Athens

Kostas Argyros's unpaid electricity bills are piling up, among a mountain of debt owed to Greece's biggest power utility. His family owe 850 euros to the Public Power Corporation (PPC), a tiny fraction of the state-controlled firm's 2.6 billion euros ($2.8 billion) in unpaid bills.

The outcry following an armed robbery attempt by four released convicts on the home of an elderly woman in Athens's southern suburbs earlier this week has prompted the Justice Ministry to re-examine a law introduced by the previous minister aimed at decongesting Greek prisons.

“I want to congratulate Greece because not a single euro was lost in the last programming period” stated European Commissioner for Regional Policy Corina Cretu, addressing the special standing committee of European Issues and the special standing regions committee of the Greek parliament on Wednesday.

The Default Project presents the first annual International Political/Activism Short Film Festival in Athens. Documentaries, fiction and animation films, all by independent producers from 30 different countries, will be screened with English subtitles from noon to midnight at Booze Cooperativa in central Athens from Thursday, April 6, until Sunday, April 9.

Police on Thursday were exploring possible links between a robbery at a cosmetics firm northeast of Athens and a string of similar break-ins in the past few months targeting safes in large businesses.

The deal signed on Monday between Greece, Israel, Cyprus and Italy in Tel Aviv for the creation of the Eastern Mediterranean (EastMed) gas pipeline, is, according to sources, a reaction to the competing Nord Stream II pipeline connecting Germany and Russia.

After four sessions in the red, bank stocks staged a notable recovery on Wednesday, shaking off negative reports on the local credit sector by Bank of America Merrill Lynch and Standard & Poor's. The prospect of a deal with the country's creditors edged closer and fueled a late surge in prices that offset earlier losses.

The tomb of a warrior, and its contents, discovered in 2016 in the area of Plasi on the plain of Marathon in eastern Attica, will be presented at a symposium organized by the University of Athens which starts on Thursday.

Police from Attica's narcotics unit said Wednesday they had unraveled two rings that worked together to distribute large quantities of drugs, especially refined cannabis and cocaine, to and from countries in Western and Northern Europe, using international transport trucks.

Greece's left-wing prime minister, Alexis Tsipras, on Wednesday called for an emergency summit of EU leaders this month if no agreement is reached on the country's bailout progress at Friday's Eurogroup meeting in Malta.