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) December 7, 2006

                             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 133-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))


Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.

At its December 7, 2006, meeting, the Board of Directors unanimously elected
Retired United States Ambassador Harry Gilmore as a director, effective January
1, 2007.



Item 8.02 Other Events.

The information provided in item 5.02 is incorporated herein by reference. In
addition, in a press release issued December 8, 2006 the Company announced
Ambassador Gilmore's election as a director.


Exhibit No.

99.1 Press Release

           Global Gold Names Ambassador Harry Gilmore (Ret.) to Board



Greenwich,   CT--December  8,  2006  --Global  Gold   Corporation   (OTCBB-GBGD)
(www.globalgoldcorp.com) today announced that former United States Ambassador to
Armenia Harry Gilmore was elected as an independent  director  effective January
1, 2007. "It is a real pleasure to welcome  Ambassador Gilmore to our board; his
experience, record of accomplishment and integrity exemplify the best standards.
As Global  Gold  continues  to grow,  we look  forward  to  benefiting  form his
insights and guidance," said Board chairman Drury J. Gallagher.

Ambassador Gilmore is a retired Foreign Service Officer. In his thirty-five year
career in the United States Foreign Service, Ambassador Gilmore held a number of
senior  positions.  He served as the first U.S.  Ambassador  to the  Republic of
Armenia from May, 1993 to July, 1995. His other senior positions included Deputy
Commandant for International Affairs, U.S. Army War College (1991-1992) and U.S.
Minister and Deputy  Commandant  of the  American  Sector,  Berlin  (1987-1990).
Following the  reunification of Germany,  he served as Principal  Officer of the
U.S. Embassy Office, Berlin (1990-1991).

Earlier in his Foreign  Service  career Mr.  Gilmore  served as Deputy  Chief of
Mission,  U.S.  Embassy,  Belgrade  (1981-1985) and Director,  Office of Central
European Affairs, U.S. Department of State. His other overseas postings included
Munich,  Moscow,  Budapest and Ankara.  Mr.  Gilmore's  final  assignments  as a
Foreign  Service  Officer were devoted to the  education and training of Foreign
Service and other U.S. Government  personnel assigned abroad. He was Dean of the
Senior Seminar at the Foreign  Service  Institute  (1996-1997)  and Dean of Area
Studies (1995-1996).

Mr. Gilmore  received a B.A.  degree from the  University of Pittsburgh.  He did
graduate work in Russian and East  European  studies at Indiana  University  and
George  Washington  University.  Ambassador  Gilmore is married to Carol  Louise
Kunz.  They are both from Clairton,  Pennsylvania.  They have three children and
five grandchildren.

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.  Former Soviet country  estimations  are
presented for historical  reporting and to provide a basis for assessing  Global
Gold's  choices  for  its  business  activities  and  not  to be  understood  as
indicating the existence of reserves or resources.

Global  Gold  Corporation  is an  international  gold  mining,  development  and
exploration  company  currently  with mining  properties  in Chile and  Armenia.
Global Gold  Corporation  is located at 45 East  Putnam  Avenue,  Greenwich,  CT
06830. The main phone number is  203-422-2300.  More information can be found at
www.globalgoldcorp.com.




                                   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.





Dated: December 8, 2006,                  Global Gold Corporation

                                        By: /s/Drury J. Gallagher
                                            ---------------------
                                        Name:  Drury J. Gallagher
                                        Title: Chairman, Chief Executive
                                               Officer and Treasurer