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Greece

Greek Tourism Real Estate Outlook Positive, Piraeus Real Estate CEO Says

George Kormas, a senior manager in the Piraeus Bank Group and the CEO of Piraeus Real Estate, announced on Friday that Greek tourism, and the hotel sector in particular, have improved significantly in terms of quality and supply. The welcome...

Outcry Over Bill Seen as Restricting Public Use of Greek Beaches

The new proposed legislation on shoreline use brought up for debate in the Greek Parliament has triggered strong reactions from environmental groups and opposition parties. Environmentalists are concerned that it may open the way for the legalization of illegal...

Greek Court Rejects ''Mr. Bitcoin's'' Appeal for Release

The misdemeanors court of Piraeus has rejected an appeal for release from detention on behalf of the Russian national Alexander Vinnik, also known by his nickname ''Mr. Bitcoin.'' Vinnik is currently the target of several international arrest warrants for the crime...

Greece Plans to Join ''16+1'', China's Partnership With Central and Eastern Europe

The Greek Government intends to join the ''16+1 Group'', comprising number of Central and Eastern European States which have close ties with China. The news comes from a report in the British Financial Times newspaper published on Thursday, ahead of...

Local Businessmen Demand Full Reopening of Zante's Iconic Navagio Beach

Local businessmen from the Ionian island of Zante (Zakynthos) are demanding the full reopening of the iconic Navagio Beach, which has remained closed since last year over safety concerns. Pavlos Kolokotsas, the mayor of the island, is under increasing pressure from...

Greece's Olympiacos Team Ranks Seventh in the World in Ticket Share

Greece's Olympiacos football team ranked seventh in the world in terms of ticket share in its country's football league during the period between 2013 and 2018. These results were the product of a study conducted by the International Centre for...

President Pavlopoulos from Lebanon: ''Europe Hasn't Assumed its Obligations in the Mideast''

The President of Greece Prokopios Pavlopoulos met with his counterpart, General Michel Aoun in Beirut on Thursday as part of his two-day official visit to Lebanon. "Our great European family has not assumed the part of its responsibilities, based on its...

Greek Feta Receives Exemption From Proposed US Tariffs on EU Products

Greece's Agricultural Development and Foods Ministry announced on Wednesday that it gained an exemption from an approximate ten percent levy on Greek feta cheese from the US' Trump administration. The American government plans to impose tariffs on EU products worth...

Greek Bond Rally Continues, 10-Year Yield At Lowest Level Since 2005

Thursday brought some good news for the Greek economy as the country's government bond yields continued their downward trend, reaching the lowest levels seen in more than thirteen years. More specifically, Greece's 10-year bond yield reached 3.36 percent, which is...

Three-Parent Baby Boy Born in Greece in Medical Breakthrough

A 32-year-old Greek woman gave birth on Tuesday to a baby boy carrying DNA from three people. The child's birth is the result of a revolutionary technique which doctors say could help infertile couples around the world. The woman participated...