Latest News from Greece

Canceled Thessaloniki trade fair will cost local economy an estimated €150 million

The cancellation of this year's Thessaloniki International Fair (TIF), for the first time since WWII, is expected to result in a loss of up to €100 million, businessmen in northern Greece say.

Some say the total loss, including secondary benefits, could result in an earnings loss of €150 million for Greece's second largest city.

Turkish research vessel sailing outside Greek waters, says Navy

A Turkish research vessel sent by Ankara to conduct survey for energy resources south of the island of Kastellorizo was sailing outside of Greece's territorial waters, the Hellenic Navy General Staff (HNGS) said on Wednesday evening.

The ship is sailing northeast at a speed of 4 knots at the border of the Ankara's illegal maritime notice (Navtex).

Carefully planned response

Turkey is testing our patience and red lines. Every Greek is naturally deeply upset at the sight of a Turkish seismic survey vessel navigating a provocative course under the escort of several Turkish Navy units, all part of a well-staged show.

Effective deterrence

One of Greece's objectives must be that it makes sure not to give in to the provocations of its enemies. Any reaction from Athens must be proportionate to the magnitude of the threat. 

Concern over rise in intubated Covid patients

A tourist wearing a face mask to guard against the coronavirus is seen leaving the Stoa of Attalos in the Ancient Agora's archaeological museum in central Athens, Tuesday. Greece's Culture Ministry announced on Monday that it was closing the museum of the major archaeological site for two weeks after a cleaner there was diagnosed with Covid-19.

Travelers returning from Greece to Puglia, Campania must quarantine

Quarantine is now mandatory in the southern Italian regions of Puglia and Campania for travelers returning from Greece, Spain and Malta, as part of measures to curb the spread of the coronavirus, according to Italian media reports on Wednesday. 

New daily record set with 262 new infections

New SARS-CoV-2 infections recorded a fresh record in the past 24 hours  in Greece as health authorities announced 262 new cases on Wednesday, fuelling concerns about the course of the pandemic.

Turkish ship starts energy search; Greece issues warnings

A Turkish research vessel has begun surveying for energy resources in contested areas of the eastern Mediterranean, Turkey's energy minister said Wednesday, amid an escalation of tensions between NATO allies and regional rivals Greece and Turkey over oil and gas exploration rights.

PM warns of possible 'accident' in East Med amid Greek-Turkish tensions

Greek Prime Minister Kyriakos Mitsotakis on Wednesday warned about the possibility of an "accident" in the Eastern Mediterranean where Greek and Turkish naval forces have gathered after Ankara decided to sent a vessel to conduct seismic research south of Kastellorizo.

PM to make statement about developments in Greek-Turkish relations

Greek Prime Minister Kyriakos Mitsotakis will make a public statement about the latest developments in the eastern Mediterranean, his office said on Wednesday.

The statement is expected at 6.30 p.m. from Maximos Mansion.

Eurostat: Half of Young Bulgarians Live with Their Parents

In 2019, the share of young people aged 25-34 living with their parents varies in EU Member States by less than 10% in Denmark (4%), Finland (4.8%) and Sweden 5.7%) to more than half in Slovakia (56.4%), Greece (57.8%) and Croatia (62%).

Athens fires back over Ankara’s minority rights accusation

Greece and Turkey exchanged criticisms over minority rights on Wednesday with Athens saying that it is "paradoxical, if not funny" for Turkey to lecture Greece about the need to respect minority rights.

Public Power Corp. to raise $235 million from sale of unpaid bills to JP Morgan

Greece's biggest electricity utility, Public Power Corp. (PPC), said on Wednesday it has finalised a deal to sell off unpaid bills to investment bank JP Morgan that will raise about 200 million euros ($235 million).

PPC is struggling under a pile of about 2.7 billion euros of electricity bills owed by Greeks hard up because of the country's decade-long debt crisis.

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