Greek News
Crime
100 Million Euro Bail Set for Lavrentiadis
Lavrentis Lavrentiadis, former CEO of Proton Bank was proposed a mammoth bail of 100 million euros by the prosecutor in charge of the case concerning Proton Bank’s unsecured loans, in order to be released from jail.
The prosecutor proposed to...
Greece
Greek Coast Guard Rescues 37 Immigrants
Officers of the Greek coast guard claimed that they have rescued 37 immigrants from drowning in the eastern Aegean Sea.
According to the Greek authorities, a Greek coast guard patrol found the half-sunken boat offshore the island of Lesbos early on...
Art
American Artist Paints Greek Inspired Murals
A quick glance at a building such as the one shown in this picture will make you think that a natural disaster occurred however, that is not the case. This is a work of art, a mural that makes...
Greece
No Summer Vacation For 1 out of 4 Greeks
The Eurobarometer results released in Brussels showed that one in four Greeks (26%) do not intend to go on vacation this year because of their economic situation, while in the same category the number on a European level was...
Greece
Greek Police Officers Protest Outside Greek Parliament
Earlier today, Greek Police officers participated in a rally protest that ended up outside the Greek Parliament. The Greek police officers protested against the plan concerning the restructuring of Hellenic Police.
According to the Panhellenic Association of police officers (POASY),...
Greece
Shocking Decline in Greek Construction Activity
The deep economic recession that Greece suffers from in conjunction with the strict fiscal policy, had a negative impact in building activity which records a constant decline since the crisis outburst.
According to a survey conducted by Infobank Hellastast S.A,...
Business
44% of Central Heating in Athens Remains Turned Off
According to the data released by the head of the Attiki Gas Supply Company (EPA) Mr. Balaskas, this winter, the central heating of 44 percent of apartment buildings with heating oil boilers in Athens remain turned off while last...
Greece
Greek Finance Minister and Farmers Meeting Fruitless
The Greek Finance Minister, Yiannis Stournaras, had a meeting earlier today with representatives of the Greek farmers union. However, the two parties could not reach an agreement and the union underlined that they will do everything that is within...
Business
Greece Wants Greek Ship-Owners to Contribute More
According to Posidonia Exhibitions SA, Greek ship-owners set a new record of orders to shipbuilding companies in 2013. The number of orders made by Greek ship-owners is estimated at 25 percent of the global order book.
In fact, last year...
Greece
Decline in Greek Newspaper Circulation Continues
The decline in Greek newspaper circulation during 2013 continues. The data concerning political newspapers showed a very sharp drop in the circulation of daily newspapers. More specifically, Greece's afternoon newspapers which were selling an average of 100,000 copies have...
Greece
Kouvelis Backs Kaminis For Mayor
With the ruling New Democracy Conservatives in disarray over the Athens' Mayor's race - officially supporting one of its lawmakers as a candidate and snubbing another - who had the office - incumbent George Kaminis has picked up the...
Economy
Record High: Greek Unemployment Rate Nov 28.0%
Greece's unemployment rate rose further to a new record of 28 percent in November from a downwardly revised 27.7 percent in the previous month, the country's statistics agency ELSTAT (Hellenic Statistical Authority) said on Thursday.
The rate is more than...
Europe
Increase of Greek Tourists in FYROM
According to data released by the Statistical Service of FYROM, an increase of Greek tourists was recorded in December 2013. As reported, most of FYROM's foreign visitors were Greeks.
Specifically, the majority of foreign tourists in December 2013 came from Greece...
Greece
Downtown Athens Redevelopment Project Gets "Green Light"
A 78.5-million-euro project for the redevelopment of the Panepistimiou-Patission axis, the extension of the tram line and related traffic measures that will breath new life into the center of Athens, Greece, was given the “green light” on Wednesday.
The project...
Culture
Greek Inspirations on St. Valentine's Day
If love could be defined, then it would contain the most intense and vitalizing feeling, but also the most oppressive one, as it requires a positive response in order to be fulfilling. From Plato, who mentions in his Symposium...