Latest News from Greece

Turkish Stream "could be extended to Austria"

Turkish Stream "could be extended to Austria"

MOSCOW -- Russian Energy Minister Aleksandr Novak said on Tuesday that the planned Turkish stream pipeline "could be extended all the way to Austria."

This would happen via Greece, Macedonia, Serbia, and Hungary, he explained.

Bulgaria Marks Increase in Exports in 2015

Bulgarian exports had been on the increase for a third consecutive month in February of this year. Strong support for the sector has proven to be trade with EU member states.

ECB: Greece is risk for Eurozone

European Central Bank Governing Council member Klaas Knot said on Tuesday that the situation in Greece is alarming, as a default may have a contagion effect in the Eurozone.

Golden Dawn trial to start Monday amid continued concern over venue

The trial of ultranationalist party Golden Dawn, accused of constituting a criminal organization, is due to begin on April 20 amid continued concerns that the venue where it is scheduled to take place is unsuitable.

Greece Debates Solution to Refugee Crisis

Greece has reached a critical point with regards to the strong wave of refugees and illegal immigrants. The local government has also demanded that Europe should provide the necessary assistance so that the problem can be solved.

Nearly 1,800 irregular migrants repatriated in March

A total of 1,793 migrants detained in Greece without proper travel documents were returned to their homelands in March, the Greek Police reported on Tuesday.

Bulgaria's Tourism Reports 9% Growth for 2014/2015 Winter Season

Bulgaria's Tourism Minister Nikolina Angelkova boasted about a successful 2014/2015 winter season (December-February), stressing that the period had brought growth of over 9%, with the number of tourists increasing by nearly 80 000.

In an interview for Trud daily, Angelkova made clear that tourism revenues had increased by BGN 34 M during the past winter season.

Immigration minister says government preparing emergency measures

Alternate Minister for Migration Policy Tasia Christodoulopoulou on Tuesday said that Greece can expect up to 100,000 migrants to cross its borders in 2015, adding that the government is drafting emergency measures to brace for the influx.

Govt dismisses FT claims for debt default

Government sources responded to a Financial Times report on Monday titled "Greece prepares for debt default if talks with creditors fail." Sources stated "we will let them down once again" adding that Greece is not preparing for default.

Guardian ponders Grexit as Moscow Times asks "What's Next?"

The Guardian's article, titled "Athens is Being Driven Closer to a Grexit", focuses on the chances of it happening

The Guardian writes that a "trap door is slowly opening under Athens." Refering to the Finns and a leaked report offering plans of a Greek exit and German obstinence concerning its intolerance of Greece reneging on its own borrowing.

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