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Greek News

Greece's Fiscal Gap Seen as Major Problem by Visiting Technocrats

Technocrats representing the country’s creditors had the first in-depth talks with Greek government officials during the previous days in Athens. In these first “reconnaissance” contacts, the two sides focused merely on fiscal and macroeconomic issues, amid concerns that Greece...

German Govt Spokesman: No Feud Between Germany and Greece

German government spokesman Steffen Seibert rejected the talk about a personal dispute between Greece and Germany, noting that Chancellor Angela Merkel's goal is to keep Greece in the Eurozone. He pointed out that the responsibility for finding a solution...

Greek FinMin Varoufakis: Govt Can Delay Some Pre-Election Promises

The Greek government wants a final deal with its EU partners by April 20, or even sooner, and is prepared to delay implementation of some pre-election promises in order to win their trust and achieve this, Greece's Finance...

SYRIZA MEP Glezos: I Never Opposed Tsipras' Govt

His firm belief that any intraparty differences will soon be resolved expressed SYRIZA MEP and iconic figure of the Greek Left Manolis Glezos earlier today after a meeting with the country’s Prime Minister, Alexis Tsipras, held in the European...

Cypriot Halloumi Cheese to be Designated as PDO

Cypriot Minister of Agriculture, Rural Development and Environment Nicos Kouyialis will seek the support of European Union member-states and other countries to proceed with the application to designate the infamous local halloumi cheese as a PDO (Protected Designation of Origin). Furthermore, according to...

OECD: Greeks Not as Lazy as Other Europeans Think

Latest data published by the Organization for Economic Co-operation and Development (OECD) regarding the average European citizens’ working hours, reversed the unflattering stereotype of the lazy Greeks, which the country’s ongoing economic crisis has left them with. Contrary to what...

New Case of Modern Day Slavery in Southern Greece

A 51-year-old Greek man in Achaea, along with a 42-year-old Romanian national, were forcing foreigners to work with no pay under inhumane conditions, while they would often intimidate them by firing shots in the air or the ground. The shocking case...

John Varvatos Returns Home with New Detroit Store

The Greek-American designer who knows how to mix best clothes with music, has just opened the 21st store of his fashion empire in his hometown of Detroit. Seen as a strange move by retail experts, the Varvatos store isn't located...

Prokopis Pavlopoulos Sworn In as the Seventh President of the Hellenic Republic

Newly elected President of the Hellenic Republic Prokopis Pavlopoulos was sworn in earlier today at a ceremony in the country’s Parliament, amid heavy rain. The new Greek President took the traditional oath administered by Archbishop Ieronymos. Pavlopoulos, who is Greece...

Greek Deputy Health Minister: Arrears Settlement to Bring 1.5 Bln Euros in Revenue

The settlement of arrears to the Greek State in 100 installments will bring 1.5 billion euros to state coffers this year, Greek Deputy Health Minister Dimitris Stratoulis said in an interview to the Athens-Macedonian News Agency on Friday. "It is the most improved settlement...

Greece's Creditors Request Halting Salary Payments

Greek Finance Minister Yanis Varoufakis' aide Elena Panariti, who took part in Brussels talks with representatives of Greece’s international creditors yesterday, revealed shocking details from the Brussels Group meeting. According to Panariti, the creditors' representatives apparently proposed that the...

Greece Misses Budget Revenue Target for Two First Months of 2015

Greece missed its budget revenue target during the first two months of 2015, complicating the talks with its international creditors over securing more bailout funds for its economic recovery, according to the country’s Finance Ministry data. Political uncertainty has...

Greek Singer John Tikis Visits the Elderly at ‘Fronditha Care’

Greek singer John Tikis performed last Saturday, March 7, at Ella Bar in Oakleigh, Victoria, offering his audience a night of quality entertainment. The popular artist remained unchanged and his brilliant voice was as impressive as ever. “I came here,...

Lord Byron: Celebrity in the Cause of Greek Independence

On Wednesday, March 11, a crowd gathered at the Customs House in Circular Quay, Sydney, to attend a lecture by Professor Will Christie regarding Lord Byron and his contribution to the Greek Independence. It was an incredibly interesting speech that was...

BoG Governor: Uncertainty Threatens to Negate Sacrifices of Greek People

Uncertainty threatens to derail the Greek economy and even negate the huge sacrifices made by the Greek people in previous years, said Bank of Greece (BoG) Governor Yannis Stournaras, addressing a conference on the real estate market. In his speech,...