Latest News from Greece
The European Union's power stems mainly from the strength of its values rather than military might. The rule of law and institutions upholding democratic principles are the cornerstones of the European philosophy.
In this regard, Germany is quite right to demand that all members of the EU respect the values that define and shape the bloc.
Two of Greece's most respected art-house music acts, vocalist Alkistis Protopsalti and singer-composer Stavros Xarchakos, return to the stage together after several sold-out shows in the summer and autumn in which they performed original work and popular covers. This time they will be playing at Gazarte on February 24 and 25, starting at 9.30 p.m. on Saturday and 8.30 p.m. on Sunday.
Just a day after it said it won't allow Cyprus to conduct a "unilateral" gas search off the Eastern Mediterranean island's coast if Turkish Cypriots don't also reap the benefits, Ankara ratcheted up tensions with Nicosia Friday when its warships threatened to use force against a drillship contracted to Italian energy giant Eni as it tried, again, to reach an area in Cyprus's exclusive economic
A decision on whether Greece will go ahead with updating its air force fleet of 85 F-16s is expected next week after a weekend visit by a team of nine representatives of the American government and eight representatives of US aerospace firm Lockheed Martin aimed at exploring whether a deal can be reached.
Two foreign nationals were arrested on Friday by coast guard officials in Igoumenitsa, western Greece, for attempting to smuggle heroin to Ancona in Italy.
The a 72-year-old woman and a 65-year-old man were detained after sniffer dogs located 9 kilos of heroin in their car before it could be driven onto the Ancona-bound ferry boat.
Hellenic Petroleum (ELPE), Greece's biggest oil refiner, on Thursday reported a 21 percent drop in fourth-quarter core profit due to weaker refining margins.
The refiner said earnings before interest, tax, depreciation and amortization (EBITDA), adjusted for oil inventory holdings, came in at 170 million euros, down from 215 million euros in the same period a year earlier.
Greece has given its gaming committee the green light to launch a tender for a new casino license, removing another obstacle for a major tourism project in Athens, which is a key conditionality of the country's international bailout.
The decision was published in Thursday's Government Gazette, the same day as Greece's top administrative court approved the project's development plan.
Two key steps for the implementation of much-needed privatization projects in Greece were taken on Thursday, with the Council of State approving the draft presidential decree for the development of the old Athens airport at Elliniko, and Parliament's ratification of the concession contract for Thessaloniki Port Authority (OLTH).