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Greek News

Greece's 'Rent a Room' Market Has Dropped by 20%

The August 15 Dormition of the Virgin Mary holiday is the peak season for Greek holidaymakers, but this year the number has dropped by 20%, and according to the Association of Greek Tourism Enterprises (SETE), despite the traffic this...

Ancient Greek Underwater Settlement Found in Peloponnese

A large underwater ancient Greek settlement of the 3rd millennium BC was brought to light by the Ephorate of Underwater Antiquities and the University of Geneva under the auspices of the Swiss School of Archaeology in Argolis, Peloponnese. The research...

European Commission Prepared for Greek Bridge Loan Scenario

The European Commission is prepared to face the potential scenario of a bridge loan for Greece, noted spokeswoman Annika Breidthardt during a briefing on Thursday. She noted that as European Commission President Jean-Claude Juncker has said in the past, the Commission aims to...

Conflict Over Amphipolis Tomb Continues

The conflict regarding the ancient Greek tomb that was unearthed last year in Amphipolis is still ongoing, while chief archaeologist Katerina Peristeri appears defensive. In a recent interview, she spoke about an article published in Greek newspaper Avgi, which doubted the validity...

Greece's Budget Shows 13.4% Shortfall in January-July

Greece's budget showed a 1.022-billion-euro deficit in the January-July 2015 period, while state revenue dropped by 4.125 billion euros during the same period, according to the country's Finance Ministry figures. At the same time, the Greek government defaulted payments worth 4.4 billion...

SYRIZA Hard Leftists to Start New Party in Greece

SYRIZA Left Platform leader Panagiotis Lafazanis has indirectly announced the creation of a new political party by calling Greek people to join a new anti-bailout movement. Lafazanis has issued a written statement just when parliamentary committees began to debate the bailout...

Famous Greek Singer Delirious Over Country's Migrant Issue

Famous Greek singer Notis Sfakianakis, an outspoken Golden Dawn supporter, has openly condemned the migrant crisis in the country, following the tense situation on the island of Kos. Sfakianakis sent a letter to all relevant authorities, demanding the immediate...

Greek FinMin: 'If Agreement Is Not Voted Today, I will Have to Request a Bridge Loan'

"I do not want to believe that there are powers in Greece that want to send us to a bridge loan," said Greek Finance Minister Euclid Tsakalotos on Thursday. "We had the order to negotiate a new agreement. We did our duty and...

Greek Riot Police Arrive in Kos to Tackle Migrant Issue

Extra riot police were dispatched to the Greek island of Kos as tension is rising due to the increased arrival of migrants and refugees. Furthermore, Greek State Minister Alekos Flabouraris decided to send a cruise liner on the island that...

Greek Parliament to Vote Bailout Deal in Marathon Session

The Greek Parliament's Conference of Speakers decided to open the Parliament to discuss and vote the draft omnibus bill with the agreement reached between Greece and international creditors. It was the first time the Conference of Speakers convened publicly and the session...

EU: Migrant Crisis in Greece 'Beyond Urgent'

The influx of migrants from the Middle East to Greece continues, with about 100 to 500 landing on the Greek island of Kos every day - joining thousands already camped there. Greece has been overwhelmed by the wave of refugees...

Greek Islands Facing Migration Crisis – Devastating Conditions for Migrants and Refugees

While Greece has almost completed a bailout deal with international creditors, the migration crisis on the country's islands is becoming a major problem for the Greek government and the country. The Guardian reported that after Tuesday's migrant riot on the island of Kos,...

Former Greek National Team Football Director Criticizes Hellenic Football Federation

In an interview to Greek radio on Tuesday, Giorgos Karagounis, who was until recently Football Director of the Men's Greek National Team, revealed his disappointment with the Hellenic Football Federation (EPO). On August 7, it was announced that EPO decided to terminate Karagounis' contract while head coach Sergio...

Varoufakis: Greek Bailout Deal Will Fail

In an interview to BBC, former Greek Finance Minister Yanis Varoufakis expressed his disbelief in the potential of the bailout deal that Greece agreed with international creditors on Tuesday. "Ask anyone who knows anything about Greece's finances and they will tell you this...

Greek President Asks for EU Summit on Refugees and Migration

President of the Hellenic Republic Prokopis Pavlopoulos stressed on Wednesday the need for an EU Summit for the migration issue during his meeting with "To Potami" leader Stavros Theodorakis. "It is strange that Europe and the UN have not yet taken decisions on...