Greece

With investments in Greece on the rise, Michael Arghyrou, the head of the Council of Economic Advisors for Greece's Finance Ministry, joins Thanos Davelis to look at how these investments are transforming Greece's economy, and to bust some of the myths around investments in Greece. 

A dramatic demographic deterioration was one of the many factors that contributed to the fall of Constantinople in 1453 and the collapse of the centuries-old Byzantine Empire. The city's population had shrunk dramatically, and especially with regard to younger age groups.

Fighters taking part in the Iniochos 2024 multinational air exercise fly over the coast of the southwestern Peloponnese on Thursday. The 10-day exercise lasted 10 daysn and eight countries, besides Greece, took part: Cyprus, France, Montenegro, Qatar, Romania, Saudi Arabia, Spain and the UK.

Overseas markets, such as the US, Australia, China, Japan, Korea and Canada, from where the air journey to Greece takes more than 10 hours, offer scope for significant further development of Greek tourism.

Travel receipts posted a remarkable 24.5% increase year-on-year in Greece in January and February, Bank of Greece data showed on Friday, helping moderate the country's current account deficit.

The flame that will burn at the Olympics is spending the night at the ancient Acropolis in Athens, a week before its handover to Paris 2024 organizers.

Credit ratings agency S&P on Friday revised its outlook on Greece to "positive" from "stable," saying the tight fiscal regime will continue to spur a reduction in the government debt ratio.

The key word for Greece and Europe is competitiveness, said National Economy and Finance Minister Kostis Hatzidakis in interviews with the Bloomberg and CNBC television networks.

Travel receipts posted a remarkable 24.5% increase year-on-year in Greece in January and February, Bank of Greece data showed on Friday, helping moderate the country's current account eficit.

Tensions with Ankara have resurfaced again after Ankara's objections to Greece's announcement to designate marine parks, including one in the Aegean Sea. 

Ankara's intransigent stance on issues related to the Aegean, as expressed by its ministries of foreign affairs and defense and the ruling AKP party, stem from its long-held theory of "gray zones" in the region.