Problems
Cyprus
Severe Technical Problems Arise with Turkey's ''Yavuz'' Drillship
Cypriot and Greek media reported on Tuesday that the Turkish vessel ''Yavuz,'' which is violating Cyprus' block 7 of its Exclusive Economic Zone (EEZ), has faced severe technical problems over the past several days.
The reports suggest that while the...
Economy
Stournaras Proposes Loosening of Capital Controls
Bank of Greece Governor Yiannis Stournaras announced a proposal submitted to Greece's creditors on Monday by the Greek Ministry of Finance that calls for a loosening of capital controls. During a discussion on the Bank of Greece report on...
Greece
Heavy Storm Floods Athens
Terrifying implications and unspeakable disasters were caused throughout the day in Athens, Greece, and the entire Attica region due to the heavy rainfall that flooded streets, houses and shops. State authorities as well as Athenians were caught, once again, unprepared...
Economy
Greek Tax Returns Lag Again
With technical problems handling tax returns which now must be submitted online, Greek tax authorities said they've received only 30 percent of those that are due as the government will likely be forced to extend the deadline as it...