Greek News
Greek News
Greek Students Stand Out in Astronomy Olympiad
The Greek team claimed third place in the 9th International Olympiad of Astronomy and Astrophysics (IOOA).
High school students Antonis Valmas of Anavryta Experimental High School won the bronze medal while Girogos Papaxatzakis 2nd Mantoulidi Institutions Thessaloniki High School received an...
Greece
Refugees Relocating from Athens Park to Greek Housing Facility
Athens municipality granted access to a housing facility in Elaionas, in western Athens, so that the government can temporarily relocate the refugees who are currently camping at Pedion to Areos.
In communication the State Minister Alekos Flabouraris, George Kaminis, the mayor...
Economy
Mature Pension Rights will Not be Affected, Say Labor Ministry Sources
Pension rights which have been secured by June 30, 2015 will not be affected by the new agreement between the government and Greece’s lenders and this is something which the institutions have accepted, Labor ministry sources said, after a...
entertainment
Acropolis Museum Celebrates August Full Moon with Tango
The Acropolis Museum, Athens, Greece, is celebrating August full moon on August 29 (Saturday) with the music and dance event “Tango Acropolis,” according to a press release.
For the event, the museum’s courtyard will turn into a dance floor where...
Economy
Greek Markets Down Again
Greek stocks were down 4.5% in early trade today, dragged down by another near 30% plunge in banking stocks, a day after sustaining record losses when the bourse opened following a five-week shut down.
The main Athens index lost 16.2%...
Business
Greek Companies Lose 85% of Their Value Since 2007
A lot has changed between 2007 and 2015. One of the major changes in the economic sector was the average price of Greek companies, which changed a lot in just a matter of eight years.
The Independent noted a dramatic...
Crime
Unknown Assailants Bomb Greek Businessman's House
Greek businessman Theodoros Savvaidis became the target of a group of unknown assailants who bombed his home in Vouliagmeni, near Athens, at 11:35 pm on Monday, August 3.
According to the Greek newspaper Proto Thema, the initial reports claimed that...
Australia
Australian Play Brings Forbidden Love to 22nd Greek Film Festival
After seven years of sold out shows across Australia, the hit Australian stage play Alex and Eve is set to make its big screen debut on Opening Night October 14, 2015 at The Delphi Bank 22nd Greek Film Festival.
A...
Culture
British Author Calls on EU Leaders to Learn from Socrates When Dealing with Greece
British author, historian and television broadcaster Bettany Hughes calls on European Union leaders to learn from Socrates when dealing with Greece and its economic woes.
"Europe’s leaders need to sit down with Socrates for a night; a life unexamined is...
Economy
Greek Municipality Union Sends Distress Signal to Ministry of Economy
The Central Union of Municipalities and Communities of Greece (KEDE) has alerted the Greek Economy Minister, Giorgos Stathakis on the stoppages of ongoing construction in Greek municipalities.
According to a KEDE press release, KEDE president George Patoulis informed Stathakis that National Strategic Reference Framework (ESPA) directed...
Economy
More Greek Business Owners Move Their Companies Abroad
As capital controls continue and clouds of economic uncertainty loom over Greece, many business owners opt to move their companies abroad.
According to a CNBC report, Philip Ammerman, a Greek-born investment advisor who moved his business from Athens to London...
Greece
Increasing Foreign Interest in Greek Island Properties
Foreign investors and buyers are frantically searching for properties on the Greek islands of Santorini and Mykonos, driving the demand to an all-time high. According to Greek realtors, the holiday home market in Mykonos and Santorini shows such high...
Business
Greek Manufacturing PMI Recorded Unprecedented Contraction in July
Adding to a dismal Monday for the Greek economy, that has seen a stock market crash and significant revenue losses for Greek firms, financial information service company Markit released its July survey results on Greece's Manufacturing Purchasing Managers Index.
The Manufacturing PMI denotes the well being of...
Business
Cristiano Ronaldo Reportedly Buys Greek Island for his Agent
If reports are true, Jorge Mendes, a sports agent who manages some of the worlds greatest soccer players, just became the owner of a Greek island....without spending a dime!
According to Portuguese news website Move Noticias, professional soccer player Cristiano Ronaldo gave Mendes, who is...
Economy
Greek Stock Exchange Crashes at 28-Year Low, Closing at -16.23%
The Athens Stock Exchange crashed at a 28-year low, closing at -16.23 percent on Monday.
The Greek stock market had been closed for five weeks, after the Greek government imposed capital controls on June 28. But the re-opening of the...