Latest News from Greece

Bulgarians Made More Business, Holiday Trips Abroad in April

According to the latest figures of the National Statistical Institute (NSI), which were released on Wednesday, Bulgarians made more business trips and holiday travels abroad in April.

Bulgarians completed 369 000 trips abroad in April, which represented an increase of 14.2 % compared to the same month in 2014.

Macedonia Will Only Join Turkish Stream amid Agreement between Russia, EU on it - Gruevski

Macedonia will join the Turkish Stream gas pipeline project when the European Commission and Russia reach agreement on the scheme, according to Macedonian Prime Minister Nikola Gruevski.

In an interview for local news portal Pres 24 he says that Macedonia is a country that makes decisions of strategic importance on the basis of its Euro-Atlantic orientation.

The G-7's problem: Can the world deal with a Greek default?

By Paul Gordon & Alessandro Speciale

When the world?s top finance ministers and central-bank chiefs meet in Dresden this week, they may struggle to stick to an agenda set by their German hosts that doesn?t mention Greece.

MAE's Ciamba: Romania will support actions to improve BSEC efficiency, visibility

State Secretary for European Affairs with Romania's Foreign Ministry (MAE) George Ciamba on Tuesday welcomed the Secretary General of the Parliamentary Assembly of the Black Sea Economic Cooperation organisation (PA-BSEC) Asaf Hajiyev, pointing out that as BSEC chairman-in-office in the second half of 2015 Romania will support actions to increase the organisation's efficiency and visibility in

U.S. restaurant feeds the hungry because it’s the “Greek” thing to do (video)

When employees at Zorba’s restaurant, Virginia Beach, saw a man scrounging through the dumpster to find something to eat, Greek-American restaurant owner Eleni Fotidou was heartbroken. “No one is allowed in 2015 to go to bed starving,” says Fotidou, who offered the man food. He he declined and seemed upset.

Lesvos: the island of hidden harmony

At a newly opened exhibition at the Greek Consulate General in Istanbul, Greek photographer and travel writer Tzeli Hadjidimitriou shares with visitors various moments from Lesvos, the island where she was born and raised, while avoiding the superficial ease of digital photography and its modern gaze. 

EU funds at risk due to payment halt by the state

By Evgenia Tzortzi

Greece runs the immediate risk of missing out on 1 billion euros worth of European Union subsidies this year from the previous support framework, which expires on December 31, as a payment freeze by the state has blocked the proper implementation of projects that will have to finish by the end of the year.

Half of Greeks cover their needs from their deposits

Greek salaried workers cannot buy what they want but, rather, have to limit themselves to what they can afford on their reduced disposable income, a survey by the Labor Institute of the General Confederation of Greek Labor (GSEE) and the Association of Working Consumers of Greece (EEKE) showed on Tuesday.

Political, economic instability turns German tourists away

By Stathis Kousounis

Greece?s economic and political climate has led to an unexpected decline in tourism bookings from Germany by 1.2 percent year-on-year in the first four months of 2015, according to a survey by Gfk.

Greece reaps 2 billion euros per year from cruise sector

By Nikos Roussanoglou

The cruise tourism sector contributes almost 2 billion euros to Greece?s gross domestic product every year, the chairman of CLIA Europe and executive president of MSC Cruises, Pierfrancesco Vago, said on Tuesday.

Athens waits to hear EU scheme for refugees

Greece will be looking with interest Wednesday at the news emerging from Brussels, where the European Commissioner for Migration, Home Affairs and Citizenship is expected to announce a plan to relocate about 40,000 refugees from Italy and Greece.

Latest idea is ‘amnesty’ for overseas bank deposits

The same day as a proposal to slap a surcharge on bank withdrawals was “floated” and then unceremoniously shot down two hours later, Yanis Varoufakis’ unveiled a plan to institute a 15-percent tax on deposits held by Greek citizens in foreign banks, “to ensure legality”.

According to Varoufakis, there would be no obligation to repatriate the money, either.

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