Latest News from Greece

Greece eyes bailout review deal in early days of 2017 at latest

Greece said on Tuesday it can conclude the latest review of its bailout with its international lenders by early next year but reiterated that its position on fiscal targets and labor reforms remains "unchanged."

Representatives from the country's EU and International Monetary Fund lenders resume talks with Athens later on Tuesday in an effort to break an impasse in negotiations.

Greeks the most pessimistic of all, OECD study shows

Only 24% of Greeks believe the future generations of the country will have a better life, according to joint survey by the OECD and the World bank. The report revealed that Greeks were thee least happy and most dissatisfied of all all Europeans, according to Greek newspaper “Nafetmporiki”.

EU to reinforce Frontex presence in Greece, says German report

The European Union border control agency Frontex was reinforcing its presence in Greece, a Spiegel Online report said on Tuesday.
 
According to the report, an increased Frontex presence pointed to the EU preparing the ground for a possible cancellation of a deal signed with Turkey regarding migrants.

Who drinks the most beer in Europe (infographic)

Which European countries tend to drink the most beer every year? The Czech Republic is well known as a haven for beer lovers, tracing its brewing history all the way back to the Břevnov Monastery in 993.

Archaeologists discover 2,500 lost city in Thessaly (photos)

Archaeologists have unearthed a lost ancient city in the region of Thessaly, Greece dating back 2,500 years! The amazing discovery was made by researchers from the University of Gothenburg and the University of Bournmouth. The excavations teams started exploring the ruins at a village called Vlochos, about 300km north of Athens.

What’s with Tuesday the 13th and Greeks?

Unlike the “English world” who considers Friday the 13th a day of bad luck, the Greeks have marked down Tuesday the 13th on their calendars as the unluckiest day of all. A number of reasons can be cited for the superstitions surrounding 13. one reason Greeks have associated that particular day with bad luck finds its roots in the Byzantine era and more specifically in Christian Orthodoxy.

PPC sees bad debt provisions dropping sharply this year, says CEO

Greece's main power utility Public Power Corp. (PPC) will see a sharp drop in provisions for overdue bills this year helped by a repayment scheme launched in April, its chief executive said late on Monday.

Varoufakis: Schauble wants to control French budget

“Do you have the impression that Schauble cares about Greece? He knows that there is no way the memorandums will succeed in our country. The only thing he wants is to control the French budget”, ex-Finance Minister of Greece Yianis Varoufakis told an audience during the presentation of his new book titled “The Abduction of Europe”.

Report: More must be done to fight party corruption

Greece has a poor track record in fighting corruption in party financing, bribery and trading in influence, according to new report by the Council of Europe's Group of States against Corruption (GRECO), which said it saw no improvement since its last report in June, 2015.

Diplomatic activity in full throttle ahead of Geneva talks

A month before crucial United Nations talks on the Cyprus issue in Geneva, which have been portrayed as a last chance to achieve reunification of the Mediterranean island, diplomatic activity is in full throttle.

Greek Prime Minister Alexis Tsipras and Cyprus President Nicos Anastasiades will meet Wednesday in Brussels ahead of a European Union leaders summit on Thursday.

Public security

Public security in Greece has clearly deteriorated and people are exposed to serious risks. Authorities have failed to investigate several terrorist strikes and murders. Rioters take every opportunity to destroy public and private property.

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