Latest News from Greece
New Cocaine Route Passes Through Bulgaria
A new cocaine route for Europe goes through Bulgaria said the National Addictions and Drugs Center.
According to its director Momchil Vasilev, in the past two years through Bulgaria was established a new drug channel, which takes cocaine from South America via Western Africa through Greece and Bulgaria, for Western Europe.
Bogus ambassador cheated Halkidiki taxi drivers
Police in Halkidiki, northern Greece, said on Friday that they were seeking a 64-year-old man alleged to have swindled 3,600 euros out of two local taxi drivers by posing as an ambassador and promising them an exclusive cooperation shuttling diplomats to and from meetings.
Greek yields dip as S&P says might raise ratings
Greek bond yields dipped on Friday after Standard & Poor's said it could raise Greece's credit ratings if GDP growth were to pick up more substantially, after keeping them deep in junk territory with a stable outlook.
S&P affirms Greece ratings at 'B-/B', sees economy rebalancing
Standard & Poor's affirmed Greece's sovereign credit rating on Friday and gave it a stable outlook, saying it believed the country's economy was gradually rebalancing.
Markets reject concerns over local banks’ strength
National Bank reported net profits of 809 mln euros last year
By Evgenia Tzortzi and Yiannis Papadoyiannis
Immigration bill article pulled after coalition rift
The government on Thursday removed from a draft immigration law a provision foreseeing the expulsion of immigrants found to have made false claims of racially motived violence after the proposed measure nearly caused a rift in the fragile coalition.
Bogus civil service jobs in crosshairs
Administrative Reform Minister Kyriakos Mitsotakis, who is overseeing a troika-imposed overhaul of the civil service, on Thursday issued a circular to all ministries and state bodies calling for an intensification of checks aimed at weeding out public sector employees who were hired on the basis of forged degree certificates or other fake qualifications.
Three coalition MPs may oppose multi-bill, threatening gov't majority
Greek Prime Minister Antonis Samaras takes part in a news conference after a Tripartite Social Summit ahead of a European Union leaders summit in Brussels, on Thursday.
Israeli FM dampens pipeline expectations during Athens visit
Talks in Athens on Thursday between Foreign Minister Evangelos Venizelos and his Israeli counterpart Avigdor Lieberman indicated that the possibility of a pipeline being built to carry natural gas from Israel to Greece via Cyprus has diminished.
Man arrested for scamming five unemployed people
A 57-year-old man was arrested in Thessaloniki on Thursday for scamming five unemployed people who he allegedly misled about job opportunities abroad and within Greece.
According to police, he would find his victims through the classified ads, where they would advertise their availability.
Meeting planned in NYC next week on FYROM name dispute
Envoys from Greece and the Former Yugoslav Republic of Macedonia (FYROM) are to meet in New York City next Wednesday with the United Nations mediator in the dispute between the two countries regarding the Balkan nations official name.
Winners of Young Balkan Designers 2014 competition
BELGRADE – Belgrade-based cultural organization Mikser, in association with the Croatian Design Association and Public Room from Skopje, announced results of the Young Balkan Designers 2014 competition on Thursday.
Piraeus bond sows seeds of Greek revival but capital demands loom
Piraeus Bank's comeback to the public bond market the first from a Greek bank in over four years has fueled hopes that its lenders are on the road to recovery, but capital demands are looming as the next big challenge.
St. Catherine’s British School
International Education for Tomorrow’s Decision-Makers
Athens University of Economics & Business
“Crisis? What crisis? Athens University of Economics & Business wins AMBA’s MBA Innovation Award 2013.” That was the title of last November's press release from the Association of MBAs (AMBA) – the international impartial authority on postgraduate business education and the only global MBA-specific accrediting body – announcing the global MBA innovator for 2013.