News archive of October 2016

The benchmark of the Greek stock market chalked up monthly gains of 4.53 percent in October, after Monday's session saw the majority of stocks swing from red in the morning to green in the afternoon, despite the negative mood on most other European bourses due to concerns over the US presidential race.

The recent decision by the Council of State concerning the TV license auction has piled political pressure on the coalition, which also has to face the eurozone's unwillingness to discuss debt relief, as well as the strict stance of the country's lenders on the second bailout review.

An Athens court on Monday acquitted 34-year-old defendant Theodoros Sipsas of all charges related to the firebombing of a branch of Marfin Bank in central Athens during an anti-austerity riot in 2010 that led to the death of three bank workers.

The Greek Police on Monday said it has dismantled an international criminal organization that helped smuggle undocumented migrants from Turkey into Central and Northern Europe via Iraklio's Nikos Kazantzakis Airport on the island of Crete.

James Galanos, a second-generation Greek-American fashion designer, died of natural causes at his residence in West Hollywood, California, on Sunday.

He was 92.

Galanos was best known for the made-to-measure garments he created for a select clientele that included Nancy Reagan.

A man was fatally shot in the chest on Sunday by a 57-year-old friend who mistook him for a wild boar during a hunting trip in the region of Ioannina, northwestern Greece.

The 32-year-old victim was rushed to a local hospital but was pronounced dead on arrival.

The 57-year-old faces manslaughter charges.

The deadline for binding offers for the use of the natural gas pipeline between Bulgaria and Greece has been extended by a month to the end of November due to requests from bidders, the joint venture that runs the project said on Monday.

Bulgarian main ruling party's candidate Tsetska Tsacheva is set to lose to any of the two predicted frontrunners, a new survey has suggested.

The operation to liberate Syria's Raqqa from the Islamic State of Iraq and the Levant (ISIL) should start after operations to retake Mosul from jihadists and Turkey's Euphrates Shield Operation end, Turkish Deputy Prime Minister Numan Kurtulmuş said Oct. 31. 

Syria's army said on Oct. 31 that the Nusra Front and what the army called other terrorist groups had killed 84 people, mostly women and children, in Aleppo during the past three days, in a bombardment that included chemical weapons and rocket fire.