Greece News

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Greek Debt Talks Said to Stumble on Bailout Loans Extension

Euro-area finance ministers meet Thursday in BrusselsGermany, IMF disagree on scope, terms of debt relief measures

BLOOMBERG - 2018-05-24 13:54:30

Plastic Killed Most Sperm Whales Found Dead in Greek Waters Since 2001

One juvenile male found off the coast Mykonos swallowed more than a hundred items of plastic, including single-useplastic bags. One of the bags came from a shop in Thessaloniki, a city 500 miles away.

ECOWATCH.COM - 2018-05-24 12:45:33

Migrants block northern Greek highway in 2nd day of protests

THESSALONIKI, Greece –Some 250 asylum-seekers have blocked a busy northern Greek highway, in a second day of protests against overcrowding and poor conditions in the nearby camp they are housed in.

FOXNEWS - 2018-05-24 11:52:12

Greece shares lower at close of trade; Athens General Composite unchanged

In commodities trading, Gold Futures for June delivery was up 1.16% or 15.00 to $1304.60 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.90% or 0.65 to hit $71.19 a barrel, while the July Brent oil contract fell 0.76% or 0.61 to trade at $79.19 a barrel.

INVESTING.COM - 2018-05-24 00:00:00

CFPB wins $21 mln default judgment from Maryland debt relief firm

In a decision on Tuesday, U.S. District Judge George Russell also permanently banned the company, Federal Debt Assistance Association (FDAA), and its owners from offering debt relief or credit repair services in the future.

REUTERS - 2018-05-23 22:07:48

Bloomberg: New Jersey governor set to sign nuclear bailout bill

New Jersey Gov. Murphy plans to sign legislation torescue three struggling nuclear power plantsrun by Exelon (NYSE:EXC) and Public Service Enterprise Group (NYSE:PEG), a move expected to cost ~$300M/year, Bloomberg reports.

SEEKINGALPHA.COM - 2018-05-23 13:06:14

Greece: 3 convicted in videotaped beating of mayor

THESSALONIKI, Greece –Three men have been convicted over the videotaped assault of the mayor of Greece's second-largest city, which had touched off a heated political debate over public order.

FOXNEWS - 2018-05-23 06:27:10

Greece minister pledges to resolve Eldorado standoff over metallurgy plant

Eldorado Gold (EGO+14.7%) soars after Greece's energy minister says the governmentaims to resolvethe long standoff with the miner over its development plans in the coming weeks.EGO received a favorable ruling from arbitrators last month on its planned metallurgy plant in Greece but said it was still


Far-Right Mob Attacks And Hospitalizes 75-Year-Old Greek Mayor

A mob of far-right nationalists attacked the 75-year-old mayor of Thessaloniki, Greece, on Saturday, leaving him hospitalized after he was beaten and thrown to the ground.Mayor Yiannis Boutaris was attending a ceremony honoring Greeks killed in World War I when around a dozen ultra-nationalists also


Greek mayor attacked by far-right protesters - Jewish Telegraphic Agency

Two people were arrested in the attack on Thessaloniki Mayor Yiannis Boutaris, police said on Sunday. Police are looking for more suspects, the Associated Press reported. The Greek government blamed the beating on “extreme-right thugs.”


Macedonia's prime minister cleared on bribery charge

The case erupted in 2015 when a video emerged allegedly showing Zaev demanding a bribe of around 160,000 euros ($188,000) from a local businessman over a land deal with the local authority.


4 charged in Greece over attack on Thessaloniki mayor

THESSALONIKI, Greece –Greek authorities have charged four men over a weekend mob attack on the 75-year-old mayor of the country's second-largest city, carried out in an apparent venting of nationalist sentiment.


Argentina starts IMF bailout negotiations

With Argentina on the brink of a financial crisis, the IMF has formallybegunbailout negotiations, without any objection from the Trump administration.


A marathon 10 years after bailout, RBS is still struggling to the finish line of privatisation

In the depths of the financial crisis then prime minister Gordon Brown and chancellor Alistair Darling convened a hasty press conference at 10 Downing Street.It was early on Oct 8 2008 and global markets were gripped by panic.The flow of cash between banks seized up and the Government had been force


Greek police arrest 2 in mob beating of Thessaloniki's mayor

THESSALONIKI, Greece –Police in Greece's second-largest city say they have arrested two people as suspects in an attack that left the mayor of Thessaloniki hospitalized.About a dozen people set upon Mayor Yiannis Boutaris at a Saturday ceremony honoring Greek victims of purges by the Turks during Wo


Macedonia's main opposition party rejects proposal for new country name

SKOPJE (Reuters) - Macedonia's main opposition party, the nationalist VMRO-DPMNE, said it was against changing the country's name to Republic of Ilinden Macedonia, undermining prospects for a solution of a decades-long dispute with Greece. FILE PHOTO: A person walks near a sign that reads "welcome


Thessaloniki mayor Yiannis Boutaris beaten up

The mayor of Greece's second-largest city Thessaloniki has been treated in hospital after being beaten up by about a dozen people, officials say. Yiannis Boutaris, 75, was kicked in the head and legs and beaten with bottles by a group of nationalists angry over his appearance at a remembrance event.


EU Commission says lenders reach deal with Greece on reforms

The Commission said Greece would present the reforms at a meeting of euro zone finance ministers, known as Eurogroup, on May 24 and would implement the reforms ahead of another meeting on June 21, without giving further details.


Greece Moves Closer to Bailout Exit After Deal With Creditors

Government officials and representatives from theInternational Monetary Fundand euro-area creditor institutions completed a week of discussions in Athens on Saturday. Greek Finance Minister Euclid Tsakalotos said reaching a technical deal to conclude the fourth bailout review, the so-called staff le


Macedonian PM says agreement on new name reached with Greece

SKOPJE, Macedonia –The prime minister of Macedonia says his administration and the Greek government have agreed on a new name for his country to solve the decades-long name dispute between Skopje and Athens.Macedonian Prime Minister Zoran Zaev said Saturday that "Republic of Ilindenska Macedonia" is