Latest News from Greece
End of EU Summit reveals cracks within EU on many issues
The results of the EU27 informal Summit held in Bratislava reaffirmed what was becoming conspicuously clearer, a steady and gradual division within the union on a number of issues, ranging from the challenges the continent faced on the refugee crisis and the Brexit to the economic policies needed to exit the economic crisis in the periphery and measures to counter terrorism.
Public properties being sold for a fraction of their actual value
Public properties, including real estate assets, are very often sold for extremely low prices, as the political risk factor supersedes even the crucial financial risk that comes with investing in Greece.
Electricity bills to go up by 4-5 percent
The implementation of the prior actions required by Greece's creditors for the release of the next bailout subtranche will lead to electricity bills rising by 4 to 5 percent.
The rate rises stem from the adjustment of the levy for renewable energy sources, aimed at eliminating the deficit of the RES account.
Creditors shoot down proposals as gov't works on prior actions
Representatives of Greece's international creditors ended their exploratory talks in Athens on Friday with serious reservations about a series of policies being promoted by the government, including some heralded by Prime Minister Alexis Tsipras in Thessaloniki last week, while they concluded that only half the prior actions tied to the next tranche of 2.8 billion euros have been implemented.
French-Canadian pianist makes crisis-stricken Greece his home
My first encounter with Alain Lefevre was back in 2002, when the French-Canadian pianist and composer visited Athens for a concert at the Greek capital's concert hall.
Romanian couple to face justice for 2012 Athens murder
A couple have been arrested in Romania for the murder and butchering of an 84-year-old man in the Aegaleo suburb of Athens in 2012.
The man and woman, both 37, had fled to their native Romania after the crime, but were arrested by Romanian police on international arrest warrants issued by Greek police.
Greece’s lenders leave with no progress in sight
Negotiations between the Greek government and its creditors ended on Friday, after the three representatives of the ‘Quartet’ departed from Athens.
Israeli defense minister hails best-ever Cyprus-Israel ties
Israel's defense minister says ties between his country and neighboring Cyprus are probably at their best ever.
Avigdor Lieberman said Friday that the two countries are "very, very reliable friends," despite all the political and security problems plaguing the region.
EU and IMF still at odds with Greece over privatization fund head
Greece and its foreign creditors are still at odds over who will oversee a new privatization fund, a Finance Ministry official said on Friday, an issue which must be resolved for Athens to qualify for fresh bailout aid.
Islands in a furor over rumors of more migrant hot spots
Local authorities on the Greek islands of Lesvos and Chios - both on the front line of the migrant crisis threatening European cohesion - have reacted strongly to suggestions that more migrant and refugee processing centers are to be built on their territory, as Greece struggles to manage growing numbers of arrivals.
Greek tourism, wine and olive oil interests Chinese consumers
Greek products such as olive oil and wine could have a significant presence in the electronic platform of Alibaba Group, the managing director of Alibaba for Italy, Spain, Portugal and Greece said on Wednesday.
Tsipras focuses on the safety of Europe in Bratislava
The safety of Europe, the refugee crisis and the economic growth are the issues that the Greek Prime Minister will seek to be talked at the European Council in Bratislana on Friday.
Europe must exist with one face or it won’t exist, President tells CNN
The European Union must exist with one face and in one speed, otherwise it cannot exist at all, President Prokopis Pavlopoulos said in an interview with CNN and Christiane Amanpour, which aired on Thursday.
Pavlopoulos was responding to a question about the Brexit and its effects and whether it is possible to create a two-speed Europe instead, like Hungary has suggested.
Greece lags in economic freedom
Greece may have been accused of pursuing neoliberal policies in 2014 by the now-ruling leftists, but in fact this country then ranked a rather poor 86th among 159 states, according to the new Economic Freedom of the World report from Canada's Fraser Institute, which is based on data from that year.
Acropolis Museum in world’s top 10 Institutes
Users of the TripAdvisor website have voted the Acropolis Museum in Athens the best museum in Greece, making it ninth in the world.