Feeds
Greece and its private investors are close to a deal that will significantly reduce the country's debt and pave the way for it to receive a much-needed euro130 billion bailout.
Debt-crippled Greece has named some 4,000 alleged tax dodgers, including a former media magnate and a prominent entertainer, with the worst offender owing the state nearly euro1 billion ($1.3 billion).
In an abrupt U-turn, Greece's conservative leader wrote to tell international creditors he backed the country's fiscal targets, clearing a major sticking point to get a desperately needed loan that will prevent a devastating Greek bankruptcy.
Strong winds spread large fires through thousands of hectares (acres) of forest in Greece Friday, despite a large firefighting operation with water-dropping aircraft from other European countries.
Greek officials launched talks with international bankers Thursday on the details of a complex plan to restructure the loan-dependent country's privately held debt under a new bailout deal.
A European debt deal is "attainable" at an emergency EU summit Thursday, Greece's finance minister claimed, saying he believed European governments and private bond holders would be able to draw up a new rescue deal for his ailing country by then.
Government officials appealed for calm Friday after three days of attacks by ultranationalist mobs on dark-skinned foreigners in Athens, sparked by the fatal mugging of a Greek man in the capital's crime-infested center.
More than a third of the 240 North African immigrants on hunger strike in a central Athens mansion for the past 37 days have been hospitalized with severe health problems, say members of a migrant support network.
Greece's most wanted bank robber — a man who deeply embarrassed authorities by escaping from prison twice by helicopter — was involved in a militant bombing that killed a police officer last year, officials said Tuesday.
The Acropolis reopened Friday after a labor dispute kept out thousands of visitors for three days from debt-ridden Greece's most famous monument — seen as an enduring symbol of ancient democracy.
Prices of consumer goods and services have risen overnight in Greece, as a new sales tax hike takes effect in an effort to boost government finances.
Angry Greek unionists took to the streets Tuesday to protest harsh austerity measures imposed under an international bailout to save Greece from looming bankruptcy, while financial markets were far from assured that the euro110 billion ($144 billion) in promised loans could douse Europe's smoldering sovereign debt crisis.
Europe's government debt crisis worsened ominously Tuesday when Greece's credit rating was downgraded to junk status and Portugal's debt was lowered on fears the trouble could spread. Stocks slid on the news.
A bomb blast in Athens killed a 15-year-old Afghan bystander and severely injured his 10-year-old sister, Greek police said Monday.
When it came to endearments, Philonides wasn't a man of subtlety.
Greece's new Socialist prime minister took charge Wednesday, promising Greeks "time to breathe" before they face the realities of a rapidly cooling economy compromised by high state spending and a soaring public debt.
A small bomb exploded on Friday at a campaign rally attended by Prime Minister Costas Karamanlis and tens of thousands of his supporters, but caused no injuries, police said.
Europe's most nicotine-addicted nation adopted a new public smoking ban Wednesday in a bid to stub out the Greek habit of lighting up practically everywhere. Exceptions have been made for mental patients and gamblers.
The new Acropolis Museum opened its gates Sunday to hundreds of visitors eager to explore its vast collection of sculptures and artifacts from ancient Greece.
A month before the lavish opening ceremony for the new Acropolis Museum, Greek officials are keeping quiet on the details — other than the nearly euro3 million ($4.1 million) price tag.
The long-awaited museum where Greece hopes to one day display the Elgin Marbles alongside other ancient masterpieces from the Acropolis will be inaugurated this summer.
The ancient marble head of a youth was fitted into place Wednesday at a museum in Athens in a deal that Greek officials hope will serve as a model for returning other treasures.
A 6,000 year-old set of household gear, including crockery and two wood-fired ovens, has been found in the buried ruins of a prehistoric farmhouse in northern Greece, officials said Thursday.
Greece has finally taken possession of a chunk of the Elgin Marbles, and now holds renewed hopes of regaining the rest.
Hungary has offered to return a collection of antiquities on display in a leading Budapest museum that were illegally exported from Greece, the Hungarian foreign minister said Thursday.
Log In | Register
