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Eurostat‏: Eleven Greek Regions Below EU-28 Average per Capita Rate in 2013

A total of 11 Greek regions ranked below 75 pct of the EU-28 average per capita rate in 2013, Eurostat said on Thursday. The EU executive’s statistics agency, in a report released here, said that the country’s average per...

Greece's Bathing Waters of 'Excellent Quality'

"The quality of water in Greece's seas and lakes is known and constitutes a competitive advantage of the country," Alternate Environment Minister Yiannis Tsironis said. From the 1540 bathing waters, 1518 were assessed, as 22 points were monitored for the...

Polish Poet Zagajewski: 'Being Optimistic Today is Rather Naive'

Ιn an interview to the Athens-Macedonian News Agency on Thursday, Polish poet Adam Zagajewski spoke of optimism, beauty, young people migrating to seek a better life and the importance of reminiscence. "Being optimistic today would be rather naive," Zagajewski, who has...

Use of Plastic Money Has Favorable Growth Prospects in Greece‏

The use of plastic money has very favorable growth prospects in Greece, while helping in the battle against tax evasion, as the use of credit/debit cards significantly lags behind the Eurozone and EU average rates. An Athens-Macedonian News Agency report, based...

VAT Rates Will not Change in Current Tourist Season

Greek Finance Minister Yanis Varoufakis promised to Alternate Minister for Tourism Elena Kountoura that VAT rates will not change in the current tourist season, said a Tourism Ministry announcement on Thursday. "Any change occurs in the tourist package in the...

Greek Defense Minister: 'United States Ask for Our Support on Russian Sanctions'

Greek Defense Minister Panos Kammenos said that the United States attempted to encourage Greece to support a new round of Russian sanctions but Athens still enjoys sharing religious and economic bonds with its "friend" and "ally," Moscow. After his meeting with US Under...

'The Days of Yanis Varoufakis are Numbered'

Greek Finance Minister Yanis Varoufakis has received yet another attack from the European press, this time from German financial newspaper Handelsblatt that talks about a "Varoufexit." The German newspaper based its criticism on Varoufakis' claim that he had secretly recorded...

Turkish F-16s Violate Greek Airspace

For the second time this year, a couple of Turkish F-16 aircraft flew over the Greek island of Kinaros at a height of 24,000 feet, according to a Greek Defense Ministry announcement. The incident took place at 11:41 am on...

Greek Sovereign Debt at €312.6 Billion

Greek central government debt fell to 312.701 billion euros at the end of the first quarter of 2015, down from 324.127 billion at the end of December 2014, official figures showed on Wednesday. The Public Debt Management Agency released the figures...

New Tax Code Has Hidden 'Traps' for Greeks Living Abroad

The new income tax code has hidden "traps" for Greeks living abroad and keep bank accounts and property, such as houses and cars, as they will have to file an income tax return in Greece. The tax code is based on...

Greek State Coffers Contain Less Than €800 Million

Greek state coffers had less than 800 million euros at the end of March, according to State Treasury figures. Greece is entering the final stage of negotiations with creditors, with practically empty coffers, as only 796.5 million euros were available at the...

Greek Parliament Investigating Committee on Memoranda Unveils Witness List

The Parliamentary investigating committee set up to examine the causes of the Greek crisis and the reasons that the country was pushed into accepting bailout Memoranda, unveiled a list of witnesses on Wednesday that it hopes to summon,...

Russian Railways Still Interested in Acquiring Privatized Greek Companies

Russian Railways (PZD) is still in talks with the Greek government on the possibility of submitting bids in the privatization of related Greek state companies, Russia's railway boss Vladimir Yakunin said on Wednesday. Talking to the Public Chamber of the...

Israeli Lawyer Wins 2.9M USD in Case Against Greek Orthodox Church

An Israeli court ordered the Greek Orthodox Church to pay a total of 2.9 million dollars in fees owed to a local lawyer. The sum will cover the costs of cases dating back to 2002. Israeli lawyer Moshe Lipke claimed that the...

Police Have a Suspect in Savopoulos Family Murder Case

Washington police have obtained a warrant for the arrest of 34-year-old African-American Daron Dylon Wint from Maryland, who was identified as a suspect in the Savopoulos family murder case. Authorities found the man’s DNA in a pizza crust ordered on the...