Greek News

Fitch Ratings on Friday upgraded Greece's sovereign rating to B from B-, still in junk territory. The ratings firm cited the country's improved performance under the European Union-International Monetary Fund program, falling near-term liquidity risk and a better fiscal track...

Locked in a tight race with the ruling New Democracy Conservatives of Prime Minister Antonis Samaras in the May 25 European Parliament elections and the run-off round of balloting for Greek municipalities, major opposition Coalition of the Radical Left...

Christos Kortzidis, the mayor of Elliniko,  southeastern Athens, Greece has been prosecuted for breach of duty in the case of the fatal amusement park accident that cost the life of a 13-year-old boy.  The prosecution is based on a civil service inspectors' report, according...

“ATLAS was one of the second-generation Titans. He personified the quality of endurance (atlaô). In one tradition, Atlas led the Titanes in a rebellion against Zeus and was condemned to bear the heavens upon his shoulders. In another, he...

The internationally acclaimed Greek Canadian composer, Christos Hatzis, will be honored by Toronto's Hellenic Heritage Foundation with the Lifetime Achievement Award for 2014. The awarding ceremony will be held on June 6, 2014.  Hatzis was born in Volos, central Greece where he...

Greece ’s credit rating will be increased one level by Fitch Ratings, which cited an improving economic and fiscal outlook for the country that sparked Europe’s sovereign debt crisis. Greece’s long-term debt will be raised to B, five levels below...

Cypriot politicians and officials claim that austerity measures and losses on citizens' bank deposits imposed by international creditors won't make voters boycott the European elections on May 25. Alexandra Attalides, a Cypriot and acting head of the European Parliament office, stated...

As the Greek-owned merchant fleet remains one of the world’s biggest, ranking first in tankers, second in dry bulk carriers, second in LNG tankers and container ships, Greek ship-owners see their investments skyrocket. One in five ships under construction belong...

A new opinion poll on voting intentions for European Parliament elections, conducted by Pulse for the newspaper To Pontiki, shows SYRIZA ahead of New Democracy by 2.5%. According to the poll, Greece's leftist opposition party SYRIZA stands at 25% with conservative New Democracy at 22.5%. Ultra-nationalist...

Disclosures surrounding the story behind the eurozone crisis and the Cannes G20 summit meetings between EU leaders and former Greek prime minister George Papandreou, as revealed recently in London's Financial Times, seem never to end. With crucial European Parliament elections due in...

In a letter recently published by the U.K. newspaper The Independent, a Greek immigrant having studied and finally moved to Britain refers to the recent political upheaval in Britain, the euroscepticism, the radical political hate rhetoric and the skyrocketing...

Oscar-winning Greek American actress Olympia Dukakis has expressed her support for Cyprus' first gay pride parade.  The actress urged Cyprus’ LGBT community to "keep going forward …. stay the course". When Dukakis was asked whether LGBT people should have equal rights, she answered:...

Athinagoras Skiadopoulos from Rhodes won the National Physics Contest, adding another important award to his CV, and making his parents and his teachers proud of him once again. He has previously won the gold metal at the Balkan Mathematical Olympiad 2014 in Bulgaria...

Greece's Secretary of Public Revenue Harry Theocharis has taken the unilateral decision to apply for the seizure by a third party of Neorion shipyard on the island of Syros, ignoring moves by the Navy and the Greek government to save the ailing...

PASOK Socialist leader Evangelos Venizelos’ characterization of protesters upset with bond losses he imposed on them as “fascist-like,” drew a sharp rebuke from the right-wing Independent Greeks party ahead of the May 25 elections for Greek municipalities and the...