Greek News

The private-equity units of Goldman Sachs Group Inc. and Deutsche Bank AG are reaching an agreement to purchase the buyout arm of National Bank of Greece SA. As reported in Bloomberg, Goldman Sachs Asset Management and DB Private Equity intend to...

Sculptors of international repute, such as Edward Fleming, Giorgie Cpajak and Kamen Tanev will participate in the 2nd Greek Marble Initiative, which takes place on the premises of Myró Antiques House, in Souroti, Thessaloniki, northern Greece. The founder of Myró...

A body found in Crete, Greece, is that of missing Denbigh pensioner Arthur Jones, his son has confirmed. Jeff Jones said his father's body, which was found in a "very remote area" of the Greek Island was formally identified on...

This interactive map reveals the top three birthplaces for immigrants in cities and suburbs across Australia. Greeks show highest concentration in Melbourne and Sydney and in many cases are the first ethnic group after England and and New Zealand-born...

Rita Wilson, wife of famous Hollywood star Tom Hanks and an actress herself is proud of her Greek roots. So it was no surprise that Tom and Rita were seen enjoying the sun and the beautiful beaches during their vacation in Greece. The couple,...

The Greek Parliament approved on Tuesday an amendment allowing for media group mergers "for purposes of economies of scale... provided it does not hinder competition." The amendment was criticized by left-wing opposition parties, with Greece's main opposition party SYRIZA and the Communist...

This year's World Tourism Awards were of particular importance as they were held at the hotel Divani Apollon Palace & Thalasso, in Athens, Greece which shows that the global tourism market has given a vote of confidence to the country's efforts to return to growth. World...

Eray Özer, the Turkish-Cypriot who last week said that he would return the land given to him by the Turkish- Cypriot authorities to the rightful Greek owners, said on Monday that he reconsidered his decision. Özer and members of his family...

Although Greek hoteliers claim that occupancy has reached 100% this year, it appears that the majority of customers are foreigners. Greek Tourism Minister Olga Kefalogianni admitted that this year domestic tourism dropped by almost 50%. However, she announced that the government...

The newly created Young Professionals Network by the Hellenic Australian Chamber of Commerce (HACCI) that will be launched in September aims to bring together young Greek Australian businessmen. HACCI aims to host a number of events and engage the younger Greek community...

Art meets food on the Greek island of Syros, where artists are going to create works of art using Greek loukoumi (Turkish delight), while their beautiful mosaics will be smelling of rose, mastic and bergamot. Approximately ten thousand red (rose),...

According to Reuters, intermediaries in Greece are part of an inefficient and bureaucratic system that encourages corruption. Using as an example the milk vending machines in Larissa, Reuters sheds light on the activities of intermediaries in Greece, but also the...

Just a few days after the bankruptcy of major Russian agency Labirint, the Russian tour operator Intaer announced the suspension of its operations. It is estimated that about 10,000 Russian tourists would visit Greece using the services of Intaer. Intaer...

The City of Athens is planning to create an electronic operations center in order to monitor public property, as well as improve the municipality’s efficiency in interacting with citizens. The 6-million-euro project will be mostly funded by European structural funds...

According to Greek news, many accountants across the country are claiming that they found errors in the ENFIA, the revised property tax that was imposed on Greek citizens this year, with many properties being excessively overtaxed. The Greek Finance Ministry assumed responsibility...