IMF agrees on Greece’s progress, looks for “more specificity” on assumptions and debt measures
FINANCE
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FINANCE
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IMF agrees on Greece’s progress, looks for “more specificity” on assumptions and debt measures

Panos - May 23, 2017

Acknowledging the progress on the second review of the third bailout program, the Director of the IMF’s European Department Poul Thomsen, acknowledged Greece’s progress, adopting last reform…

Russian PM: Turkish Stream will enter EU via Bulgaria or Greece
FINANCE
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FINANCE
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Russian PM: Turkish Stream will enter EU via Bulgaria or Greece

Panos - May 23, 2017

Russia is in negotiations with Greece and Bulgaria regarding the entry point on EU territory of the Turkish Stream gas pipeline, Russian Prime Minister Dmitry Medvedev is…

Bloomberg: Hedge Fund Basks in World-Beating Surge for Greece’s Markets
FINANCE
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FINANCE
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Bloomberg: Hedge Fund Basks in World-Beating Surge for Greece’s Markets

Panos - May 23, 2017

The odyssey of Greece and its economic crisis has taken a positive turn in recent months, and hedge funds are among those reaping the rewards. Once the…

94% Russians have never visited Greece
GREECE
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GREECE
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94% Russians have never visited Greece

Panos - May 23, 2017

Greek tourism has great growth potential regarding the Russian market, according to a study conducted by Russian NGO Levada Center. The findings of the independent social research…

Reuters: French finance minister sees overall deal on Greece in June
FINANCE
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FINANCE
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Reuters: French finance minister sees overall deal on Greece in June

Panos - May 23, 2017

May 23 France is confident that Greece and its international lenders can reach a deal on additional measures of debt relief for Athens in June, the French…

First human originated in Greece, new study suggests
GREECE
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GREECE
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First human originated in Greece, new study suggests

Panos - May 23, 2017

A new examination of two 7.2 million-year-old fossils from southern Europe suggests that humans split off from the great apes several hundred thousand years earlier than we…

EU: Older Refugees Stranded in Greece
GREECE
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GREECE
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EU: Older Refugees Stranded in Greece

Panos - May 23, 2017

Unnecessary delays and arbitrary barriers are keeping older refugees and asylum seekers stranded in Greece, unable to reunite with family members who have legal status in the…

19 dead in terrorist attack at Ariana Grande Manchester concert
WORLD
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WORLD
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19 dead in terrorist attack at Ariana Grande Manchester concert

Panos - May 23, 2017

Nineteen people have been killed and more than 50 injured in a suspected terror attack at Manchester Arena. The blast happened at 22:35 BST on Monday following…

Russian-Greek investor Savvidis buys 20% stake of nationwide TV channel
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FINANCE
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Russian-Greek investor Savvidis buys 20% stake of nationwide TV channel

Panos - May 23, 2017

Russian-Greek investor Ivan Savvidis has purchased 19.63 percent of the shares in the troubled Athens-based Teletypos, the owner of the national broadcaster Mega. The sale was announced…

Eurogroup: No agreement on debt or the evaluation!
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FINANCE
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Eurogroup: No agreement on debt or the evaluation!

Panos - May 23, 2017

The Eurogroup, after many hours of negotiations has ended. There is no agreement regarding the debt issue, which will however be discussed in detail on June 15th.…

Weather forecast: Partly cloudy on Tuesday
GREECE
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GREECE
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Weather forecast: Partly cloudy on Tuesday

Panos - May 23, 2017

Partly cloudy and winds from variable directions are forecast for Tuesday. Wind velocity will reach 6 on the Beaufort scale. Partly cloudy in the morning with rain…

Athens Newspapers Headlines
GREECE
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GREECE
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Athens Newspapers Headlines

Panos - May 23, 2017

Schauble: No debt relief for Greece before end of program
POLITICS
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POLITICS
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Schauble: No debt relief for Greece before end of program

makis - May 22, 2017

The Greek matter was on the agenda of talks between German Finance Minister Wolfgang Scuable and his newly-appointed French counterpart Bruno Le Maire before the start of…

ExxonMobil & Total discuss offshore drilling opportunities in Greece
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FINANCE
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ExxonMobil & Total discuss offshore drilling opportunities in Greece

makis - May 22, 2017

Greece’s energy minister held talks on Friday with representatives of U.S. oil major ExxonMobil and France’s Total about gas exploration opportunities off Greek shores, the energy ministry…

Pavlopoulos-Erdogan meeting canceled!
POLITICS
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POLITICS
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Pavlopoulos-Erdogan meeting canceled!

makis - May 22, 2017

The meeting between the Greek President Prokopis Pavlopoulos and the Turkish President Recep Tayyip Erdogan has been canceled. The meeting was to be held on side of…

28 million arrivals expected in Greece in 2017
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GREECE
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28 million arrivals expected in Greece in 2017

Panos - May 22, 2017

All the signs indicate that Greek tourism is expecting a very successful summer season. Greek hotel owners and industry professionals are confident the current season will be…

President Pavlopoulos: Turkey should allow Patriarchate to reopen School of Chalki
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GREECE
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President Pavlopoulos: Turkey should allow Patriarchate to reopen School of Chalki

Panos - May 22, 2017

“The Patriarchate is our cradle and the Turkish leadership must realise that the presence of the Patriarchate in Constantinople is one of Turkey’s most powerful ties with…

Deal between Greek power company, China’s CMEC on hold after Commission objection
FINANCE
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FINANCE
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Deal between Greek power company, China’s CMEC on hold after Commission objection

Panos - May 22, 2017

A high-profile agreement between state-run Public Power Corp. (PPC) and Chinese utility operator CMEC is on hold, according to Greek Deputy Economy Minister Stergios Pitsiorlas, who told…

Tsipras, Macron speak on Monday ahead of Eurogroup, debt issue discussed
FINANCE
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FINANCE
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Tsipras, Macron speak on Monday ahead of Eurogroup, debt issue discussed

Panos - May 22, 2017

Greek Prime Minister Alexis Tsipras on Monday spoke by phone with new French President Emmanuel Macron, hours before a closely watched Eurogroup meeting is set to convene…

German foreign minister Gabriel demanded debt relief for Greece
FINANCE
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FINANCE
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German foreign minister Gabriel demanded debt relief for Greece

Panos - May 22, 2017

Shortly before an Euro Group meeting, German foreign minister Sigmar Gabriel demanded debt relief for Greece. Indirectly, Gabriel is standing up against fellow German cabinet minister Wolfgang…