Greek News

A day after being forced to resign as head of Greece's privatization agency TAIPED because he'd taken a ride on the private jet of a businessman buying the state gambling monopoly OPAP, Stelios Stavridis said he had done nothing...

Greece΄s current account surplus widened in June, helped by a smaller trade gap and surging tourism receipts, the Bank of Greece said on Monday. The current account balance, a key measure of economic competitiveness, showed a surplus of 663 million...

The Committee on Missing Persons in Cyprus (CMP) is proceeding with the investigation of locating missing people in military zones in the regions of Nicosia and Kyrenia. According to a publication of the newspaper POLITIS, these are specific areas where,...

After the scenes of brutality that were recorded against clergymen on August 17 at the Church of the Virgin Mary in Përmet, a town in Albania, capital of the Përmet District, new violent episodes took place on August 19. Orthodox...

China has one of the most dynamic wine markets and now ranks among the five largest worldwide. It is expected that the Chinese market will eventually be established as the largest wine market in the world.  It is also...

In the last couple of months, the Greek dairy company FAGE seems to have made a dynamic comeback in the UK market. In the second quarter this year, FAGE sales rebounded from disappointing results and after it won a legal...

Greek Finance Minister Yannis Stournaras on Aug. 18 forced the resignation of the head of the Hellenic Republic Asset Development Fund (TAIPED) Stelios Stavridis, who is overseeing a lagging privatization effort that has been a major disappointment in raising...

According to a recent survey carried out by Kappa Research for the newspaper To Vima tis Kiriakis, the public opinion in Greece shows many abandoning a long-standing anti-American feeling. To the question “Given the present political and economic circumstances, with...

A big fire that broke out in the afternoon of Aug. 17 in the region of Kouroupata on Kefalonia, the largest of the Ionian Islands in western Greece, was said to be contained by firefighters. It was burning near...

The Academic Ranking of World Universities (ARWU), commonly known as the Shanghai Ranking, has put the Aristotle University of Thessaloniki (AUTH) at 301st and the National and Kapodistrian University of Athens at 335th in the top 500 in the...

The cause of death of a 19-year-old student who was killed when he hit his head on the pavement after falling out of bus in a western Athens neighborhood during an altercation with a ticket inspector still hasn't been...

Bending to demands from international lenders, Greek Prime Minister Antonis Samaras' coalition government will let banks foreclose on homes of customers, many of whom have suffered big pay cuts, tax hikes and slashed pensions under austerity, setting aside a...

Former Greek basketball star Panagiotis Giannakis' debut as coach of the Chinese national basketball team proved a flop when the club finished fifth in the Asian Championships that took place in the Phillippines. He was roundly criticized by Hu Yasi,...

The anise-flavored aperitif that is widely consumed in Greece and Cyprus has been for many years considered to have various medical properties and health benefits for its consumers, if drunk in reasonable proportions, that is. Greek folk medicine spread...

Greece will decide on Aug. 19 whether to open a new border crossing point on the Bulgarian-Greek border known as Makaza which connects the cities of Komotini and Alexandroupoli in Thrace, Greece, with Haskovo and Kardzhali in Bulgaria. The Mazaka...