece
Microsoft announced late on Thursday that the company does not intend to cancel any investments in Greece, amid reports that it is planning to transfer its activities in Romania.
"The company continues its scheduled investment activities in Greece, as it...
Greece
Panhellenic Seamen's Federation to Hold 48 Hour Strike
The Panhellenic Seamen’s Federation announced that it would be holding a 48 hour strike starting on Monday, November 2 at 6 am. All Greek ferries will remain tied in ports across the country and no route will be serviced.
Meanwhile,...
Economy
IMF Says Cooperation with Greek Government Is On a Good Trajectory
The International Monetary Fund (IMF) has had a good cooperation with the Greek government on issues concerning the current program review, its spokesman said during a press conference.
Asked about the possibility of the Fund participating in Greece’s new program,...
Greece
Greek PM Tsipras Criticizes EU Debate on Refugee Crisis
"I feel ashamed by Europe's inability to deal with this drama," Greek Prime Minister Alexis Tsipras said addressing the House on the refugee issue.
Tsipras criticized harshly the European Union for its stance and lack of action to curb the...