Greece News 2014


Lanthimos's The Lobster wins Jury Prize at Cannes
24/05/2014 21:59
The Lobster, directed by Yorgos Lanthimos, has won the Jury Prize at this year's Cannes Film Festival.French film Dheepan won the top Palme d'Or prize for director Jacques Audiard at the 68th edition ...
Berg brace gives Panathinaikos four-point lead
24/05/2014 22:17
By George GeorgakopoulosPanathinaikos beat Atromitos on Sunday and took advantage of the goalless draw between PAOK and Asteras Tripolis to open a four-point gap from PAOK at the top of the Super Leag...


Greek gov't drafting multi-bill after overhauling negotiating team
27/04/2014 00:00
The government on Monday announced a shake-up of the team negotiating with the country’s international creditors, after Finance Minister Yanis Varoufakis came under fierce criticism from his eurozon...


Crete store owner attacked at work by bat-wielding assailants
20/02/2014 20:25
A businessman, whose identity was not made public, was being treated in a hospital in Iraklio, Crete, on Friday after being attacked at work by three assailants wielding wooden bats.According to polic...
Listed Plaka building got green light to become hotel
20/02/2014 20:33
A listed building in the historical district of Plaka may be transformed into a hotel according to a decision taken by the Environment Ministry under the previous government and made public recently.B...
Tense bourse session ends in mixed picture
20/02/2014 20:33
Greek stocks ended a tense day on Friday with mixed results but trading volume was significant for yet another day, as all eyes were fixed on negotiations in Brussels.The Athens Exchange (ATHEX) gener...
Two more die of flu, raising toll to 58
20/02/2014 20:37
Two more people died on Friday from complications brought on by flu, taking to 58 the total number of deaths this season, according to the Greek Center for Disease Control and Prevention (KEELPNO).Thi...
Prosecutors' union calls for police guards
20/02/2014 20:38
The prosecutors’ union issued a statement on Friday calling for the government to ensure that all judicial officials have adequate police protection after Alternate Minister for Citizens’ Protecti...


Loeb-backed Cypriot bank chief sees opportunity in chaos
01/12/2014 08:47
By Maria PetrakisHellenic Bank Pcl, the Cypriot bank controlled by hedge-fund manager Daniel Loeb and online games developer Wargaming Pcl, sees opportunity in chaos to expand and seize market share f...
Innovation hatching in Greece amid slow economic revival
01/12/2014 08:55
By Sophie MakrisA taxi-tracking tool, a head-hunting engine and a vertical gardening company -- all business startups that have paradoxically emerged from a Greek economy long in the doldrums.Faced wi...
Minister, parties support hunger striker's right to study from prison
01/12/2014 09:32
Education Minister Andreas Loverdos has declared himself in favor of prisoners being allowed to study as anarchist and convicted bank robber Nikos Romanos enters a fourth week of hunger strike in prot...
Greece sends proposals to troika in hope of breaking review deadlock
01/12/2014 10:22
The Greek government is expecting a response from the troika at the beginning of this week after sending proposals on Sunday morning aimed at unblocking the stalled review of the country’s program.T...
Five arrests for baby trafficking in Kozani
01/12/2014 10:48
Five people – three Greeks and two Bulgarians - have been arrested in Kozani, northern Greece, for baby trafficking.The arrests came after authorities’ suspicions were raised when a 23-year-old Bu...


Opening hours on the agenda
01/11/2014 12:30
An earnest discussion has finally started over whether Greek retail stores should be allowed to open every Sunday of the year instead of the current seven that have been assigned as part of measures t...
Checks and balances
01/11/2014 12:31
By Nikos XydakisThe most interesting thing to emerge from a recent meeting of the Association of Judges and Public Prosecutors – at least as far as what made it into the press was concerned – was ...
An Authentic presentation of the Marathon race
01/11/2014 13:58
By George GeorgakopoulosAs Athens gears up for its Marathon on Sunday, November 9, a book published in English by Greek journalist Yiannis Mamouzelos explains why the race on the course from Marathona...
Child charity to donate emergency units to EKAV
01/11/2014 16:37
Smile of the Child plans to donate three mobile postnatal and infant units to the EKAV emergency medical assistance service, the charity group said Saturday.The announcement was made during a visit by...
Artemissio Tunnel on Corinth-Tripoli highway to close on Tuesday
01/11/2014 16:52
Authorities will conduct an emergency response drill at the Artemisio Tunnel, on the section of the national highway between Corinth and Tripoli in the Peloponnese, between 9 p.m. on Tuesday and 6 a.m...


Banks feel optimistic ahead of stress test results
01/10/2014 00:02
By Yiannis PapadoyiannisWith the announcement of the European Central Bank’s stress test results fast approaching, probably on October 26, Greek banks are pretty confident they will clear the hurdle...
Out-of-control unpaid bills bring PPC to its knees
01/10/2014 00:07
By Chryssa LiaggouPublic Power Corporation (PPC) is heading for a financial blackout as unpaid electricity bills are growing at an annual rate of 30 percent, having reached 1.7 billion euros at the en...
NBG Pangaea eyes listing on foreign bourse, huge portfolio
01/10/2014 00:12
Leading Greek property investment company NBG Pangaea is getting ready to spread its wings as it eyes the creation of a major portfolio worth up to 4 billion euros to be listed not only on the Athens ...
Air-raid sirens to go off all over Greece at 11 a.m. in drill
01/10/2014 10:55
Civil defense sirens are expected to go off all over Greece on Wednesday as part of the annual military and public warning exercise dubbed Parmenion after the Macedonian general of Philip II and Alexa...
Bending the rules
01/10/2014 11:18
The flexibility with which laws are implemented has been a fundamental cause for concern in Greece during the post-dictatorship era.Everything becomes a subject for negotiation, even in cases when the...


