Latest News from Greece
OECD records 'reform fatigue' over the last couple of years
Structural reforms have slowed down in Greece since 2015, according to a report by the Organization for Economic Cooperation and Development (OECD). This finding is accompanied by a broad range of recommendations, from the liberalization of networks to the application of policies to assist the poorest people.
Schaeuble says opposition support needed for measures
As Finance Minister Euclid Tsakalotos struggled on with tough bailout negotiations in Brussels on Tuesday, comments by his European counterparts about the possible need for the opposition in Greece to back economic measures after 2019, when the next Greek general elections are scheduled to take place, spurred political upheaval in Athens.
Greece ranks 87th out of 155 countries in UN Happiness report
Greece has been ranked 87th out of 155 countries listed in the United Nations annual World Happiness Report.
According to the report, which factors in income, life expectancy, social support, and levels of generosity, freedom and trust, Greece, the Central African Republic and Venezuela experienced the biggest happiness drops in the period stretching from 2014 to 2016.
School cleaners to strike over low pay
School cleaners in Greece are to walk off the job on Friday, March 31, to protest the low salaries they receive and lack of job security, the Federation of Private Sector Employees (OIYE) announced on Tuesday.
According to OIYE, school teachers receive no more than 300 euros per month irrespective of the hours they work.
Bavarian finance minister sees Grexit likely
Greece will not last in the eurozone in the long run and officials working on a review of its bailout package should prepare for such a possibility, a senior member of the Bavarian sister party of Chancellor Angela Merkel's conservatives said.
Greece has lost a quarter of its national output since it first sought financial aid in 2010.
Greece threatens to spoil EU's Rome celebration over reform review
Greece is withholding its support for the Rome declaration, in which 27 European Union nations on Saturday are to chart the EU's course after Britain leaves, in protest at reforms its lenders are seeking from it in exchange for new loans, officials said.
Athens's lenders are the other eurozone governments, who are also trying to get the International Monetary Fund on board.
Book Presentation | Athens | March 22
Australian writer Gillian Bouras, a resident of Greece since the 1980s, presents her latest book of humorous and heartfelt observations on life in the Peloponnese at the Athens Center, on Wednesday, March 22, starting at 7 p.m. In "Seeing and Believing," say the organizers, Bouras "delivers a fresh crop of joys and heartaches, to which she tries to adjust.
Ankara aims to bring peace to Cyprus, says Turkish FM
Turkey's vision for Cyprus is to turn the island into a bastion of peace and stability, Turkish Foreign Minister Mevlüt Çavuşoğlu said in an opinion piece in the Washington Times published on March 21.
The eastern Mediterranean island has been divided since 1974, after Turkish troops intervened in response to a coup by Greek Cypriot militants seeking union with Greece.