Latest News from Greece

Lavrov is expected to visit Greece next week

Russian Foreign Minister Sergey Lavrov is expected to visit Greece on Tuesday and Wednesday to attend a Russian-Greek forum being organized as part of the Year of Greek-Russian Friendship, sources said Thursday.

On Wednesday, Lavrov is expected to meet with his Greek counterpart Nikos Kotzias and Greek President Prokopis Pavlopoulos.

IMF says decision on new loan possible by year-end

The International Monetary Fund said on Thursday it was possible that it could decide by year-end whether to participate in a new Greek loan program with IMF funding.

Ankara: NATO migrant mission no longer needed

Turkey has called for an end to NATO's counter-migration mission in the Aegean Sea, telling the U.S.-led alliance that the sharp drop in refugees trying to get to Greece means there is no longer a need for warships to patrol its coast. 

'Refugees' in Aegean turn out to be Colombian tourists

Coast Guard teams in the southwestern Turkish district of Bodrum searched Colombian tourists on Oct. 26 after suspecting that a family in a tour boat might be refugees trying to cross the Aegean Sea, Doğan News Agency has reported.

Tourists on the boat spotted people who were swimming with life jackets near the boat, believing that they were migrants. 

Turkey calls for end to NATO's migrant mission in Aegean

Turkey is seeking an end to NATO's counter-migration mission in the Aegean Sea, telling the US-led alliance that the sharp drop in refugees trying to get to Greece means there is no longer a need for warships to patrol its coast.

Mistotakis calls for elections

Kyriakos Mitsotakis, leader of Greece’s major opposition party, New Democracy (ND) issued a staunch warning towards the Greek government to avoid attempting to manipulate or influence the justice system in any way, following Wednesday night’s ruling by the Council of State (CoS) on the unconstitutionality of the TV license tender. “I had warned Mr.

Banks propose electronic foreclosures

Banks are proposing that foreclosures should be done electronically in a bid to overcome the resistance put up by a growing movement blocking repossessions at courts around the country.

If adopted, the idea would mean that the physical presence of notaries - one of the main targets of protesters - would not be required.

Greece concludes 400-mln-euro privatization of Astir Palace resort

Greece's privatization agency said it concluded the 400-million-euro ($437 million) sale of Astir Palace, a luxury seaside resort outside Athens, to Turkish-Arab fund Jermyn Street Real Estate Fund on Thursday.

Student’s parade in Thessaloniki under way (videos)

The students’ parade in Thessaloniki commemorating the “OXI Day”, Greece’s refusal to let the axis forces of Mussolini invade Greece in the Second World War on October 28, 1940, is under way with large crowds in attendance. Youth from secondary schools designated by the Education Ministry are participating in the celebration.

Spokeswoman says 'nothing will stand in government's way' on TV licenses

Government spokeswoman Olga Gerovassili said in the wake of a Council of State verdict deeming a recent TV license auction unconstitutional, that "nothing will stand in the way of the government's determination to bring some order to the radio and television landscape."

On the occasion of Ochi Day

Just after the Hellenic Navy light cruiser Elli was torpedoed on August 15, 1940, Ioannis Metaxas called a meeting of high-ranking officials and announced that Greece had come under attack from the Italians and was prepared, if necessary, to go to war.

Greek Money 'Boosts Bulgarian, Romanian Banks'

Capital flight from Greek banks last year has boosted deposits in Bulgaria and Romania, English-language Kathimerini says.

Deposits in Bulgaria rose 10% last year, while in its neighbor Romania the value was 8%.

Greece, on the other hand, saw a 23% slump over the same period.

CoS TV law ruling: Government and parties’ reactions

The bombshell ruling by Greece’s Supreme Administrative Court, the Council of State (CoS), against the constitutionality of the TV law passed by the Greek government portents serious developments in the domestic political system, with opposition parties calling for early elections and the government harshly criticising the court’s decision.

TV license law deemed unconstitutional

The Council of State ruled on Wednesday that the law on which the government auction for the television licenses was based contravenes Greece's Constitution.

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