Latest News from Greece
Stournaras tells gov't to introduce reforms
Bank of Greece Governor Yannis Stournaras sent the government a clear message on Wednesday to move ahead with the implementation of the necessary reforms, telling an event that "this is not the time to throw in the towel. We have covered 90 percent of the adjustment required."
Tourism expenditure per trip hits new low of 514.30 euros last year
The amount spent by visitors to Greece dropped to its lowest level in at least 15 years in 2016, according to figures released this week by the Bank of Greece.
Tourism expenditure per trip hit new low of 514.30 euros last year
The amount spent by visitors to Greece dropped to its lowest level in at least 15 years in 2016, according to figures released this week by the Bank of Greece.
Lagarde: Reforms first, debt relief later
Christine Lagarde repeated the IMF’s position that the Greek debt is non-viable but she agreed with Chancellor Merkel’s opinion that before there is any talk about a debt relief, the reforms must be completed.
Regling: Greece to borrow on markets from mid-2018
Greece will probably be able to borrow money on the markets from the middle of next year and if the next 18 months are put to good use Athens probably won't need another bailout, the head of the eurozone bailout fund has told a German newspaper.
Zara to open megastore near Athens Airport
Greek real estate development company REDS announced on Wednesday that multinational apparel chain Zara has agreed to lease a space totaling more than 3,000 square meters at Smart Park in Spata, near Athens International Airport.
The retail and entertainment center is owned by REDS, a member of the Ellaktor group of companies.
This will be Zara's biggest store in Greece.
Turkish Cypriot leader refuses to attend talks
Turkish Cypriot President Mustafa Akıncı has refused to attend a scheduled leaders' meeting on Feb. 23 on the grounds that Greek Cyprus has done nothing to repeal a recent law to permit schools to mark a vote to unify the island with Greece.
Azerbaijan Waiting for Bulgaria To Construct Gas Link With Greece
The construction of the gas link between Bulgaria and Greece is expected to start in the beginning of 2018, stated interim Energy Minister Nikolay Pavlov in Azerbaijan.
Pavlov pointed out that intensive work is being conducted at the moment on the preparation of the documents for the announcement of the tender for the construction of the intersystem connector.
3 migrants die as boat sinks on river marking Turkey-Greece border
Three migrants were killed when a boat carrying at least eight people sank on the Maritza River in northwestern Turkey early on Feb. 22, state-run Anadolu Agency reported.
Greek Cypriot move to have negative impact on talks, Turkey spokesman says
A Greek Cypriot decision to commemorate a plebiscite on union with Greece more than 60 years ago will have a negative impact on reunification talks on the Mediterranean island, President Tayyip Erdogan's spokesman said on Wednesday.
Poll: 52% Germans want Grexit!
Over half of the Germans polled said they wanted Greece to exit the Eurozone in a survey conducted, while only 24 were favourable to Greece remaining part of the common currency union. 53% of Germans were in favour of cutting off financial support to Greece, according to the survey conducted by the Forsa Research Institute for magazine Stern.
Anastasiades says regrets Akinci's decision not to attend talks
Cypriot President Nicos Anastasiades expressed regret on Wednesday over the decision of Turkish Cypriot leader Mustafa Akinci not to attend scheduled peace talks on Thursday.
"I am ready to continue the dialogue at any time," Anastasiades wrote on Twitter.
Turkish coast guard vessels approach Imia islets at night
Turkish coast guard vessels entered Greek territorial waters near the islets of Imia, in the early hours of Wednesday, Kathimerini understands.
The Turkish boats were reportedly monitored by vessels of the Hellenic Navy and Coast Guard.
TripAdvisor Travellers’ Choice Awards: 3 Greek beaches in top 20 globally (photos)
Three Greek beaches are among the top 20 in the world, according to TripAdvisor’s 2017 Travellers’ Choice Awards. Elafonisi in Chania, Crete comes in 9th in the top ten list globally, while it is 2nd best in Europe. Five Greek beaches are included in the best 20 European beaches for 2017. Here is the European list:
1. La Concha Beach, San Sebastian, Spain