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Onassis' Mercedes to Be Auctioned Off Along With Dreams of Better Times

The National Bank of Greece (NBG) is auctioning off Onassis property. In particular, Alexander Onassis' Mercedes 1972 and items of furniture are being sold off 43 years after the tragic airplane accident that cost Aristotle Onassis' only son his life. The...

Eurostat: One in Three Greeks Live in Conditions of Poverty

More than one in three residents of Greece experienced conditions of poverty and/or social exclusion in 2015, according to Eurostat figures released on Monday. The European Union average was roughly one in four, the same report said. In Greece, the...

Notaries Abstain From Foreclosures of Primary Residences Again This Week

Greek notaries decided to not take part in foreclosures of primary residences this week, extending the decision they had taken last week. Their decision to abstain from the process is due to the fact that they state that the conditions...

Greek Liberal Lawmakers Submit Amendment to Foreclosure Bill; Comes With Strings Attached

Main opposition New Democracy (ND) on Monday submitted an amendment to parliament for suspending first home foreclosures for debts to the state until the end of 2017. The conservative party said that the amendment was presented to cover up, once...

State Council to Hold Its Third Session on Tuesday

The Council of State’s plenum will hold its third session on Tuesday afternoon, to consider the appeals of television channels against a recent auction of four TV licenses behind closed doors, sources said. The judges last Friday failed to conclude...

Stournaras Wants Debt Relief for Greece to Bring Market Access in 2018

Greece needs debt relief because it will not regain access to markets in 2018 unless its public debt is considered sustainable, Bank of Greece governor Yannis Stournaras said on Monday, addressing the annual conference of the Greek Tourism Confederation....

ESM Looking at Loan Duration Adjustments for Greece

ESM and EFSF General Secretary Kalin Anev Janse spoke to German newspaper Boersen Zeitung. In the interview he said that he had been asked to look at long-term and short-term reforms to Greece. He said, however, that no announcements...

Greece-FYROM Sign Memorandum of Understanding on Natural Gas Systems

Greece signed a memorandum of understanding with the Former Yugoslav Republic of Macedonia (FYROM) on Monday to examine the prospect of interconnecting their natural gas systems. The MoU was signed in Skopje between DESFA (Hellenic Gas Transmission System Operator)...

Ben Needham: Police Find Evidence That Suggests He Died in an Accident

The search for missing toddler Ben Needham is winding up in Kos after the British police found one of his belongings near the site to where he disappeared on the island of Kos in 1991. South Yorkshire Police Detective...

SYRIZA Conference Shows Party Members Want More Leftist Policies

The results of the vote for electing the new Central Committee in the second SYRIZA Conference on Sunday night show that the leftist candidates won over the more conservative ones. The vote makes it apparent that most delegates continue to...