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Greek News

Property Tax Chaos Ends with Greek PM's Intervention

Errors in the system that computes the new property tax (ENFIA) in Greece have caused chaos in the last few days as homeowners saw that they had to pay up to ten times more after the recent overhaul in the...

Greek Real Estate Prices Continue to Drop

Property values in Greece continue to drop as the Greek economy struggles to recover. Greek real estate has lost 7.3% of its value compared to last year, according to a survey released by the Bank of Greece. Based on revised data received from...

Greece 's Unemployment Rate Shows Marginal Drop

Greece's unemployment rate fell slightly to 27.2 percent in May, from 27.3 percent in April, according to an announcement by the Greek statistics agency ELSTAT on Thursday. After peaking close to 28% in 2013, the unemployment rate has been declining at a very slow...

Greek Government Records €1.8 Billion Primary Surplus

In a report on budget execution, the finance ministry said that the primary surplus totalled 1.8 billion euros in the first half of 2014, up from a primary deficit of 1.9 billion euros in the corresponding period in 2013....

Greece Passes Reform Bill to Receive Troika Aid Tranche

The Greek Government passed a new bill on Wednesday, August 6, establishing a new series of economic reforms - as requested by the Troika - in order to receive the next bailout installment of 1 billion euros. During the summer...

New Agreement Brings Nurses from Greece to Australia

After an agreement with the federal government of Australia, the organization for the support of elder Greeks of Melbourne, Fronditha Care, announced the hiring of 20 nurses from Greece. "The agreement was signed after two years of persistent efforts," said Fronditha Care President...

NYT: Migrants in Greece Trying to Escape

The New York Times published an article depicting the hard and painful living conditions of undocumented migrants in Patras. People are brought into Greek territory through Turkey, because our country “ is easier for unauthorized immigrants to reach than...

Ancient Greek City Discovered in Crete

Archaeologists from USA and Greece are working in the area of Kavousi, on the island of Crete, to uncover an ancient Greek city that had been lost for millennia. Archaeologists and students from North Carolina and across the US, as well...

Russia Imposes One-Year Ban on Food Imports from West

The Russian government has imposed a ban on most food imports from the United States, the European Union and other Western nations in apparent retaliation for their sanctions against Moscow over the Ukraine conflict. Prime Minister Dmitry Medvedev announced the...

In Greek Crisis, Priest Buys Inmates their Freedom

THESSALONIKI, AP - Germany made headlines this week by letting Bernie Ecclestone, the Formula One chief, pay $100 million to end his bribery trial. In Greek justice, money talks in a different way: Some inmates jailed for minor offences...

Famagusta Anti-Occupation Rally to Send Message of Unity

Greek-Cypriots have organized a rally against the occupation of Famagusta on August 9, according to the city's mayor Alexis Galanos. "The goal is to send a message of unity to carry on the struggle of terminating the Turkish occupation and reunite the country,"...

London to Athens on a Bike for the Parthenon Marbles Return

Salvatore Lo Sicco, a British-Italian professor who works in the UK, traveled from London to Athens on his bike to rally for the repatriation of the Parthenon Marbles. Lo Sicco started his route outside the British Museum, which houses the Marbles that Lord...

Almost 3.500 Greeks Obtain German Citizenship

More than 110,000 foreigners, including 3,498 people from Greece, acquired German citizenship in 2013, according to data released by the Federal Statistical Office of Germany. Turks still hold first place, but there was a significant decrease compared to previous years....

Russia Restricts Meat Imports from Greece and Southern Europe

Russia's food regulating authority said that the country will stop importing livestock and beef from southern Europe because of fears for disease outbreaks. What is seen by the EU as a response to Western sanctions imposed over Moscow's Ukraine policy,...

August Full Moon in Greece: Complete List of Special Events

The magical August full moon will be celebrated across Greece with many museums and Greek archaeological sites staying open until midnight and presenting various events free of charge on August 10. For the fourth consecutive year, the August full moon events offer great opportunity...