Latest News from Greece

Bailout countries' bonds climb despite EU poll results

Spanish bonds advanced on Monday on speculation the European Central Bank will increase economic stimulus and as European stocks climbed.

Greek, Irish and Portuguese bonds also gained even as parties opposed to closer European Union surged in the polls.

Turkish military vessels enter Greek waters

Five Turkish warships taking part in the Beyaz Firtina 2014 naval exercise entered Greek territorial waters in the Aegean Sea on Monday.

In a statement, Greece’s National Defense General Staff (GEETHA) said the Kemal Reis, Meltem, Imbat, Ruzgar and Firtina vessels did not stay within the annual drill’s delineated area and were observed sailing around the Cyclades island complex.

Police in northern Greece bust up drug ring

Six suspects have been arrested, authorities in Serres, northeastern Greece, said on Monday as police cracked down on a Greek-Albanian criminal drugs racket.

Police said they are looking for another four suspects, including an Albanian national believed to be the leader of the organization.

Protest parties surge in European vote from UK to Greece

By James G. Neuger

Protest parties racked up gains across the 28-nation European Union in elections to the bloc’s Parliament, turning the assembly designed to unite Europe into an echo chamber for politicians who want to tear it apart.

WWII hero Glezos, 91, to become MEP along with Zagorakis and 19 others

World War Two hero Manolis Glezos is set to be elected to European Parliament at the age of 91 following Sunday’s vote in Greece. He is set to be joined in Brussels and Strasbourg by the former captain of Greece’s Euro 2004-winning soccer team, Theodoros Zagorakis.

Kaminis and Boutaris hold seats but other key municipalities change hands

Giorgos Kaminis and Yiannis Boutaris retained the mayorships of Athens and Thessaloniki in the second round of local elections on Sunday but there were changes in key Greek cities.

Patra, Greece’s third largest city, was won by Communist Party candidate Costas Peletidis. In Iraklio, Crete, independent hopeful Vassilis Lambrinos beat PASOK-backed incumbent Yiannis Kourakis.

Tsipras to meet Greek president after election win

SYRIZA leader Alexis Tsipras is due to meet Greek President Karolos Papoulias at 1 p.m. on Monday to discuss the outcome of Sunday's European Parliament and local elections.

Tsipras's party came out on top in the EU vote, taking 26.5 percent of the vote against 22.7 for New Democracy. The SYRIZA leader said that the results raises questions about the coalition's legitimacy.

SYRIZA's Dourou takes Attica as New Democracy dominates other regions

SYRIZA took control of Greece’s largest region, Attica, on Sunday but candidates backed by New Democracy were victorious in the majority of the 13 districts.

Leftist candidate Rena Dourou edged out Attica Governor Yiannis Sgouros by winning 50.83 percent in the closest result of the night. It is the first time that a left wing party has taken control of Attica.

SYRIZA win in EU vote not a cause for snap elections, says Samaras

With almost all the votes counted in the European Parliament elections, SYRIZA has a 3.8 percentage point lead over New Democracy but Prime Minister Antonis Samaras insists this is not enough to trigger early general elections.

25 Thousand Bulgarian Citizens Vote Abroad

A total of 25,353 Bulgarians have exercised their right to vote in the European elections from abroad.

The highest number of Bulgarian voters was registered in Spain, Germany, Belgium, the UK, France, Cyprus and Greece, Darik news reports.

Greece cannot afford election concerns

 The inertia and inaction which are evident in the public sector should not become the economic norm

By Dimitris Kontogiannis

SYRIZA scores first election win but coalition stands firm after EU vote

SYRIZA gained the first electoral victory in its history on Sunday as it came first in the European Parliament vote but failed to establish a big enough gap over the coalition, for which PASOK performed better than expected, to suggest that the government’s stability is in question.

Gov't eyeing extra 2 billion euros in EU subsidies

By Evgenia Tzortzi

The program for the 2014-20 European Union subsidy funding period will entail the investment of 26 billion euros. On top of the 20.8 billion set to come from Brussels, another 5.2 billion from Greece will be added. This includes an extra 2 billion euros that the Greek side will attempt to obtain in 2016 by utilizing the revision clause.