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Fitch Ratings Upgrades Greece to BB+ Outlook Stable IDR

Fitch Ratings upgraded Greece's Long-Term Foreign-Currency Issuer Default Rating (IDR) to "BB+" on Friday. The previous rating was "BB". The Outlook is now Stable. The news is positive for the Greek economy, which has been on a bumpy road since...

Greek Government Survives Censure Motion on Wiretapping Scandal

The Greek government survived a censure motion tabled by main opposition SYRIZA over the wiretapping scandal on Friday. 156 MPs voted against the motion and 143 in favor. A total of 299 MPs participated in the roll-call vote following a...

Jews in Greece Commemorate Holocaust Remembrance Day

On the eve of International Holocaust Remembrance Day on January 27, the Central Board of Jewish Communities in Greece (KIS) has said that the responsibility to pass on the memory of the Holocaust “is a sacred mission.” In a statement, KIS...

Floods, Stormy Weather Hit Greece

Floods and stormy weather are hitting Greece since Wednesday with meteorologists warning that bad weather will peak on Thursday. Residents in Attica have been urged to restrict their movements due to the deteriorating weather in an emergency 112 alert sent...

Who Really Governs Greece? The Wiretapping Scandal Shaking the Country

The wiretapping scandal in Greece has rocked the conservative government of Kyriakos Mitsotakis who is under growing pressure to reveal who-if not the prime minister himself- is responsible for tapping the phones of politicians and journalists. On Tuesday the chief...

Parthenon Marbles’ Return to Greece “Difficult, but Not Impossible”

Achieving an agreement for the permanent return of the Parthenon Marbles to Greece by the British Museum "is difficult, but not impossible," said Culture and Sports Minister Lina Mendoni in Parliament on Monday. Responding to a parliamentary question calling on...

2023 Is the Worst Year to Date in Mass Shootings for U.S.

The year 2023 has thus far been the worst year to date in terms of the number of mass shootings in the U.S. following the last killing spree in Half Moon Bay, California on Monday, when at least seven...

Russia on Relations With Greece: “We Used to Be Friends”

Russia “used to be friends with Greece” until Athens submitted to “American demands,” Russian Foreign Minister Sergey Lavrov has said. “We noted the transformation of its leadership," the Russian Embassy in Athens tweeted Lavrov as saying on Monday. "It was...

Elderly Monterey Park Gunman Found Dead After Mass Shooting

Police in California discovered the body of the gunman suspected of being responsible for a mass shooting that took place in a dance hall in Monterrey Park of Los Angeles County. The incident occurred on Saturday, January 21st. The suspect,...

U.S. Media Giants Announce Staff Layoffs Amid Grim Economic Climate

Several large media corporations in the US, including CNN, Vox, BuzzFeed, and The Washington Post, have announced that they will lay off significant numbers of staff. Journalists across the country could be facing unemployment in what increasingly appears to be...

Plane Lands Safely at Athens Airport After Apparently Fake Bomb Threat

Greek F-16 fighter jets were mobilized to intercept a plane purported to be carrying a bomb. The plane in question was a Boeing 737 belonging to Ryan Air which headed from Poland to Athens International Airport, Eleftherios Venizelos, located...

Multiple Dead Reported in Monterey Park Shooting, US

A mass shooting caused multiple casualties, including ten killed and a further ten injured, on January, 22, in Monterey Park. The suspected shooter is still reportedly at large. Emergency services rushed to the scene where large numbers of people were...

Greek Cargo Ship Caught Carrying Cocaine in Tenerife Drug Bust

A Greek-managed cargo ship has been held off the coast of Tenerife after Spanish authorities discovered the ship was transporting cocaine. Over three tons (4,500 kg) of cocaine was discovered on the cargo ship. The drug haul is reportedly worth...

Turkey Calls Off Swedish Defense Minister’s Visit Ahead of Planned Protest

On Saturday, Turkey announced that it had canceled an upcoming visit by the Swedish defense minister due to a demonstration set to take place in front of the Turkish embassy in the Swedish capital. The purpose of the visit was...

Holiday Prices to Greece Soar by 30% Compared to 2022

Holiday prices to Greece, including package holidays and flights, have increased by an average of thirty percent compared to 2022, according to new research. The UK magazine Which? found that those booking a summer 2023 package holiday between November 1,...