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Greece

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Fire razes mastic gum trees on Chios

Nearly 13,000 hectares of arable land and forested areas, including hundreds of valuable mastic trees, have been razed by a wildfire that burned into its third day on Chios.

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Greek debt rises to 303 bn euros

Central government debt reached 303.53 billion euros as of June 30, rising by 23.2 billion from March 31, finance ministry data showed.

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OTE sees tough times ahead

OTE expects the economic downturn to impact its second-half performance after cost-cutting drove a 68 per cent jump in second-quarter profit.

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Samaras to seek bailout extension

Prime Minister Antonis Samaras will hold his first meetings with eurozone leaders to assure them he will honour a pledge for more austerity and ask for an extension.

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August exodus from Athens more subdued than usual

Fewer ferry sailings than usual have been scheduled for the normally busy period around August 15, a public holiday in Greece.

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Tunisian man dies after attack in Thessaloniki

A 25-year-old Tunisian man died after being attacked in Thessaloniki on Tuesday.

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Spending moratorium in place

Government has placed priority on ensuring it can pay salaries and pensions in coming months

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Race to sell large debtors

Greece’s privatizations authority (TAIPED) reported to have reached agreement for the liquidation of two of the country’s most indebted state-owned enterprises.

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Greece, Cyprus, Israel to talk gas

A meeting between officials of Greece, Cyprus and Israel is being lined so they can agree on transporting natural gas from the Southeastern Mediterranean to the European market.

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Nursery schools, kindergartens face lack of funding

More than 50,000 children might not be able to attend nursery schools and kindergartens run by local authorities due to a lack of funds.

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