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Greek News

Schaeuble: 'Not Responsible for Greek Crisis'

German Finance Minister Wolfgang Schaeuble had a long conversation with French students as part of a university program, which did not conclude in his favor, notes the German daily Suddeutsche Zeitung. Schaeuble visited the elite Science Po University in Paris,...

Greek Minister Pledges Crackdown on Tax Evasion, with German-Style Tax Raids on Big Business

The government intends to crack down on tax evasion by adopting best practices from other countries, Greek Alternate Finance Minister Tryfon Alexiadis said in Parliament on Tuesday, during the debate on the government's policy statements. Among others, he announced plans...

Archbishop Ieronymos Claims Europe Is Against Greek Orthodoxy

Archbishop Ieronymos II of Athens and All Greece accused Europe and the Greek government of trying to alter Christian Greek society and the identity of Greek people. Ieronymos spoke on the occasion of a recent government proposal to make easier...

EU Finance Ministers Approve Deal to Share Information on Tax Rulings

European Union finance ministers adopted unanimously a proposal requiring governments to share information on tax rulings, in an effort to stop corporate tax evasion by multinationals, during a meeting in Luxembourg. According to the political agreement achieved in today’s Ecofin,...

EU Commission's Costello: 'Good Chance' of Success for New Greek Programme

The new programme for Greece has a "good chance" of succeeding, the European Commission's head of mission for Greece Declan Costello said, on Tuesday. Costello made the statement while attending an event on the Greek programme at the Centre...

MEGA Problems at one of Greece's Biggest TV Stations Due to Announced Wage Cuts

MEGA television network, one of Greece's five major television networks, did not air their nightly news broadcast on Monday evening, as the company's employees went on strike from 6 pm until 12 am in protest of the anticipated cut in wages. Efsyn.gr...

New Gucci Advertisement Includes Song by Greek Band

A newly released advertisement by Italian fashion brand Gucci includes a song produced by a Greek band thirty years ago. This Greek band called Alive She Died, came together in 1984 and was active until 1987 when they disbanded according to Greek...

Greek Scientist in California Explains Factors Fueling Brain Drain in Greece

A new opinion piece, entitled "Free Greek science from political hampering," was published in EuroScientist, the official publication of the EuroScience non-profit association of researchers in Europe, by SciencePOD on Monday, October 5, 2015, urging the Greek political class to support...

Greek PM and Austrian Chancellor Visit the Island of Lesvos

Austrian Chancellor Werner Faymann arrived at the Greek island of Lesvos on Tuesday to witness first hand the extent of the refugee crisis in Greece and how it is being managed. Faymann was greeted by Greek Prime Minister Alexis Tsipras upon his...

IMF Predicts Greek Recession in 2015 and 2016 – Recovery in 2017

The International Monetary Fund foresees a deteriorating Greek economy, at least for the following year. In its World Economic Outlook report for October 2015 the IMF predicts that by the end of 2015 Greek GDP will have fallen by 2.3%, while...

Tax Inspectors Verbally Abused at Greek Fair for Imposing Fine on Merchant

Tensions rose at a fair in the area of Florina in Macedonia, Greece when tax inspectors imposed a fine on a merchant who was selling their product at the fair. Greek media reports that the three tax inspectors who attended the fair were verbally...

Three More People Arrested in Connection with Greek Military Bribery Scandal

Three more people were arrested on Tuesday under the suspicion of bribing Greek military officials for armament purchases. Greek weapons merchant Konstantinos Dafermos, along with his son and his close associate, were arrested for bribing Greek government officials to purchase kornet anti-tank missiles,...

34 Migrants Held Captive by Afghan Gang in Greece

The Greek police freed 34 migrants including men, women and children, who were being kept captive in a flat in Athens, Greece, by an Afghan gang. The gang members were described as extortionists who were “preying” on migrants who had just...

European Parliament Approves €35 Billion in Funding for Greece

  The European Parliament on Tuesday approved a set of one-off measures aimed at boosting the effective spending of 35 billion euros earmarked for Greece in the EU 2014-2020 budget. The funds include 20 billion euros from the European structural and...

Choco Factory and Museum in Athens

Athens' "Choco Factory and Museum" is a theme park with educational and recreational content. It is located at the premises of HELEXPO and it will operate from November 7, 2015 to February 21, 2016. Visitors will have the opportunity to...