8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                Date of Report (Date of earliest event reported)
                                 March 19, 2008

                             GLOBAL GOLD CORPORATION
             (Exact Name of Registrant as Specified in its Charter)

        Delaware                       02-69494                13-3025550
        --------                       --------                ----------
(State or other jurisdiction          (Commission                  (IRS
      of incorporation)               File Number)          Identification No.)


         45 East Putnam Avenue, Greenwich, CT                06830
       ----------------------------------------              -----
       (Address of principal executive offices)            (Zip Code)


      Registrant's telephone number, including area code (203) 422-2300

        (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act
   (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
   (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))



Item 8.01 Other Events

On March 19, 2008, the Company issued a press release announcing Defoe Capital
Ltd. has initiated coverage of the Company with a Speculative Buy and 12-month
upside potential of $1.32 per share.


A copy of the Company's press release is furnished as Exhibit 99.1 to this
Current Report on Form 8-K and incorporated herein by reference.















Item 9.01 Exhibits


  Exhibit No.       Description

  99.1              Press release of Global Gold Corporation dated
                    March 19, 2008, announcing Defoe Capital Ltd. has initiated
                    Coverage of the Company.



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.

                             GLOBAL GOLD CORPORATION

                  Dated: March 20, 2008         Global Gold Corporation

                                                By: /s/Van Z. Krikorian
                                                    -------------------
                                                Name: Van Z. Krikorian
                                                Title: Chairman and Chief
                                                Executive Officer

EX-99

                                                                Exhibit No. 99.1


      GLOBAL GOLD ANNOUNCES INITIAL ANALYST COVERAGE BY DEFOE CAPITAL LTD

Greenwich, CT-- March 19, 2008 - Global Gold Corporation (OTCBB-GBGD) is pleased
to announce that Defoe Capital Ltd. has initiated coverage of the Company with a
Speculative Buy and 12-month upside potential of $1.32 per share.

Research coverage on the Company was initiated by analyst Veronika Karapetyan.
The research report is being made available to the public for no charge on the
Company's website as well as Defoe Capital Ltd's website,
www.defoecapital.com/gbgd.html . No monetary payments were received by Defoe
Capital Ltd from Global Gold Corporation or any other parties for the creation
and dissemination of research reports related to Global Gold Corporation.

Global Gold Corporation, an international gold mining, development and
exploration company with properties in Armenia, Chile and Canada, is committed
to building shareholder value and maintaining social and environmental
responsibilities. Minera Global Chile Limitada is a subsidiary through which
Global Gold does all of its business in Chile. Global Gold Mining LLC operates
in Armenia as a subsidiary of Global Gold Corporation. Global Gold Uranium LLC,
a wholly owned subsidiary of Global Gold Corporation, is engaged in the
exploration for and development of uranium deposits in the province of
Newfoundland and Labrador.

More information can be found at www.globalgoldcorp.com .

Defoe Capital is the global investment banking unit of Defoe Fournier & Cie.
focused on merchant banking, corporate advisory, capital markets, real estate
and fund management. With over 75 associates worldwide, Defoe Capital serves
small and middle market companies looking for un-conflicting advice and
assistance on their most pressing issues. Dating back to Defoe Fournier & Cie.
roots first established in 1824, Defoe Capital adheres to the business
principles acquired over more than 180 years of heritage. Defoe Capital is
partly owned by its investment bankers / partners, enabling them to take an
owner's approach to business.

More information can be found at www.defoecapital.com .

To the extent that statements in this press release are not strictly historical,
including statements as to revenue projections, business strategy, outlook,
objectives, future milestones, plans, intentions, goals, future financial
conditions, future collaboration agreements, the success of the Company's
development, events conditioned on stockholder or other approval, or otherwise
as to future events, such statements are forward-looking, and are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. The forward-looking statements contained in this release are subject to
certain risks and uncertainties that could cause actual results to differ
materially from the statements made.


Contact Information:

Andrew Barwicki, Investor Relations
203-422-2320