Latest News from Greece

FYROM president accuses EU of 'double standards'

Four days after the Former Yugoslav Republic of Macedonia (FYROM) held an ambiguous referendum on changing the country's official name, President Gjorge Ivanov criticized the accord signed with Greece in June while accusing the European Union of "double standards."

Iraqi migrant, 32, injured in Diavata brawl

A 32-year-old Iraqi national was hurt in a brawl involving up to 60 migrants at the state-run reception facility nearby Diavata, in northern Greece, authorities said Friday.

Authorities said the victim had been hit with some sort of sharp object and was hospitalized with non-life threatening injuries.

Migration service headless amid fund misuse claims

For the third time since the refugee crisis erupted in 2015, Greece's reception and identification service is leaderless after Migration Minister Dimitris Vitsas Thursday heralded the dismissal of the current director.

Amnesty: For women in Greek migrant camps, even showers are unsafe

Women in Greek migrant camps are too scared to leave their tents at night or use communal showers, and many pregnant women have to sleep on the floor in unsanitary conditions, Amnesty International said on Friday.

More than half of refugees and migrants arriving in Greece are women and children, according to the United Nations refugee agency, UNHCR.

Amnesty Int'l: For women in Greek migrant camps, even showers are unsafe

Women in Greek migrant camps are too scared to leave their tents at night or use communal showers, and many pregnant women have to sleep on the floor in unsanitary conditions, Amnesty International said on Friday.

More than half of refugees and migrants arriving in Greece are women and children, according to the United Nations refugee agency, UNHCR.

Macedonia Parties Launch Talks on 'Name' Agreement

The vice-president of Macedonia's main ruling Social Democratic Party, Petre Shilegov, on Wednesday confirmed that his parliamentary group has begun talks with its opposition rivals in parliament to persuade them to vote for the historic "name" agreement with Greece.

Bob Diamond to invest over 100 mln euros in Praxia Bank

Among the issues established Greek banks need to worry about these days may also be competition from new online lender Praxia Bank, in which ex-Barclays chief executive Bob Diamond has pledged to invest more than 100 million euros, according to Praxia CEO Anastasia Sakellariou.

Taxes, corruption hamper business

High tax rates and the combination of corruption with a lack of transparency top the list of the most important obstacles to entrepreneurship in Greece, according to a survey conducted by MRB for the Hellenic Federation of Enterprises (SEV). The corruption and insufficient transparency combo has risen from the fifth most significant obstacle last year to the second in 2018.

Just one in six homes in Greece is covered by insurance

Only one in six homes in Greece is insured, which highlights the extent of untapped business opportunities in the sector, according to a survey by the Hellenic Association of Insurance Companies (EAEE).

ATHEX: Stocks recover most of the ground lost on Wednesday

Bank stocks recovered most of their Wednesday losses on Thursday, leading the benchmark to notable gains, although this appears to be a technical reaction rather than a real change of heart by investors. The rise in bond yields also indicated that confidence in Greece has yet to be restored.

Russia says western states seeking to 'drag' FYROM into NATO

Russia on Thursday accused western countries of trying to drag the Former Yugoslav Republic of Macedonia (FYROM) into the NATO military alliance, even after the Balkan country's electoral commission ruled Sunday's referendum - which overwhelmingly endorsed the name-change - invalid because of low turnout.

Oblivious to the risks

The rules set out by Greece's creditors with regard to the management of the country's banks need to change. They are completely dysfunctional and often result in important responsibilities being assigned to people who are, quite frankly, just not up to the task.

Greek strike to close Acropolis, other key sites on Oct. 11

A Greek union representing staff at the country's ancient sites and state-run museums has called a 24-hour strike for Oct. 11.

The protest is likely to close the ancient Acropolis in Athens that day along with multiple sites around Greece that are popular with tourists.

Intact tomb unearthed in Nemea

An intact tomb from the early Mycenaean era (1650-1400 BC) has been unearthed by archaeologists in the region of Nemea, southern Greece.

According to the Culture Ministry, the tomb is among the largest ever found in the region and is set apart by the short yet wide path leading to its entrance along with other features that place it in the early phase of the Mycenaean civilization.

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