Greece
Economy
Greek FinMin: Deal with Lenders Possible by August 20
Greek Finance Minister Euclid Tsakalotos said on Tuesday that based on the progress of the negotiations with Greece ’s lenders, an agreement could be achieved by August 20.
Speaking after the completion of the first part of the negotiations with...
Economy
Deposits in Greek Banks Rise Over Past Two Weeks
The Greek banking system could be slowly regaining some pace.
Bloomberg reported on Tuesday that since Greek banks reopened on July 20, customers have deposited 1 billion euros in the country's banks.
The news agency cited an anonymous senior official at the Bank of Greece who...
Education
The Greek Aegean University Could Soon Enroll Refugees
With the Greek Aegean islands, having received an unprecedented number of migrants and refugees in 2015, most of them hailing from Syria, the Greek Aegean University is considering enrolling refugees in its various departments.
Aegean University Dean Stefanos Gritzalis told ProtoThema...
Economy
Report: Surge in New Debit Cards in Greece Since Capital Controls
The capital controls that are in effect in Greece as of June 28 and the three week closure of Greek banks, have caused a significant shift in how Greeks make their transactions.
According to Bloomberg, since June 28 1 million debit cards...
Greek News
Greek Students Stand Out in Astronomy Olympiad
The Greek team claimed third place in the 9th International Olympiad of Astronomy and Astrophysics (IOOA).
High school students Antonis Valmas of Anavryta Experimental High School won the bronze medal while Girogos Papaxatzakis 2nd Mantoulidi Institutions Thessaloniki High School received an...
Greece
Refugees Relocating from Athens Park to Greek Housing Facility
Athens municipality granted access to a housing facility in Elaionas, in western Athens, so that the government can temporarily relocate the refugees who are currently camping at Pedion to Areos.
In communication the State Minister Alekos Flabouraris, George Kaminis, the mayor...
Economy
Mature Pension Rights will Not be Affected, Say Labor Ministry Sources
Pension rights which have been secured by June 30, 2015 will not be affected by the new agreement between the government and Greece’s lenders and this is something which the institutions have accepted, Labor ministry sources said, after a...
entertainment
Acropolis Museum Celebrates August Full Moon with Tango
The Acropolis Museum, Athens, Greece, is celebrating August full moon on August 29 (Saturday) with the music and dance event “Tango Acropolis,” according to a press release.
For the event, the museum’s courtyard will turn into a dance floor where...
Economy
Greek Markets Down Again
Greek stocks were down 4.5% in early trade today, dragged down by another near 30% plunge in banking stocks, a day after sustaining record losses when the bourse opened following a five-week shut down.
The main Athens index lost 16.2%...
Business
Greek Companies Lose 85% of Their Value Since 2007
A lot has changed between 2007 and 2015. One of the major changes in the economic sector was the average price of Greek companies, which changed a lot in just a matter of eight years.
The Independent noted a dramatic...