Don’t feed the zombies
01/09/2014 10:16
There can be no growth without resolving the issue of nonperforming business loans. However, the solution to this problem should not be based on old establishment criteria, such as political and other...
A great president
01/09/2014 10:17
By Alexis PapachelasI fully understand the country’s need for political stability, a necessity which makes the election of a president by the current Parliament absolutely imperative.At the same tim...
Fulham striker Mitroglou set to re-join Olympiakos
01/09/2014 10:46
Greek champions Olympiakos Piraeus are set to re-sign Kostas Mitroglou on loan from English second tier club Fulham after the striker arrived in Athens for talks on Sunday.An Olympiakos spokesman told...
Greek officials meet to fine tune strategy for Paris talks with troika
01/09/2014 11:15
Greek Prime Minister Antonis Samaras will meet with his coalition partner, PASOK leader Evangelos Venizelos, and Finance Minister Gikas Hardouvelis on Monday ahead of crucial two-day talks with repres...
Excavation work at Amphipolis reveals section of marble mosaic floor
01/09/2014 12:04
Excavation work at the site of Ancient Amphipolis, in central Macedonia, has revealed a mosaic of random while marble pieces against a red background, the Ministry of Culture has said.The mosaic, part...


Greece to help 'hundreds' of Chinese leave Libya
01/08/2014 00:06
With the violence in Libya escalating to its worst level since the 2011 ouster of dictator Moammar Gadhafi, governments from around the world are scrambling to evacuate their citizens from the country...
One win and one loss in Europa League
01/08/2014 01:40
By George GeorgakopoulosGreece had a hit and a miss in the first-leg games for the third qualifying round of the Europa League on Thursday, as Atromitos scored a 2-1 win at Sarajevo while Asteras Trip...
Greece evacuates embassy staff, foreign nationals from Libya
01/08/2014 12:14
Greece safely evacuated embassy staff and more than one hundred Chinese and European nationals from Libya early on Friday with a navy frigate sailing back to the Greek port of Piraeus, its Defense Min...
Greek exporters worried about impact of Russia sanctions
01/08/2014 13:26
The Panhellenic Exporters Federation (PSE) has warned the European Commission against the impact of European sanctions against Russia on Greece's exports.The European Union on Tuesday agreed to curb a...
Human rights watchdog criticizes decision to file Farmakonisi case
01/08/2014 14:03
Europe's top human rights official has criticized a decision by a Greek prosecutor earlier this week to shelve the investigation into the deaths of 11 immigrants who drowned during a controversial coa...


Coast guard rescues 50 migrants off Lesvos
01/07/2014 10:46
Coast guard patrols off the eastern Aegean island of Lesvos managed to rescue a total of 50 undocumented migrants in two separate incidents in the early hours of Tuesday.Both concerned rubber dinghies...
Banks and market rules
01/07/2014 11:01
Greece needs entirely privately owned banks if the country wishes to see its real economy return to growth.No one questions the state’s right to have its say when it comes to crucial issues in cases...
A great performance
01/07/2014 11:02
By Pantelis BoukalasSure it’s hard to stomach your national team getting knocked out of the World Cup on a penalty shot that didn’t make it into the net, but that’s no reason to follow the usual...
Greeks Gone West: George Kotsiopoulos
01/07/2014 11:24
Greeks Gone West is a series of video vignettes the US Embassy in Athens made about the world of work in the US. Through the prism of Greeks and Greek-Americans with interesting work lives, we hope to...
Greece's OTE telecom offers to buy Forthnet's pay TV unit
01/07/2014 12:00
Greek telecoms company OTE said on Tuesday it had submitted a non-binding offer of 250 million to 300 million euros to acquire rival Forthnet's pay TV operations."OTE's non-binding offer is within the...


Greece seeking bidders for bln-dollar airport on Crete
18/06/2014 22:14
Chinese, French, German and Spanish firms are vying to build an 800-million-euro airport on the island of Crete, one of a number of projects planned by Greece as it recovers from a recession, the infr...
‘It’s done. Cyprus back to the markets’
18/06/2014 22:16
Cyprus returned to international debt markets on Wednesday, just a little over a year after being forced to accept a 10-billion-euro bailout, with a five-year bond issue.Finance Minister Harris Georgi...
Chinese premier to sign deals in landmark visit
18/06/2014 22:20
Chinese Premier Li Keqiang is due in Athens on Thursday for a landmark three-day visit during which Greek and Chinese officials are expected to sign several key deals in the trade, energy and shipping...
Late buying spree halts losing streak
18/06/2014 23:47
The sudden appearance of buyers at the end of Wednesday’s local bourse session turned things around for the benchmark, granting it gains of nearly 1 percent and putting an end to five consecutive da...
Gov’t eyes heating oil tax cut
18/06/2014 23:49
By Prokopis HatzinikolaouThe government will submit a request to its creditors in September for the reduction of the special consumption tax on heating oil by 15 to 20 percent. If they consent, the fi...

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