Greece
Economy
Draft Bill to Lift Cabotage Restrictions Approved
The Cabinet on Thursday approved a draft bill presented by the Development, Competitiveness and Shipping ministry that lowers the minimum limits for including proposed investments in the ΄Fast Track΄ process, as well as fully -- after decades -- lifting...
Cyprus
Papaconstantinou: Greece, Cyprus Consider Linking Power Grids
Greece and Cyprus may agree to link the power grids of Crete, Greece’s largest island, and Cyprus to raise security and increase supplies, the Greek energy minister said.
“We will look into the financial and technical aspects of linking Cyprus...
Economy
Cruise Lines Want to Expand and Use Local Greek Ports
Representatives of major international cruise lines have expressed interest in participating in the construction of infrastructure at a number of Greek ports, provided that the cruise market in Greece is fully liberalized.
Cruise industry giants such as Carnival, Royal Caribbean,...
Greece
One Climber Dead During Cold Spell in Greece
The cold weather in Greece caused the death of one climber and some material damage as the country was gripped by a cold front this weekend, local authorities and media stated on Sunday.
Rescue teams retrieved the body of a...
Greece
Greece Will Follow EU’s Decision on Iran Oil Embargo
Greece΄s government would not stand in the way of a European Union embargo on Iranian crude exports, a government official said Wednesday.
Greece had been the only country openly opposed to the oil embargo proposal, which France put forward last...
Greece
Papandreou to Step Down as Socialist Leader
Former prime minister George Papandreou told the Pasok leadership on Wednesday that he will step down as party leader and not seek re-election, a party MP told Reuters.
"He told us that he will resign as PASOK leader and that...
Greece
Ashton Kutcher is (crazy) Partying in Athens
It doesn’t look like his split from wife Demi Moore is getting Ashton Kutcher down. TheTwo and a Half Men star has been partying like crazy for the past week in Athens with actress Lorene Scafaria . Ashton and Lorene went to one of Athen's...
Hollywood
Ashton Kutcher In Athens to Welcome 2012 and Party like a Greek!
Most Hollywood stars visit Greece during the summer but Ashton Kutcher broke the tradition of Hollywood summer holidays in Greece by visiting Athens in the heart of winter. Kutcher and his new gal pal Lorene Scafaria were spotted in nightclubs in...
Economy
Resistance and Difficulties Persist in Greece Debt Swap Talks
Resistance and difficulties still exist between Greece and its private bondholders on a number of issues in talks for a new debt swap plan, the deputy finance minister was quoted as saying on Friday.
Yannis Mourmouras, one of three deputy...
Economy
Greek Borrowing Costs Rise in 3-Month T-bill Sale
Greece sold 1.3 billion euros ($1.69 billion) of three-month T-bills on Tuesday, with the yield rising by 5 basis points compared to an auction in November, according to debt agency PDMA.
The sale's bid-cover ratio was 2.91, down from 2.94...