Greek government

Greek bond yields shot above the 7-percent mark on Tuesday amid investor skepticism about the country’s prospects, prompting the government to consider what action it could take to restore stability.

Prime Minister Antonis Samaras is to meet human rights lawyer Amal Alamuddin Clooney on Wednesday, as part of an ongoing legal process to secure the return of the Parthenon Marbles to Greece it has been announced.

 Greek Foreign Ministry rebuffs Turkish calls to exert pressure on Anastasiades

Greece rejected on Thursday an attempt by Turkey to embroil it in the latest dispute that has broken out on Cyprus in the wake of Nicosia deciding to put reunification talks on hold after Ankara issued a maritime directive for an area within the island’s exclusive economic zone (EEZ).

By Prokopis Hatzinikolaou

The Greek government and the country’s international creditors agreed on Tuesday that repossessed properties as well as real estate being put up for sale by the state will have a starting price of two-thirds of their market value at auction, after the government convinced the troika against an initial asking price of just one-third of the value.

Greek government bond yields rose to a one-week high on Tuesday after a newspaper reported that the country’s European Union and International Monetary Fund lenders had interrupted their bailout review over a disagreement with Greek officials.

The government denied the report.

Troika inspectors were due to leave Athens on Tuesday with little sign of a comprehensive deal with the Greek government over the latest adjustment program review in sight. The lack of progress means that a Greek delegation will head to Washington for talks with International Monetary Fund chief Christine Lagarde on Sunday.

Jean-Claude Juncker, who is due to take over as president of the European Commission on November 1, was back in Athens for the second time in a month on Friday as the Greek government sought to drive home its positions on the ongoing troika negotiations and plans for an early bailout exit with European decision makers.

Dimitris Avramopoulos, the EU commissioner-designate for migration and home affairs, on Tuesday sought to set out his priorities for a post regarded as more crucial than ever amid increasing migration flows and international security concerns and, Kathimerini understands, made a relatively good impression.

Investors’ love affair with low-rated but high-yielding eurozone bonds is starting to wane, as political risks dent faith that the European Central Bank alone will be able to ensure the bloc’s recovery.

Greek government bond yields rose to their highest level in almost two months on Monday as Athens' plans for an early exit from the country's bailout programme raised concerns about its future financing and debt relief.