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Greek News

Greek Fleet One of the Best in the World

Greek shipowner companies are extremely busy during the first month of 2014, buying second-hand ships and also ordering newly manufactured ones to further increase their fleets. During the first ten days of the new year, Greek shipowner companies seem to...

10.000 Euros Compensation to Vatopedi Monastery

Father Ephraim of the Holy and Great Monastery of Vatopedi, was suing Greek journalist, Kostas Vaxevanis for two of his articles published on the Internet and in print, concerning exchanges between the monastery and the state. The court partially vindicated the...

Varotsis Released for Postbank Fraud

Hellenic Postbank (TT) executive, Marios Varotsis was the first to be released after submitting his written statement. He is among 30 defendants arrested so far in the case of bad loans. Varotsis was released on condition that he post's bail...

New Defense Bribery Scandal Arrests

New arrests were made today in the case of bribes for defense equipment contracts. The police have arrested Sotiris Emmanouil and Ioannis Mpeltsios. Sotiris Emmanouil was an executive of the Hellenic Shipyards in Skaramagas, Athens. According to allegations, he received...

BP Buys Greek Oil Reserves

The agreement for the purchase of the Prinos oil field reserves was signed on Monday afternoon at the Greek Ministry of Environment, Energy and Climate Change, between Energean Oil, the Greek company exploiting the reserves and British multinational BP Oil...

Increased Interest on Real Estate Investments in Greece

According to a Colliers International survey, despite the ongoing recession, international investors appear to be more willing to take risks in high-risk markets during 2014. This tendency was observed in Greece's investment activity during 2013. At a universal level, investors...

Winter Sales Turnover Expected Down by 10%

Winter sales in Greece, which begin on Monday and will last until February 28, are expected to give a boost to the hard pressed retail sector. The National Confederation of Hellenic Commerce (ESEE), estimates that turnover during this period will be...

Transphobic Harassment of Greek Transgendered Student

A formal complaint by the Greek Transgendered Support Association (SYD) which was brought before parliament by SYRIZA, has highlighted transphobic harassment and discrimination against a 25-year-old Greek transgender student attending an evening lyceum in Athens. The press release issued by...

PASOK Joins The 58 For EU Elections

In an attempt to unify Greece's fractured leftist political parties, the so-called “Initiative of 58” begun by academics, intellectuals and others disenchanted with the political system, said they've branched into a political party called the Democratic Progressive Faction that...

Two Greek Actresses Leading in Luhrmann’s Musical

The famous Australian director Baz Luhrmann chose a second Greek actress to play in his musical "Strictly Ballroom" which is based on the famous Australian film. Along with Phoebe Panaretos, who has already participated in many successful theatrical and TV...

NYT: Athens Greece Surges Back

The New York Times includes Greece’s capital, Athens, on the list of 52 places around the world that one should visit in 2014. The author of the article describes Athens as the city that recovers from a deep economic...

Potential Greek “Battle” in State Elections

Oakleigh may become the field of a Greek electoral battle and Greek voters may face a dilemma in the next state elections of Victoria, if the Liberal Party chooses a Greek candidate for the seat. Theo Zographos is a candidate...

Hotel Owners Propose New School Holidays

The association of hotel owners of Greece has proposed that the government establish an interim school holiday across the country so that Greek families have the opportunity to take a short vacation during the winter period. According to the deputy...

Sunday Telegraph Explores the Athenian Riviera

Australian newspaper Sydney Sunday Telegraph featured an extensive touristic article about Athens Riviera. The world traveler Amanda Dardanis said she was impressed by the Athenian Riviera and added “it is a fantastic multi-tasking destination for couples, families and business travelers...

Greece on Red Alert for Destruction of Syrian Chemical Weapons

The campaign of dismantling the Syrian chemical weapons of Bashar al- Assad regime is underway, as it has been agreed between the U.S. and Russia. Ships from Denmark and Norway are transferring chemical weapons to an unknown destination in...