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Greece Returns to Financial Markets by Selling €3Bln Bond at 4.62%

Greece has made a return to the financial markets, by selling €3 billion worth of its new five-year bond, at a yield (or interest rate) or 4.625%. That’s lower than the 4.95% that Greece last sold five-year bonds for, in...

Loving Dad Carries Disabled Daughter on His Back in Samaria Gorge (photos)

A local man captured on camera the extraordinary story of a Greek American and his disabled daughter as they struggled to cross the imposing Samaria Gorge in Crete. Manolis Papadakis came across the two strangers, Manolis and Sophia, at the...

Photographers From All Over the World Invited to Showcase Greece

The Hellenic Film Commission has launched a new initiative that invites photographers to produce an image capable of selling Greece as a film location. The Commission has invited professional and amateur photographers, directors of photography, location managers and enthusiasts with...

Hoteliers in Crete Propose 10 Euro Entry Ticket for Famous Beaches

Hoteliers in the prefecture of Chania, Crete, are proposing a 10 euro entry fee for the world-renowned beaches of Balos and Elafonisi. The proposal which has been sent to the relevant local authorities in charge of the beaches says that...

Emir of Qatar Arrives on Skiathos on his World Famous Yacht (video)

Emir of Qatar, Sheikh Tamim bin Hamad Al Thani arrived on Skiathos on Monday for a few days on his famous Al Mirqab yacht holiday. The arrival of the Sheikh became known by the yacht many call a "floating palace." Al...

Tsipras Hails Greece's Return to Markets; EU's Moscovici Urges Implementation of Reforms (video)

Greece sold debt to private investors for the first time in three years, an upbeat Prime Minister Alexis Tsipras hailed what he called a "special day." At his meeting in Athens with EU Commissioner Pierre Moscovici, Tsipras that “it is...

President of Cyprus Irate at UN Advisor Eide over Failed Peace Talks

"It is sad that people who are mandated to defend international law, lie publicly in order to justify Turkey," President of Cyprus Nicos Anastasiades said, referring to United Nations special adviser on Cyprus, Espen Barth Eide. Speaking at an event...

Greek Court Confirms Transfer of Lambrakis Media Group to Vangelis Marinakis

A Greek first-instance court on Monday confirmed the transfer of ownership of the Lambrakis Media Group (DOL) to businessman Vangelis Marinakis as the highest bidder in the firm's auction process. The presiding judge ratified the sale to Marinakis and granted...

Greece's Return to Markets Met with Cautious Remarks from International Press

Greece's return to tapping the international bond markets for the first time since 2014 is met with mixed remarks from the international press. In its electronic version, German magazine Spiegel reports on Greece's test run on markets as follows: "Return...

Varoufakis: Greek PM Should Apologize to Samaras, Stournaras

"The prime minister should apologize to Messrs. Samaras and Stournaras, or stop these offensive celebrations," former Greek finance minister Yanis Varoufakis said. Varoufakis issued a statement on his personal website after the Greek government announced the issuance of five-year state...