Latest News from Greece

SEV stresses need to tackle shortage of special skills

Greek workers need to acquire new skills in order to meet the requirements of the labor market and respond to the challenges the transition to the digital economy entails, according to a special report by the Hellenic Federation of Enterprises (SEV).

The report stresses the need for the direct cooperation of workers, enterprises, the academic community and the state.

Luxury homes market attracts foreign companies and investors

French group Barnes International Realty is expected to seek a share of Greece's ever growing luxury homes market, which promises investors greater capital gains than rival markets abroad.

Regling: Going back on reforms will not be tolerated

European Stability Mechanism chief Klaus Regling warned on Tuesday that Greece's creditors will not tolerate the Greek government backtracking on its reforms agreed in exchange for debt-easing measures after the completion of the bailout program this summer.

Kurds in Athens protest Turkish offensive in Syria

Kurdish people who live in Greece shouted slogans on Tuesday during a protest in central Athens against the Turkish offensive targeting Kurds in Afrin, Syria. Kurdish protesters, accompanied by some leftists, gathered in Syntagma Square, decrying Turkey's intervention in the war-torn country as "barbaric" and headed for the Turkish Embassy, which was being guarded by riot police in vans.

Athens fends off pressure to extradite Turkish servicemen

Athens has fended off fresh pressure from Ankara to extradite eight Turkish servicemen who fled to Greece in a helicopter after a failed military coup against President Recep Tayyip Erdogan in July 2016.

Greek bond yields hit record lows

Short-dated Greek bond yields hit record lows in Tuesday's trading.

Two and five-year bonds yields in Greece, which received its first ratings upgrade from Standard & Poor's in two years on Friday, hit record lows at 1.21 percent and 2.73 percent respectively.

Vodafone confirms Cyta Hellas acquisition

Vodafone announced on Tuesday it had agreed to buy Athens-based Cyta Telecommunications Hellas SA for 118 million euros to expand its fixed line network in Greece.

Fitch warns of challenges for local credit system

Ratings agency Fitch said in a report issued on Tuesday that Greek banks still face multiple challenges.

The report warned that local lenders are likely to maintain material reliance on the European Central Bank's emergency liquidity assistance (ELA) mechanism for most of this year.

Comprehensive solution

Once an agreement is reached with Greece, the accession of the Former Yugoslav Republic of Macedonia (FYROM) into NATO and the European Union would certainly be a very positive development for both countries and for the region as a whole.

Vandalism of Holocaust Memorial in Thessaloniki condemned

Unknown vandals have scrawled the name of Greece's neo-Nazi Golden Dawn party in black spray-paint on Thessaloniki's Holocaust Memorial, prompting a reaction from US Ambassador to Greece Geoffrey Pyatt, who is visiting the northern port city, and the municipal council.

Church of Greece to hold emergency meeting over FYROM name talks

The Perpetual Holy Synod of the Church of Greece has been called to an emergency session over ongoing name talks between Greece and the Former Yugoslav Republic of Macedonia (FYROM), Kathimerini understands.

Moldova to Host Global Christian Right-Wing Congress

President Igor Dodon announced on Monday evening that Moldova will host in September the annual meeting of the World Congress of Families, a US-based umbrella organisation of international groups supporting conservative social values.

"We are bringing together people around the world to discuss the beauty of the family," Dodon said.

Farmers to roll out tractors across Greece over the week

Farmers in Karditsa set the tempo on Monday for nationwide action by Greek agricultural producers protesting high taxes, rising fuel costs, crippling social security contributions and seizures of properties and assets due to overdue debts.

February 4 name talks rally moved back to Syntagma

After initial concerns of possible clashes with self-styled anarchists, the organizers behind last Sunday's rally over the ongoing name talks between Greece and the Former Yugoslav Republic of Macedonia (FYROM) have decided to move the Athens installment of the event back to Syntagma Square.

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