Greek News
Greek News
Dr. Nikolaos Paschalidis A Greek devoted to New Space Horizons
When NASA’s New Horizons mission to Pluto flew past the distant, icy world on July 14, NASA space scientist and engineer Nikolaos Paschalidis was one happy man: he created a mission-enabling technology that will help uncover details about the...
Greece
SYRIZA to Hold Party Congress in September
SYRIZA's Central Committee decided during a meeting late on Thursday night to hold a party congress in September, a suggestion also made earlier by Greek Prime Minister Alexis Tsipras during his opening remarks.
"We were forced to make difficult decisions,"...
Economy
Troika Meets with Greece's Finance and Economy Ministers on Friday to Continue Bailout Talks
The representatives of Greece's creditors will meet at 10:00 am on Friday with Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis to continue negotiations over the country's third bailout program.
The four representatives - Declan Costello from the European...
Greece
Greek Doctors' Union Announces Work Stoppage
Greek Doctors’ Union (EOPYY) announced it will commit to a work stoppage until doctors get paid the money they are owed. The doctors will reconsider their strategy on August 7.
"Under complete dissolution, EOPPY is unable to fulfill its duties toward the insured as well as toward...
Crime
85 People to Stand Trial for Greek Football Match Fixing Allegations
The Court of Appeals Council in Greece announced on Wednesday that 85 people will be tried for crimes connected to Greek football match fixing.
Investigations into match fixing in Greece began after UEFA had published a report that found 41 games of the 2009-2010 season...
Economy
Athens Stock Exchange to Reopen Early Next Week
The Athens Stock Exchange (ASE) is expected to reopen early next week, Capital Market Commission president Konstantinos Botopoulos said in a television interview.
Botopoulos said the aim was to reopen the market on Monday and noted that a Ministerial decision must be...
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...