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Greek Investors Take On Nairobi

The first Investment and Greek Business Mission in Nairobi is taking place Sept. 14-19 organized at the initiative of the Honorary Consulate of the Republic of Kenya in Greece. The mission is headed by the deputy Minister of Development and...

Greece Mulls Lifting Home Seizure Ban

Despite a lingering economic crisis, the coalition government led by Prime Minister and New Democracy Conservative leader Antonis Samaras wants to lift a ban on repossession of homes of people who can't afford to pay mortgages with their pay...

Kefaloyiannis Says Tourism Can Save Greece

In an interview with the German newspaper Der Handelsblatt, Greek Minister of Tourism Olga Kefaloyiannis  said tourism is a "National Case" to help save Greece from a crushing economic crisis caused by decades of wild overspending and packing public...

Merkel Tells Germans: Take Greek Holidays

She's known to many Greeks beleaguered by austerity measures that she supports as an enemy, but German Chancellor Angela Merkel is advising Germans that they should take vacations in Greece this year. That came as tourism bookings from Germany are...

More Sunday Openings for Greek Stores

Facing a bleak Christmas and holiday period as workers await more pay cuts and tax hikes, Greek retailers will be allowed to open on two Sundays – Dec. 23 and Dec. 30 – and next year will have four...

Greece Freezes Foreclosures, No Help on Loans

As Greek Prime Minister Antonis Samaras’ coalition government plans to recapitalize the country’s banks with a $64 billion injection, it is also going to freeze home foreclosures in 2013, but has offered beleaguered consumers no help, although many can’t...

Tax Evasion Plan: No Receipt, No Pay

In a bid to slow runaway tax evasion, Greece’s Development Ministry is ready to set forth a regulation that would customers who are refused receipts as bars, restaurants, shops and for service to have their food, drink, goods or...