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Greek News

European Parliament passes amendment on Trabzon Hagia Sophia

Today, the European Parliament plenary passed an amendment tabled by German MEP Jorgo Chatzimarkakis that calls on the Yargitay Supreme Court in Turkey to revoke its decision to operate the historic church of Hagia Sophia in Trabzon as a mosque. Furthermore, the European Parliament...

Opportunity for Young Unemployed in Village, Northern Greece

Northern European pensioners are creating an entire village in Northern Greece, in which young unemployed from Greece, Spain, Portugal and Italy will have the opportunity to live and work. The village is an idea of the ProWork initiative. The ProWork...

Libra Group Invests in Greek 'Eco-Bedding' Manufacturer

The Libra Group has announced that it is the principal investor in 50% of COCO-MAT and has formed a joint venture with the leading Greek manufacturer of specialist mattresses, other natural sleep products and furnishings. Partnering with the Libra...

Samaras Tells The Troika: "No"

Prime Minister Antonis Samaras has reportedly rejected Troika demands he not return most of a coming primary surplus to low-income pensioners, the police and military and said the government will also refuse to give supermarkets the right to sell...

Manhattan Explosion: Greek Andreas Panagopoulos Found Dead

At least seven people have been killed after a massive explosion leveled two apartment buildings in New York City's East Harlem, among the latest victims is Greek musician Andreas Panagopoulos according to the WSJ. More than 70 others have been...

Calamos: How Do You Know It’s a Stock Picker’s Market?

By John McClenahan/Calamos Investments In our most recent Global Economic Review and Outlook, we described 2014 as the year of the fundamental investor with macro factors becoming a less significant driver of investment performance. But how do we monitor this?...

Greek Police Dismantle Trafficking Organization

Greek Police have dismantled a criminal organization trafficking migrants to other European countries. A total of 13 members of the organization were arrested in Thessaloniki, Greece, including the 33 year-old kingpin of the racket, 11 foreigners and a 31 year-old...

2nd day of clashes at Athens University of Economics and Business

For the second day in a row there was tension at the Athens University of Economics and Business (ASOE), with clashes between groups of students and the Greek Police. On Wednesday afternoon, the Greek police were outside the University campus...

Greece's Major Opposition Party Favors Golden Dawn MP'S Immunity Lift

  The parliamentary group of Greece’s major opposition party, SYRIZA, decided that the party’s MPs will vote in favor of the immunity lift of Golden Dawn’s MPs, after a similar recommendation was made by SYRIZA’s political secretariat last week. However, during...

Emirates Airlines Offers 3,800 Jobs to Greeks

Emirates Airlines is seeking Greek candidates to join the company’s flight staff and is once again organizing a career-day in Greece to find people suitable for the 3,800 jobs being offered. During the seminar, which will be held on March...

Leaving Athens to Take Over the Family Business

Kalarites is a village located on the Tzoumerka mountain in north-western Greece, which during the winter months seems to be forgotten by everyone. There, in the heart of the village, is a small traditional coffee shop that dates back 174 years. Its...

Christians and Muslims Unite for Cephalonia

An interesting initiative has been launched in Komotini to help the victims of the earthquake in Cephalonia. Both the Holy Bishopric of Maroneia and Komotini and the muftiate of Komotini, along with the Muslim Asset Management Committee, held a fundraiser...

'Startup Pirates' Project to be held in Athens

After many weeks of anticipation, the Startup Pirates are finally ready to visit Greece and organize an event aimed at promoting an entrepreneurial culture in Athens. The Startup Pirates event will be held between March 29 and April 5 at...

“Gods of Egypt”: new film by Greek-Australian Director Alex Proyas

“Gods of Egypt” is the title of the next Hollywood movie that will be filmed by Greek-Australian director, Alex Proyas. Shooting will take place in New South Wales in Australia and will boost the State’s local economy by 75 million...

Considerable Decline in Greek Construction Industry

The Greek construction industry has shown a considerable decline since 2012, according to data provided by the Hellenic Statistical Authority (ELSTAT). In December 2013, private construction activity in Greece amounted to 1,250 construction permits, totaling an area of 203,300 square...