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Greece

U.S. and Cyprus Reaffirm Strong Partnership

Washington and Nicosia reaffirmed their strong partnership during Thursday’s meeting at the White House between US Vice President Mike Pence and Cyprus President Nicos Anastasiades. A readout of the VP’s meeting with Anastasiades said that Pence “underscored U.S. support for...

Greece Signs Multilateral Convention to Prevent Tax Avoidance, Double Taxation

Greece joined 76 other countries and territories in signing on Wednesday the "Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting” (BEPS), on the sidelines of the Organisation for Economic Co-operation and Development’s...

Greek Defense Minister: United States Is Our Only True Ally

"The United States is our only true ally," said Greek Defense Minister Panos Kammenos on Thursday, on the occasion of the 70th anniversary of the Office of Defense Cooperation. Kammenos spoke at the Hellenic Army Officers Club in Athens, addressing...

Capital Link Forum Addresses Corporate Social Responsibility

The 7th Annual Capital Link Corporate Social Responsibility Conference held in Athens on Thursday gathered an esteemed crowd of about a 1,000 attendees. The conference was entitled "Investing in Development -- The New Face of CSR" and was held...

The Establishment of the Social Security Institution in Greece

The Social Security Institution (IKA) was established by law in June 8, 1932 as a socio-economic necessity at a time when Greek society was oscillating by an unstable political situation and the aftermath of hundreds of thousands of refugees...

Euro Working Group Head Thomas Wieser Labels IMF Demands 'Ridiculous'

In an interview with Austrian newspaper "Salzburger Nachrichten," Euro Working Group Head Thomas Wieser expressed his positive outlook for Greece in the upcoming June 15 Eurogroup and at the same time didn't hesitate to label the excessive demands of...

World Oceans Day in Greece: How You Can Get Involved to Help Our Seas

June 8 is World Oceans Day and the citizens of many counties around the world are celebrating this day by creating and attending events in person as well as online that revolve around our seas. Greece is a country that...

Time to Proceed to the Disbursement of the Next Tranche to Greece, Dombrovskis Says

"It is time to proceed with the disbursement of the next loan tranche to Greece," the European Commission vice president Valdis Dombrovskis said on Thursday. Asked on the implementation of the prior actions, he said that it is satisfactory...

Greek Unemployment Rate Falls to 22.5% in March

The Greek unemployment rate eased to 22.5 pct of the workforce in March this year, from 22.9 pct in February and 23.8 pct in March 2016, Hellenic Statistical Authority said on Thursday. The statistics service, in a monthly report, said...

Police Announce Colombian Drug Cartel Is Behind Hospital Heists in Greece

Four members of a Colombian drug cartel were behind the thefts of expensive medical instruments used in gastrointestinal examinations from four Greek hospitals in May, police announced on Wednesday. Greek authorities said that they have so far identified three...