Latest News from Greece

Bulgaria's Exports Grew 4% in 2015 - Final Data

Bulgaria exported BGN 44.949 M worth of goods last year, the National Statistical Institute (NSI)'s final data shows.

The figure constitutes an increase of 4% compared to the previous year.

The highest growth in exports was observed in March (24.4%), the largest fall having been in September (7.5%).

Bailout inspectors back in Greece as reforms delayed

Inspectors from Greece's bailout creditors have returned to Athens as the Greek government faces calls to speed up the implementation of economic reforms so it can get more rescue loans.

MNI news agency: Talks on Greek debt after German elections

A day after Greek PM Alexis Tsipras’s statements during the TIF press conference that the political process in Germany should not stand in the way of discussions over a possible Greek debt relief, financial news agency MNI reported that any talks of a debt restructuring would be postponed until after the German elections, scheduled to take place in exactly one year.

Police arrest Iraqi for sale of fake IDs on Lesvos

A 35-year old Iraqi man was arrested by Greek police on the island of Lesvos for allegedly possessing four fake Italian IDs. The Mytilene police detained the man, who was also found to be carrying 800 Euros, in the capital of the island in broad daylight and have launched an investigation to detect the source that provided the suspect with the false IDs.

Greek PM lands in Thasos to inspect fire (aerial video of burnt lands+photos)

Greek PM Alexis Tspiras has arrived on the island of Thasos to inspect the situation and see the catastrophic effects of the wildfire that has ravages forests and farmlands for the past past 3 days. Tsipras arrived a little before 11 am on Monday morning in a military Chinook helicopter.

Greek officials to resume talks with creditors

Government officials were to resume talks with representatives of the country's international creditors in Athens on Monday.

The talks are to begin in the afternoon and to focus on Greece's efforts to crack down on corruption and on the creation of a new privatization fund, Finance Ministry officials said.

One in two pensioners lose money from Tsipras’s ‘squaring the circle’ speech

Despite the Greek PM Alexis Tsipras’s claim that he had managed to ’square the circle’ during his speech at the Thessaloniki International Fair, Sunday, the numbers paint a different story regarding the cuts in pensions. Half of the Greek pensioners (1.2 million) saw a cuts in their meagre incomes ranging from a few Euros to 230 Euros (abolition of the EKAS benefit).

Food prices keep rising despite shrinking household incomes

While households' disposable income keeps shrinking, consumers also face the constant increase of prices in dozens of commodities, particularly food products, making Greece one of the most expensive countries in the European Union in this domain.

Greek PM Calls for Deepening Ties With Russia

BELGRADE - Greece is going to develop ties with Russia in all spheres, country's Prime Minister Alexis Tsipras said at the opening ceremony of the 81st Thessaloniki International Fair.

PM says debt solution 'closer than ever'

Prime Minister Alexis Tsipras on Sunday declared that Greece was "closer than ever" to a settlement to its debt problem while underlining that a rift between the European Union and the International Monetary Fund on that issue was damaging for the country.

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