Latest News from Greece

Greek credit contracts 1.4 pct y/y in January

Total credit in Greece's banking system contracted 1.4 percent year-on-year in January after shrinking by 1.0 percent in the previous month, Bank of Greece data showed on Wednesday.
   

Beşiktaş out to finish job in second leg against Olympiacos

Beşiktaş coach Şenol Güneş remains cautious ahead of the Europa League second leg of round of 16 tie with Olympiacos, despite a promising draw in the first game in Greece. 

"Of course we will start the game in a solid manner, not taking many risks," Doğan News Agency quoted Güneş as telling his squad ahead of the March 16 game. 

Kotzias meets Trump's top security adviser

Foreign Minister Nikos Kotzias discussed the key role Greece can play to help maintain stability in a fragile geopolitical environment during a meeting with Donald Trump's top security adviser in Washington.

Gov't fears backlash as it scrambles to wrap up bailout talks

Wednesday's elections in the Netherlands will mark yet another missed deadline for the government as it had aimed to conclude the second review of Greece's third bailout before major European countries head to the polls, as the results could narrow the path to a deal even further.

Netherlands to Vote in Parliamentary Elections Today

The seats will be contested by 28 parties, but the proportionate representation allows even the smallest ones play a certain role within the parliament. Besides, none of the parties is likely to get a clear majority of 76 seats or more, so a coalition will be necessary in order to form the government.

Merkel Praises Serbia's Handling Of Migrants

German Chancellor Angela Merkel praised Serbia for its role in helping deal with Europe's migration crisis as she met with Serbian Prime Minister Aleksandar Vucic in Berlin on March 14.

Merkel applauded Serbia for taking in asylum seekers, and added that Germany "doesn't want to leave Serbia alone."

Hirings set to increase in April-June

There are signs that suggest the second quarter of 2017 will be Greece's strongest in terms of hirings in the last couple of years, according to a quarterly survey by Manpower Group.

Reuters: As Greek crisis grinds on, children pay price

A Reuters news agency report focuses on the increasing plight facing the Greek children in the years of the economic crisis, stressing they have become the most vulnerable section of society in the current depressing economic conditions.

Salaries have been sliding 3.1 pct a year in Greece

Salaries in Greece have shrunk at an annual average of 3.1 percent since 2009, according to a survey conducted by the European Trade Union Institute (ETUI) for the European Trade Union Confederation (ETUC).

Greece denies report on Parthenon Marbles

The Ministry of Culture and Sports has denied a report published in Britain's Independent newspaper Tuesday that it had called for the return of the Parthenon Marbles, also known as the Elgin Marbles, from the British Museum as a symbolic gesture against anti-democratic forces that seek "the dissolution of Europe."

Search is under way for mother of fetus found in garbage

Investigators said on Tuesday the human fetus discovered in a bag at a local garbage sorting facility at Girtoni in Larissa, central Greece, on Monday had been transferred there with garbage from the nearby town of Elassona, and are focusing their search for the mother there.

Greek Defence Minister inspects military drill on Thasos (photos)

Greek Defence Minister Panos Kammenos watched over a military exercise carried out by a platoon of national guards involving the elimination of a bailey bridge in Thasos. “When the people and military are united, no-one can deny them”, Mr. Kammenos said after the completion of the drill.

As Greek crisis grinds on, children pay price

In Greece's grinding economic crisis, a home for abused children is now taking in those whose parents are struggling to feed them.

It is perhaps the darkest sign of economic devastation in Greece, where traditionally strong family ties are starting to crumble after years of depression.

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