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Cyprus rating gets junk status

Cyprus’ sovereign debt has been slashed to junk status by the ratings agency Moody’s, due to heavy bank exposure to the Greece’s struggling economy.

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German funds for Ptolemaida electricity plant

More than half of the funding for the construction of Public Power Corporation’s new lignite unit at Ptolemaida, western Macedonia, will come from Germany.

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Venizelos to step down as finance minister

“Once I take over at the helm of the biggest party in parliament, I will have to devote myself to these new duties”. These words belong to current Finance Minister Evangelos Venize

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Greece presses charges over alleged 2008 Karamanlis plot

A Greek prosecutor pressed charges of treason and trying to destabilise the country against unknown suspects this week over an alleged 2008 plot to overthrow the then-conservative

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Funding approved

The International Monetary Fund on Thursday approved 28 billion euros in funding for Greece over the next four years.

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Tastes of Greece festival

A Greek experience not to be missed will be had by all in Woden, Canberra as the Hellenic Club showcases the best of Hellenism for the Tastes of Greece Festival.

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Enosi festival divides community

The organisers of the Enosi Festival, that was held in Melbourne last weekend, have condemned the Australian Macedonian Advisory Council (AMAC), and supporters of, for boycotting a

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Unionists call to unite against severe austerity

Leaders and representatives from the Greek Community and some of the largest trade unions in Australia have sponsored a joint statement in support of the rights of Greek workers an

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‘Greeks and health’ survey launched

An RMIT University research project is examining health attitudes and behaviour in Melbourne’s Greek community, one of Australia’s largest and rapidly ageing demographic groups.

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Federal MPs get Greece update

Bilateral relations including migration and trade ties discussed.

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