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Washington Post Explains the Greek Crisis Through Greek Olive Oil Exports

The Washington Post masterfully used the example of the "liquid god," which is no other than the Greek olive oil, in an attempt to explain - in simple terms - the Greek financial crisis to its readers. The article revealed what really happens...

French Tourist Arrested in Rhodes for Breaking No Photography Rule

A French tourist was arrested on Saturday while on holidays on the Greek island of Rhodes for allegedly taking photos of one of the island's military installations. The 49-year-old woman, who is said to have arrived on Rhodes on Wednesday with her...

1st International Andros Festival; New Cultural Event Not to Be Missed

The new theater on the Greek island of Andros inaugurates its first season of operation on Saturday, August 1, hosting the first International Festival on the island. The ultramodern theater in the heart of Andros town (Chora), created by Kiriaki Kondilatou and...

August 10 May Not Be the Day for A Greek Agreement

"The timetable for the negotiation process over the third rescue package for Greece is difficult to be met," German news magazine Focus said, citing a German officials' assessment. Consequently, as it is noted, the German Parliament meeting that had already been planned...

Greek TV Channel's News Not Airing After 26 Years

The recent sweeping wave of layoffs in Greece, associated with the country's disastrous recession, has led to rapid developments in ANT1 Group, one of the largest Greek media companies. ANT1 employees conducted a work stoppage on Friday, July 31, and gathered outside...

CNN in Partnership With DPG Digital Media to Launch CNN.gr

International English-language cable, satellite, IPTV and digital terrestrial television channel CNN International (CNNI) has already planned its next big venture. The company, owned by the Turner Broadcasting System division of Time Warner, will cooperate with DPG Digital Media in an effort...

Greek Energy Minister Discusses Cooperation With Russian Ambassador

Greek Minister of Productive Reconstruction, Environment and Energy Panos Skourletis met with Russian Ambassador to Greece Andrei Maslov to discuss cooperation in the area of energy, a Ministry press announcement said. "Skourletis and Maslov discussed issues of bilateral relations with an emphasis...

Famous Greek Singer Maria Farantouri to Perform in Istanbul

Famous Greek singer and political activist Maria Farantouri will perform to Istanbul fans at Harbiye Open-Air Theater on August 2 to celebrate composer Mikis Theodorakis' 90th birthday. Theodorakis is known as Greece’s top living composer, famous for the 1964 classic "Zorba the Greek"...

UNHCR: Greece, EU Need to Take Urgent, Bold Action to Tackle Refugee Crisis

Greece and the European Union need to take urgent and bold action to tackle the refugee crisis unfolding in the country, UNHCR officials said in Athens on Friday. Addressing a press briefing at the end of a five-day visit to Greece,...

European Commission: IMF 'Fully Participating' in Greek Program

The International Monetary Fund (IMF) is present and fully participates in the negotiations for Greece's third program, European Commission spokeswoman Mina Andreeva said. Asked about the non-participation of the IMF in the Greek program until necessary measures for debt relief are...

French Newspaper Describes Greek Crisis with Cartoon Video

http://www.dailymotion.com/video/x2zk4qb_l-impact-de-la-crise-en-grece-explique-en-patates_news French newspaper Le Monde presents the Greek crisis with an imaginative video clip describing the life and woes of the Patatopoulos family. The five-minute clip shows three generations within a Greek family and the changes in their lives since recession hit Greece...

Greek Unemployment Highest in Europe, Again

Greece unemployment was the highest in Europe for the month of June with 25.6% of its potential workforce unemployed, showed the latest figures released by Eurostat. The total number of unemployed people in Europe reached 23.3 million, with 17.8 million of...

Athens Stock Exchange To Reopen On Monday After 5-Week Shutdown

Hellenic Capital Market Commission (HCMC) Chairman Konstantinos Botopoulos told international media on Friday that the Athens Stock Exchange (ASE) will reopen on Monday, August 3, after shutting down for more than a month. "We are working on the basis of Monday but we are waiting...

Greek FinMin Tsakalotos: Negotiations with Creditors in Good Climate

Greek Finance Minister Euclid Tsakalotos said that talks with creditors on Friday were in a good climate and there was convergence on some issues. Tsakalotos and Economy Minister Giorgos Stathakis met today with the representatives of Greece's creditors, Declan Costello from...

New Democracy Raises Questions Following Greek PM's Plan B Comments

Greek main opposition New Democracy was not satisfied with Greek Prime Minister Alexis Tsipras' responses to questions about former Finance Minister Yanis Varoufakis' Plan B for the Greek economy. Earlier on Friday, Tsipras admitted he had asked Varoufakis to look into alternative solutions in...