greece news
Business
Tourists Will Not Be Visiting Greek Camping Sites This Year
Occupancy rates in organized camping sites across Greece have shown a dramatic decrease this year and owners claim they will not have enough time to recover from the two previous slow months. According to Greek media, in an attempt to...
Economy
Greek Energy Minister Rules Out Privatization of Independent Power Transmission Operator
Greek Productive Reconstruction, Environment and Energy Minister Panos Skourletis ruled out the privatization of Greece's Independent Power Transmission Operator (ADMIE) and stressed that the company will remain under state control, ensuring equal access to all energy producers.
Negotiations between Skourletis'...
Economy
87% of Tourism Revenue Stays in Greece
Approximately 87% of total incoming tourist revenue stays in Greece, a survey by the Center of Planning and Economic Research (KEPE) showed on Tuesday.
The survey, drafted for the Association of Greek Tourism Enterprises (SETE), noted the importance of tourism in national...
Greece
Greece's New Democracy Leader: 'We Will Try to Improve the Bad Agreement Reached'
Greek main opposition New Democracy leader Evangelos Meimarakis stressed on Tuesday the need for shedding light into the Varoufakis case adding that Prime Minister Alexis Tsipras should have been aware of such important matters.
"They should have informed us that the Plan...
Economy
Greek Tax Inspectors Find 210 Violations in 10 Days, Shoppers Checked for Receipts
In an effort to crack down on tax evasion during the high tourist season, Greek tax officials carried out 568 checks in Piraeus, the Cyclades islands and Crete, and discovered 210 violations.
The violations were found in the July 17 to...
Greece
UEFA Champions League: Panathinaikos vs Club Brugge 2-1
Panathinaikos F.C. made a solid start to their new season on Tuesday evening.
The Greek team won the game against Belgian Club Brugge K.V. 2-1 in the first leg of the third qualifying round for the 2015-2016 UEFA Champions League,...
Economy
European Commission Denies Varoufakis' Accusations of Controlling Greece's Tax Agency
The European Commission flatly denied on Tuesday claims by former Greek Finance Minister Yanis Varoufakis that creditors monitoring Greece's bailout also control the country's tax agency.
The Former Minister also blamed the Eurozone's structure and policies for Greece's large sovereign...
Environment
Larissa Goes 'Green' With First Wooden Solar-Powered Charging Bench
Dimitris Chaidas, an industrial designer and lab assistant at the Technological Educational Institute of Thessaly in Karditsa, Greece, has designed the first wooden solar-powered charging bench.
Chaidas' innovative creation, having a small but powerful photovoltaic system on its roof, can charge smartphones, tablets and other...
Greece
Greek Finance Ministry Lifts Some Online Transaction Restrictions
After a month of capital controls in Greece, the country's Finance Ministry has lifted some transaction restrictions. Among the most significant ones is the reinstatement of online transactions with foreign companies.
Greek cardholders will now be able to use debit and credit cards for internet...
Economy
Supreme Court Brings Lawsuits Against Varoufakis to Greek Parliament
Greece's Supreme Court forwarded two lawsuits filed by Greek citizens against Yanis Varoufakis to parliament, which must now decide whether the former Minister's immunity should be lifted so tha he can stand trial.
The lawsuits were filed by Stylida Mayor and "Teleia" party...