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Dufry to Buy 51% Stake in Folli-Follie Greek Travel Retail Unit

Dufry AG, the operator of Hudson News stores in airports, agreed to buy a 51 percent stake in Folli-Follie Group’s travel retail business to...

1 Dead, 4 Tourists Injured in Island of Kos Boat Blast

Authorities in Greece say the captain of a boat has been killed and four tourists have been injured in an explosion off the island...

Tomb Near Serres Wife, Son of Alexander?

Αrchaeologists from the 28th Ephorate of Antiquities unearthed a tomb in the city of Amphipolis, near Serres, northern Greece, which they believe could belong...

New National Library, Opera House Work Set

An ambitious private initiative to build a new national library and opera house on the site of a former horse-racing track in Palaio Faliro,...

Greek Company Gets 391 Years to Pay State Debt

With some 25 percent of Greeks having stopped paying their loans because of pay cuts, tax hikes and slashed pensions, one company that owes...

Greek Ex-Minister Hangs Himself After Graft Probe

A Greek former junior minister was found hanged on Thursday after his name appeared on a list of politicians investigated for possible tax evasion,...

IIF: EU, ECB, IMF Should Lower Greek Loan Interest Rates

The EU, the European Central Bank and the International Monetary Fund should slash interest rates on the Greece debt they hold to give the...

EU OKs Greek Plan to Extend OPAP Exclusive Rights

The European Commission has authorised Greece, under EU state aid rules, to prolong until 2030 exclusive rights granted to OPAP, the Greek public gambling...

Christofias: Cyprus Aims to Avoid Greek-Style Recession

Cyprus wants to avoid a painful recession like Greece is going through as it continues talks with the European Union and International Monetary Fund...

Clashes Outside Immigrant Detention Center

Authorities in northern Greece say clashes have broken out between riot police and protesters opposed to a new detention center created to house illegal...

Greek Civil Aviation Radar, Flights Disrupted by Child’s Balloon

A child's helium balloon has been blamed for a power failure that knocked out Greece's main civil aviation radar and snarled flights for over...

Credit Agricole to Pick Alpha for Final Talks on Emporiki Sale

France's Credit Agricole (CAGR.PA) is expected to pick Alpha Bank (ACBr.AT) as the preferred bidder for its ailing Greek unit Emporiki Bank, a banking...

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