The full IMF programme for Greece
FINANCE
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FINANCE
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The full IMF programme for Greece

makis - Jul 21, 2017

The IMF published its new programme on Greece on Thursday, which was approved on principle by the organisation’s board of directors. Read the details of the programme:…

President Pavlopoulos extends support to Kos Mayor
POLITICS
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POLITICS
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President Pavlopoulos extends support to Kos Mayor

makis - Jul 21, 2017

The President of the Hellenic Republic, Prokopis Pavlopoulos expressed his deepest sorrow for the victims of the Kos earthquake in a phone contact with the island’s Mayor…

Kos earthquake: Turkish victim identified as Sinan Kurtoglu
GREECE
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GREECE
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Kos earthquake: Turkish victim identified as Sinan Kurtoglu

makis - Jul 21, 2017

The name of the Turkish national killed in the earthquake on the island of Kos is Sinan Kurtoglu. According to Turkish media, the 39-year-old man was killed…

Things to do when visiting Paleokastritsa, Corfu
GREECE
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GREECE
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Things to do when visiting Paleokastritsa, Corfu

Panos - Jul 21, 2017

Paleokastritsa in Corfu Greece is one of those places that has an otherworldly appeal. Located in the northwest coast of the Greek island by the Ionian Sea,…

Kos airport management reports says facility operating normally, safely; only minor delays cited
GREECE
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GREECE
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Kos airport management reports says facility operating normally, safely; only minor delays cited

Panos - Jul 21, 2017

Fraport Greece on Friday morning assured that the airport on the quake-hit island of Kos is operating normally and safely for passengers and flights. The German-Greek consortium,…

Inaugural sale of Greek bank’s NPL portfolio set for August
FINANCE
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FINANCE
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Inaugural sale of Greek bank’s NPL portfolio set for August

Panos - Jul 21, 2017

The inaugural sale of a portfolio of "bad debt" held by Greece's systemic banks is expected in early August, with the initial cache reportedly being non-performing consumer…

Germans Drink More Ouzo, Greeks Opt for Tsipouro
GREECE
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GREECE
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Germans Drink More Ouzo, Greeks Opt for Tsipouro

Panos - Jul 21, 2017

Germans drink almost twice as much ouzo as Greeks, who now seem to turn to tsipouro; meanwhile ouzo exports to the Middle East are increasing, according to…

IMF spox on Greece program, debt ceiling issue
FINANCE
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FINANCE
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IMF spox on Greece program, debt ceiling issue

Panos - Jul 21, 2017

An IMF spokesman on Thursday referred directly to a debt ceiling that the Fund calculates for still bailout-dependent Greece, in the wake of numerous press reports this…

Draghi: It’s up to Athens to decide when to return to markets; confidence restored with full implementation of program
FINANCE
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FINANCE
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Draghi: It’s up to Athens to decide when to return to markets; confidence restored with full implementation of program

Panos - Jul 21, 2017

European Central Bank (ECB) President Mario Draghi told reporters in Frankfurt on Thursday that it's up to the Greek government when to decide on a return to…

Paphos facing big drought threat
GREECE
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GREECE
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Paphos facing big drought threat

Panos - Jul 21, 2017

Residents in Paphos face the possibility of severe water shortages if there is little rain this winter as plans to construct a new desalination plant for the…

ELA ceiling for Greek banks again lowered; BoG points to improved liquidity
FINANCE
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FINANCE
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ELA ceiling for Greek banks again lowered; BoG points to improved liquidity

Panos - Jul 21, 2017

The European Central Bank's (ECB) governing council on Thursday lowered an emergency funding cap - the Emergency Liquidation Assistance (ELA) mechanism -- for Greek banks by 1.1…

Weather Forecast: Fair
GREECE
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GREECE
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Weather Forecast: Fair

Panos - Jul 21, 2017

Fair weather and northerly winds are forecast for Friday. Wind velocity will reach 4 on the Beaufort scale. Clouds and possibility of rain in the northern parts…

Athens Newspapers Headlines
GREECE
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GREECE
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Athens Newspapers Headlines

Panos - Jul 21, 2017

Two killed in 6.4 magnitude earthquake on island of Kos
GREECE
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GREECE
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Two killed in 6.4 magnitude earthquake on island of Kos

Panos - Jul 21, 2017

A strong earthquake in the Aegean Sea has killed at least two people on the Greek island of Kos, officials say. The deaths were confirmed to the…

Greeks consume 27% less food, Bank of Greece survey finds
GREECE
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GREECE
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Greeks consume 27% less food, Bank of Greece survey finds

makis - Jul 20, 2017

Bank of Greece (BoG) study reveals a collapse in Greeks’ net wealth, assets, income and consumption of goods and services. One of the most shocking findings in…

Erdogan: Greek Cypriot ‘intransigency’ to blame for talks failure
WORLD
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WORLD
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Erdogan: Greek Cypriot ‘intransigency’ to blame for talks failure

makis - Jul 20, 2017

Turkish President Tayyip Erdogan has blamed “Greek Cypriot intransigence” for the collapse of peace negotiations at the Swiss resort of Crans-Montana on July 7. “The Greek Cypriot…

The collapse of Cyprus reunification talks: Imposition of sanctions against Turkey is long overdue
GREECE
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GREECE
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The collapse of Cyprus reunification talks: Imposition of sanctions against Turkey is long overdue

makis - Jul 20, 2017

By Constantine Tzanos, Contributor Nuclear engineer, PhD* July 7, 2017, marked the failure of another effort to solve the over 40-year-old problem of the division of Cyprus.…

Cyprus invasion: 43 years since Turkish aggression
GREECE
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GREECE
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Cyprus invasion: 43 years since Turkish aggression

makis - Jul 20, 2017

In commemoration of the Turkish invasion of Cyprus by Turkish forces on July 20 1974, the sirens wailed across the island on Thursday at 5.30am, the time…

The Emerald of the Aegean
GREECE
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GREECE
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The Emerald of the Aegean

Panos - Jul 20, 2017

Thasos Island With its rich history and archaeological remains, wonderful beaches, variety of activities to do and friendly people, Thasos has become one of those islands holidaymakers…

Property value plummets by 34% in Greece
FINANCE
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FINANCE
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Property value plummets by 34% in Greece

Panos - Jul 20, 2017

The median value of houses in Greece has recorded a significant fall of 34% between 2009 and 2014, from €106,340 to €69,834. According to official data by…