Latest News from Greece

Some 250 Thousand Unemployed Bulgarians Not Seeking Work – Eurostat

Some 253 thousand Bulgarians are unemployed, and are not actively seeking for a job, according to Eurostat latest data on potential additional labor force in the EU.

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

Greek bond yields rise as market comeback euphoria fades

By John Geddie & Marius Zaharia

Greek bond yields rose on Friday as investors booked profits on the rally that preceded Greece's return to debt markets, with even its sought-after new five-year bond succumbing to selling pressure.

On visit to Athens, Merkel pledges action on Greek debt sustainability

Greek Prime Minister Antonis Samaras (l) welcomes German Chancellor Angela Merkel (r) for a meeting at the Maximos Mansion in Athens, on Friday.

On her second visit to Athens in less than two years on Friday, German Chancellor Angela Merkel pledged that the eurozone would discuss Greeces debt sustainability later this year.

Fitch: Greek return to markets shows progress

Deposition of seventh Nigrita Prison guard over inmate's death postponed

A magistrate in Serres, northern Greece, on Friday postponed the deposition of a prison guard from Nigrita Prison in connection with the death of Albanian inmate Ilie Kareli last month after the suspect claimed that he had left the facility before the victims arrival.

Greek schoolchildren make biggest paper dove on record

Some 45,000 students from elementary, middle and high schools all over Greece made a 3,000-square meter white dove on a blue background out of 280,000 paper boats at the Panathenaic Stadium, where the first Modern Olympic Games were held, in central Athens on Friday.