Latest News from Greece
Rail workers threaten Easter holiday strikes
Workers at Greeces national railway service are planning rolling 24-hour strikes during the Easter holiday, from Good Friday to the Monday after, in demand of a new collective labor agreement between staff and management.
The workers are also taking issue with the planned privatization of railway operator Trainose.
Albanian prison fugitive caught in western Greece 17 years later
A 48-year-old Albanian man who escaped from a prison in the neighboring country where he was serving a 20-year sentence for murdering his cousin nearly two decades ago, was apprehended by police in the western Greek port city of Patra on Saturday.
The fugitive, who was not named, had been at large since 1997.
A stabilizing force
PASOKs role as the junior partner in Greeces coalition government led by the New Democracy conservatives is extremely crucial to ensuring political stability.
Southern Greece Shaken by 5.6 Earthquake
An earthquake of magnitude 5.6 on the Richter scale shook southern Greece on Friday night.
The quake was registered at 11:08 pm local time, with an epicenter 25km east of the island Hydra and 78km south of the capital Athens, the Athens Geodynamic Institute said. There are no initial reports of damages or injuries.
Questions raised by Moody’s stance
Agency chose not to revise Greeces credit rating, retaining the countrys selective default status
By Sotiris Nikas
Moodys rating agency may not have changed its rating for Greece on Friday, but the markets did not appear inclined to wait for its announcement to display their own confidence in the countrys economy.