German Chancellor Angela Merkel is warning that a second debt writedown
for Greece could undo much of the recent work done to stabilize the
euro area.
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AP
Wrestlers participating in an international tournament have been
granted rare access to compete at the birthplace of the ancient Olympics
in southern Greece as part of a campaign to keep the sport from being
dropped after the 2016 Games.
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AP
German Chancellor Angela Merkel
rejected a second Greek debt writedown as officials weigh
additional measures to prop up the bailed-out nation.
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Bloomberg
For many Greeks, German Finance Minister Wolfgang Schäuble is the face
of austerity and harsh economic measures. But this time, he visited
Athens bearing a promise of 500 million euros.
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dw
Foreign tourists are returning
to Greece's sun-drenched islands and ancient temples, central
bank data showed on Friday, boosting hopes that the key sector
may help the crisis-hit country pull itself out of a severe
economic recession.
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Reuters
Greece's current account balance
swung a small surplus in May, helped by a narrower trade gap and
higher tourism receipts, the Bank of Greece said on
Friday.
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Reuters
So it is officially summer in Greece and that means tourist season.
Athens, the islands and Greece in general are filled with visitors, and
if you are one of them, here are six tips to help you get the best food
experience.
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Huffington Post
As Greek lawmakers prepared to vote on a package of new austerity
measures, Prime Minister Antonis Samaras said Wednesday that the
country’s lenders had agreed to a major concession, a sharp reduction in
the sales tax on restaurant meals.
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The New York Times
On a quick visit here amid tight security just a few hours after Greek
lawmakers narrowly approved a new barrage of austerity measures,
Germany’s finance minister on Thursday backed Greece’s efforts to revive
its battered economy, saying the German government could provide
financing for Greek businesses but ruling out a restructuring of the
country’s huge debt burden.
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The New York Times
The parliament in Greece has narrowly approved a public sector reform bill that will see thousands of people lose their jobs.
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BBC
The European competition authorities will take Greece to court because
the government has failed to get back millions of euros in illegal state
aid, the European Commission said in a statement Wednesday.
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WSJ
Greeks should stop lobbying for more debt relief, Germany's finance
minister said on a visit to Athens on Thursday that forced a lockdown
of the city center and a ban on protests against the deeply unpopular
champion of austerity.
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Reuters
On a visit to Greece on Thursday (18.07.13), German Finance Minister
Wolfgang Schäuble said Athens has little choice but to press ahead with
reforms. Greek journalist Anthee Carassava sent this postcard from
Athens.
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dw
Greece's shaky coalition government scraped through a vote on Wednesday
on a bill to sack public sector workers as thousands chanting
anti-austerity slogans protested outside parliament.
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cnbc
Pakistani taxi
driver Muhammad Zafeer says he has to look over his shoulder when he
goes to pray in Athens, where racist attackers have targeted several of
the many makeshift mosques set up in cramped garages or dingy
warehouses.
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Reuters
Greece's Ionian Islands were where "the blue
really begins" as far as writer Lawrence Durrell was concerned. Durrell
had the mots justes, as always. Like legions of travellers and tourists
before and after, he revelled in the intensities of light and colour
that Corfu and its sister islands reflect from the mirrors of sea and
sky.
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Independent
More than three years into Greece’s depression-level crisis, the
economy is still shrinking, but less quickly. Unemployment is still
rising, but not as fast. The country’s leaders have proclaimed light at
the end of a very long tunnel. And on a blooming preserve in northern
Athens, dozens of unemployed professionals are learning how to farm, a
skill they say will serve them well in good times and bad.
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Washington Post
A new pipeline to bring gas to Europe from the Caspian Sea will go
through Greece and then under the sea to Italy, it was confirmed Friday,
a defeat for a rival project to bring gas through Bulgaria and into
Austria.
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AP
The multi-billion euro EU initiative to counter the continent's youth
unemployment crisis is but a drop in the ocean. It is up to the member
states to find a solution, says DW's Christoph Hasselbach.
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dw