Latest News from Greece

Top venues for theater performances around the world

Theater, this dynamic art form where performers communicate experiences and feelings to a live audience with the use of gestures, speech, music and dance was born in Greece, in the form of the magnificent ancient Drama.

High court rejects motions against new AEK stadium – Works can begin

The Council of State, Greece’s highest administrative court, on Friday rejected a series of motions filed by the west Athens municipality of Nea Philadelphia-Halkidona against the construction of a new football stadium by AEK Athens, an iconic team that for decades was based in the district.

China and Greece look to closer ties, as FM heads to US

Deputy Prime Minister Yiannis Dragasakis continued his visit to China on Friday by holding talks with Vice Premier Ma Kai in Beijing, where both men pledged to strengthen ties between the two countries.

Short-dated Greek yields edge up

Short-dated Greek yields edged up on Friday, while 10-year yields were down 11 basis points at 11.04 percent on persistent uncertainty over whether Greece?s international creditors would accept reform plans submitted on Friday to unlock much needed cash.

Alt. Interior Minister: Greece can't cope with any more migrants

Alternate Interior Minister for Civil Protection Yiannis Panousis visited on Monday the Regional Police Directorate and the Regional Fire Departments' Directorate in Peloponnese and reiterated the government's intention to support firefighers and police officers in their difficult mission.

Greek court says cuts to pension bonuses can stand

The Council of State, the country?s highest administrative court, on Friday ruled that the abolition in 2013 of the Christmas and summer bonuses awarded to pensioners before the crisis was constitutional and cannot be challenged.

The court said that the measure was in line with need to cut public spending and that it contributed to the reduction of Greece?s fiscal deficit.

Britain says “No” to UNESCO’s mediation for the Greek Parthenon Marbles

While stressing their “honest respect for the organization” but also “the already good relationships with colleagues and institutions in Greece”, the British Museum in its letter date March 26 of 2015 rejects mediation of UNESCO and indicates that “is not a government body, and the marbles do not belong to the British government.

Greece's Alternate FinMin Tsakalotos says Athens 'prepared for rift'

Alternate Finance Minister Euclid Tsakalotos on Friday made waves by saying that the Greek government was "always prepared for a rift."

Tsakalotos, who is the ministry's key official for international economic relations, made the comment during an interview on Star television channel, prompting a flurry of reactions and criticism on social media.

Some 70 migrants found on berm on Greek-Turkish border

Greek border police say they have rescued about 70 migrants stranded on a berm on the Greek-Turkish border after they crossed the river dividing the two countries and found the fields on the Greek side flooded following days of heavy rainfall.

Athens sending reform list on Friday in bid to unlock aid

Greece is submitting a long-awaited list of reforms to euro zone and International Monetary Fund lenders on Friday in the hope it will unlock badly needed cash, a Greek government official said.

Greek reform list to be discussed by Brussels Group on Friday, official says

Representatives of the Greek government and the country's international creditors, dubbed by Athens as the Brussels Group, are to discuss Greece's proposed list of reforms in the Belgian capital on Friday, a Greek government official said without providing any details about the proposed measures.

Greece's German allies dismayed as Tsipras fails to convince

By Birgit Jennen and Patrick Donahue

Even Greek Prime Minister Alexis Tsipras?s friends in Germany are increasingly exasperated about his government after a visit to Berlin fueled skepticism that he can do what?s needed to end the impasse over Greece?s finances.

Provisions for unpaid bills hurt Greek power utility PPC

Greece's main electricity utility Public Power Corp. (PPC) returned to profitability in 2014 though hefty provisions for overdue bills pushed its results below market expectations.

The 51 percent state-owned company reported a net profit of 91.3 million euros ($98.8 million) on Friday after a 225.3 million euro loss in 2013 when a one-off tax hit earnings.

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