Latest News from Greece

The Euro Working Group gave the green light on Friday for the completion of the third bailout review in principle, but property auctions are still causing concern as they are seen as crucial to determining the course of Greek banks and whether or not a new recapitalization will be required.

Aegean Bunkering Pte Ltd on Friday said it had left the world's largest marine fuels market in Singapore this week after handing back its supply and craft operator licenses.

The company had announced in October that it would halt physical supply operations in Singapore by January amid heightened commercial pressures after the city-state adopted tougher bunkering procedures.

In its new home at the Stavros Niarchos Foundation Cultural Center (SNFCC), the National Library of Greece has organized a series of special events about the Holocaust. Including lectures, a photography exhibition, documentary screenings and more, the tribute will also focus on the plight of Greece's Jews in World War II.

Total credit in Greece's banking system contracted 1.6 percent year-on-year in November after a 1.5 percent decline in the previous month, Bank of Greece data showed on Friday.

Credit extended to the government fell 5.1 percent after decreasing by 4.9 percent in October, the central bank said.

There is an irony to the phrase "European refugee crisis." If you are in Africa, the Middle East or South Asia, you know that the refugee crisis is felt most acutely in countries neighboring those in conflict. Now is the time for Europeans to address the seriousness of the issues we face. Greece is a good place to start, since it has been in the eye of the storm.

In its annual review for 2018, Human Rights Watch (HRW) said the failure of Greek authorities to properly identify vulnerable asylum seekers for transfer to the mainland has "impeded their access to proper care and services."