Latest News from Greece

Foreign investors keep upper hand at bourse

Foreign investors accounted for more than half of total trading activity on Greece's stock market last year, executives at stock and futures operator Hellenic Exchanges said on Wednesday.

Greek equities fell 23.6 percent in 2018, a tough year in which banks took a beating. But mid-cap shares bucked the downtrend for a second straight year.

Cash forgers targeted importers, tourism

Seven men have been arrested in northern Greece after police seized bundles of fake US $100 bills stashed in a warehouse with a total face value of $200,000.

The suspects, all Greeks, aged 40 to 64, include a retired print shop worker.

Three more men are wanted for questioning.

Seven arrested for counterfeit cash targeting tourism

Seven men have been arrested in northern Greece after police seized bundles of fake US 100-dollar bills stashed in a warehouse with a total face value of 200,000 dollars.

The suspects, all Greeks, aged 40 to 64, include a retired print shop worker. Three more men are wanted for questioning.

Port utilization process starts

Parliament's Commerce and Production Committee is to begin debating the bill on the utilization of Greece's regional ports on Thursday. When the law is voted in, state sell-off fund TAIPED will launch the process to utilize the 10 ports after a long period of discussions.

Greek, Turkish defense ministers meet in Brussels

The defense ministers of Greece and Turkey met Wednesday on the sidelines of NATO's ministerial summit in Brussels.

The meeting between Evangelos Apostolakis and his Turkish counterpart Hulusi Akar - both former chiefs of their countries' respective armed forces - lasted about 30 minutes.

There was no immediate comment on the meeting.

Turkish police detain Greek national at border

A Greek national who illegally crossed into Turkey was detained on Feb. 12 in a restricted military area on the border with Greece, according to police sources.

Workers in North Macedonia replace signs to reflect new name

Workers in the newly renamed North Macedonia have begun replacing road signs to reflect the change in their country's name, following a deal with neighboring Greece to end a nearly three decade-long dispute and secure NATO membership.

The Gas Interconnector with Greece Have Permission to be Build on Greek Territory

The total length of the pipeline is planned to be 182 km, reported NOVA TV.

The Greek Minister of Environment and Energy Giorgos Stathakis granted the Interconnector Greece-Bulgaria (IGB Project) Installation Permit on the territory of the Hellenic Republic, ICGB AD (project company) told Trend.

The decision was made on Feb.7, said the company.

Voulgarakis to run as independent candidate for Athens mayor, reports say

Former conservative minister Giorgos Voulgarakis plans to run for mayor of Athens, reports say.

According to the same reports, Voulgarakis, who served as a New Democracy MP for twenty years between 1989-2009, will run as an independent candidate.

Costas Bakoyannis, the regional governor of Central Greece, is leading the race according to polls.

Bulgaria's Road Agency Signed a 185 million BGN Contract For the Construction of the Longest Motorway in the Country

Bulgaria's road agency said on Tuesday it has signed a BGN185.4 million($106.9 million/94.8 million euro) contract with a local consortium for the construction of the 2 km Zheleznitsa tunnel on Struma motorway, which will be the country's longest, reported See News.

Tsipras and Zaev to receive Ewald von Kleist award

Greek Prime Minister Alexis Tsipras and his counterpart Zoran Zaev of North Macedonia have been selected to receive the prestigious Ewald von Kleist award in recognition of their efforts to resolve the decades-old name dispute between Athens and Skopje.