Greek News
Europe
Astrophysicist Coustenis: It Will Take Very Long Until We Find Evidence of Extraterrestrial Life
Finding traces of life outside Earth will take a long time, stated noted astrophysicist and planetologist and researcher Athena Coustenis to ANA-MPBA at the Paris-Meudon Astrological Observatory.
However, Coustenis did not exclude important discoveries in the future on the satellites...
Greece
5+1 Reasons To Live Your Summer Myth In Greece
The countdown till summer has begun and Greece becomes the glowing oasis for anyone demanding only the best for his exodus from everyday life. Because while at work, you daydream about exotic scents and bright colors by the sea,...
Europe
40% Decrease in Russian Vacation Bookings to Greece
A 40% decrease was recorded in the sale of Russian vacation packages to Greece for this summer, according to a recent interfax.ru article.
Furthermore, high decrease was also recorded in vacation trips to Italy and France. In particular, European countries have...
Business
Turks Dominate Eastern Aegean Transportation Market
Turkish businessmen have taken the lead in controlling the maritime transportation of eastern Aegean tourists, threatening the financial survival of Greek shipowners operating in the islands of Chios, Lesvos, Samos, Kos and Rhodes. As a result, many of them...
Archaeology
Four Arrested in Crete for Attempting to Illegally Sell Priceless Minoan-Era Statuette
Greek authorities announced on Friday the arrest of four people in Crete, Greece, on charges of attempting to sell a priceless 3,500-year-old statuette of a young man, dated to the mid-Minoan era for the princely sum of one...
Greece
Greek Aviation Employees Suspend 48-Hour Strike
After meeting with Greek Deputy Minister of Infrastructure Christos Spirtzis, the Federation of Associations of Hellenic Civil Aviation Authority representatives decided to suspend the 48-hour strike that was set to take place over the weekend.
The two parties discussed the economic...
Crime
One Dead, Two Arrested in Greek Anti-Terrorism Operation
The Greek police counter-terrorism unit located and arrested two of the three people said to be involved in a bank robbery in Distomo last August, during a special operation held on Friday afternoon in Nea Anchialos, Volos, Central Greece.
Georgios Petrakakos, Spyridon...
Greece
Chancellor Merkel Intervenes in Negotiations to Close Greece Agreement
There has been a positive change in the Greece-Brussels Group negotiations in efforts to achieve an agreement between the Greek government and its partners, a source in Brussels told El Mundo on Friday.
According to the source, there were only "very few elements...
Economy
Greek Private Deposits Hit Their Lowest Level Since 2004
Amid fruitless negotiations between Greece’s anti-austerity coalition government and its international creditors over the terms of the current bailout program, Greek bank deposits fell in April to 139.4 billion euros, down from 145 billion euros in March, according to data released by the European...
Economy
Greek Alternate FM: 'The Government Will Not Just Sign Any Agreement'
"The government will not sign any agreement," Greek Alternate Minister for International Economic Relations Euclid Tsakalotos on Friday said in an interview with "Agora" newspaper. Asked on the Greek government priorities (salaries and pensions or loan obligations), he said...
Economy
ND Leader Calls on Government to Change Policy
Main opposition New Democracy (ND) leader Antonis Samaras on Friday called on the government for a change of policy and consensus so that a deal is reached. In a statement to 'Agora' newspaper, Samaras blamed the government for its...
Economy
Pension Cost in Greece Reaches 16-Year High at €28 Bln Annually
As the number of pensioners in Greece increases rapidly, pension costs reach a 16-year high at 28 billion euros per year.
While creditors press for pension cuts and a stop to early retirement, the cost of pensions puts security funds...
Economy
German FinMin: Greece Has Until End of June to Reach Deal
German Finance Minister Wolfgang Schaeuble said "the financial assistance program to Greece will expire on June 30, this is the deadline given to Greece."
Schaeuble spoke on Friday in a news conference following a meeting of finance chiefs of the...
Economy
Greek FinMin Varoufakis: There Will Only Be One Good Agreement
There will only be one good agreement...this negotiation has dragged on enough...it will include the pension system, labor market and the public debt," Greek Finance Minister Yanis Varoufakis said on Friday.
In a radio interview, Varoufakis said there was convergence in...
Economy
SYRIZA MP: Greece Is Prepared for All Possible Scenarios
SYRIZA Parliamentary Spokesperson Nikos Filis said that Greece is seeking a deal with lenders but is also prepared for all possible outcomes in negotiations.
Filis spoke to Mega television on Friday saying that the government is taking all precautions to...