Latest News from Greece

New pre-departure centers for migrants to be on islands

Five closed pre-departure centers for migrants are expected to open on the Aegean islands of Samos, Chios, Lesvos, Kos and Leros, with details to be announced by government spokesman Stelios Petsas on Wednesday. 

The centers are to host no more than 5,000 people each and are expected to replace the open camps such as Moria and Vathy. 

Mitsotakis in Zagreb for EPP congress

Greek Prime Minister Kyriakos Mitsotakis is in Zagreb on Wednesday for the statutory congress of the European People's Party (EPP) which will be held in the Croatian capital November 20-21.

Mitsotakis in Zagreb for EPP congress, bilateral meetings

Greek Prime Minister Kyriakos Mitsotakis is in Zagreb on Wednesday for the statutory congress of the European People's Party (EPP) which will be held in the Croatian capital November 20-21.

Greek PM heralds anti-smoking plan

Prime Minister Kyriakos Mitsotakis officially launched the Health Ministry's national action plan against smoking on Tuesday, hailing it as a "bold initiative for protecting public health" that would "modernize and refine public life."

Editorial: From the ‘Chicago boys’ to the ‘Texas boys’

Ta Nea on 9 November published an interview with American economist and Nobel Prize winner Joseph Stiglitz in which he essentially admitted that he and a team of his colleagues from the University of Texas in 2015 were working on a plan for Greece to return to the drachma and leave the eurozone.

He viewed this prospect as an attractive solution for Greece's economic problems.

Visitors to the capital have doubled in six years

In just six years, tourism arrivals in Athens have more than doubled, as the capital is emerging as a major travel destination in its own right, with an excellent record in visitor satisfaction, according to the 15th survey on Attica hotel guests conducted by the Athens-Attica and Argosaronic Hoteliers Association and GBR Consulting.

HSBC places ‘overweight’ tag on Athens Exchange

Despite the strong rally by Greek stocks since the start of the year, HSBC estimates the Athens Exchange still has great potential to climb further. On Tuesday the British bank upgraded its recommendation for the local market from neutral to overweight, stressing that Greece's macroeconomic prospects have improved considerably after the elections, with a positive impact on stocks.

Bank of Greece chief sees growth of 2.3-2.5 percent in 2020

Bank of Greece Governor Yannis Stournaras on Tuesday appeared optimistic about Greece's continued economic recovery, predicting a robust growth rate of up to 2.5 percent next year. 

Student molester handed 10-month suspended prison sentence

A 20-year-old university student was handed a 10-month suspended prison sentence after his arraignment Tuesday in a criminal court in Thessaloniki, northern Greece, on charges of sexually assaulting an unsuspecting fellow female student while she was studying.
The incident occurred at the Aristotle University library last week.

Corfu recovering from storm damage

Heavy showers and thunderstorms were forecast to sweep across the Ionian Sea and western Greece late Tuesday, before spreading east to other parts of the country, the National Meteorological Service (EMY) warned.

Greek sweep at Robot Olympiad

The Greek delegation comprised of 10 teams at  2019 World Robot Olympiad (WRO), held in Gyor, Hungary (November 8-10) returned to Greece last week with four medals - three silver, one bronze - and three distinctions (fourth, seventh and ninth). 

Alpha Q3 profits fall on bad-loan sale

Alpha Bank on Tuesday reported lower third-quarter profits after higher bad-debt provisions and said it would launch a big securitization of soured loans to clean up its balance sheet.

Police raids in Exarchia avert violence after rally

Police on Monday continued with raids on apartment blocks in downtown Exarchia following an unusually quiet night on Sunday, the anniversary of a 1973 student rising against Greece's junta which usually ends in violent street clashes between anarchists and riot police officers. 

Koumoutsakos accuses Turkey of exploiting migration crisis

Greece's Alternate Minister for Immigration Policy George Koumoutsakos has accused Turkey of exploiting the migration crisis to pursue its "geostrategic goals," while urging European Union governments to do more to share the burden of hosting refugees.

Acropolis to light up for World Children’s Day

The Acropolis is to be lit up in blue - the official color of UNICEF - on Wednesday night to mark the 30th anniversary of the United Nations Convention on the Rights of the Child.

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