Greek News

Deposits outflow from Greek banks continued in April, reaching a total of 7 billion euros, according to Bloomberg. However, the European Central Bank (ECB) increased its emergency liquidity assistance (ELA) in order to support the Greek banks. “The ECB’s Governing Council opted...

The liquidity of the banking sector, the contribution of banks in the fight against tax evasion, the improvement of public revenues collection and the more efficient use of development actions dominated a meeting between Government Vice-President Yiannis Dragasakis and...

There have been major developments in the negotiations between Greece and its creditors so that the two parties can reach an agreement as soon as possible, reported Bloomberg. According to the international agency, which cites information from a European official,...

The charm of Greece’s magnificent landscapes, embellished with golden beaches stretching along over many kilometers, azure skies, crystal clear waters and picturesque islands, drew around 2.5 million Germans in 2014, according to official data. Despite the uncertainty concerning the country's stay in the...

A ship with about 200 irregular migrants on board which was located earlier on Tuesday off the coast of Chania in Crete, Greece, was led by the Coast Guard to the port of Palaiohora. According to a local mayor, among...

Lily Papagianni was one of the most stylish actresses in Greece. Whether she was playing the role of a friend, a widow, or a lover she always looked incredibly elegant and aristocratic. The famous Greek actress passed away on...

Junior coalition partner Independent Greeks (ANEL) voted against two amendments on the building of a mosque in Athens and tax relief on The Athens Concert Hall. The ANEL lawmakers voted against two amendments at the Greek Parliament on Tuesday night,...

The Greek economy entered a new period of recession as the first quarter of 2015 gross domestic product dropped by 0.2 percent compared to the fourth quarter of 2014. According to figures by the Hellenic Statistical Authority (ELSTAT) released on...

The spokesman of Russian President Vladimir Putin said the government would be “happy” to see Greek Prime Minister Alexis Tsipras at the St. Petersburg International Economic Forum (SPIEF), noting however that this has not been confirmed yet. The annual Forum,...

The list of retired employees who have applied for pension is getting bigger each day reaching 250,000 applications, while the waiting period may reach up to five years for supplementary pensions. Applications are frozen because pension legislation is pending, while...

The Greek government is on a race with time to legislate measures in order to reach a deal with creditors within May as it is running out of liquidity. After the latest statement by German Finance Minister Wolfgang Schaeuble that...

Now in its 9th year, the festival has expanded from four to five days of feature films, documentaries, short films, Q & A’s, forums and fun. Founded by two Greek women - filmmaker Angeliki Giannakopoulos and journalist/HFPA member Ersi...

German Chancellor Angela Merkel admitted that the stereotypes claiming Greeks are not hardworking people are wrong, however her statements from May 2011, when she scolded Greeks for taking longer holidays than Germans are still carved in the memories of people...

Students from a public experimental elementary school in Alexandroupolis, northern Greece, won the first prize in the European e-Twinning competition in the category for children aged 4 to 11 years, with their project Powerfulnaturekingdom.et, implemented in cooperation with the...

There is a strange steaming concoction being brewed deep inside the political cauldrons of conspiracy. The offer on the menu today is a little island nestled at the far end of the Eastern Mediterranean. While the masterminds are...