Latest News from Greece
Time for Greece to rejoin global markets
For the first time since 2014, the environment is benign for Greece's quest to return to the bond markets: the completion of the second bailout review, the improved state of the Greek economy and the revitalized sense of purpose in the eurozone after Emmanuel Macron's victory in France all pave the road to success.
Athens ponders five-year bond within July
After Monday's disbursement of the bailout tranche of 7.7 billion euros, the return to the bond markets is the next move being prepared by the Finance Ministry, possibly as early as next week.
Kotzias on Cyprus deadlock: Turkey wanted ‘army of putschists’ to guarantee peace on the island
Greece’s Foreign Minister Nikos Kotzias on Monday laid the blame for the collapse of the Cyprus talks in Crans Montana squarely at Turkey’s door, responding with some plain talk to questions from the Athens-Macedonian News Agency (ANA).
White House: VP Pence spoke with Tsipras about bilateral ties, NATO, Cyprus talks
The Vice President of the United States Mike Pence and Prime Minister Alexis Tsipras discussed in a phone call on Monday bilateral ties, Greece’s NATO contributions and the end of the Cyprus talks, according to a White House readout.
Pence also congratulated Tsipras on Greece’s progress towards overcoming the economic crisis. The full statement is as follows:
Greek court hands Heineken record fine for market abuse
A Greek court has imposed a €26.7m fine on Heineken subsidiary Athenian Brewery for abusing its dominant position in the Greek beer market over more than two decades.
In 2004, the Hellenic Competition Commission (HCC) opened an ex-officio investigation into the alleged market abuses of Heineken’s local subsidiary.
Dacic: Serbs and Greeks are friends and brothers
Serbia's First Deputy Prime Minister and Foreign Minister Ivica Dacic met in Athens on Monday with his Greek counterpart Nikos Kotzias.
Dacic said that he particularly wanted to point out that "Serbs and Greeks are friends and brothers" - something "confirmed by our historic friendship and mutual solidarity through centuries."
Samsung buys out small Greek firm specializing in text-to-speech
One more high-technology company in Greece has been bought out by foreign investors, as South Korean giant Samsung is taking over Innoetics, a small local firm specializing in voice technologies.
Greeks advised to shop around before booking holiday hotel
Three-star hotels in Greece offer tourists notable opportunities for securing relatively good prices - given the period - even at the most popular destinations, according to several online booking sites monitored by Kathimerini. In contrast, online rates for four- and five-star hotels with available beds are typically beyond what most Greeks can afford.
Tsipras seeks to reverse downward slide in his government's popularity
Seeking to reverse the government's steady slide in popularity, Prime Minister Alexis Tsipras is embarking on a campaign to shift the focus of the public debate to the economy's positive prospects in light of last month's Eurogroup deal.
Florinda Petruzzelli is a Mediterranean beauty! (photos)
Florinda Petruzzelli is a typical “specimen” of Mediterranean female beauty. The hot Italian, who has adopted Greece as her new home, works as a TV presenter and journalist in Greek television. The busty Italian is very active on social media to the delight of her male followers. She is currently on holidays enjoying the amazing sea and sun of Greece with her partner.
ESM disburses € 7.7bn to Greece
The European Stability Mechanism (ESM) disbursed the € 7.7 billion tranche to Greece, Monday. The amount was deposited in the Bank of Greece’s (BoG) special treasury account. € 6.9 billion will be used to service the country’s debt, with the remaining 800 million going to overdue public debts to the private sector.
Greece plans to create state development bank in 2018
Greece is eyeing the creation by mid-2018 of a state development bank that would lend to small and medium-sized enterprises (SMEs) to aid the recovery from its long economic crisis, government officials said on Monday.
NSI: Exports to EU Rise 8.6% YoY in Jan-April 2017
In the period January - April 2017 Bulgarian exports to the EU increased by 8.6% compared to the same period of 2016 and amounted to BGN 10 418M. Main trade partners of Bulgaria were Germany, Italy, Romania, Greece, France and Belgium which accounted for 68.7% of the exports to the EU Member States.
Piaf! The Show | Athens & Piraeus | July 12 & 13
Anne Carrere stars in the hit show on the life and songs of France's iconic Edith Piaf, created by Gil Marsala. The production is on a summer tour of Greece and will be stopping in Athens, for a performance at the open-air Petra Theater in Petroupoli on Wednesday, July 12, and another at the Veakeio in Piraeus the following day.
EC releases emergency funds for Chios and Lesvos refugees
The European Commission (EC) announced on Monday it would grant additional emergency aid worth € 6.48 million to Greece for the improvement of conditions in reception facilities on the islands of Lesvos (Kara Tepe) and Chios (Souda).