Greece

Greece is willing to quickly finalize a 1.2 billion-euro deal with German operator Fraport to run regional airports and reopen bidding for a majority stake in Piraeus port, a senior privatizations official told Reuters on Tuesday.

The European Union has nudged up its forecast for economic growth across the 19-country eurozone despite a much gloomier outlook for Greece.

Exploration Manager Europe and Caspian at ExxonMobil, Stacey Weltmer has stated that the company is very much interested in winning a tender for oil and shale gas exploration mission in Bulgaria.

Greece's debt talks with international creditors are making progress but have not yet produced a breakthrough, Austrian Finance Minister Hans Joerg Schelling said on Tuesday, adding he could not tell if a deal was in reach next week.

Brussels warned on Tuesday that if Athens continues on the current course there will be no growth in the coming year and a return to soaring national debt levels after slashing forecasts for Greece.  The European Commission’s forecasts, based on the status of bailout talks two weeks ago, dependent on Athens reaching a deal to secure €7.2bn benchmarked for the country in bailout financing by Jun

Greek bond yields rose on Tuesday on reports that the International Monetary Fund may cut a funding lifeline to Greece unless its European partners accept more debt writedowns.

Deputy Prime Minister Giannis Dragasakis is unveiling new measures during his meeting with European Central Bank Chief Mario Draghi in Frankfurt on Tuesday in an effort to unlock funds required for Greece. The new measures are aimed at yielding 10-12 bln euros worth of revenue  over the next two years, whereas cutbacks worth 1-2 bln euros will also be presented.

Delivery Hero, the Germany-based online food ordering giant, has acquired Turkey?s Yemeksepeti, the leading local firm in the business, for $589 million, the companies announced on May 5. 

Yemeksepeti CEO Nevzat Ayd?n told Hürriyet that he will remain in his post as he will also be part of the management team of Delivery Hero. 

They met at the start of 1990 in Sydney, Australia, when she taught economics at the University of Sydney. They wed in Athens in 2001. Australian Financial Review writes that the marriage collapsed due to different ambitions and geography.

An article in Euronews, titled “Is Bulgaria’s Border Wall Forcing Migrants to Risk Deadly Crossings?”, states that the numbers of migrants entering Greece and Bulgaria by land from Turkey have decreased over the last two years after both countries increased border security.