Greece’s Euroleague representatives are following diametrically opposite roads, with Panathinaikos securing another home victory, over Villeurbanne on Firday while Olympiakos lost at Zenit St Petersburg on Thursday.
Greece secured its first credit rating upgrade of this year as Fitch Ratings announced late on Friday it has raised Greece’s rating from “BB-“ to “BB” and its rating outlook from “stable” to “positive”.
The increase in the minimum wage introduced by the previous government last February has not had a negative impact on employment, Alpha Bank said in a report.
In what was seen as an attempt at diplomatic grandstanding, Turkey on Friday said it does not exclude the possibility of resolving its differences with Greece at the International Court of Justice at The Hague while at the same time berating Athens for refusing Ankara’s invitations to restart exploratory talks.
Expectations of an upgrade by Fitch Ratings on Friday night resulted in a fresh buying spree at the Greek bourse during the day, with the benchmark up 1 percent to a new 61-month high.
Greek seismologists sought to reassure the public on Friday of the risks of a powerful earthquake in neighboring Turkey affecting seismic activity in Greece.
Turkey's emergency management agency says an earthquake with a preliminary magnitude of 6.8 has shaken the country's east. The earthquake struck the near the town of Sivrice in eastern Elazig province, the Disaster and Emergency Management Presidency said.
Condor Airlines, the German low-cost carrier that flies to 15 Greek airports from spring to fall, has been acquired by the Polish Aviation Group (PGL), which is the owner of LOT Polish Airlines, PGL announced on Friday.
Turkish President Recep Tayyip Erdogan on Friday urged international pressure to force the head of Libya’s eastern-based forces to abide by a tentative truce and said Turkey was determined to continue supporting Libya’s UN-backed government.
Europe speaks many languages, but the language of global power is not one of them. Worse than political misfortune, this is historical carelessness, to paraphrase Oscar Wilde.