greece news
Greece
Greek Companies Reopen During Economic Crisis
The huge economic crisis that has struck Greece has resulted in the lockage of small and large businesses, however other historic Greek brands have been reborn and given new leases of life under new ownership. A revival of sorts...
Economy
Bruegel Institute Chief: 4th Bailout Seems Inevitable for Greece
Bruegel Institute Chief Zsolt Darvas said that there are two possible solutions for Greece's debt problems following 2018. One is huge debt restructuring or a fourth bailout program for the country.
Speaking with Greek daily Ta Nea, the Hungarian economist...
Economy
Athens Concerned About Possible Differences With its Creditors
As negotiations regarding the second bailout review enter their final phase, Greek officials fear that there will be demands for harsher measures.
Greece and its creditors are continuing talks to find solutions to open matters in the second review of...
Cyprus
Tsipras-Erdogan Have Telephone Conversation Regarding Cyprus Issue
Greek Prime Minister Alexis Tsipras and Turkish President Recep Tayyip Erdogan spoke on the phone together on Friday evening, according to an announcement by the former's office. A press release noted that the two leaders discussed developments on the Cyprus...
Greece
Northern Greece Rattled by Kilkis Earthquake
A magnitude 4.7 earthquake rattled Kilkis, an northern Greek industrial city in central Macedonia. The earthquake's epicenter was at the same region where a magnitude 4.3 earthquake had struck just a week earlier (November 10). The earthquake had a...
Economy
Trimming Xmas: Greek Holiday Spending Shrinks a Little Bit More
Deloitte's 31st annual holiday survey of consumer spending intentions and trends found that the average European will spend 517 euros on this Christmas, noting a drop by 1 percent to last year. In Greece, however, the planned Christmas expenditure...
Economy
Schaeuble Strikes Again: Greece Not Living Within Its Means
Germany is opposed to Greek debt restructuring, with the German Finance Minister Wolfgang Schaeuble amping up rhetoric opposed to such a scenario. Speaking at a bank conference in Frankfurt the German minister reiterated his belief that Greece will not face a...
Greece
Veteran Cyclist Covers 8,000k Route Over 14 Countries for the Disabled
Cyclist Stelios Vaskos is not a stranger to the national cycling community of Greece. He has completed many successful and arduous feats in long-distance cycling over rough and challenging terrain. In his latest venture, the athlete from Trikala in...
Greece
Stunning Greece in Top 5 Dream Destinations of the World
"Greece has turned page; we managed to be in the top five of the most popular destinations in the world," Tourism Minister Elena Kountoura on Friday said at the conference {Re}-Branding Destinations held within the framework of Philoxenia-Hotelia in...
Greece
Greek Conservative New Democracy Party Presents Shadow Cabinet
Main opposition New Democracy leader Kyriakos Mitsotakis on Friday presented an ND "shadow cabinet" that he said would be in a position to "hard tackle" the government ministers one on one. He said the aim was to set party...