The European Central Bank on Thursday lowered the cap on emergency liquidity assistance (ELA) Greek banks draw from the Bank of Greece by 4.4 billion euros to 52.8 billion euros, following a request by the central lender.
Greek channel Alpha TV on Thursday filed a suit against Greek-Russian entrepreneur Ivan Savvidis, accusing him of fraud, in connection to a competition for four broadcasting licenses which concluded last Friday, after a long bidding procedure which took place behind closed doors.
Greece's unemployment rate dropped to 23.4 percent in June, compared to 24.9 percent in June 2015, the Hellenic Statistical Authority, ELSTAT, announced on Thursday.
Adventure tourism is the next big thing, according to Greek Alternate Tourism Minister Elena Kountoura, who added that tapping into new markets will take Greece one step closer to achieving the goals set for the next year.
The increase in value-added tax (VAT) on Greek islands has not paid off, according to comparative data examining VAT revenues at 20 island destinations, including the country’s two largest islands Crete and Evia, tabled in parliament last week.
Greece is beginning to attract the interest of major chains for the construction of new hotels and the investment in new accommodation enterprises.
The mayor of Lesvos asked for the transfer of a large number of refugees and migrants from the island to mainland Greece, warning that conditions in the centers are “particularly worrying and dangerous”, in an urgent letter to the Alternate Minister for Migration Policy Yiannis Mouzalas on Tuesday.
Reports that the head of a supervisory board for Greece's new privatisation agency has already been chosen or that the members nominated by the Greek side were rejected "do not reflect reality," sources within the Greek finance ministry said on Tuesday.
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis called on Prime Minister Alexis Tsipras to resign if he cannot respond to his responsibilities.
Europe must not be trapped in a state of inertia but instead respond to the needs of its citizens by tackling first the economic crisis with policies boosting growth and employment, Prime Minister Alexis Tsipras told the European Council President Donald Tusk in a call on Tuesday.
Three people are dead in Messinia and a person is missing in Thessaloniki, is so far the toll of the severe weather disaster affecting the country and according to forecasts will continue.
The Greek division of Doctors of the World (MdM-Greece) urged the government on Monday to resolve the issue of unaccompanied minors who are held at Moria’s detention center in Lesvos.
The ultimate sports experience comes for a second consecutive year in one of the most significant touristic destinations in the world, in Santorini, on Oct 7-9 2016.
A meeting was held on Monday between General Secretary for News and Communications Lefteris Kretsos and representatives of the four television channels that submitted winning bids for licences to broadcast general content nationwide.