Latest News from Greece
What are the national slogans for countries (infographics)
“Freedom or Death” is considered as the national motto for Greeks, from the time the people rose up to free themselves from the Ottoman yoke of oppression in 1821. The National Translation Company created an infographic revealing some of the most interesting national slogans spanning from the old empires to some of the “youngest” nations in the world.
Russia seeks launch of Sochi-Istanbul cruises to deepen tourism ties: Turkish association
Russian tourism representatives have called for the launch of cruises between Sochi and Istanbul in a bid to further revive tourist ties in the Black Sea, a leading Turkish sector association has said.
Another key demand from Russia was the maintenance of security and safety measures for Russian tourists visiting Turkey.
Deal with creditors delayed by politics, says EU official
The delay in concluding the review of the current Greek bailout is due to hesitation over political decisions that need to be made for a technical-level agreement between Athens and its creditors, a European official said on Tuesday, ahead of Friday's meeting of eurozone finance ministers.
Greece to open Thessaloniki port financial bids this week
Greece will this week ask for improved financial bids from shortlisted investors seeking to buy a majority stake in its second-largest port, two officials said on Tuesday.
Cyprus Negotiations: New Initiative – New Failure?
A very interesting “Risk Analysis” on the Cyprus dispute, the on going negotiations and the prospects for a just and viable solution.
Greece's National Bank gets four bids for insurance unit, says source
Four investors submitted binding bids to acquire a majority stake in Greek lender National Bank's (NBG) insurance unit, a banking source close to the deal told Reuters on Tuesday.
Greece's second largest lender by assets is looking to sell its National Insurance subsidiary as part of a restructuring plan it has agreed with regulators to exit from non-banking operations.
5km Long Queue of Trucks at the Exit of Kapitan Andreevo Border Checkpoint
At Kapitan Andreevo border checkpoint, a 5km long queue of cargo vehicles formed at the exit, while at Lesovo border checkpoint there was a 1.5km long queue of trucks at the exit. This was announced by the press centre of Chief Directorate Border Police.
Greece expresses condolences after deadly St Petersburg blast
The Greek Foreign Ministry on Monday night issued a statement expressing support for the people of Russia following a bomb attack on the St Petersburg metro earlier in the day that killed 11 people.
The Cyprus conundrum in Turkey-EU relations
It would be political shortsightedness not to see that a serious decline in Turkey's relations with Europe is in the making. At this stage, resorting to blame games does not help: Turkey is hardly satisfied with the approach pursued by the EU vis-a-vis Turkey over the last 10 years, while Turkey's performance in complying with EU standards has not been convincing either.
Cruise tourism industry expects further drop in Greece next year
The number of cruise passengers passing through Greece is anticipated to drop further next year, according to Panayiotis Kampouroglou, chief executive officer at ICTS Hellas and executive vice president of ICTS Europe, which is involved in air and maritime transport security.
Greek consumer confidence in tatters
Greece is stuck between a rock and a hard place. The extended negotiations between the government and the representatives of the eurozone and the International Monetary Fund have strangled consumption in Greece, as the delays in the completion of the second review of the country's third bailout are generating uncertainty among households and enterprises.
A home for refugees in Livadia
Children are seen drawing pictures in the middle of a soccer field, during an event designed to bring together locals and refugees in the town of Livadia, central Greece. Migration Minister Yiannis Mouzalas and UNHCR representative Philippe Leclerc visited Livadia to support a UN-backed program to provide apartments to refugees.
IMF head disagrees with German Finance Minister Wolfgang Schauble
IMF Director Christine Lagarde called for a restructuring of the Greek debt and reforms in the economy during a speech in Washington, Monday in order for the organisation to support the bailout program.
Crucifix Icon in Jerusalem opens eyes! (photos-video)
There have been many claims over the years of miracles in the Christian faith. Some have proven to be exaggerations, while others could not be explained in any scientific way, like the Vastas Orthodox Church of St. Theodoroa in Arkadia, Greece, where scientists are baffled on how a small chapel is still standing with a large tree growing out of it.
Mediterranean pipeline could be built by 2025
European and Israeli governments gave their support on Monday to moving forward with a Mediterranean pipeline project to carry natural gas from Israel to Europe, setting a target date of 2025 for completion.
The planned 2,000-kilometer pipeline aims to link gas fields off the coasts of Israel and Cyprus with Greece and possibly Italy, at a cost of up to 6 billion euros.