Greek News
Economy
Varoufakis: 'Accidental Economist' Becomes Greece's Finance Minister [video]
He has called himself an "accidental economist" and has likened Greece's position in the euro zone as a "Hotel California" lyric, he has taught economics in Greece, Britain, Australia and the U.S., his controversial blogposts won him thousands of...
Greece
Greek PM Tsipras in First Cabinet Meeting: We are a Government of Social Salvation
We are a social salvation government, Prime Minister Alexis Tsipras said on Wednesday in his speech at the first cabinet meeting of his government.
The Prime Minister underlined there is a four-year reform plan; he noted he would work for...
Economy
EU Willing to Revive Greece's Bailout Program, New Gov't Must Respect Obligations
The Eurogroup has started actions to revive Greece’s bailout program as its new prime minister, Alexis Tsipras, took office promising to end austerity measures.
Finance ministers from the 19 euro zone countries signaled their willingness to do a deal with...
Crime
Xeros' Alleged Associate Angeliki Arrested in Thessaloniki
Christodoulos Xeros’ alleged accomplice, Angeliki, was arrested on Wednesday morning, January 28, outside the post office of Epanomi, a Thessaloniki suburb in northern Greece .
Police had been looking for the 22-year-old university student since Xeros’ arrest on January 3,...
Business
New Greek Gov't to Halt Port Sale to China and Power Utility Privatization
The new Greek government will freeze plans to privatize the country’s Public Power Corporation (DEH), the energy minister said on Wednesday. Also, Greece will put a stop to the sale of Piraeus Port to China.
“We will halt immediately any privatization...
Greece
Two Remanded in Custody as Alleged Accomplices of Terrorist Christodoulos Xeros
Two men were remanded in custody after testifying before a Greek Appeal Court special magistrate for terrorism issues, as alleged accomplices of convicted terrorist Christodoulos Xeros. A 29-year-old Albanian national and a second man aged 23 were arrested last...
Greece
Greece: This is SYRIZA's New Government Plan in Detail
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Here's the translation of the official SYRIZA government programme as it was announced at the Thessaloniki International Fair on September 15, 2014. The programme refers to the renegotiations on Greek debt and promises reverse the austerity measures Samaras government'...
Australia
Fall in Love at This Year’s ‘Greek Fest’ at Darling Harbour
The Greek Orthodox Community of New South Wales takes over Darling Harbour on the weekend of February 14-15 to celebrate the Greek Festival of Sydney. The two-day long event will launch the 33rd cultural and events program in the...
Culture
Greek Actress Stars in Video of London Rock Band Adam And The ASBOs
London rock band Adam And The ASBOs have collaborated with Greek actress Tonia Sotiropoulou on the music video of their latest song, Eighties Katie's Leather Pants which was released on January 23.
In the video, Tonia plays the title character....
Greece
Greek Foreign Ministry Issues Statement on Holocaust Remembrance Day
The Greek Foreign Ministry on Tuesday issued a statement on the 70-year anniversary since the liberation of Auschwitz.
“Today, on its National Memorial Day for the Greek Jewish Heroes and Martyrs of the Holocaust, Greece is standing against forgetfulness and joins its...
Greece
New Democracy and 'To Potami' Slam New Greek Government
Greek main opposition New Democracy (ND) spokesman Costas Karagounis on Tuesday commented on the composition of the new cabinet unveiled by Greece's Prime Minister Alexis Tsipras, welcoming its relatively small size of 40 ministers but expressing "deep concern" about...
Cyprus
Cypriot Delegation in Efforts to Honor Holocaust Victims
A populous delegation representing the Republic of Cyprus contributes and participates in an international initiative to express solidarity, respect and honor the millions of Holocaust victims, condemning anti-Semitism, racism and xenophobia, wherever it comes from, underlined a Foreign Affairs press...
Greece
New Greek Govt Could Mean Cheaper Holidays in Greece
Tourist agencies see that the election of the new Greek government could mean cheaper holidays, fewer strikes and better transport in Greece, according to a Telegraph report.
The slump of the European common currency is an important factor, especially for...
Greece
New Greek Govt's First Upwind With EU for Russian Sanctions
Greece's new SYRIZA-led government had its first impact with European Union partners regarding the imposition of further sanctions on Russia, due to the ongoing Ukrainian crisis. The tough statement against Russia issued by European Union senior officials earlier today...
Economy
New Greek Finance Minister: Bailout a Vicious Cycle
"The problem with the bailout is that it wasn't really a bailout," Giannis Varoufakis told Bloomberg on Monday, a day before he was sworn in as Greece's new Finance Minister.
The 53-year-old economics professor who is now an official member of...