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Greek News

Greek Entrepreneurs Sail on Startupboat to Provide Practical Solutions for Refugees

Since January 1, 2015 some 710,000 migrants and refugees have arrived in Europe, according to Frontex. The vast majority come from the war-torn regions of Syria, Iraq and Afghanistan.  While Frontex estimates that 350,000 of them have entered through Greece, the...

People Line Up in Barcelona to Listen to Former Greek Fin Min Varoufakis

Hundreds of people lined up in Barcelona to listen to former Greek finance minister Yanis Varoufakis, with the pictures of the line bringing to mind scores of fans waiting in line to buy tickets to see their favorite band. It...

Greek Head of Public Revenues Facing Felony and Misdemeanor Charges

The Greek General Secretary of Public Revenues Katerina Savvaidou will have to testify in front of Greek prosecutors next Wednesday facing felony and misdemeanor charges. Savvaidou is being charged with a felony for deciding to review a 78 million euro fine imposed on a Greek...

Environment Minister Signs the OK for Cremation Facilities in Greece

Minister of Environment and Energy Panos Skourletis signed an amendment that opens the way for the establishment of cremation facilities in Greece. The new amendment puts an end to environmental concerns that were a hurdle to the licensing of cremation...

Russia το Pull Out of Greek Railways Bid

Russian Railways (RZD) has proposed to its main shareholder, the Russian state, to pull out of the tender process for Greek railway companies TRAINOSE, according to Russian News Agency RIA Novosti. The sale of TRAINOSE is part of Greece's privatization program...

Australian Prime Minister Has a Blast at Greek Festival

Australian Prime Minister Malcolm Turnbull made his first official appearance at the Gold Coast Greek Festival in Queensland. According to the Australian newspaper The Gold Coast Bulletin, the Prime Minister was received like a "superstar" at the event. The event...

Greek PM Tsipras: EU on Right Path on Refugee Issue, Turkey Agrees to Help

Greek Prime Minister Alexis Tsipras said that the European Union is proceeding in the right direction but it "is moving at a turtle's pace" on the refugee issue. Tsipras spoke after the first day of a EU summit on the...

Greek Citizen Illegally Detained in Maximum Security Prison in Burundi

Greek citizen Spyros Chagkampimana has been illegally detained in a maximum security prison in Burundi, Africa, for approximately four months, after he was arrested on June 27. He has been accused of refusing to make use of violent repression against demonstrators...

Argentina’s Scioli to Appoint ‘Good Greek’ Batakis Economy Minister if Elected

Daniel Scioli, the ruling party candidate who leads in the polls ahead of Argentina's presidential elections on October 25, said on Thursday he would appoint Silvina Batakis economy minister if he wins. Batakis, who has been economy minister of the...

Film Choices for the London Greek Film Festival

International media and Greek filmmakers are facing this year’s London Greek Film Festival with reservations, despite the fact that the festival will celebrate its 8th anniversary. It appears that this year’s schedule will not include several Greek films that have been...

Greek Think Tank IOBE Estimates 1.5%-2% Recession in 2015 for Greece

The Greek think-tank, Foundation for Economic & Industrial Research (IOBE) released its third quarterly report for 2015 on the current state and future of the Greek economy. The think tank highlighted that significant reforms must be undertaken for the Greek economy to recover, noting the...

Greek Economy Minister Admits He Did Not Declare 1 Mln Euros of Income in 2012

Greek Economy Minister Giorgos Stathakis confirmed that he is the Greek minister who did not report one million euros of income to the parliamentary Audit Committee for the Declarations of Assets, which examines the sources of income for each Greek...

Greece Fined 10 Mln Euros for Violating EU Sewage Directive

The European Court of Justice has fined the Greek state for not implementing a European Union directive on urban waste water treatment that was intended to be in full effect by the end of 2000. The Greek state will have to pay a...

Greek PM Open to Turkish Cooperation on Refugee Crisis

Greek Prime Minister Alexis Tsipras claimed he is willing to cooperate with Turkey, during his remarks on Thursday at the European Union summit in Brussels, that will seek to provide solutions to the refugee crisis. “Greece is ready to cooperate with Turkey, always...

Capital Controls Help Vicky Stamati Secure Prison Release Without Posting Bail

Though the capital controls that have been imposed in Greece since late June have weakened the economy and have restricted daily financial transactions for Greek citizens, one person in Greece has been able to use them to their benefit. Vicky Stamati, who has been...