Latest News from Greece
Half of investors expect Greece to leave eurozone within 12 months, says Germany's Sentix
Around half of investors expect Greece to leave the eurozone within the next 12 months, a survey by German research group Sentix showed on Tuesday.
Sentix's eurozone breakup index for Greece shot up to 48.3 percent in April from 35.5 percent in March, suggesting one in two investors is skeptical about pledges to keep Athens in the single currency bloc.
Greek PM says initial deal in bailout talks 'very close'
Greece's prime minister voiced hope that bailout talks between the cash-strapped country and its international creditors are "very close" to an initial deal, and ruled out early elections if the dragging negotiations fail.
Creditors to demand extra measures of 3 bln euros
By Sotiris Nikas
The distance separating Athens from Brussels in the ongoing negotiations remains great, with European officials estimating that Greece will have to promise additional measures this year in order to reach an agreement with its creditors on the fiscal and macroeconomic figures.
Varoufakis’ “demotion” still keeps him as a key player, but not the only one…
Greece reshuffled its bailout-negotiation team in a political move aimed at easing negotiations with EU partners. Finance Minister Yanis Varoufakis was reined in after three months of talks with Greece’s creditors failed to unlock aid and resulted in acrimony at Friday’s Eurogroup meeting.
PM A. Tsipras met with voters in jumbo interview (videos)
Prime Minister Alexis Tsipras appeared confident that an “interim agreement” would be agreed upon with Greece’s partners over the next few days in his first TV interview following the elections on private STAR TV.
Have you not made the economy rampant?
As soon as the main opposition Republican People's Party's (CHP) election manifesto was released, people from the ruling Justice and Development Party (AKP), from the president to the prime minister, said every day that these pledges would sink the economy.
Athens tourism should grow unless stability is threatened
By Stathis Kousounis
The number of international tourists visiting Athens will continue to grow in 2015 provided that stability and a sense of security in Greece can be maintained, Athens Mayor Giorgos Kaminis told a press conference marking the opening of the third annual Travel Trade Athens on Monday.
High court throws out decision blocking Skouries gold mine’s enrichment plant
The Council of State, Greece’s highest administrative court, on Monday threw out a recent decision by a regional entity to block an enrichment plant at the controversial Skouries gold mine in northern Greece.
The high court said the decision was illegal and that construction of the unit by Hellas Gold, the subsidiary of Canadian multinational Eldorado Gold, can proceed.
‘GrUEFA’ fear subsides as govt says it won’t mess with football federation's autonomy
Call it a “strategic withdrawal”. The relevant minister on Monday said he won’t submit legislatiοn threatening the Greek football federation’s autonomy – something FIFA and UEFA directly warned would be lead to Greek teams’ exclusion from international play!
Reuters poll: 40 pct chance of a Greek eurozone exit
There is a 40 percent chance Greece will leave the eurozone, according to a Reuters poll of money market traders in which just over half said the country could stay in the bloc even if it defaults on its debt payments.
Reuters reports prospect of default within Euro zone; cites Yanis’ ‘demotion’
Reuters puts the chances of “Grexit” at 40 percent, citing its own (small sample) poll of money market traders, published on Monday. Just as interesting is the figure showing that more than half of those traders believe the country would also remain in the euro area even if it defaults on debt instalments.
Trips of Bulgarians Abroad Rise 1.6% Y/Y in March
The trips of Bulgarian residents abroad rose by 1.6% on the year in March, reaching 318,300, the country's statiscics office NSI announced on Monday.
Spain led the list of countries that registered the largest increase in the number of visitors from Bulgaria (+16.9%), followed by Romania (+15%), the Czech Republic (+12.6%), Greece (+7.7%), Serbia (+6.9%) and Germany (+5.3%).
66 more migrants heading to Europe captured in southern Turkey
The number of migrants recently captured in Turkey's southern province of Mersin by the Turkish Coast Guard has increased to 416, after a raid on a ship heading toward Italy.
Washington D.C. exhibition focuses on Greek Jews in the WWII Resistance
The personal stories of Greek Jews who took part in the WWII Resistance (1941-44) are the focus of the exhibition “Synagonistis: Greek Jews in the National Resistance,” which was inaugurated on April 1 and will run through May 30 at the Washington Hebrew Congregation in Washington D.C.
Turkish state lender Ziraat to open first foreign bank branch in Ethiopia
Turkey's largest state-owned lender, Ziraat Bank, has proposed opening the first foreign-owned bank branch in Ethiopia, Turkish Economy Minister Nihat Zeybekci has said.
Speaking at the Turkey-Ethiopia Business Forum in Ankara on April 27, Zeybekci said Turkish lender Ziraat Bank was awaiting a response from Ethiopia on its proposal.