Latest News from Greece

Nearly 70 wildfires reported in 24 hours

Beachgoers watch a firefighting helicopter scoop up water from the sea at the coastal resort of Loutraki, near Corinth, on Tuesday. A wildfire that started on Saturday on the area's Mount Geraneia and burned through hundreds of hectares of brush and trees over the weekend and on Monday, experienced fresh conflagrations Tuesday, which, however, were quickly doused.

OTE taps markets securing record low interest rate

OTE telecom announced on Wednesday the conclusion on Tuesday of the bookbuilding process for the issuance of a 500 million-euro seven-year bond in international debt capital markets.
The issuance was strongly oversubscribed allowing tight pricing. The coupon was set at 0.875 percent, the lowest ever achieved, OTE stated.

Pupils' faith, nationality no longer to feature on certificates

A decision by the Education Ministry made public on Tuesday formally ends the practice of Greek schools publishing the religious faith and nationality of pupils on school certificates and the ministry's Myschool website.   

ATHEX: Small decline on bourse as turnover drops

Greece's bourse index came down from a six-week high to record moderate losses on Tuesday, but listed companies are mainly focused on the two-day London roadshow they are launching on Wednesday, with the participation of Finance Minister Christos Staikouras on Thursday. That may also explain the fresh slump in turnover on Tuesday.

ND, SYRIZA making inroads into KINAL territory

Developments at the Thessaloniki International Fair (TIF) confirmed that Greece's political landscape is gradually reverting to the traditional bipolar system of yesteryear, a system that came to an abrupt end with the country's financial meltdown.

Regained credibility

It is happening sooner than anticipated: Two major Greek companies - namely oil refiner Hellenic Petroleum and OTE telecom - are preparing to borrow hundreds of millions of euros from the markets. Meanwhile, the country is about to rid itself of the expensive loans granted by the International Monetary Fund and plans to tap financial markets.

Editorial: The dangers of an oil war

It is common knowledge that our world is becoming ever more unpredictable and insecure.

An unexpected attack in a regional clash is enough to spark global tumult.

Δείτε επίσης:Τάκης Σπυριδάκης: Ο τελευταίος καφές του με τον Ρένο Χαραλαμπίδη

Labor inspectors target under-declared labor

Greece's Labor Ministry is planning to crack down on employers using old and new tricks in order to dodge inspections and get away with breaking labor regulations.
The ministry will not only target employers who haven't registered their employees but also those under-report the hours they work.

EU's Tusk: North Macedonia is ready for EU membership talks

European Council President Donald Tusk says North Macedonia is ready to start membership talks with the European Union, following a deal the country reached with neighboring Greece to change its name.
Tusk spoke Tuesday during a visit to Skopje, where he met with President Stevo Pendarovski and Prime Minister Zoran Zaev.

Mitsotakis, Kurz agree on need to boost external EU borders

Greek Premier Kyriakos Mitsotakis spoke on the phone with Austria's Sebastian Kurz on Tuesday afternoon, who wanted to be briefed about the increase in migration flows in recent weeks.

Yiannis Haroulis | Thessaloniki | September 18

Folk-rock act Yiannis Haroulis, a skilled hand at the Cretan lute and an artist inspired by that island's musical heritage, will perform at the Seikh Sou Forest (Dasos) Theater on Wednesday, September 18. Presenting new and older work, Haroulis is joined by a seven-member band. The show starts at 9 p.m.

EU official: North Macedonia ready for EU membership talks

European Council President Donald Tusk says North Macedonia is ready to start membership talks with the European Union, following a deal the country reached with neighboring Greece to change its name.
Tusk spoke Tuesday during a visit to Skopje, where he met with President Stevo Pendarovski and Prime Minister Zoran Zaev.

OTE Telecom opens books for 7-year bond issue

Greece's biggest telecoms operator OTE is tapping debt markets with a 7-year bond, aiming to raise 500 million euros ($551.05 million), it said on Tuesday.
The bookbuilding process opened earlier on Tuesday, OTE, which is 45% owned and managed by Germany's Deutsche Telekom , said.

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