Latest News from Greece

Traffic Jam Blocks Road to Greece Along Struma Highway

An impressive traffic jam has been formed along the Struma highway close to Dupnitsa as more and more cars are heading to Greece, as announced by the Bulgarian National Radio.

The line of vehicles has been formed on account of the increased traffic and the construction works in the final stages of the Struma highway project.

Greeks awaiting justice in Nazi massacre village, 70 years on

Loukas Sehremelis was just 12 years old when Nazi troops burst into his house in the Greek village of Distomo, shooting and killing indiscriminately.

"A burly German soldier launched himself through the window and fired a shot in the air from his pistol," said Sehremelis, now 83, sitting in the tiny living room where his family was massacred on June 10, 1944.

Cash-strapped govt in feverish talks even over Orthodox Easter

The Easter miracle of “Resurrection” is still a ways away for the radical leftist Greek government, as it turns its focus towards the April 24 Eurogroup meeting after Greek PM Alexis Tsipras talks and photo-ops in Moscow.

The Greek government apparently knows full well that time is running out in order to find a solution — i.e. cash –  in the Eurogroup.

European junk bonds gain as growth optimism outweighs Greek woes

By Selcuk Gokoluk

Junk-bond yields dropped every day this month as the prospect of an economic recovery in the euro area outweighed concern that policy makers would fail to reach a breakthrough in Greece?s debt talks.

"No need for either hegemony or leadership in Europe"

"No need for either hegemony or leadership in Europe"

MOSCOW -- A Greek government minister had told Sputnik that Prime Minister Alexis Tsipras' visit to Moscow this week launched "a new era" in the two countries' relations.

Bund yields near troughs as QE trumps U.S. data, Greek repayment

German Bund yields fell back towards record lows on Friday, as the European Central Bank's bond-buying programme offset the improving appetite for riskier assets following a Greek debt repayment and the impact of stronger U.S. jobs data.

More Than 100,000 People Travel Abroad Over the Holidays

Over 100,000 people will be travelling abroad over the Easter holidays. Approximately the same number of people will be going to various places across the country.

The statement was made by the Chair of the Association of the Bulgarian Tourist Agencies, Bayko Baykov in an interview for Focus News.

Contraband is big business in Greece

Organized crime in the European Union generates about 110 billion euros a year, corresponding to around 1 percent of the EU?s gross domestic product, a recent report commissioned by the European Commission found, with the bulk of that coming from the ?traditional? market of illegal narcotics.

FYROM push expected at EU meeting

Athens is bracing for some European Union members to push for accession talks with the Former Yugoslav Republic of Macedonia (FYROM) to begin regardless of the country?s ongoing negotiations with Greece to settle the name dispute.

Islands of eastern Aegean struggle as migrant influx triples

The islands of the eastern Aegean are struggling to cope with an influx of would-be immigrants from neighboring Turkey, according to the Hellenic Coast Guard, whose latest figures show arrivals have tripled in the first quarter of 2015 compared to the same period last year.

Greece and lenders head back to technical talks

Technical work aimed at securing a basis for an agreement between Greece and its lenders is expected to begin in Athens and Brussels on Monday ahead of a Eurogroup meeting on April 24.

Contraction foreseen in IT market

Greece?s political and economic uncertainty has had a negative impact on sales of computers and information technology equipment in the country, according to a study by the IBHS research company, which forecasts a decline for the 2015-16 period.