Latest News from Greece

Returning to the paths of faith on Mount Athos

"What do I like about Mount Athos? The people, to begin with. There's the landscape, of course, which is unique. And the smells. Like the smell of the refectory, which I remember from my first visit as a child.

Earthquake Measuring 4.9 on the Richter Scale in Greece

An earthquake measuring 4.9 on the Richter scale was registered in Greece last night. The epicenter of the earthquake was in the Aegean Sea, 95 kilometers southeast of Thessaloniki.

The National Institute of Geophysics, Geodesy and Geography (NIGGG) said the earthquake was not felt in Bulgaria.

IMF's Thomsen proposes broadening the Greek tax base

Poul Thomsen, director of the International Monetary Fund's European department, on Friday spoke in favor of a broadening Greece's tax base though he stopped short of determining whether the IMF would call for reductions to the tax-free threshold (due to come into effect in January 2020) to apply a year in advance. 

UNICEF cuts Greek branch citing financial irregularities

The United Nations children's agency on Friday announced its decision to terminate its relationship with UNICEF's Hellenic National Committee after an audit prompted by reports from top-level economic officials at the local branch of irregularities in its finances.

High marks in retail market deregulation for Greece

Greece has caught up with the majority of its European Union peers in terms of lifting restrictions in retail commerce, rising to 11th among the bloc's 28 member-states in the sector's deregulation chart.

Ankara ups ante over eight Turkish officers

Turkish Prime Minister Binali Yildirim on Friday responded sternly to a Greek court decision releasing one of eight Turkish servicemen seeking asylum in Greece, declaring that the country was becoming a "safe haven" for Turkey's enemies.

Migrants transferred from Thessaloniki square to facility

Migrants who had been camping out in Thessaloniki's central Aristotelous Square since Thursday were transferred to a state-run reception facility in nearby Diavata by bus on Friday. The sight of migrants at squares in the northern city has become increasingly common amid a spike in arrivals from the Greek-Turkish land border.

AHI asks US Congress to oppose military assistance to Turkey

The American Hellenic Institute (AHI) submitted testimony on Friday to the appropriations subcommittee on state, foreign operations, and related programs of the House of Representatives over the Trump administration's foreign aid proposals for 2019.

Travel Fest | Athens | April 21 & 22

Greece's first festival dedicated to travel opens at the Dais Cultural Center on Saturday. From 11 a.m. to 8 p.m.

Greek 2017 primary surplus seen beating bailout target, says official

Greece achieved a primary surplus that exceeded 3.5 percent of gross domestic product last year, outperforming a target outlined under a financial adjustment programme for a third consecutive year, a government official told Reuters on Friday.

Based on guidelines of its bailout programme, Greece was to achieve a surplus of 1.75 percent in 2017 and 3.5 percent this year and next.

Extending Greece loan plan 'out of question'

The European Union has no plans to extend Greece's financing program beyond the planned August end date, EU Economic Affairs Commissioner Pierre Moscovici said on April 19.

Turkey eyes undoing of international treaties

The 1913 Treaty of London, the 1923 Treaty of Lausanne, the Convention between Italy and Turkey signed in 1932, and the 1947 Paris Peace Treaty leave no room to question or misinterpret Greece's sovereign rights in the Aegean.

Tax evasion unchecked

Recent data about the extent of the shadow economy are in complete contrast to the progress Greece should have made in tackling tax evasion. They are proof of the failure of every government to design a stable tax system and a reliable mechanism for monitoring and collecting taxes.

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