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Germany Rejects Greek Appeal to Freeze Submarine Sale to Turkey, Again

Germany rejected -yet again- recently a Greek request to freeze a submarine sale to Turkey. Many Greek officials, including Foreign Minister Nikos Dendias and Defense Minister Nikos Panagiotopoulos have repeatedly talked about the need for the freeze of this major...

United States Mulls F-35 Fighter Jet Sales to Greece

The United States is considering expanding sales of Lockheed Martin Corp-made F-35 fighter jets to Greece, according to a Reuters report which came out on Thursday. The US is considering boosting the defenses of four European allies, including Greece, Spain, Romania...

EFG Eurobank To Sell Turkish Subsidiary To Kuwait’s Burgan Bank

Turkish group Eurobank Tekfen, a partnership of Greek lender EFG Eurobank and Turkish company Tekfen, said the process of selling a 70 percent stake in the bank was continuing, Milliyet newspaper reported on Thursday. Eurobank, Greece’s second-largest lender, said in...