Latest News from Greece
Greece on Tuesday conducted its first fighter jet flight over North Macedonia, in a mission that was carried out by an F-16 from the Hellenic Tactical Air Force's 110 Combat Wing, based in Larissa.
The purpose of the mission was to locate any radar blank sectors and to test the compatibility of reconnaissance systems.
The Organization for Economic Cooperation and Development (OECD) has warned Greece that it needs to stick to agreed reforms and fiscal targets if it wants to maintain current growth rates.
"Deviations from the current medium-term fiscal strategy would undermine gains in fiscal credibility," the OECD warned in its latest Economic Outlook report.
A moderate earthquake measuring 4.3 on the Richter scale rattled parts of western Greece on Tuesday, though there have been no reports of injuries or damage.
According to the Athens-based Geodynamic Institute, the 4.3 tremor struck at 11.58 a.m. off the coast of the port town of Kyllini, southwest of Patra.
Greece's current account deficit widened in March compared to the same month last year, due to an increase in imports of fuel and other goods, the Bank of Greece said on Tuesday.
Central bank data showed the deficit at 1.503 billion euros ($1.68 billion) from a deficit of 1.151 billion euros in March last year.