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High Crime Rate for First Half of 2011

According to an article in the Greek newspaper “Elefthroypia” the Hellenic Police estimated that the crime rate and the number of acts of...

Civil Servants Intent on Blocking Reforms

With only 10 days left until a team from the International Monetary Fund, the European Central Bank and the European Commission arrives in Athens...

Counterproposal Of VAT Rate Reduction

The state would lose revenue from the increase of VAT rate by 10% in food services (23% from 13%), according to tourist entrepreneurs in...

Greek To Sell 13-Week T-Bills On August 16

Greece will auction 13-week treasury bills on August 16, the Public Debt Management Agency said in a statement. The amount to be auctioned is...

Lack of Funds for the Pringipos Orphanage

The Turkish press stated that the Orphanage of Pringipos, the largest wood building in Europe, claimed for 47 years by both Turkey and...

Foreign Minister Goes to Imvros

Greek Foreign Minister, Stavros Lmabrinidis is the first Greek Foreign Minister to visit the island Imvros. Mr. Lambrinidis participated in the celebrations in honor of...

Pension Fund Stops Payments to the Dead

Debt-ridden Greece's biggest pension fund has stopped payments to 1,473 pensioners over the age of 90 after finding out they are no longer alive. The...

Libya's Foreign Minister Expected in Athens

Speculation of a possible political solution between the warring sides in Libya swirled Thursday as the Greek Foreign Ministry announced that the Libyan foreign...

Holiday Home Market Only Choice is to Cut Prices

There are some real bargains out there for people thinking of buying a holiday home in Greece, as a third consecutive slump year with...

Around 15% of Stores in Attica Have Shut Down

Shop closures in Greece's Attica region, which includes Athens, have reached 15% since the economic crisis started hitting consumer spending, daily Kathimerini reports citing...