Greece, Albania, Italy Sign Trans-Adriatic Pipeline Deal
04:51 14/02/2013Greece, Albania and Italy signed an intergovernmental agreement on Wednesday to build the Trans-Adriatic Pipeline (TAP) to deliver Azerbaijani gas to Europe.
Russian Inspectors to Make Surveillance Flight Over Greece
02:44 04/02/2013Russian military inspectors will begin on Monday a surveillance flight above Greece under the international Open Skies Treaty, a spokesman for the Russian Defense Ministry said.
Cyprus May Trigger New Eurozone Crisis – Kudrin
13:59 28/01/2013Debt-laden Cyprus, which has yet to secure bailout funds from international creditors, may spark a new flare-up of the debt crisis in Europe, Russia’s former finance minister Alexei Kudrin warned on Monday.
IMF Approves $4.3 Bln. Loan Tranche for Greece
03:28 17/01/2013The International Monetary Fund (IMF) said on Wednesday it had approved a loan installment of 3.24 billion ($4.3 billion) for Greece.
Space Hopes Flicker for Sochi Flame
12:15 14/01/2013The chief organizer of the Sochi 2014 Winter Games on Monday revived the possibility of the Olympic flame journeying into space.
Greece To Restore Economic Order – Greek PM
16:02 08/01/2013Greek Prime Minister Antonis Samaras exuded confidence during a visit to Berlin on Tuesday, claiming his country will do everything possible to restore financial order and investor confidence in the economy.1
Greece Mulls Life Sentence for Heavily-Armed Robbers
03:27 08/01/2013Robbers armed with Russian-designed Kalashnikov assault rifles or similar military-type assault weapons may soon face up to life in prison under new legislation drafted by the Greek Ministry of Justice, Greece’s Ethos newspaper reported.
Russia, Greece Agree Step Toward Visa Free Regime
19:48 18/12/2012Russia and Greece on Tuesday signed a protocol to the EU-Russia Readmission Agreement, a key step in the establishment of a visa free regime between the EU and Russia.
Greece Completes Border Fence with Turkey
05:46 17/12/2012Greece has finished construction of a fence along the 12.5-km (8-mile) stretch of its land border with Turkey to curb illegal migration, the Athens News Agency (ANA) said citing company-contractor of the project.
Eurogroup Approves $64 Bln Greek Bailout Payment
16:38 13/12/2012Eurozone finance ministers approved a 49.1 billion-euro ($64 billion) rescue package for Greece at their meeting on Thursday, to keep Athens' debt-saddled economy afloat.
S&P Cuts Greek Rating to ‘Selective Default’
17:24 06/12/2012Standard & Poor’s has cut Greece’s 'CCC' long-term and 'C' short-term sovereign credit ratings to 'SD' (selective default) following the Greek government’s offer to buy back its debt at a steep discount, the international rating agency announced on Thursday.
Greece Launches Bond Buyback Plan
18:42 03/12/2012Greece said on Monday it would spend up to 10 billion euros ($13 billion) to buy back its outstanding bonds at a steep discount, in a bid to cut debt and unlock much-needed bailout aid.
German Parliament Approves Greek Debt Deal
18:25 30/11/2012The German Bundestag approved on Friday the latest rescue package for Greece amid growing fears over that country's eurozone future.1
Greece to Spend New Loans on Debt Buyback
13:15 27/11/2012Greece will use fresh loans for debt buyback at discounted prices, Greek Finance Minister Yannis Stournaras said on Tuesday after eurozone finance ministers and the IMF reached a deal on a much-needed bailout for the country.
EC Chief Pens Haiku During Talks
12:40 27/11/2012In the midst of talks over the Greek financial crisis European Council President Herman Van Rompuy turned to haiku.
Greece to Get another Tranche of Financial Aid Next Month
06:51 27/11/2012Eurozone finance ministers said in a statement on Tuesday that the next tranche of financial aid for crisis-hit Greece will be disbursed next month.
Two Greek Church Officials Suspected of Tax Evasion - paper
14:23 26/11/2012The Greek finance ministry’s economic crimes department is probing the bank accounts of two top officials of the Greek Orthodox Church in a tax evasion investigation, the Ethnos newspaper reported on Monday.
ECB and IMF Propose New Greek Debt Plan
18:37 25/11/2012The European Central Bank (ECB) and the International Monetary Fund (IMF) have proposed a radical new sovereign debt restructuring plan for Greece, the second such plan in a year, German daily Der Spiegel's online paper said on Sunday.2
Greek Police Bust Open Olympia Museum Heist
14:57 24/11/2012Police in Greece announced the arrest of three people involved in a high-profile robbery at the Archaeological Museum of Olympia, a RIA Novosti correspondent reported from Athens.