Latest News from Greece

George Soros considering investing in Greece


FRANKFURT - George Soros wants to invest in Europe’s financial sector, according to a German magazine’s interview with the billionaire investor on Sunday.

Kotsovolos owner Dixons pondering merger with Carphone Warehouse


Dixons Retail Plc, the largest UK consumer-electronics retailer and owner of Greece’s Kotsovolos chain, said on Monday it is in talks to merge with Carphone Warehouse Group Plc, bringing together companies with combined revenue of about 12 billion pounds ($20 billion).

Olympiakos scents blood against wounded United


Olympiakos manager Michel (right) with his defensive midfielder Yiannis Maniatis.

Olympiakos coach Michel says that his side will prey on any vulnerability in Manchester United's ranks when the teams meet in Tuesday's Champions League last 16 first-leg match in Piraeus.

Korydallos Prison inmates protest hospital conditions


Inmates held in Greece's only prison hospital are refusing food and medication as part of a protest campaign against what they see as dire conditions in the institution.

PM attends EBRD conference in London

PM Ivica Dačić participated in a high-level regional forum organized in London on Monday by the European Bank for Reconstruction and Development (EBRD).

He presented Serbia's results in the creation of favorable business and investment environment, emphasizing that no project can be implemented without stability of the region.

Macedonia Launches Construction of Key Motorways

Macedonian Prime Minister Nikola Gruevski announced over the weekend the start of work on the two new motorway segments financed by a loan of 574 million euro from the Chinese Export-Import Bank.

Macedonia and Greece sign military pact

Macedonia and Greece sign military pact

The two countries signed a plan for co-operation specifying joint activities this year.

Macedonia and Greece defence ministers Talat Xhaferi and Dimitris Avramopoulos at the signing of the bilateral plan for co-operation in Athens.[Macedonia Ministry of Defence]

Dacic to attend EBRD conference in London on Monday

BELGRADE - Serbian Prime Minister Ivica Dacic will participate in the high-level regional conference of the European Bank for Reconstruction and Development (EBRD) which will be held in London on Monday under the title 'Investing in the Western Balkans'.

National Theater to perform in Turkey

BELGRADE - Belgrade's National Theater will participate in the first International Balkan Countries' Theater Festival to be held in the Turkish city of Bursa on March 8-22, with their production of William Shakespeare's Henry VI, National Theater released on Thursday.

Besides the host country, the festival will gather theaters from Croatia, Bulgaria, Macedonia, Greece and Romania.

Venizelos Sounds Upbeat on Name Dispute With Macedonia

Greek Deputy Prime Minister and Foreign Minister Evangelos Venizelos - whose country holds the EU presidency - said he felt more optimistic on the “name” dispute after meeting Macedonian leaders on Thursday.

Tentative deal for extension agreed at Eurogroup

Greece and the Eurogroup agreed on Friday a deal to extend the country?s loan agreement for another four months, pending on lenders approving reform proposals due to be submitted by the Greek side on Monday.

Greece has turned a page, says gov't official

The government welcomed an agreement by eurozone finance ministers in Brussels late on Friday to extend Greece?s financial rescue by four months, saying it would give the newly-installed administration time to negotiate a new deal.

Greece deal reached as finance chiefs agree on funding extension

By Karl Stagno Navarra and Jonathan Stearns

Euro-area finance ministers reached an accord that would keep bailout funds flowing to Greece in return for a commitment to meet certain conditions, buying time to work out the detail of longer-term Greek financing.

Foreign Minister stresses Greek role in regional stability

Foreign Minister Nikos Kotzias used his appearance at a meeting of Med Group diplomats in Paris on Friday to stress the geopolitical importance of Greece?s eurozone partners helping to prevent the country?s economic collapse.

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