Latest News from Greece
Greek REIT said to seek $1.4 billion as foreign investors return
Pangaea REIC, the real estate investment trust owned by Invel Real Estate Partners and the National Bank of Greece SA, aims to raise about 1 billion euros ($1.4 billion) to invest in Greece and Italy, three people with knowledge of the matter said.
Greece said to plan 2 billion-euro bond sale in first half
Nikos Chrysoloras & Rebecca Christie
The Greek government, approaching the end of a second international bailout that has kept it afloat since 2010, plans a return to markets by selling 2 billion euros ($2.8 billion) of bonds, three officials said.
Cyprus must see assets seized to tame bad debt, central bank governor says
Cypriot lawmakers must make it easier for banks to seize property when borrowers default to tackle the issue of bad loans, the countrys most pressing issue, central bank governor Panicos Demetriades said.
Angela Merkel to visit Athens on April 11
German Chancellor Angela Merkel is expected to make a fresh visit to Greece on April 11, Kathimerini understands.
The German leader's visit follows the approval by eurozone officials on Tuesday of 8.3 billion euros in rescue loans to Greece.
Macedonia PM Says Opposition 'Sound Greek'
As election races hot up in Macedonia, the ruling VMRO DPMNE party has accused the opposition of holding standpoints on the sensitive issue of the country's name issue that betray national interests.
The opposition has meanwhile accused the ruling parties of taking too hard a line on the name issue, and of excluding them from any discussion about it.
Additional bailout funding on the way to Greece
Additional bailout funding on the way to Greece
Russia action worries exporters
Local industry braces for trade problems should Moscow proceed with countermeasures against the EU
By Dimitra Manifava
Watershed moment
Over the past few years skeptics at home and abroad have speculated that debt-hit Greece will have to leave the common currency area.
Such gloomy predictions were yesterday debunked in the most official of ways. Euro-exit scenarios are no longer on the cards and the usual doomsayers have mostly fallen silent.
Prison guards charged with torture death
A prosecutor Tuesday brought criminal charges against nine prison employees, including the warden of Nigrita jail in northern Greece where the body of a 42-year-old Albanian inmate was found in his cell, covered in bruises, last week.
Eurogroup clears tranches, Greece eyes bond issue
Finance Minister Yannis Stournaras (l) and European Economic and Monetary Affairs Commissioner Olli Rehn (r) discuss issues at Tuesdays Eurogroup as German Finance Minister Wolfgang Schaeuble ponders something in the background.
New tax hits 2013 profits of Greece's OPAP
Greek gambling monopoly OPAP posted a bigger-than-expected drop in its 2013 net profit, hurt by a new tax the country imposed on the firm to help plug its budget shortfall.
Greece slapped a 30 percent levy on OPAPs gross gaming revenue last year to meet the terms of its 237-billion-euro international bailout.
Sending parcels from Greece just got cheaper
The Greek postal service, ELTA, on Tuesday announced substantial reductions to the cost of sending parcels.
It said that customers would now pay 1.50 euro to send a package weighing up to a kilo, and then 0.50 euro for each kilo above that.
Until now, the price started at 3.50 euros for up to a kilo, rising from there.
Two suspected drug smugglers arrested near Greek-Albanian border
Officers of the polices anti-drugs squad arrested two Albanian nationals in Thesprotia, northern Greece, on Tuesday after confiscating 160 kilograms of cannabis they are alleged to have brought over the border.
Greece preparing to issue 2-bln-euro bond but timing not decided
By Nikos Chrysoloras
The Greek government, approaching the end of a second international bailout that has kept it afloat since 2010, plans a return to markets by selling 2 billion euros of bonds, three officials said.