Latest News from Greece

Belgrade wins Tourism Oscar as best place for tourism in SEE

BELGRADE - Belgrade has been proclaimed the best tourist place in South Eastern Europe (SEE) in a tourism action to pick the best in SEE tourism in 2013 carried out by Sacen International, an international center for tourism and hospitality development based in Serbia.

Greece to develop Athens' former airport site

Greece to develop Athens' former airport site

The government will pursue commercial development at the giant former airport site to help offset the effects of the economic crisis.

Olympic and other structures have been built on parts of the former Athens' international airport site. [AFP]

EU nudges western Balkans toward economic reform

EU nudges western Balkans toward economic reform

Improving the financial climate will attract investment, the Union said. In other business news: Bulgaria and Macedonia seek more funding for Corridor 8.

The EU believes that financial reforms will mean a better business climate and greater economic prosperity in the western Balkans. [AFP]

Imposing Olympiakos stuns United in Piraeus


By George Georgakopoulos

Olympiakos produced a stunning display to beat Manchester United 2-0 on Tuesday for the first-leg game of the Round of 16 of the Champions League and get the upper hand in the tie that has a ticket to the quarterfinals as its prize.

PDMA to tap liquidity from state entities’ cash reserves


By Sotiris Nikas

The Finance Ministry announced on Tuesday that it will be issuing short-term debt to cover the cash needs of the state by drawing on some 3 billion euros of cash reserves found lying unused in the coffers of various state agencies.

Lamda likely to be the only suitor for Elliniko

By Vangelis Mandravelis

State sell-off fund TAIPED is at risk of receiving just one bid for the development of the former airport at Elliniko on Athens’s southern coast after sources suggested that Israel’s Elbit Cochin abandoned the tender process on Tuesday.

Commission’s winter forecast points to Greek economic spring


European Commissioner for Economic and Monetary Affairs Olli Rehn

By Eleni Varvitsioti

The winter forecasts of the European Commission confirmed on Tuesday that the Greek economy is emerging from the shadows of recession with expected growth this year reaching the target of 0.6 percent.

Gazprom grants DEPA 15 pct discount


 Deal securing cheaper Russian natural gas for industries and households applies from July 2013 for 10 years

By Chryssa Liaggou

The Environment and Energy Ministry announced on Tuesday that Greece has secured a 15 percent discount on natural gas from Russian energy giant Gazprom for 10 years, adding that the measure will be retroactively applied from July 2013.

Worlds apart


By Alexis Papachelas

Many pundits like to draw parallels between SYRIZA chief Alexis Tsipras and the late PASOK leader Andreas Papandreou. The assumption is that should Tsipras come to power, he would turn into a more systemic, adaptive politician.

MEPs pick holes in bailouts, call for new approach


The troika faced an “immense challenge” in dealing with the euro crisis but the adjustment programs it helped implement in Greece and other countries lacked transparency and were not fully adapted to those states, according to a European Parliament committee, which recommended on Tuesday the International Monetary Fund’s involvement in future bailouts be “optional.”

Dignity and common sense

Opinion polls ahead of Greece’s regional and municipal elections in May as well as the results from various ballots held recently by professional associations indicate that the partisan lines of the past are mostly irrelevant.

Only a very small minority of people are still voting on the basis of narrow party interests or good old ideological dividing lines.

Serbian-Greek military cooperation to be enhanced

ATHENS - Serbian Defense Minister Nebojsa Rodic stated after a meeting with his Greek counterpart Dimitris Avramopoulos on Tuesday that a decision has been made to enhance the bilateral military cooperation.

Teachers' union chief concerned by police stance to protesting students


The head of the secondary school teachers’ union OLME, Themis Kotsifakis, has told Kathimerini that he is concerned that authorities are coming down too hard on pupils after it emerged that 21 youngsters who took part in sit-in protests are to go on trial in April.

Four Chinese men sought for blackmailing female compatriot


Police in Katerini, northern Greece, said on Tuesday that they were seeking four Chinese nationals in connection with the alleged blackmail of a female compatriot of theirs who worked as a masseuse on local beaches.

The ring members are believed to be behind the attempted manslaughter of a 26-year-old Chinese man in June last year.

Bulgaria and Greece To Set Up Transplantation Network

Bulgaria and Greece will set up a regional network for exchange of organs for transplantation.

This was agreed at a meeting between Bulgaria's Health Minister Tanya Andreeva and her Greek counterpart Adonis Georgiadis.

The Balkan transplantation network would facilitate the organ exchange among the neighbouring countries.

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