Latest News from Greece
EIB signs loan deal with Eurobank to fund small business
The European Investment Bank (EIB) said on Wednesday it had signed a deal to provide Greek lender Eurobank with a 40 million euro credit line to support small and medium-sized business lending and help the economy's recovery.
The agreement is part of the EIB's "jobs for youth" initiative, offering competitive interest rates to enterprises that promote youth employment.
Greece would be better off outside the eurozone, Krugman tells Athens Democracy Forum
Greece would be better off outside the eurozone, American economist and op-ed columnist for The New York Times Paul Krugman told the Athens Democracy Forum Wednesday.
Responding to a question by executive editor of Kathimerini newspaper Alexis Papachelas, the Nobel Prize-winning economist said: "the question is academic… it won't happen."
Primary schools in Oreokastro raise concerns over integration of refugee children
The parents’ refusal of two primary schools in Oreokatro to accept refugee children into classes, raising concerns over the possible spread of infectious diseases due to lack of vaccination, has brought the issue of the absence on the part of the Greek government of an organised plan to integrate refugee children into the education system to the forefront.
Greek-Israeli cooperation in defense, energy 'important'
Greece and Israel have developed strategic ties in the areas of defense and energy, while ongoing cooperation between the two countries' military leaderships in exchanging information on potential threats and carrying out joint exercises, is particularly important, says Robert Singer, chief executive officer and executive vice president of the World Jewish Congress, the leading umbrella organiz
Tourism revenue down in 1st half before peaking in summer
Before a spike in July and August, tourism accommodation and food service enterprises had suffered a notable drop in turnover during the first half of the year according to data released on Tuesday by the Hellenic Statistical Authority (ELSTAT).
The sector recorded a 1.1 percent annual drop in the period from April to June compared to last year.