Latest News from Greece

Apollon is relegated, Xanthi to face survival play-off


By George Georgakopoulos

Apollon followed Aris to the second division and Xanthi will contest a relegation play-off, as the end of the regular season of the Super League on Sunday produced predictable results that also included defeats for PAOK and Panathinaikos.

Market tapping came late, not early


 Acting responsibly will ensure the country its funding from bonds even without troika monitoring

By Dimitris Kontogiannis

New Iraklio airport to keep charges low


By Tassos Telloglou

The new airport at Kastelli in Iraklio, Crete, will be ready in four years’ time and will thankfully manage to dodge the high charges seen at Athens International Airport due to its concession agreement, which have resulted in reduced traffic.

Gauging the reactions of the markets


By Alexis Papachelas

Talk of what the markets are up to is back in our lives and there are those who want people to believe that they have an infallible instinct when it comes to predicting how the markets will react at any given time.

Samaras sees no need for third bailout


After a week that saw Athens successfully tap international bond markets for the first time in four years, Prime Minister Antonis Samaras essentially ruled out the need for a third loan program for Greece, insisting that the markets’ positive response to last week bond’s issue is the first step toward the country emerging from its economic crisis.

Six more guards called on Nigrita prison torture


Six employees of Nigrita Prison in northern Greece – where a 42-year-old Albanian inmate was found dead in his cell on March 27, apparently after a severe beating – are to face a magistrate in Serres on Monday and Tuesday on charges of torture.

Today marks 69 years since breakthrough of Syrmian Front

BELGRADE - Serbia marked on Saturday 69 years since the breakthrough of the Axis lines on the Syrmian Front after a 175-day campaign to liberate Yugoslavia from Nazi occupation in World War II.

The Syrmian Front campaign saw some of the most difficult and longest and most tragic WWII fighting. Over 250,000 soldiers fought in the trench battles from October 21, 1944 to April 12, 1945.

69 years since breakthrough of Syrmian Front

BELGRADE - Serbia marked on Saturday 69 years since the breakthrough of the Axis lines on the Syrmian Front after a 175-day campaign to liberate Yugoslavia from Nazi occupation in World War II.

The Syrmian Front campaign saw some of the most difficult and longest and most tragic WWII fighting. Over 250,000 soldiers fought in the trench battles from October 21, 1944 to April 12, 1945.

BoG chief calls for reforms, move to new growth model


Central Bank Governor Giorgos Provopoulos stressed that a string of reforms must be implemented while the country must move toward a new growth model. At the same time he underscored that it is becoming clear that Greece is emerging from the crisis.

OECD report points to heavy tax burden on Greek salary workers


By Costas Karkayiannis

Greece had one of the highest tax burdens on labor income last year, ranking 11th among the 34 member states of the Organization for Economic Cooperation and Development, according to an OECD report published on Friday.

Construction was down again in January


Construction activity continued to fall in January, showing that the recovery recorded in October and November 2013 was temporary.

Bonds went to ‘real money investors’


 Breakdown of buyers shows nearly half of them are investment fund managers as interest proved diverse

By Sotiris Nikas

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