International relations

State to keep control of water boards, gov't decides

Greece’s public water companies, which had been slated to be privatized, will remain under state control, in line with a recent decision by the Council of State, it was decided on Monday during talks between Prime Minister Antonis Samaras, his coalition partner Evangelos Venizelos and two key ministers.

China and Greece agree to further cooperation in transportation, infrastructure

Greece and China agreed to strengthen their strategic partnership during a meeting between Prime Minister Antonis Samaras and Chinese President Xi Jinping on Rhodes on Sunday.

"The Chinese side will continue to support Greece on sovereign debt issues and efforts to promote economic recovery,» said the Chinese president.

S&P Downgrades Bulgarian Telecom Vivacom's Rating

The international rating agency Standard & Poor's (S&P) downgraded on Friday the rating of Bulgaria's third largest telecom Bulgarian Telecommunications Company (Vivacom). 

According to S&P's official statement, quoted by Dnevnik.bg, the reason for this is the connection of Vivacom with the bankrupt Corporate Commercial Bank (KTB). 

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