Latest News from Greece
Greece's dominant power utility PPC won approval from the energy regulator to produce electricity at two wind parks it plans to build in northern Greece, it said on Wednesday.
The production license opens the way for the construction of the 106-megawatt-capacity parks in Rodopi, a project which is estimated to cost 127.2 million euros ($161.47 million).
Archeologists in Greece have uncovered a rare wooden statue preserved in the muddy depths of an ancient well in Piraeus, the port of Athens.
A Culture Ministry statement said Tuesday that the roughly half-meter (20-inch) high dressed male figure was found... ...
Greece's biggest lender by assets National Bank said on Wednesday its Turkish unit Finansbank has submitted a plan to capital market authorities to raise up to 715 million Turkish lira (318.91 million US dollar) via an issue of new shares.
NBG aims to red... ...
Prudential Financial Inc. held on to its Greek government bonds that are due in five years or less even as the nation’s securities last week dropped the most in a year.
There’s a good chance the market has already priced in most of Greece’ bad news, accor... ...
Andreas Taprantzis has stepped down as executive director at Greece's privatization agency TAIPED, a statement said Wednesday.
The reasons for his resignation were not made public.
TAIPED said Taprantzis's resignation will go into effect on November 1st, ... ...
Bulgarians are among the peoples in the world who really hate their government.
According to the Global States Of Mind Gallup survey, 87% of Bulgarians disapprove of their leadership. This ranks the country second in the world after Bosnia and Herzegovina, where only 8% of the population approves the leadership.
Archaeologists digging at a tomb dating to the era of Alexander the Great in ancient Amphipolis in northern Greece have found the missing head of one of the two sphinxes guarding the entrance of the grave.
According to a statement yesterday by the Culture Ministry, the head, which was found inside the tombs third chamber, belongs to the statue on the eastern side of the entrance.
A dispute between New Democracy and PASOK over civil servants salaries continued Tuesday, underlining the big task facing Prime Minister Antonis Samaras and Deputy Prime Minister Evangelos Venizelos as they prepare to meet Wednesday to discuss the governments strategy ahead of the troikas return to Athens.