Latest News from Greece

Hoteliers ask for refugee plan to consider impact on tourism

Greece's failure in dealing with the challenge of the migrant and refugee crisis constitutes the biggest threat to the country's tourism, as the government appears unable to address and plan for the needs of the sector that brings in the biggest portion of incoming foreign currency.

PM to meet Russians to discuss Turkish Stream pipeline

Prime Minister Alexis Tsipras is due to meet with Russian officials in Thessaloniki on Saturday morning to discuss the possibility of the Turkish Stream pipeline, which will carry Russian natural gas to Turkey, being extended to Greece.

Med nations seek unity ahead of Bratislava meet

Leaders of the EU's southern countries taking part in an Athens summit on Friday sought to forge a common strategy ahead of next weeks informal gathering of European leaders in Bratislava to discuss the bloc's future in the aftermath of Brexit.

Move to ease overcrowding at migrant camps

Migration Policy Minister Yiannis Mouzalas met with officials on Chios on Friday to discuss measures to reduce the number of refugees on the island, which has suffered from overcrowding and disturbances at its migrant camps.

Statue of former queen to be inaugurated in Thessaloniki

A monument in tribute to former Queen Olga of Greece - the Grand Duchess Olga Constantinovna of Russia - will be unveiled on Saturday in Thessaloniki on Vassilissis Olgas II Avenue as part of the Year of Greece in Russia and Russia in Greece.

Deflation persists for a 42nd month

Greece's headline consumer price index fell 0.9 percent year-on-year in August, with the annual pace of deflation picking up from -1.0 percent in July, statistics service data showed on Friday.

This was the 42nd consecutive month of CPI decline. Consumer prices were led higher by alcoholic beverages, tobacco, durable goods, transportation, hotels and restaurants.

Athens urged to speed up reforms to get more bailout cash

European creditors urged the Greek government Friday to speed up the implementation of a series of economic reforms so it can get its hands on the next batch of bailout cash before the end of October.

Moscovici says two prior actions completed, 13 more to go

Greece has completed two out of 15 prior actions, Pierre Moscovici, the European commissioner for economic and financial affairs, told a press conference following a meeting of Eurozone finance ministers in Bratislava on Friday.

Eurogroup to Greece: Get back to work on bailout reforms

Eurozone finance ministers pushed Greece on Friday to get back to work on the bailout package before getting a new tranche of money.
Ministers at theinformal Eurogroup summit in Bratislava on Friday expressed concerns that the country, which was due to update the group, was falling behind schedule in its efforts.

Tsipras says debt relief needed for growth

Greek Prime Minister Alexis Tsipras warned euro zone leaders on Thursday his country would struggle to return to sustainable growth without a debt-relief deal.

Athens calls for pro-growth policies as 'Club Med' gathers

Greek Prime Minister Alexis Tsipras called for policies to foster growth as he prepared to host a summit of southern European states on Friday, saying they needed to have a bigger say in the future of Europe.

Pages