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Greece

Greek Banks Propose Tax on Cash Withdrawals to Curb Tax Evasion

Greek banks have proposed taxation of cash withdrawals so that Greeks make more electronic transactions as a measure to curb tax evasion. The proposal is sent to the ministry of finance for further review, the basic idea being that it...

OECD Reports: Greek Economy Has Rebounded Second Half of 2016

Economic growth has rebounded in the second half of 2016 and it is projected to gain strength in 2017 and 2018 as structural reforms start to bear fruit; the conclusion of a policy review with creditors raises business and...

Dombrovskis: Greek Debt Measures on Agenda at December 5 Eurogroup Meeting

"We can expect the conclusion of the second program review in the foreseeable future," European Commission Vice-President for the Euro and Social Dialogue Valdis Dombrovskis said on Monday in Brussels, stressing the "significant progress" that had already been achieved. Asked on...

Fire Causes Damage at Nea Kavala Migrant Center, No Injuries Reported

According to sources, on Monday morning in northern Greece a fire broke out in a migrant reception center in Nea Kavala, Kilkis. Officials are not sure how the fire began at around 6 a.m. and are looking into possible causes...

11,801 Refugees and Migrants Recorded on Northern Aegean Islands on Monday

Migrants and refugees flow to the island of Chios posted a significant increase in the last three days in comparison with the islands of Lesvos and Samos. One hundred and fifty-three persons arrived on Chios, 53 on Lesvos and only...

Greece Is Top Pick for Armenian Tourists in 2016

According to the ministry of economic development and investments, Armenians increased their tourism abroad from January to September 2016 by 3 percent year-to-year. The interim chairperson of Armenian state tourism, Zarmine Zeytuntsyan, told the Armenian News Agency that the preference of Armenians is...

Refugee Soccer Team to Compete in the Greek League [video]

There are more than 3,200 refugees living at the container migrant camp at Skaramagas, just west of Piraeus near Athens and now thanks to the help of a local NGO, a group of talented athletes have formed a new...

PM Tsipras to Depart for Cuba on Monday Evening

Greek Prime Minister will travel to Cuba on Monday to attend a memorial service in honor of Fidel Castro. The event, that will be attended by global leaders, will take place at Plaza de la Revolucion. Tsipras' meetings with EU Commissioner...

11/27/2016: Latest Greek Super League Results with Video

Defending champion Olympiakos has seen its streak of 29 home wins in the Greek league end after being held 0-0 Sunday by midtable Kerkyra. Olympiakos failed to score in a home league game for the first time since March 2014. The...

FM Kotzias: We Insist on Full Withdrawal of Turkish Troops from Cyprus

"Some want to create a rift between Cyprus and Greece and the easiest way is to undermine the Greek foreign policy" said Foreign Minister Nikos Kotzias referring to the recent attacks against him after the collapse of the negotiations...