News archive of April 2018

Greece's "calm and composed" manner has possibly averted unpleasant developments in Greek-Turkish relations, Foreign Minister Nikos Kotzias has said.

"There is nothing that can be done about poor Greece. We are too poor. We have only a lot of rocks for sale. We can only exist on skillful borrowing." Sounds familiar? No, it isn't contemporary. It's a line from an unpublished novel by Lawrence Durrell, written in the 1960s but set in Greece in the early 1950s.

Greece wants to keep its primary budget surplus - the balance before debt servicing - at 3.5 percent of gross domestic product until 2022, a government presentation showed, signaling it expects the most generous of eurozone debt relief options.

The benchmark of the Greek bourse ended April with a monthly rise of 9.96 percent, reaching highs that were unseen in the last three months. Monday's climb came with an increase in turnover and alongside the decline of the Greek bond yields.

The Organization for Economic Co-operation and Development says Greece is on track to recover from its economic depression, but long-term growth prospects are modest and further reforms must be pursued.

OECD chief Angel Gurria says the Greek economy should grow 2 percent this year and 2.3 percent in 2019, as the country heads out of an eight-year financial crisis.

A Turkish helicopter and three pairs of F-16 fighter jets violated Greece's national air space on several occasions on Monday and entered the Athens Flight Informational Region.

They were chased off by Greek air force pilots, who had to engage in mock dogfights in two instances, the state-run ANA-MPA news agency reported.

The chief of the Hellenic National Defense General Staff, Admiral Evangelos Apsotolakis, is traveling to the United States on Tuesday for a three-day visit.

Apostolakis's trip is part of ongoing contacts between Greece and US, and he will be meeting with his American counterpart, Joseph Dunford, in Washington DC.

Twenty years have gone by since Constantine Karamanlis's passing and one thing remains clear: He was a true political leader who gained the respect of the the Greek people and of whom New Democracy is proud.

Ludogorets' team has become champion of Bulgaria for the seventh consecutive year! This happened after today's loss of CSKA Sofia with 1:2 from Botev (Plovdiv). Four rounds before the end of the season the Eagles lead 13 points in front of the Reds and are unreachable at the top of the standings.

Marca - Barcelona have been crowned champions of LaLiga at Estadio Riazor with four games still left to play on the league calendar.The title, combined with the Copa del Rey, represents the club's eighth double in their history, with Ernesto Valverde and his players writing their names into Blaugrana legend with a level of domination that has never been matched before.Nobody has been able to co