Latest News from Greece
Greece has gained a 'few weeks' with eurozone approval, Greek FinMin says
Greece has gained a "few weeks" breathing space after eurozone finance ministers approved a list of proposed reforms needed to extend the country's financial lifeline, the finance ministry said Tuesday.
Europe stocks extend 2007 high as Greek shares jump on aid deal
By Namitha Jagadeesh & Roxana Zega
European stocks extended a seven-year high as Greece reached a bailout deal and the Federal Reserve pledged patience on raising interest rates. Greek shares surged.
ECB says Greece's reform list a 'valid starting point'
The European Central Bank said Tuesday the reforms drawn up by Greece in return for a bailout extension were a «valid starting point» for talks, but that they differed in a number of areas from the existing programme.
Greek stocks heading for 2015 high after extension approval
By Roxana Zega
Greek equities rallied as euro-area finance ministers approved the nation?s package of new economic measures, paving the way for an extension of its bailout plan.
The ASE Index rose 8.5 percent to 927.13 at 4:30 p.m. in Athens, with a gauge of banks rallying as much as 16 percent. The ASE is set to close at its highest level since Dec. 8.
Eurozone Finance Ministers Give Go Ahead to Greek Bailout Extension
Eurozone finance ministers on Tuesday gave the green light to Greece's reform proposals that will enable extension of the country's bailout programme, VOA reported.
Bulgaria, Romania to Attract Asian Tourists with Common Product
Bulgaria and Romania are to attract tourists from the more distant Asian countries through the development of a common tourist product.
This was announced by Bulgarian Tourism Minister Nikolina Angelkova on Tuesday, BGNES news agency reports.
Angelkova also revealed that the two countries plan to open a joint tourist office until the end of the year.
Eurozone backs Greek reform plan and four-month extension
By Jan Strupczewski & Matthias Sobolewski
Greece secured a four-month extension of its financial rescue on Tuesday when its euro zone partners approved a reform plan that backed down on key leftist measures and promised that spending to alleviate social distress would not derail its budget.
Eurogroup approves Varoufakis program
Eurogroup FinMins approved the loan extension that Greece has applied for, giving the country another four months breathing room in order to properly formulate a plan for the future.
The agreement was ratified by a teleconference call on Tuesday. It was first confirmed by Slovak FinMin Peter Kazimir on Twitter.
Faymann confident on Greek solution
Austrian Chancellor Werner Faymann expressed his estimation that a solution for Greece during today’s Eurogroup teleconference, will be found.
According to Mr. Faymann, it is clear that the loan agreement will be extended for four months.
Dijsselbloem’s irony brings forth Euro-PMs’ laughter on Greek issue
Jeroen Dijsselbloem underwent questions by Europarliament members of the Financial and Monetary committee of the European parliament on Greece.
Mr. Dijsselbloem, however, was ironic in his remarks, stating that the extension of the agreement has been agreed upon, but the name is still outstanding, something which brought present Europarliamentarians to laughter.
IMF's Lagarde calls for more detail in Greece reform plan
Greece's reform plan is sufficient to continue giving the country aid but is lacking necessary detail, International Monetary Fund Christine Lagarde said on Tuesday.
In a letter to Eurogroup President Jeroen Dijsselbloem, Lagarde said the Greek list was comprehensive but «not very specific."
Bulgaria Records Second Lowest Inflation Rate in EU
The latest figures of Eurostat, which were released on Tuesday, reveal that Bulgaria had the second lowest inflation rate in the EU in January - minus 2.3 %.
The data show that only Greece had a lower inflation rate than Bulgaria, which stood at minus 2.8 %.
The EU average stood at minus 0.5 %, which is a further decrease from December 2014, when it amounted to minus 0.1 %.
Get married in Athos, Greece
Mount Athos Area tourism might soon be strengthened by marriages. Specifically, an event which took place in Beirut, Lebanon, named “Wedding Folies” appeals to the orthodox Christians in the country (about 50% of the populace), and invites them to get married and spend their honeymoons in Greece.
Dacic meets with Wang, Ban, Lavrov, Klimkin in New York
NEW YORK - OSCE Chairperson-in-Office and Serbian Minister of Foreign Affairs Ivica Dacic, who is in New York to take part in UN activities, has met with the foreign ministers of key countries, including his Chinese counterpart Wang Yi, whose country chairs the UN Security Council this month.
Dacic meets with Chinese and Russian FMs
Dacic meets with Chinese and Russian FMs
NEW YORK -- Ivica Dacic is in New York where he is taking part in UN activities and where he held several meetings, including his counterparts from China and Russia.
Dacic is Serbia's foreign minister and OSCE's chairperson-in-office.