All News from Balkans

Balık Lake, a hidden beauty in Turkey's east

Balık Lake, Turkey's highest lake with an altitude of 2,241 meters, has become a must-go spot for tourists visiting the region, has become a must-go spot for all tourists visiting the eastern province of Iğdır. (AA Photo)

Turkish firm Abdi İbrahim buys OM Pharma stakes

Turkey's leading pharmaceutical company Abdi İbrahim on Sept. 18 said it has acquired 28.5 percent of the shares of Switzerland-based biotech company OM Pharma for 500 million Swiss francs ($530 million).

Burden on Greeks set to ease in January

Every year Greek enterprises and households pay the state taxes and social security contributions amounting to 41.5% of the country's annual gross domestic product, according to Eurostat data for 2018. This amounts to a sum of 76 billion euros. Greece's rate puts it among the countries with the highest burden.

Bold words for Europe

The European Commission president's annual "State of the EU" speech usually exaggerates past achievements and promises whatever is most pleasing to as many of the European Parliament's political groupings as possible. It is long on visions and platitudes and short on specifics, in other words.

Registered unemployed keep rising

The August data of the Manpower Organization (OAED) showed that the number of unemployed people in Greece continued to rise this summer, with the number of registered jobless at 1,090,11 - up by 128,384 or 13.35% from the same month last year.

Editorial: The end of illusions

Greece is at a critical crossroad.

The dilemma "economy or public health" has returned to the forefront in a dramatic fashion as not only did the "invisible enemy" not retreat over the summer but rather it returned with even greater force as if it is seeking vengeance for its defeat in the first phase of the pandemic.

ATHEX: Stocks rise 3.54% over trading week

The closing auctions added to the losses most stocks endured over the course of Friday's session at Athinon Avenue, with the benchmark seeing its weekly advance contained and several blue chips swayed by their own corporate news instead of the overall direction. The improved turnover was largely thanks to Friday's September triple witching.

German tourists eye Greece this fall

Despite the resurgence of the coronavirus in Europe and the start of the school year, a significant number of Europeans are still going on holidays and many are opting for Greece. This country appears to be the top choice of German tourists currently picking their destinations for last-minute bookings, a conference of German tour operators heard in Thessaloniki.

Giannis Antetokounmpo wins second straight NBA MVP award

Giannis Antetokounmpo's historic year earned him a historic awards sweep. A person with knowledge of the situation says the Milwaukee forward is the NBA's Most Valuable Player for the second consecutive season. The person spoke to the Associated Press on condition of anonymity because the league is not announcing the award until Friday afternoon.

Dendias calls on EU peers to draft list of possible sanctions for Turkey

Foreign Minister Nikos Dendias on Friday appealed to his European counterparts for the creation of a list of potential sanctions to be imposed on Turkey if necessary.

Dendias made his comments during a joint press conference in Prague with his Czech counterpart Tomas Petricek. 

Ianos leaves destruction in its wake

The cyclone dubbed Ianos left floods, power outages and extensive damage in its wake on Friday after its passage through the Ionian, western Greece and central parts of the country. Hellenic Electricity Distribution Network Operator (DEDDIE) crews labored in dire conditions to repair power networks damaged on Cephalonia, Zakynthos and Ithaca.

Turkey issues navtexes for surveys off Cyprus; live-fire exercises in Aegean

The Turkish navy issued three new navigational telexes on Friday reserving areas of the Eastern Mediterranean and the Aegean Sea.

At 8.11 p.m., the Office of Navigation, Hydrography and Oceanography issued a navtex from the Antalya station for Turkey's Barbaros seismic survey vessel.

Never another Moria

Now that the situation on Lesvos appears to be settling down, it is time for the next decisive step. 

Everything must be done to ensure that there is never another Moria, the sprawling camp that was burned down last week. 

Turkish Foreign Ministry summons Greek ambassador over offensive headline

Turkey's Ministry of Foreign Affairs has summoned Greece's ambassador to lodge a formal complaint over a Greek newspaper's offensive language against Turkish President Recep Tayyip Erdogan.

The envoy was summoned to answer for a "despicable headline," Turkey's state-run Anadolu Agency quoted Foreign Minister Mevlut Cavusoglu as saying.

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