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Greek News

Greek Crisis vs. Great Depression

In a recent article, Business Insider magazine compares the current crisis European countries are facing, with the Great Depression of 1929 in the United States of America. “By the time President Roosevelt gave his inaugural address in March 1933, America...

Ferry Sector Suffers from Rising Costs and Flagging Demands

Coastal shipping in Greece is in danger as companies face serious financial problems in recent years, according to a survey by the Foundation for Economic and Industrial Research (IOBE) presented on Tuesday in Piraeus. According to Kathimerini daily, the survey...

Young Greek Student to Work for Google

Maria Dimakopoulou may look like the average young Greek girl, but she in fact, is an IT genius. During her studies at the National Technical University of Athens (NTUA) Maria managed to solve a computing problem that had troubled...

Large Quantities of Cocaine Seized in Athens Suburb

Police have seized 230 kilos of cocaine in an apartment in the area of Voula, a southern Attica suburb in Greece. A 50-year-old Greek, a 25-year-old Mexican, as well as a 60-year-old Colombian national involved in this case, have...

EU Commissioners Optimistic Over Greece's Next Day

European Union Commissioner for Economic and Monetary Affairs, Pierre Moscovici, stated today that Greece's growth rates gives hopes for the country's future: "We will have a first discussion in the Eurogroup on Thursday, while decisions will be taken on...

Tourism Minister Kefalogianni: Greece Amongst Top 15 Destinations

Tourism Minister Olga Kefalogianni, after the opening of the Greek pavilion at the international tourism exhibition "World Travel Market 2014," expressed her belief that tourism arrivals in Greece will increase further in 2015 and that the country will successfully...

EU Commission President Juncker: We Didn't Accept Greece in the Eurozone Prematurely

The President of the European Commission, Jean-Claude Juncker, surprised the audience during a recent presentation of former German Chancellor Helmut Kohl's new book, entitled "Aus Sorge Um Europa," in Frankfurt, when he defended Greece's accession to the Eurozone back...

Reuters for Tsipras: From Firebrand to PM-in-Waiting

Greece's main opposition SYRIZA leader, Alexis Tsipras, was profiled by Reuters in an article published today entitled "From firebrand to PM-in-waiting, Greek leftist smells power." According to this, the 40-year-old politician has recently softened his confrontational tone with Greece's...

New Ambassador of Greece Sends Message to Greeks of Canada

“Greeks abroad are the extension of Hellenism, far beyond the demarcated geographical borders of our country,” said the new Ambassador of Greece, George Markantonatos, the new Ambassador of Greece in Ottawa, Canada. After taking office, Markantonatos stated that the members...

NY Post: Greek Owned Famous Sculpture Auctioned for 100M

The American newspaper, NY Post has revealed the identity of the mystery seller of a 100 million dollar sculpture by Alberto Giacometti, entitled “Chariot” which will be auctioned this week. Sotherby’s auction house has not made any official statements regarding...

Head of Amphipolis Dig: Excavation Conducted at Optimum

"The excavation is conducted in the best scientific way," the head of the archaeological excavation at Kasta Tomb in Amphipolis Katerina Peristeri said on Tuesday responding to recent reports regarding the excavation procedure at Kasta Tomb. According to a Culture...

DIMAR Leader Kouvelis Meets President Papoulias

President of the Hellenic Republic Karolos Papoulias received Democratic Left (DIMAR) leader Fotis Kouvelis earlier today, for the last of a series of meetings he held with political leaders that began yesterday with Prime Minister Antonis Samaras and main...

Greek FinMin: 75% of Loan Must be Repaid

  Finance Minister Gikas Hardouvelis, in an interview with Greek MEGA TV channel, spoke of a period of adjustment until the country's final exit from the memorandum. "There will be an adjustment period for maybe six months or a year until...

Vatican: Greek Recipients of Giuseppe Sciacca Awards

Three Greeks will be awarded during the annual ceremony for the International Award Giuseppe Sciacca, on November 8, at the Pontifical Urbaniana University, Vatican. Greek Pediatric Professor at the University of Geneva, Afksendiyos Kalangos will receive the Special Jury Award...

‘Scarface’ Actor Ted Beniades Passes Away at 91

Ted Beniades, best known for his role as an undercover cop who busted Al Pacino in the movie "Scarface," has passed away at the age of 91. Born Theodore Cleanthis Beniades in the Bronx, NY, he was the oldest son of...