Latest News from Greece
Tourism cannot operate on autopilot, Yiannis Retsos, head of the Greek Tourism Confederation, said on Friday.
Speaking at the entity's annual conference, he explained that the future of the sector demands the formation of strategic management and the immediate implementation of plans, with tourism in Greece expanding into spheres beyond the sea-and-sun model.
Rafael Pico, president of the Spanish Olive Oil & Pomace Olive Oil Exporters Association (ASOLIVA), told Xinhua in an interview that the 25 percent US tariff imposed as of Friday on bottled Spanish olive oil means the product will be effectively "expelled" from the US market.
Spain currently exports around 200,000 tons of olive oil to the US every year.
As part of an ongoing crackdown on drug use and crime within Greek prisons, authorities raided some 10 jail cells at a penitentiary in Halkida in central Greece early on Friday morning.
According to the Citizens' Protection Ministry, the 3.5-hour operation yielded nine grams of cannabis, 3.5 grams of heroin, as well as eight mobile phones and two routers.
In an indication of Greece's commitment to support Cyprus, three Greek F-16 jets flew over the Eastern Mediterranean island on Thursday during a joint training exercise with the Cypriot National Guard dubbed Steel Arrow.
It came on the heels of a smaller exercise involving Cypriot forces and a French frigate earlier in the week.
The decision was not reached despite all night long dramatic discussion, and despite the warnings that turning Tirana and Skopje away would tarnish the EU's reputation and could risk inflaming the Western Balkans region.
Two men were rushed to hospital on Crete recently, after being stung by a beautiful yet dangerous invader. The lionfish has spiky fin rays that deliver a powerful venom which causes intense pain and swelling, and can, in some cases, lead to anaphylactic shock. Despite all of these frightening traits though, this is a very delicious fish.
The government is seeking out additional systemic solutions for the banks' bad-loan problem, beyond the state's Hercules plan, Finance Minister Christos Staikouras revealed to Bloomberg on Thursday. His comments came after Bank of Greece Governor Yannis Stournaras said that Hercules is a step in the right direction but is not enough.