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Greek News

Economy Minister: New Development Law to Be Implemented Jan.1

"The new development law will be implemented as of January, 1, 2016," Greek Economy Minister George Stathakis said on Thursday. "Youth entrepreneurship will constitute the basis for Greece 's growth. We are giving priority at all levels, and this is...

Greece Hires German Michael Skibbe as National Soccer Team Coach

The saga of filling the coach position in Greece's national soccer team will have its final episode on Friday, when German Michael Skibbe will sign the contract. The Greek Football Association (EPO) has hired Skibbe as the new national team...

Report: Greece Becomes a Tougher Business Environment Compared to Last Year

Greece fell two places to 60th, from 58th place last year, in World Bank's list of 189 countries setting up and operating businesses. The Doing Business 2015 report by World Bank, records reforms made by the countries which made it...

Economist Kritikos: 'Greece Could Become the Silicon Valley of Europe'

"Greece could become the Silicon Valley of Europe", economist Alexander Kritikos said in an interview with ANA-MPA on the occasion of a conference "Greece after the elections, Reconstruction of Greece, German development ideas for the reconstruction of the Greek economy",...

President Pavlopoulos Tells Germany's Steinmeier the EU Must Help End the War in Syria

The European Union is best suited to help stop the war in Syria and promote peace in the Middle East, Greek President Prokopis Pavlopoulos said during a meeting with German Foreign Minister Frank-Walter Steinmeier in Athens on Thursday. The President...

It's a Miracle! Greek Government Turns Cleaners into Secretaries!

They became symbols of social struggle, they became known all over the world, they served as SYRIZA's handy propaganda tools, they became icons in social media, now they became secretaries. It would be a good scenario for an episode of the...

Cypriot President Calls on Turkey to Cooperate on Missing Persons

The issue of missing persons cannot be resolved without the effective cooperation of Turkey, President Anastasiades has said. In a speech delivered on Thursday by Commissioner Photis Photiou at a Church memorial service for the missing persons of the 1974...

Pierre Moscovici to Visit Athens on Tuesday

European Commissioner for Economic and Financial Affairs Pierre Moscovici will visit Athens this upcoming Tuesday November 3 for two days. Moscovici was originally scheduled to visit the Greek capital on October 14, but had to postpone his trip due to...

Two Students and Their Teacher Parade in Honor of Nazi Resistance on Greek Island

With Greeks commemorating the annual anniversary of the resistance to the Nazi occupation on Wednesday, three people on the Greek island of Arkioi, located in the North Aegean Sea, partook in one of the smallest such ceremonies. The island has a permanent...

German Foreign Min Frank-Walter Steinmeier Visits Greece on Thursday

German Foreign Minister Frank-Walter Steinmeier is visiting Athens on Thursday to discuss the refugee crisis and the progress of the bailout program implementation. Steinmeier will meet with President of the Hellenic Republic Prokopis Pavlopoulos at 1pm and Prime Minister Alexis...

Euro Working Group to Decide on €2 Bln Tranche Disbursement to Greece

While the Greek government maintains that it has already completed 90 percent of prior actions required, Brussels doubts that Athens has met its pledges. There are several key issues that have not yet been resolved, such as foreclosures on bad...

Four More Refugees Drown Near Greek Islands, 38 Missing

A new deadly shipwreck in Greek waters left four more refugees dead and allegedly 38 more missing on Wednesday as winds in the Aegean Sea reached 8 points on the Beaufort scale. A wooden boat carrying about 300 refugees --...

22 Shipwrecks Discovered in Greek Archipelago

The Fourni Archipelago in the North Aegean Sea in Greece is the site of an archaeological underwater discovery that yielded findings from 22 different shipwrecks that took place over a span of more than 2,000 years. According to Discovery News,...

Greece Is Bulgaria's Third Biggest Investor

The annual report of the Economic and Trade Affairs of the Greek Embassy in Sofia reveals that Greece was Bulgaria's third largest foreign investor for 2014. Greeks poured 2.49 billion euros into the neighboring Balkan country in 2014. Only Austria and the Netherlands made more...

Fourth Person Found Dead Following Floods in Attica, Greece

A man was found dead in the Menidi stream in Eastern Attica on Wednesday evening. Preliminary reports attribute his death to drowning and place it approximately four days ago, according to Greek media reports. Most of the middle-aged man's body was covered...