greece news
Economy
European Parliament Approves Solidarity Funding for Ionian Islands Struck by Earthquake
European lawmakers approved 1,651,834 euros for Greece in EU Solidarity Fund aid on Tuesday to help the country repair damage caused by a magnitude 6.1 earthquake that hit the Ionian Islands region on November 17, 2015. The regions struck...
Cyprus
16 Remains of 'Noratlas' Soldiers Killed in Cyprus 42 Years Ago Returned to Greece
The remains of 16 Greek soldiers killed during a secret mission to support the Greek Cypriot National Guard in 1974 were identified in Nicosia and returned to Greece after an emotionally charged memorial service at the Tomb of Makedonitsa.
The...
Greece
PM Tsipras: Those Who Bet on Revenue Collapse Were Proven Wrong
Prime Minister Alexis Tsipras criticized the opposition for anticipating the collapse of public revenue and the activation of the contingent mechanism, following data showing an increase in state revenues in September, during a meeting with the government’s economic team...
Economy
Greece Lowers Tax-Free Transaction Limit
Greece will soon lower a minimum transaction limit for tax free purchases from 120 to 50 euros to bring the country in line with the EU average, George Pitsilis, secretary-general of Public Revenue said on Monday.
Addressing an event at...
Crime
British Police Knock Down Kos Farmhouse in Search for Ben Needham
Continuing their search for possible remains of Ben Needham, a toddler that disappeared while holidaying with his parents on the Greek island of Kos in 1991, police officers from South Yorkshire on Tuesday obtained permission to knock down part...
Economy
IMF: Greek Economy Will Grow in the Short Term, But Not in Medium, Long Term
The forecasts for the Greek economy are optimistic for the short term, but not for the medium and long term, an International Monetary Fund report says.
According to the IMF World Economic Outlook report, 2016 will see a 0.1% growth,...
events
Athens' First Mini Maker Faire Showcases the Innovative Talent of Youth in Greece [video]
Stavros Messinis, founder of The Cube and Kostas Fontalis, founder of Xeirotexnika teamed up to combine the technology and DIY communities for Athens' first ever Mini Maker Faire which took place October 1-2.
Already hailed as an invaluable co-working incubator hub...
Culture
President Celebrates Inauguration of 'Odysseys' Exhibit at 150th Anniversary of National Archaeological Museum
On Monday, President Prokopis Pavlopoulos hailed the contribution of the National Archaeological Museum to man-made creations during the inauguration of the new exhibition “Odysseys,” which marks the 150-year anniversary of the museum.
“150 years after its foundation, the National Archaeological...
events
The Hellenic Rescue Team and Efi Latsoudi Receive UNHCR's Nansen Refugee Award in Geneva
On Monday, Greek volunteers Efi Latsoudi and Konstantinos Mitragas on behalf of the Hellenic Rescue Team (HRT) became the latest in a long line of distinguished everyday heroes to receive UNHCR’s prestigious annual Nansen Refugee Award.
Both winners of the...
Archaeology
Greece's Griffin Warrior Tomb from 1450 B.C. Reveals Rings of Power, Mirror and Combs
Dr. Jack L. Davis and Dr. Sharon R. Stocker, a husband-and-wife archaeologist team at the University of Cincinnati believe that the trove of treasures discovered in the prestigiously preserved grave of an ancient Greek warrior in Pylos that they...