Athens’ storied Odeon of Herodes Atticus, the iconicancient  open-air theater beneath the Acropolis, has closed its gates for at least three years as a crucial preservation project begins.

The new tax measures provide “breathing room” for households, but additional interventions are needed to address the country’s demographic problem, according to the Financial Stability Report presented yesterday by the Governor of the Bank of Greece, Yannis Stournaras.

Greece’s islands, long the much-coveted crown jewels of Mediterranean tourism, are facing a sobering question: how much success can they sustain?

Kimberly Guilfoyle is expected in Greece at the end of the month to officially assume duties as US ambassador and has already given her first interview in Greek.