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Greece

Survey Shows that 39 Percent of Greek Companies Want to Transfer their Activities Abroad

Thirty nine percent of Greek companies are considering the transfer of their headquarters abroad, almost double compared to last July when capital controls were imposed, according to a survey by Endeavor Greece. This percentage translates into more than 9,000 small,...

Two Pink Beaches in Crete Among the Most Beautiful in the World

There are only a small number of pink beaches scattered throughout the world. They owe their exquisite color to tiny oysters named Foraminifera, which are red shells that are crushed in the sand, giving it a pink color. The Canadian travel...

Greeks Included on 'The Panama Papers' List

The "Panama Papers" scandal has caused huge turmoil in the global financial and political community, since renowned personalities are included on the list of offshore companies. Some Greeks who appeared to have issues with Justice in the past, are also...

Economy Minister George Stathakis Refutes Reports on Greek Debt Sustainability

Economy Minister George Stathakis called "out of place" and "misleading" reports on an alleged "reversal of the Greek government’s position on the debt." According to reports, Stathakis speaking on Tuesday at the Greek-German Business Forum organized by the Economist in...

Refugees and Migrants Seek for Asylum Right Before they are Returned to Turkey

Tomorrow's refugee and migrant refoulments from Chios island towards Turkey are up "in the air," as 166 people requested for asylum, which sets back the procedure at least one month. According to ANA-MPA, in Lesvos island, out of the 3,021...

IMF No Longer Necessary for Greece's Stabilization, Says ECB Official

The International Monetary Fund (IMF) is no longer necessary for Greece’s stabilization, from an economic point of view, a European Central Bank official said in a newspaper interview published on Tuesday. “That’s a problem that the Europeans can solve alone,”...

The Countries With the Highest Public Debt; Greece in Second Place

The World Economic Forum's latest research, published by the Businnes Insider, showed that among the 17 countries with the highest level of government debt, Greece comes in second place. As the study looks at the financial health and risks...

IMF Chief: Talks With Greece in 'Good Faith,' But Figures 'Need to Add Up'

International Monetary Fund Managing Director Christine Lagarde said she intends to negotiate "in good faith" with Greece, despite recent acrimonious comments by the Greek side. The comments against the IMF came after the alleged leaks of a conversation between the...

New Turkish NOTAM Challenges Greece's Airspace

Turkey complains that Greece has acted illegally by specifying the Greek territorial waters at 6 nautical miles and national airspace at 10 nautical miles. According to the Turkish perspective, the national airspace should be equal to the national territorial waters. Therefore,...

Pope Francis to Visit Lesvos Next Week

Pope Francis intends to visit the eastern Aegean island of Lesvos on April 15, in order to draw attention to the plight of refugees and sensitize European and international public opinion to the issue. The Church of Greece on...