Latest News from Greece

Greek Opponents Of Macedonia Name Deal Call For Protests Starting Thursday

UrduPoint News / Sputnik The Pan-Macedonian Confederation has announced rallies, starting Thursday, against Greece's deal with Macedonia to change the Balkan nation's name.

A debate on the pact that will rename the neighboring state to the Republic of North Macedonia will begin in parliament on Wednesday and conclude with a vote on Thursday evening.

Opponents of Prespes deal to hold fresh rally Thursday

Citizens' groups opposing the name deal between Greece and the Former Yugoslav Republic of Macedonia (FYROM) have called for a fresh protest rally in Athens for Thursday at 7 p.m..

The so-called Prespes accord, which has already been ratified by the FYROM parliament, must now be approved by Greek lawmakers and is expected to go to a vote Thursday.

Fitch: HFSF, BoG plans to help lenders

The quality of Greek banks' assets and their levels of capital constitute the biggest challenges for the sector in 2019, and these two factors will also determine the course of Greece's assessment by its creditors, Fitch analysts noted on Tuesday at an event in Athens.

PPC's dominant position in local market returns to the spotlight

Greece's creditors have raised the issue of Public Power Corporation's dominant position in Greece's wholesale and retail markets, sources said after staff-level meetings conducted in Athens this week.

ATHEX: Fitch boosts bank stocks, benchmark

A Fitch Ratings statement, saying that the plans proposed in Athens for the reduction of bad loans in Greece could offer genuine hope for the credit sector's redemption, boosted local bank stocks on Tuesday, which had a positive knock-on effect on the rest of the market too.

Erdogan's mosques in the Balkans

Just about everyone knows that there is more than one dimension to the name dispute between Greece and the Former Yugoslav Republic of Macedonia (FYROM).

There is the geopolitical tension between the West and Russia, but there is also the role of Turkey and its continued penetration in the Balkans - using religion as a way in - which should be of particular concern to Western powers.

Extension expected for Hellenic Petroleum bids

Greece is set to extend the deadline for two investors to submit final bids for a controlling stake in Hellenic Petroleum to give them more time to scrutinize the company's finances, two sources close to the matter said.

Greece's public debt rises in Q3 2018

Greece's public debt increased to 334.988 billion euros at the end of the third quarter of 2018, Greece's Statistical Authority (ELSTAT) revealed on Monday.

On a yearly basis, the figure represented an increase of 21.493 billion euros from the same period of 2017.

Mitsotakis says ND will 'do all it can' to prevent ratification of Prespes accord

Main opposition leader Kyriakos Mitsotakis said on Tuesday his party will explain in the debate that starts in Parliament on Wednesday why the Prespes accord is a "bad deal" and will do all it can to block its ratification, amid speculation he will table a censure motion.

Greece removes historic sites from fund list after privatization protests

Greece's government has taken 2,330 archaeological sites, monuments and museums out of a state assets fund, after protests by Greeks who feared their heritage might be sold off.

Knossos Palace in Crete was one of the priceless items put into the fund - a holding company owned by the Greek state - to satisfy Greece's foreign creditors under the last financial bailout in 2015.

Wess Mitchell to resign from post in February

Wess Mitchell, assistant secretary of state for European and Eurasian affairs, will reportedly resign from his position next month, according to the Washington Post.

Mitchell cited personal and professional reasons the resignation letter he submitted to Secretary of State Mike Pompeo, the paper said.

Top US diplomat for Europe to resign in February

Wess Mitchell, assistant secretary of state for European and Eurasian affairs, will reportedly resign from his position next month, according to the Washington Post.

Mitchell cited personal and professional reasons the resignation letter he submitted to Secretary of State Mike Pompeo, the paper said.

Bailout inspectors back in Greece, focus on banks

Representatives of Greeces bailout creditors are in Athens to review progress on measures demanded in return for relief on the country's massive national debt.

Tsitsipas to face Nadal for a place in the final

Stefanos Tsitsipas of Greece celebrates winning against Roberto Bautista Agut of Spain in the men's singles quarter final match on day nine of the Australian Open Grand Slam tennis tournament in Melbourne, Tuesday. He will now face Rafa Nadal, who kept the flag flying for the old guard with a 6-3 6-4 6-2 win over American Frances Tiafoe. [EPA]

Gov't under fire for failing to submit official translation of FYROM constitution

Greece's conservative opposition on Tuesday criticized the government for failing to submit in Parliament an official translation of the constitution of the Former Yugoslav Republic of Macedonia (FYROM) following the recent amendments in line with the so-called Prespes deal.

Pages