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PM Says Second Bailout Needed Urgently

Prime Minister George Papandreou said the euro zone and International Monetary Fund must quickly approve a second bailout for his country to avoid its...

Research Shows Over 100 Million Euro Allotted to NGOs

More than 100 million euro has been given for grants to Non-Governmental Organizations. This is the outcome of research carried out by the...

"E-Learning for the Greek Diaspora" by the University of Crete

An ambitious and innovative project, which will complete and enrich the education of expatriate Greeks, will be finished by December, 2013. The project is an e-learning...

Condolences to Cyprus from Washington, the UN and Diaspora

Officials from the U.S. government, the United Nations and the Greek American Community expressed their deepest sorrow and condolences to the families of victims,...

Greek Seas Valuable for the Survival of Sea Mammals

Greek Seas constitute a valuable place for the survival of rare species which are very important for the marine ecosystem of the Mediterranean...

Low Wages in Greece's Private Sector

Reports that with the implementation of the Memorandum in 2011, and the Medium-Term Plan, Greece will soon become the "China of Europe"  have finally been confirmed. Under...

Greek PM Sends Letter To Eurogroup President

“Crunch time has arrived” said Greek PM George Papandreou in a letter sent last night to the President of the Eurogroup Jean-Claude Juncker, adding...

Europeans Clash over Greek Debt Crisis

Following eight hours of talks on Tuesday evening (11 July), finance ministers from the 17 countries that share the common EU currency, are discussing...

Conference on Mount Athos Held in Salzburg

The future of Mount Athos and its contribution to the intellectual and cultural tradition of Europe was the topic of the international conference held last weekend in Salzburg, Austria. More than one hundred senior officials of...

State Budget Deficit Widens 28% in First Six Months

A greater recession than expected has caused Greece’s central government deficit to widen by almost one third in the first half of 2011 already. As...