Greece

Greece is a country in the southern Balkans

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Govt sources say Moscow willing to forward 'advance' from future pipeline's profits

Government sources on Wednesday announced that Russia was willing to "pre-pay" profits from a natural gas pipeline on the drawing board and projected to operate in 2019.

The announcement came in the wake of Greek PM Alexis Tsipras' meeting the same day at the Kremlin with Russian President Vladimir Putin.

UN envoy's comments rile Athens and Nicosia

Athens and Nicosia complained on Wednesday about the behavior of United Nations special adviser Espen Barth Eide after the mediator suggested in an interview that the Cypriot government should be consulting with Turkish Cypriots about the search for and use of the country?s hydrocarbons ? a position that is shared by officials on the Turkish-occupied part of the island.

'Trustmark' introduced for Greek online stores

The Greek Electronic Commerce Association (GRECA) on Wednesday announced the introduction of a ?trustmark? for Greek online stores, in cooperation with the ELTRUN laboratory of the Athens University of Economics and Business.

The trustmark is aimed at increasing Internet shoppers? confidence when it comes to carrying out online transactions as well as security.

‘Name issue’ makes headlines in far-off Sydney Morning Herald

 

The thorny “name issue” still poisoning relations between Greece and its neighbor to the immediate north, the Former Yugoslav Republic of Yugoslavia (FYRoM), over what Athens calls the neighbor and what the neighbor calls itself, generated headlines a world away last week, in Australia.

Austrian Chancellor Faymann dictates that the Greek matter must be solved

Austrian Chancellor Werner Faymann stated that the negotiations and talks on Greece’s future in the Eurozone must have an immediate and positive ending.

 

His statements followed the Austrian FinMin’s statement, who said that a Grexit is now very possible.

 

 

Greece’s IMF rep unexpectedly resigns

Greece’s representative to the IMF,  Thanos Katsambas, this week announced his resignation, three days after Greek FinMin Yanis Varoufakis paid a lightning visit to Washington D.C. to meet with Christine Lagarde.

His resignation will come into effect on June 1.

Katsambas assumed the post in January 2012 during the Loukas Papademos government.

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