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Greece

ELPE Pleased With Signing of Exploration Rights Deal for Ionian Block

Greece's biggest oil refiner, Hellenic Petroleum (ELPE), said on Friday, it is satisfied with the signing of an exploration rights deal for an offshore block in the Ionian Sea in western Greece. ELPE is part of a consortium led by...

Government and Institutions Still at Odds Over Energy Market, Official Says

The differences between the government and the institutions over energy market issues remain, an official at the environment and energy ministry said on Friday, after the conclusion of the first part of a teleconference that began at 2:30 p.m....

Mitsotakis: 'The Country Is in Limbo and About to Become a Pariah'

For months now, the government has generated nothing but insecurity and uncertainty in Greece, main opposition leader Kyriakos Mitsotakis said on Friday, in a statement on video that was released to the press. "The country is in limbo and about...

1.6 Billion Euros in New Tax Arrears Created in January

  According to figures released on Thursday by the Independent Authority for Public Revenue, taxpayer's expired debts are quickly rising. Greeks created new tax arrears of 1.63 billion euros in January 2017, one of the biggest upsurges in debt creation recorded...

Talks of Expanding the 'Golden Visa' Program for Investors in Greece

The "Golden Visa" program is one in which non-European Union citizens can obtain a visa by a minimum investment in a property of 250,000 euros. There are no immediate changes to the program underway, however, on Thursday the Economy and...

Scientists: Santorini Tsunami of 1650 BC Caused by Pyroclastic Flows, Not Caldera Collapse

The 1650 BC eruption of the Santorini volcano triggered tsunamis that heavily damaged coastal towns and disrupted vital shipping and trade operations, a new study shows, contrary to a previous theory that the tsunamis were caused by the collapse...

Greek Court Sentences Artemis Sorras to 8 Years in Prison Without Parole

A Greek court on Friday sentenced in absentia Artemis Sorras and his wife to eight years in prison without parole on felony charges of embezzlement. The Patras prosecution has issued a warrant for the arrest of the two convicts, as...

Greek PM Attacks Previous Governments for Poor Conditions of Health System

Speaking in Greek Parliament on Friday, Prime Minister Alexis Tsipras attacked previous administrations for the poor condition of the National Health System, while announcing a committee to investigate scandals involving previous health officials. On the weekly "Hour of the Prime...

A Year After the Turkey-EU Deal, Greece Has Become 'A Laboratory' for EU Migration Policies, NPOs Say

Marking the one year anniversary of the EU-Turkey migration deal, several non-governmental organizations (NPOs) have released a joint report claiming that the deal has turned Greece into "a laboratory" for implementing new EU policies, while at the same time essentially "eroding" the...

Police Searching for Three Men Who Robbed and Kidnapped Businessman in Athens

On Thursday in the center of Athens in Patissia, a businessman was robbed and kidnapped outside of his home by three men. When the victim entered his house the men threatened him with knives and attempted to rob him. Upon...