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Greek Finance Ministry Finally Imposes 23% VAT on Private Schools

Despite announcements about freezing value added tax on private education, Greece's finance ministry decided to impose the 23 percent VAT late on Monday. The 23 percent VAT on private education was legislated on August 14 as part of the measures...

IMF Official: Greek Elections Delay Bailout Tranche, Market Loses €800 Mln

International Monetary Fund official Poul Thomsen said that elections will cost Greece the delay of the next bailout tranche disbursement and deprive the market of 800 million euros in liquidity. Thomsen briefed the IMF board of directors on the Greek...

Greek Elections: SYRIZA Keeps Bleeding as Party Youth Members Withdraw Support

Less than three weeks before Sunday, September 20, and SYRIZA numbers keep dropping in polls. The blows Alexis Tsipras is receiving keep coming from all directions, and they are really strong. On Monday, his speech writer Theodoros Kollias resigned stating...

First Private School to Close in Greece After Imposition of 23% Value Added Tax

The first private school that fell victim to the 23 percent value added tax (VAT) implementation on private education is the Michalopouleion private school established in 1931. The Michalopouleion private school in the Kallipolis neighborhood of Piraeus has endured the...

Greek Physiotherapist Runs 46 Hours Across the Alps to Finish UTMB

Alexandra Tsoukaneli, a 33-year-old physiotherapist from Ioannina, northern Greece, was the first Greek woman to finish the 170-kilometer Ultra Trail du Mont-Blanc (UTMB), one of the most popular sporting events in the world. "It is a physical and mental test,"...

Greek Elections: SYRIZA – New Democracy Agree to Televised Debate

With the September 20th Greek snap elections fast approaching, it seems that the country's political leaders will face off directly before the Greek voters' eyes. According to local media reports, SYRIZA and New Democracy have agreed to engage in two televised debates prior...

Video: Dancing Tango Under the Full Moon at the Acropolis Museum

In the historic center of Athens the Acropolis Museum welcomed this August’s full moon on Saturday, August 29, with a special Tango event under the Parthenon. The musical journey started at 8:30 pm and lasted a bit past its scheduled 11:30...

Retail in Greece Dropped 0.4% in June

Greek retail sales in June dropped 0.4% by volume and 1.7% by revenue, compared to the same month last year, the Hellenic Statistical Authority (ELSTAT) reported on Monday. According to ELSTAT, the drop was mainly caused by decrease in sales...

Greek Finance Ministry Freezes VAT on Private Schools

Greece's interim Finance Ministry has decided on Monday to freeze the 23% value added tax on private education, which was legislated on August 14, until next year. According to Greek newspaper "Kathimerini," the European Commission sent a letter to the Education Ministry on Friday saying that...

World's Wisest Men in Cosmology Travel to Greece

Greece will open its doors to the "2nd Symposium of Seven Wise Men of the World in Cosmology," from October 2 to October 4, 2015. Three Nobel Laureates in Physics and four prominent Cosmology scientists have been invited to participate in interesting roundtable debates...

President of the Hellenic Republic to Inaugurate Thessaloniki International Fair on Friday

The President of the Hellenic Republic, Prokopis Pavlopoulos, will inaugurate the 80th Thessaloniki International Fair (TIF) on September 4. The TIF, which will run from September 5 until September 13, includes commercial exhibitions from a number of different themes and sectors, including innovation,...

Greek Police Allegedly Use Stun Grenade Close to FYROM Border

AFP reported that Greek Police used a stun grenade against migrants and refugees close to the border with FYROM on Monday. The reported incident took place in the village of Idomeni during a protest held by 2,000 immigrants and refugees against the closing of...

European Commission Expects Greece to Respect Bailout Commitments

European Commission President Jean-Claude Juncker has sent a congratulatory letter to Greece's new caretaker Prime Minister Vassiliki Thanou. Thanou is expected to stay in office until the September 20 election. "The European Commission is happy to see continuity in key...

Greek Parliament to Decide if Former Parliament VP Will Lose Immunity

Greece's Supreme Court decided on Monday to transfer a request to the Greek Parliament for stripping former Greek Parliament Vice President Alexis Mitropoulos' parliamentary immunity so that he can be formally charged with tax evasion. The request had been previously sent to...

Foreign Media Predict Tsipras' Plan for Majority Vote Will Fail

Foreign media and especially German newspapers have pointed out that former Greek Prime Minister Alexis Tsipras’ plan regarding his re-election could potentially fail. Several German newspapers indicate that Tsipras announced a snap election in order to ensure a majority vote in...