Latest News from Greece

Vucic speaks with Borisov

BELGRADE - Serbian President Aleksandar Vucic spoke on the phone with Bulgarian PM Boyko Borisov Monday about continuing the cooperation as part of the Serbia-Bulgaria-Romania-Greece Cooperation Council.

5.0 earthquake hits off the west coast of Turkey

A 5.0 magnitude on the Richter scale was recorded in the southwest of Turkey, 31km southeast of Mugla, the USGS said.
The earthquake occurred at 20:02 (GMT) – 22:02 (Greece time) at a depth of 10 kilometres, according to the Institute
The earthquake was felt in Rhodes, causing concern to the inhabitants of the islands of the Dodecanese.

Foreign Ministry says publication of documents on Saudi Arabia case is illegal!

In an effort to muffle criticism and opposition voices on the controversial arms deal with Saudi Arabia and the implication of Defence Minister Panos Kammenos in the case, the Greek Foreign Ministry issued a public appeal to Greece’s opposition parties on Wednesday, to “behave responsibly” and refrain from leaking classified secret documents in ways damaging to the nation’s interests, in order

Lawyer injured during Nov. 17 clashes stabilizing

A 55-year-old lawyer, who has been in intensive care at Evangelismos Hospital since late Friday after she was hit in the leg with a flare during clashes in Exarchia between self-styled anarchists and police, was taken off respiratory support on Wednesday, medics said.

EBRD report warns of 'middle-income trap'

Central and Eastern European countries have become stuck in a "middle-income trap" and need new growth strategies and infrastructure to kick off again, the European Bank for Reconstruction and Development said on Wednesday, adding that Greece, Slovenia and Kazakhstan have made progress with privatizations. [Reuters]

National Bank makes NPE shrinking target in Q3

Greece's second largest lender by assets National Bank (NBG) was loss-making in July-to-September as weak net interest income and trading losses offset a decline in bad-debt provisions.

SEV: Rules on bankruptcy need fixing

The legal framework for streamlining insolvent enterprises and restructuring their loans - which is a key tool for banks in their battle to reduce nonperforming loans - remains inefficient, according to an analysis issued on Tuesday by the Hellenic Federation of Enterprises (SEV).

No EU land is an island

The negotiations for a new coalition government in Germany are none of my business. Obviously. I am not a citizen of Germany and I do not live in Germany.

The 10 most renown & beloved Greek dishes

Greek cuisine holds a special place in the international culture of flavours for its large variety of quality products, wise combinations and centuries-old know how.

EU auditors insist on full probe into ECB’s role in Greek bailouts

The European Court of Auditors (ECA) insists it had the right to look into the role of the European Central Bank in Greek bailouts, based on the Lisbon Treaty and a European Parliament resolution, and is now seeking ways to access the documents the ECB has refused to hand over.

Spar supermarket chain coming back to Greece

Dutch supermarket chain Spar is returning to Greece following a deal with the local retail group Asteras, after leaving the country in 2015, where it had a presence via the Veropoulos firm since 1969.

Hellenic Coastguard gets EU migration-related funding

 

The Greek Port Authority and Coastguard will receive 15 million euros from the European Union’s Internal Security Fund to fund operations related to migration flows and the patrolling of the EU’s maritime borders.

Migrant rights groups ring alarm over approaching winter

With winter fast approaching and migrant camps on the Greek islands reaching breaking point due to overcrowding, 20 human rights group have written a letter to the Greek government calling for immediate action.

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