Greek News
Greece
Greek City of Volos Could Enter Guinness Book of Records Thanks to Tsipouro
The Greek city of Volos could become the setting of yet another Guinness World Record.
Members from 20 Guinness Record-holding countries will visit Volos as part of a conference that aims to promote the area.
The world record will be broken in...
Greece
Finance Ministry Reportedly Bans Beach Parties on Greek Islands
The Greek party is over - at least on paper it is.
According to Greek media reports, the country's Finance Ministry informed all involved parties in the Greek islands, including authorities and businessmen, that a number of activities on the beach are illegal.
Loud music, beach...
Economy
SYRIZA Central Committee Session Turns into a Battlefield
Greece's ruling party looks likely to will split in two after Thursday's Central Committee emergency session saw the Left Platform accusing Prime Minister Alexis Tsipras of "shackling Greece with a bailout Memorandum."
Earlier in the meeting, Tsipras asked for party unity in...
Economy
Varoufakis May Face Criminal Prosecution
Former Greek Finance Minister Yanis Varoufakis may face criminal prosecution after senior state prosecutor Efterpi Koutzamani ordered Greece's Parliament to examine several complaints against him.
So far, Varoufakis is slapped with five separate lawsuits, with serious charges of "treason, violation of privacy data, breach...
Economy
Greek PM Tsipras Threatens Dissidents with Snap Grass Roots Party Referendum
Greek Prime Minister Alexis Tsipras said on Thursday he will call for an emergency referendum within SYRIZA, which is split over a bailout agreement that demands austerity reforms.
"I propose to the Central Committee to hold an emergency congress to discuss being...
Culture
German-Greek Cultural Association to Host Film Festival in Berlin
With the ongoing developments of the Greek crisis in the past five years, Greek-German relations are not exactly the strongest at the moment.
Amid the political tension between the two countries, the German-Greek Cultural Association, founded in Berlin in 2015 in...
Economy
IMF May Not Participate in Third Greek Bailout
The International Monetary Fund (IMF) said it may not participate in Greece's third bailout program due to the country's growing debt and poor record implementing previous economic reforms.
This means that while IMF staff will continue to participate in current negotiations around the Greek debt...
Economy
Greece Will Be in Debt Until 2073
Greece's obligations to creditors after the completion of the third bailout program will go all the way to 2073, a Business Insider report said.
The concern about the sustainability of the Greek debt makes some Eurozone countries demand more reforms on...
Greece
Wealthy Tourists Still Choose Greece for Their Summer Vacation
Greeks may be trying their luck in other countries across the globe due to the financial crisis and political instability but Greece still remains one of the top summer destinations for wealthy tourists, noted Bloomberg.
The news agency noted that Greece accounted for...
Economy
Greek Ambassador to the U.S. Criticizes Bailout Deal
The Greek Ambassador to the United States, Christos Panagopoulos, said that the reforms creditors require in order to sign Greece's third bailout will not cure the country's ailing economy.
Panagopoulos spoke to USA Today's Owen Ullmann and said that the...
Greece
Greek Minister Kountoura: Greece Remains one of the Top Tourist Destinations
In two interviews with Al Jazeera, Greek Alternate Minister for Tourism Elena Kountoura thanked the tourists that had chosen Greece for their holidays and noted that tourist traffic is higher than last year.
Kountoura noted that tourism is still high on...
Economy
Greek Minister Announces Changes to Property Tax, More Inspections
Greece's Alternate Finance Minister Tryfon Alexiadis announced plans to revise a special property tax with the aim of lightening the burden for low incomes and small property holders, without changing a 2.65-billion-euro revenue target. He also announced a package...
Archaeology
New Archaeological Findings of Apollo Sanctuary on Greek Island
New excavation work at an Archaic sanctuary site on an Aegean Sea islet unearthed important findings about its size and organization, Greece's Culture Ministry announced on Wednesday.
Excavations on the small uninhabited islet of Despotiko --located off the popular island...
Economy
Greek Drivers Avoid Insurance Due to Financial Crisis
Drivers in Greece often admit to dangerous driving, while the country has recorded one of the highest road fatality rates in Europe. However, they are often found uninsured. A recent survey revealed that Greece has the highest percentage of uninsured...
Greece
The King of Morocco's Big Fat Greek Vacation
King Mohammed VI of Morocco and his wife Princess Lalla Salma travelled to Greece and spent about 5 million euros for their 7-day vacation in the Ilia region, on the western coast of Peloponnese.
The King of Morocco arrived last Wednesday, accompanied by his wife, two children,...