greece news

Capital controls could be gradually relaxed from late 2016 if the political landscape remains stable and Greece continues to implement the reforms envisaged in its economic adjustment program, Fitch Ratings said in a press release on Wednesday. The agency added...

A political storm was fueled a year after the Greek referendum with the release of American economist James Galbraith's book about Plan B for Greece drafted by former finance minister Yanis Varoufakis. The book, titled "Welcome to the Poison...

The "Delos" Higher School of Drama and the Municipality of Thassos are organizing the 1st Theater Anti-Scene from July 8-12 at the island's municipal camping site at Chryssi Ammoudia, one of the most exquisite sandy beaches, just a few...

French studio ateliers Jean Nouvel's The White Walls, in Nicosia, Cyprus -- created to function as office buildings, shops and apartments for Nice Day Developments -- was selected as the best among 132 buildings due to its special characteristics that...

Hundreds of Turkish tourists remained trapped for hours at passport control on Chios island after a breakdown of the computer system. It was after the intervention of deputy regional governor Stamatis Karmantzis and Citizen Protection Alternate Minister Nikos Toskas that...

The Republic of Cyprus will sign on Wednesday the European Cooperating State (ECS) Agreement with the European Space Agency (ESA), which will allow Cyprus to participate actively in the activities and programs of ESA. The agreement paves the way for...

Representatives of energy companies that are active in the exclusive economic zone of Cyprus met on Tuesday morning with the country's President, Nicos Anastasiades, and expressed their commitment in their offshore investments. In particular, President of Cyprus Nicos Anastasiades met...

Members of the Hellenic Financial Stability Fund have tendered their resignation to be made effective on July 18, 2016. The decision was made so as to ease the future choices concerning the role that the HFSF will play in...

Shabab in Arabic means friends. Along these lines, Shabab web radio, based in Athens, caters to refugees and migrants who live or are stranded in Greece. The multicultural internet radio station broadcasts news, music, entertainment programs and information that is...

The refugee crisis has taken a heavy toll on the Aegean island of Lesvos, which this year saw a sharp decline in tourist arrivals, one of the main sources of income for its economy. The island that became a...