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Thu, Feb 22, 2018
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  1. Moody's raises Greece's rating two notches

    Moody’s ratings agency upgraded Greece’s credit rating by two notches late on Wednesday to B3, saying the country is set to return to market-based funding following the conclusion of its current bailout program in the summer.

  2. Magnitude-4.8 quake strikes off Zakynthos

    Greek authorities say an earthquake with a preliminary magnitude of 4.8 has struck off the western island of Zakynthos, but no injuries or damage have been reported.

  3. Parliament set to probe all 10 politicians over Novartis affair

    Greece's parliament voted early on Thursday following a marathon 20-hour session to investigate 10 senior politicians, including two former prime ministers, over allegations they were involved in a pharmaceutical bribery scandal.

  4. Travel receipts rose 10.5 pct y-o-y in 2017

    Tourism takings came to 14.595 billion euros last year, Bank of Greece figures show, up from 13.206 billion in 2016 and 14.125 billion in 2015.

  5. Overtaxation halts pay-TV market growth

    The Greek pay-TV market suffered significant losses last year, as sales dropped off due to the burden on prices from tax increases. 

  6. Foreign realtors flocking to Athens

    Apartment transactions in parts of Athens, including the center, are expected to soar in the next few months – with prices set to jump too – as the Greek residential property market has become the focus of dozens of foreign real estate agents, as well as Chinese travel agencies.

  7. Athens among European capitals that will suffer more heat waves and droughts in future

    Athens is among the European capitals that appear set to experience the worst increases in both droughts and heat waves in the future, according to a landmark study by the University of Newcastle using all climate models.

  8. Merkel upbeat on name solution

    German Chancellor Angela Merkel on Wednesday hailed progress in talks between Greece and the Former Yugoslav Republic of Macedonia, noting that a solution appeared “close.”

  9. Ombudsman calls for support on refugees

    European Ombudsman Emily O’Reilly on Wednesday called for more assistance to Greece by other European Union member-states to deal with the refugee-migrant crisis. 

  10. EC concerned about AIA contract extension

    Leading officials of state sell-off fund TAIPED traveled to Brussels on Wednesday with the aim of hastening the process of getting the European authorities’ approval to extend the contract for the concession of Athens International Airport. 

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