Greece
Prime Minister warns against failure to elect new President
Just a few hours ahead of a crucial presidential ballot on Wednesday, Greece's conservative-led government warned that failure to elect a new President could have devastating consequences for the country.
First presidential vote a litmus test for government
The first of possibly three presidential ballots will take place on Wednesday evening, with the government expecting its candidate, Stavros Dimas, to receive at least 161 of 300 MPs votes, which will be well short of the 200 needed to be elected but a basis for the coalition to work from for the final ballot on December 29, when 180 votes will be required.
Amphipolis most searched word by Greeks on Google
The uncovering of the Alexander the Great-era tomb at Amphipolis in northern Greece is the subject that most intrigued Greek web users, according to statistics made public on Tuesday by Google.
According to the search engine, Amphipolis was the most searched word on Greek Google this year.
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Ex-mayor connected to another 1.1 mln euro hole in city's coffers
Former mayor of Thessaloniki Vassilis Papageorgopoulos, who is serving a 12-year prison sentence for the embezzlement of nearly 18 million euros in municipal funding, is to face new charges over another 1.1-million-euro hole in the citys coffers.
Fire breaks out at Greece’s tallest building
A fire that broke out Tuesday afternoon in the tallest of the two blocks that comprise the Athens Towers complex in the neighborhood of Ambelokipi, near central Athens, caused a panic among residents and office workers but was brought under control by fire service workers before it could cause any significant damage or injuries.
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New poll gives SYRIZA 4.9 pct lead over New Democracy
A new poll published on Tuesday, a day before Greek lawmakers start the first round of crucial voting to determine whether Parliament will elect a new president or whether the country will head to general elections, showed opposition SYRIZA gaining a 4.9 percent lead over New Democracy, the larger of the two parties co-governing Greece.
Economy runs risk of 'irreparable damage,' warns Stournaras
Bank of Greece Governor Yannis Stournaras warned on Monday of the risk of «irreparable damage to the Greek economy» from ongoing political uncertainty and the resulting reduction of liquidity in the market.
Athens University rector says funds may run out next year
Athens University, Greeces biggest educational institution, may run out of funds to operate next year, its rector, Theodoros Fortsakis, told a press conference on Monday.
Bonds rise for the first time in 10 days
Greek 10-year yields fell from near the highest since September 2013 after Finance Minister Gikas Hardouvelis said a deal with creditors was possible in January if Parliament elects a president this month.
The rate tumbled 34 basis points to 8.81 percent. The rate on three-year bonds declined 87 basis points to 10.26 percent after reaching a record 11.13 percent last Friday.
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Moscovici backs Athens, warns of risks to stability
A potential return of the threat of a Greek eurozone exit would be a pity, European Economic Affairs Commissioner Pierre Moscovici said Monday during a visit to Athens, the first since he was appointed to his new post last month.