Greek News

“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...

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...

Reduced incomes, higher taxes and rising international oil prices have caused a steady decline in the fuel market since 2007. According to data released by Infobank Hellastat SA, a study shows that the decline in fuel consumption continued through 2012. In...

ADEDY staged a 24-hour strike today, paralyzing the whole country and disrupting the operation of all public services. The strike took place to protest against the deal that the Greek government is trying to make with international creditors which...

Chrystalla Georghadji, has been appointed head of the Cyprus Central Bank following the resignation of former governor Panicos Demetriades, who was appointed by Cyprus' previous communist administration. Georghadji who is currently Auditor General, will be Cyprus' first female Central Bank...

An innovative application that is expected to provide the best advertizing for Greek cuisine and products will soon be available to smartphones. The new application created by Google will be presented in the International Exhibition of Food and Beverages "DETROP,"...

According to a recent survey by the associate professor at the University of Thessaly, Marie-Noel Dyken, Greece is one of the most "aged" countries in the EU. Only Italy and Germany are presenting highest rates of population aging. Dyken studying data from...

Greece has the fourth highest price in cow's milk in the EU. The data was presented to the Greek Parliament by the Deputy Minister of Development, Thanasis Skordas after SYRIZA MP, John Michelogiannakis, questioned the matter. According to data released by...

The Greek tourist sector is set for a great performance this year, according to Swedish magazine TRAVEL NEWS, which published an article entitled “Greece – the winner of this year’s summer” on its website. According to the article, Greece ranks...

One more sector of health professionals is suffering in Greece after the effects of the economic crisis. Not only are Greek doctors leaving the country as fast as they can to work abroad, nurses are now proving to be...

A top European official expressed his concerns on Tuesday regarding the high value-added tax (VAT) evasion in Greece, which is estimated to amount to 9 billion euros or 4.7% of the country’s gross domestic product (GDP). Within the framework of...

A parliamentary committee is objecting to government plans to close 21 organizations deemed no longer useful, saying it violates the Greek Constitution. The shutdowns were ordered by the country's international lenders, the Troika of the Europoean Union-International Monetary Fund-European Central...

Prime Minister Antonis Samaras' vow to return 70 percent of an expected 1.5 billion euro ($2.07 billion) primary surplus to people most affected by crushing austerity measures is being challenged by international lenders who want more of it diverted...

  Greek-Australian scientist Dr. Arthur Christopoulos along with his research team made an important discovery concerning the side-effects of drugs on patients. The research team from Monash Institute of Pharmaceutical Sciences in Melbourne discovered how to change the way that the...

Nothing can stop the strong-willed soul of a man who wants to dance to the rhythm of a Greek zeibekiko. In this case, the popular "Zeibekiko Tis Evdokias" (Evdokia's Zeibekiko). During halftime, the song began to play and basketball player...