Latest News from Greece

Experts see Piraeus Bank strengthening its credit profile

International agencies view the outlook of Piraeus Bank favorably after the formal verdict by the European Central Bank that leads to turning the Greek lender's contingent convertible bonds (CoCos) into common shares, and despite the major drop in third-quarter profits announced.

Belgium to accept 150 refugees from Greece by year-end

Belgium confirmed its intention to receive 150 refugees and asylum seekers from Greece by the end of the year during a teleconference on Wednesday between Deputy Migration Minister Giorgos Koumoutsakos and the Belgian secretary of state for asylum and migration, Sammy Mahdi.

Koumoutsakos thanked the Belgian government for its practical solidarity with Greece.

Intubations rise to 597, 87 deaths from Covid-19

The number of reported deaths from Covid-19 continued to remain high in Greece with 87 patients reported dead, according to the latest data published by the National Organization for Public Health (EODY) on Wednesday.

This raised the overall number of fatalities to 1,902 since the pandemic begun. The median age of those who died was 80 years.

Weber calls on EU Council to act on Turkey

The head of the European People's Party (EPP) called on members of the European Council to take action against Turkey in their next meeting in December.

Greek-operated tanker damaged by mine at Saudi terminal, says security firm

A Greek-operated tanker was damaged by a mine at a Saudi Arabian terminal, damaging its hull, British maritime security company Ambrey said on Wednesday.

The Maltese-flagged tanker Agrari, is operated by Greece's TMS Tankers, Ambrey said. TMS could not be reached for immediate comment.

Greece offers new incentives for relocation

The government is about to complete measures seen attracting businesses and workers to Greece with the submission of a clause to that effect in a bill against smuggling.

Greece, Italy, Spain, Malta sign joint memorandum on EU’s new migration rulebook

The prime ministers of the four European Union countries on the frontline of the migration crisis, namely Greece, Italy, Spain and Malta, on Wednesday sent a joint memorandum outlining their positions on the bloc's new Pact on Migration and Asylum to the German chair of the European Council, Angela Merkel, European Council President Charles Michel and European Commission President Ursula von de

Greece, Italy, Spain, Malta sign joint memo on EU’s new migration rulebook

Greece, Italy, Spain and Malta, which have borne the brunt of the European Union's migration crisis, have sent a joint memorandum outlining their positions regarding the bloc's new Pact on Migration and Asylum to German Chancellor Angela Merkel, European Council President Charles Michel and European Commission President Ursula von der Leyen.

Turkey secures a foothold in the Caucasus

The escalation of the coronavirus crisis - the death toll from which continues to climb and which is threatening to send the public health systems in Greece and other parts of Europe into gridlock - in combination with the artificial political confrontation provoked by the tactical maneuvers of the Greek Communist Party (KKE), SYRIZA and Mera25 opposition parties in the name of the anniversary

Streets remain empty as holiday season approaches

A man wearing a face mask to guard against the coronavirus looks at his phone as he walks in front of a mural created by street artist INO in Psyrri, central Athens. Greece is set to extend its lockdown measures beyond the end of November given the pressure on hospitals, the country's health minister warned on Monday.

Suspected jihadi remanded, recants earlier confession

The 27-year-old Syrian national arrested at a migrant camp in Athens last week, who was remanded in custody on Tuesday by an Athens prosecutor, recanted an earlier confession in which he admitted to being a member of the ISIS terrorist group and appearing in a 2014 video of the group. 

Erdogan hints Greece, Cyprus behind interception of Turkish vessel

Turkey's President Recep Tayyip Erdogan Wednesday suggested Greece and Cyprus were behind the interception of a Turkish vessel by German soldiers on behalf of a European Union mission off the Libyan coast late Sunday.