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Inaugural Alternative Tourism Expo in Nafpaktos over the weekend

More than 90 pavilions and a robust presence of hosted buyers from nine countries were on hand for the opening of the inaugural Nostos Greek Alternative Tourism Expo on Friday in the coastal resort town of Nafpaktos, in south central Greece. The exhibition, which was set to run until Monday, is organized by the local […]

Kythnos: Priceless archeological treasures remain in storage

Scores of rare ancient artifacts, such as gold and silver jewelry and pottery have been found in the Vryokastro area on the island of Kythnos, however everything remains stored in boxes, since there is no archeological museum on the island. The ancient artifacts were discovered by professor of Classical Archeology at the University of Thessaly […]

Unidentified man’s body washes up on Vouliagmeni beach

A fisherman discovered the body of an unidentified man washed up at Limanakia in Vouliagmeni early on Wednesday morning. The victim appears to have been between 30 and 35 years old and has various injuries on the head. Curiously, the man has burn marks on his face, suggesting that the culprits attemtped to hide their […]

White House: Greece genuinely committed to reform implementation

The spokesperson for the White House Josh Ernest commented that Greece has show ‘genuine commitment’ in the implementation of key economic and fiscal reforms, during the G7 summit meeting in Japan. According to Ernest “Greece and the other members of the EU have made important progress in both offering up needed support to the Greek […]

German FinMin Schaeuble feels more optimistic over Greek economic recovery

Greece is recovering faster than expected, German Finance Minister Wolfgang Schaeuble said on Monday (30/05) and expressed his optimism over the country’s prospects. Schaeuble, who was speaking at a conference on the sustainability of Germany’s fiscal condition, said that now he is more optimistic over Greece’s economic growth. He stated that the crises may bring […]

Technical colleges walk out of education talks

Technical colleges (TEIs) announced on Saturday that they will no longer take part in the so-called “dialogue for education,” a series of discussions between the government, opposition parties and representatives of the tertiary education system. The technical colleges said they are quitting the process because they object to the way that the government plans to […]

100,000 migrants ‘crossed Mediterranean to Europe in 2016’

More than 100,000 migrants and refugees have crossed the Mediterranean to Greece and Italy so far this year, and 413 have lost their lives trying, the International Organisation for Migration said Tuesday. As of Tuesday morning, 102,547 people had arrived in Greece, while another 7,507 had arrived in Italy since the beginning of the year, […]

State budget net revenue 10.4% above targets in January

The Ministry of Finances has announced that the State budget net revenue totaled 4.219 billion euros in January, up 10.4% from targets, while regular budget net revenue amounted to 3.654 billion euros, down 0.2% from budget targets. The Ministry also announced that tax returns totaled 296 million euros in January, about 49 million euros short […]

Famers plan to camp at Syntagma square for 3 days

Greek farmers decided on Sunday to harden their stance and escalate their protest actions by blocking the roads for more hours per day and by driving their tractors to Athens on Friday. The representatives of 68 road blocks throughout Greece met at Nikaia, Larissa on Sunday to discuss how to coordinate their action and said […]

Posidonia shipping fair poised for new records in June

Posidonia 2016 is on course to be the biggest ever despite unfavorable market conditions such as plummeting oil prices and slowing economic growth in key economies and especially China. With floor space demand at unprecedented levels, the organizers of the world’s most prestigious shipping trade event expect to break the records set at Posidonia 2014 […]

Government seeks more transparency in party finances

The government is exploring measures to increase transparency in the funding of political parties, amid growing pressure from international creditors and authorities at the European Commission. The measures being mulled include more oversight of political parties’ finances, tougher terms for loans from banks and stricter regulations regarding private donations. The General Secretariat Against Corruption has […]

Six in 10 births in Greece are via C-section

Around six in 10 women who give birth in Greece do so via cesarean delivery, compared to an average of 25 percent in the 28-member European Union, an assessment by medical experts has indicated. Specifically, between 50 and 70 percent of women who give birth in Greek hospitals have C-sections, experts say. Recent research showed […]

Athens Stock Exchange opening: Rise

Equity prices were rising on Tuesday on the Athens Stock Exchange (ASE), with the basic share price index up 0.42 percent, standing at 637.51 points at 11.00 am and turnover at 3.65 million euros. The FTSE/ASE Large Cap index for blue chip and heavily traded stocks was up 0.46 percent and the FTSE/ASE Mid Cap […]

Refugees find safe haven at Symi

“We do not want to be seen like ‘foreigners’ who came here to tell you how to do things. We came here to listen and, if possible, offer some help.” For Ian Leckie, it is crucial to keep this in mind: “Reports in the British press on campaigns like this one tend to take on […]

Koumoutsakos presses charges against unknown assailants

New Democracy MP Giorgos Koumoutsakos on Friday pressed charges against the unknown individuals that assailed him outside Parliament on Thursday evening, during a Pontic Greeks’ rally in Syntagma to protest against statements made by Education Minister Nikos Filis. The former minister filed a suit with the first-instance court prosecutors department in Athens, also supplying photographs […]

ATHEX: Banks lead stock decline

Traders cashed in recent gains, mainly from bank stocks, during Thursday’s session, after which most stocks ended lower. The Athens Exchange (ATHEX) general index closed at 715.77 points, shedding 1.60 percent from Tuesday’s 727.38 points. The large-cap FTSE 25 index contracted 1.15 percent, ending at 215.33 points. Banks fell 5.67 percent, led by Alpha Bank […]