Latest News from Greece

Growth needed, not surpluses

Achieving higher growth would be nearly twice as effective when it comes to reducing Greece's debt as relying on very high budget primary surpluses, according to a study released on Thursday by credit rating agency Scope Ratings. 

Energy forum to take place in Thessaloniki

The American-Hellenic Chamber of Commerce and the Hellenic Association for Energy Economics are the co-organizers of the Southeast Europe Energy Forum that will take place at the Met Hotel in Thessaloniki on September 6, a day before the opening of the 84th Thessaloniki International Fair.

West Nile kills four people in last week

Medical authorities have renewed their call to the general public, especially the elderly and those with chronic diseases, to take the necessary precautionary measures against West Nile virus, which is continuing to spread across the country. 

Macron sends stern warning to Ankara over Eastern Med

In a show of solidarity with Cyprus, French President Emmanuel Macron sent a stern message to Turkey on Thursday that Paris and the European Union will not tolerate violations in the Eastern Mediterranean.

Blow dealt to major contraband racket

The discovery on Thursday by police of new warehouses containing raw materials for the production of contraband cigarettes in Ritsona, central Greece, and Aspropyrgos, southwest Attica, dealt another blow to a major tobacco smuggling racket in the country, according to authorities.

Man dies after being hit by train

Traffic police in Alexandroupoli, northern Greece, were on Thursday investigating the circumstances that led to the death of a young man who was hit by a train serving the Alexandroupoli-Ormenio route shortly before 10 a.m.
According to local reports, the man was aged between 20 and 30 and had no identification documents on him.

Sticks, carrots and tax evasion

Once again, we are faced with the usual revelations of widespread tax evasion in popular summer destinations. It has been recorded in restaurants, clubs and even rented villas. Dealing with this problem, particularly in a country such as Greece where tax evasion is a long-standing malaise, requires a combination of tax cuts and stricter penalties.

In line with Europe

Even when faced with sudden and unprovoked dangers, Greek foreign policy can always count on Europe. The same is true now when, at no fault of its own, Athens finds itself at the center of inappropriate pressures over the fate of the Iranian tanker currently sailing in the Mediterranean.

Iranian tanker not heading to Greece, PM says

An Iranian tanker which the United States wants seized is not heading towards Greece as it sails through the Mediterranean, Greek Prime Minister Kyrikos Mitsotakis told France 24 TV on Thursday.

"The ship is not heading towards Greece. We have not received a request for it to dock in a Greek port," Mitsotakis said.

Macron, Mitsotakis meet in Paris

French President Emmanuel Macron (r) and Greece's Prime Minister Kyriakos Mitsotakis answer reporters at the Elysee Palace, Thursday, in Paris. [AP]

Macron: France will not tolerate violations of Cyprus’ EEZ

France will not tolerate Turkish violations within Cyprus' exclusive economic zone (EEZ), President Emmanuel Macron said Thursday.

"We won't show any weakness," the French leader said.

Macron was speaking during a joint press briefing ahead of a meeting with Greek Prime Minister Kyriakos Mitsotakis, who is on an official visit to France.

PPC finances worse than initially thought, says chairman

The financial state of Greece's power utility PPC is worse then initially thought, the company's new president and CEO George Stassis said on Thursday during a general shareholders meeting.

Greece mulling defense deal extension with US

Athens is looking to extend the US-Greece defense agreement, also known as the Souda Agreement, by a year when US Secretary of State Mike Pompeo visits in October or November, it emerged after Wednesday's meeting between Prime Minister Kyriakos Mitsotakis and US House Appropriations Committee Chairwoman Nita Lowey at the Maximos Mansion in Athens.

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