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Greek Court Rules for 2007 Ileia Fire Disaster

On Tuesday, a Patras Misdemeanors Appeals Court handed down prison sentences amounting to 77 years, merged to 40 years, to four defendants standing trial for the disastrous forest fires of 2007 in Ileia, Peloponnese, Greece, in which 36 people...

Greek Banks to Implement Law on 'Bad Loans'

Greek banks are ready to implement the law on "bad loans." This emerged after today's meeting at the government headquarters between Prime Minister Antonis Samaras, government Vice President Evangelos Venizelos, Finance Minister Gikas Hardouvelis, Alternate Finance Minister Christos Staikouras,...

Athens University of Economics and Business Amongst the Top in the Field

The Athens University of Economic and Business (AUEB) in Greece was listed amongst the top 1,000 business schools in the world for the fourth consecutive year, according to Eduniversal Business Schools Ranking Results. This year, AUEB was ranked 47th...

Greek State Officials Arrested For Blackmailing Businessman

Earlier today, Greek Police arrested two Financial Crime Unit (SDOE) officials, as well as an accountant, a Bank of Greece (BoG) employee and another Finance Ministry employee, following an entrepreneur's complaints that the five blackmailed him for several months in order to close their...

Environment Minister Maniatis: Greece to Become a Pole of Stability in the Region

As a choice that leads Greece to become a regional pole of stability in the sensitive Southeast Mediterranean, characterized Environment Minister Giannis Maniatis the agreed partnerships with other regional powers such as Israel, Egypt and Cyprus, underlining that these...

Fugitive Spends Eight Years as Monk in Mount Athos

Greek Police arrested a 48-year-old wanted convict yesterday, who had got three life sentences for a series of financial crimes against the State and had been hiding for at least eight years in Mount Athos' monastery cells, as a trainee...

Rise in Car Sales Hints at Economic Recovery

Vehicle sales in Greece continued to rise last month, as new vehicle registrations increased by 33.7 percent compared to October 2013, showing a shy hint of economic recovery, a Kathimerini report says. Following the impressive increase in tourist arrivals, coach...

EC Proposes Aid to Former Workers of Fokas, Fiat, and Air France

The European Commission proposed a series of financing deriving from the European Globalisation Adjustment Fund (EGF) to former workers of Fokas Departments in Greece , Air France, and Fiat (Poland). The European Commission has proposed to provide Greece with €6.4...

Labor Party Promises $400,000 to Lonsdale Street Glendi

A Daniel Andrews Labor Party government will provide $100,000 each year during its first term towards the iconic annual celebration of Hellenic culture. The Greek Community of Melbourne's two-day Glendi in Lonsdale Street at the heart of Melbourne's Greek precinct...

Troika Hands Athens List of 19 Tough Demands

Troika envoys have sent Finance Minister Gikas Hardouvelis a list of 19 tough reforms they want Athens to implement for their latest evaluation to be completed before the Eurogroup summit on December 8, according to a Kathimerini report. One of...

Popularity of Greek Herbs Starts Oregano War

Greek herb smuggling is the new crime that border authorities have to fight, according to a report by NDTV. The recent international popularity of Greek herbs seems to have neighboring Albanian thieves capitalizing on oregano and thyme, the report says. Christos...

Greek Politician Alleged to have Received 1.6Mln for Military Sale

The leader of the Greek right-wing Popular Orthodox Party (LAOS) in a TV interview this morning said he will not resign from the helm of LAOS political party. Since yesterday, November 10, the name of Karatzaferis has been the center...

Last Meeting with Troika May Include Elections Talk

The Greek coalition government is turning the last troika evaluation into a game of politics as it takes the risk to refuse to back down on the program of 100 tranches for debtors. At the same time, Athens seems...

Savvopoulos to Perform for Greek School in Istanbul

The students of Zografeion Greek school in Istanbul will have the unique opportunity of attending, along with students of Mandoulides school, a musical performance by Dionysis Savvopoulos, a well-known Greek singer and songwriter who originally comes from Istanbul. The event...

Russian Tourists Get Married at the 'Parthenon'

A new trend has begun, initiated by Russian tourists. People are visiting Greece to get married or to renew their wedding vows at the 'Parthenon.' More and more tourists from Russia are making their way to the northern Greek resort...