Latest News from Greece
Transactions with cards keep on rising
The value of card transactions in Greece in the first four months of the year totaled 5.5 billion euros, posting an annual 22 percent annual increase according to estimates by Cardlink presented at the Digital Finance Forum last week.
This came after a year when 320 million transactions carried out using credit and debit cards added up to some 19 billion euros.
Athens keeping eye on Balkan developments
In the wake of the recent ethnically motivated clashes in the Former Yugoslav Republic of Macedonia (FYROM) and the political changes in Albania, Greece is keeping a wary eye on developments in both neighboring countries.
Iconic WW2 US soldier was a Greek! (pics)
The name Angelos Klonis does not probably ring a bell to many people. But when you place a face to that name, you just might get hit by that moment of revelation. Angelos was the famous American hero featured on Life magazine’s cover during WW2. It is that rugged face of a man, looking alert with his cigarette hanging from his lip and rifle from his shoulder.
Volos man kills brother with frying pan
A 41-year-old man in Volos, central Greece, told police Monday that he had killed his 38-year-old brother early Sunday morning with repeated blows to the head with a frying pan.
According to reports, the man said the incident occurred at their home in the village of Fitoko, and that they had both been under the influence of alcohol.
Greece, China launch cultural exchange year in Athens
Greece and China have officially inaugurated the China-Greece Cultural Exchanges and Cultural Industry Cooperation Year in Athens, in an effort to enhance bilateral relations.
Tsipras divorced from reality, ND says
New Democracy on Monday accused Alexis Tsipras of being divorced from reality after the left-wing prime minister hailed his government's efforts in protecting Greece's labor sector.
"Some degree of humility and some degree of contact with truth and reality will do no harm," the conservative opposition said in a statement in reaction to the prime minister's May Day statement.
Tsipras: Gov't aims to heal 'social wounds' from crisis
Despite the economic straitjacket imposed on Greece by its foreign creditors, the left-led administration has made significant steps in enforcing labor regulations and clamping down on undeclared work, Prime Minister Alexis Tsipras said Monday in a statement to mark May Day.
Greek American miners in shadow of Ludlow Massacre of the sacrifice of Louis Tikas
In the late 1800s and early 1900s, coal miners used candles to make their way deep underground through the mines, a dangerous practice because of the highly explosive nature of coal dust.
The 1929 funeral of Chris Melonakis’ grandfather, who died from an infection 10 days after unsanitary dental work. He worked in the mine until the day before he died.
Police search for suspects after robbery of elderly couple in Katerini
Police are looking for three suspects who robbed an elderly couple inside their ground floor apartment in Katerini, in northern Greece, on Monday.
The robbers, who had their faces covered to avoid identification, broke in through a window and tied up the man and woman, both in their 70s, before making off with 1,500 euros.
No more details were available.
Greeks mark May Day with strike, demos against fresh cuts
Greek trade unions marked May Day with a 24-hour nationwide strike and protests against looming new cuts demanded by the country's creditors in return for bailout cash.
Thousands protest in Athens as bailout talks resume
Several thousand protesters gathered outside Greece's parliament to mark May Day, and unions braced for more austerity measures imposed by bailout lenders.
Two large union-organized rallies are planned in Athens on the holiday, with employees at many public services nominally on strike.
BP says Caspian gas pipeline's Georgia section ready by mid-2018
BP plans to complete by mid-2018 the Georgian section of a $40-billion strategic pipeline bringing Caspian gas from Azerbaijan into Europe, the British energy company's country manager for Georgia said.
Berlin eyes compromise with IMF, report says
German Finance Minister Wolfgang Schaeuble is eyeing a compromise with the International Monetary Fund over Greek debt relief ahead of federal elections in September, Die Welt newspaper reported over the weekend.
According to the report, Schaeuble has asked ministry officials to outline a possible agreement with the Washington-based Fund on Greek debt restructuring.
May Day protests held in Athens
Workers hit by lower living standards and high unemployment are expected to take part in May Day protests staged in Athens and other cities on Monday.
Greece's umbrella unions, the private sector's GSEE and the public sector's ADEDY, are organizing a rally at 11 a.m. in central Athens. It will start at Klafthmonos Square and end in front of Parliament on Syntagma Square.
Old player Varoufakis stages a comeback
He has been admired and criticized, even ridiculed, like few other public figures in Greece; he returned to Greece from various academic posts abroad to become an economic advisor to then- Prime Minister George Papandreou at the beginning of the Greek financial crisis in 2004; yet he eventually turned into a harsh critic of his policies.