Latest News from Greece
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.
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).
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.
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.