Latest News from Greece

Murder suspect arrested in Almyros, Magnesia

A 36-year-old man was arrested on Wednesday in the village of Almyros in Magnesia, central Greece, in connection with the murder of a 64-year-old businessman.

The suspect worked for the victim, according to local media, which said that the body of the 64-year-old, who had died from gunshot wounds, was found by his son.

Greece vows to improve migrant reception centers

Greece, a frontline country for migrants fleeing to Europe from war and poverty, vowed on Wednesday to improve living conditions in its overcrowded island camps.

Grivalia Properties to invest in a tourism asset abroad

Athens-listed property management company Grivalia Properties is expected to make its first investment move in the hotel and tourism sector at the start of 2017. Sources say the firm will sign a deal for the development of a tourism property abroad - and not in Greece where it had originally focused its efforts.

Bulgaria: 16 Events Worth Remembering of 2016 (Part 2)

Novinite is publishing highlights of the year, using only one selection criteria: those which gained the biggest reader interest throughout 2016 have made it into the shortlist.

The events are ordered chronologically, according to the moment they began, even if their major development occurred over the months to come.

Banks eye more loan issues in 2017

After six-and-a-half years of credit contraction, Greek banks are hoping that 2017 will be the first that the amount of loans issued will expand. Sector officials estimate that if things go smoothly next year and the country is not plunged into fresh turmoil, then 2017 could see a 5-billion-euro increase in loans, with the credit expansion rate estimated at 2 percent.

A world distinction for the Greek passport: It is among the 6 strongest in the world

According to the Passport Index annual report Greece is in the 6th position in the world ranking, as the Greek passport holders can travel to 153 countries without the need of a visa.

 

The Passport Index is an indicator of the strength of the passports of all countries based on the number of countries they can travel to without visa.

 

Finance minister's letter to creditors appeases concerns

Opposition pressure on Tuesday prompted the government to publish a letter sent by Finance Minister Euclid Tsakalotos to Greece's foreign creditors in an attempt at damage control following a rift between Athens and Brussels before the Christmas holidays.

Cautious traders keep Greek bond yields high

Two-year Greek government bond yields traded at 7.86 percent on Tuesday, close to recent highs, as investors reacted cautiously to weekend comments from Eurogroup chief Jeroen Dijsselbloem that talks about initial debt relief measures for Athens would resume.

Debt relief was frozen mid-month over Greece's decision to pay pensioners a Christmas bonus.

Bolshoi Theater | Athens | To February 12

The Athens Concert Hall presents "The Magical World of the Bolshoi Theater," an exhibition showcasing exhibits from the renowned Moscow ballet company. The Bolshoi Theater was established in 1776. Going on display are costumes, scenery maquettes and other items.

Cold snap on the way, says weather service

Greece is bracing for a cold snap as of Wednesday with heavy snowfall expected in some parts of the country, according to the National Meteorological Service (EMY).

On Wednesday, snow is forecast for mountainous parts in Macedonia, Thrace, the northeastern Aegean islands, Thessaly, the eastern-central mainland (Sterea) and parts of the Peloponnese.

Tsakalotos's letter to creditors leaked to the press

A letter from Greek Finance Minister Euclid Tsakalotos to the country's creditors, reaffirming the left-led government's commitment to reforms demanded as part of Greece's third bailout, has been leaked to the press.

Opposition parties urge government to disclose Tsakalotos letter to creditors

Opposition parties on Tuesday urged the leftist-led government to disclose the content of a recent letter by Finance Minister Euclid Tsakalotos to Greece's creditors reaffirming the administration's commitments to reforms demanded as part of the nation's third bailout.

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