Greek tourism industry heads towards new record arrivals in 2015

August 29, 2015 by · Comments Off on Greek tourism industry heads towards new record arrivals in 2015 

By Maria Spiliopoulou

ATHENS, Aug. 27 (PNA/Xinhua) — Greece's tourism industry, traditionally one of the main pillars of the economy, was heading towards a new record in arrivals of visitors this year, according to the latest data of the Association of Greek Tourism Enterprises (SETE).

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Mediterranean Sea crossings exceed 300,000 this year: UN refugee agency

August 29, 2015 by · Comments Off on Mediterranean Sea crossings exceed 300,000 this year: UN refugee agency 

GENEVA, Aug. 28 — The UN Refugee Agency UNHCR on Friday said the number of refugees and migrants crossing the Mediterranean this year has now exceeded 300,000, including almost 200,000 people landing in Greece and 110,000 in Italy.

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Greece and creditors agree on third financial aid package at technical level — EC

August 12, 2015 by · Comments Off on Greece and creditors agree on third financial aid package at technical level — EC 

BRUSSELS, Aug. 11 — International creditors and the Government of Greece have reached an agreement on the 3rd financial aid package provided to Athens at the technical level, a representative of the European Commission (EC) said on Tuesday.

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PHL stocks rally closer to 7,500-mark

July 14, 2015 by · Comments Off on PHL stocks rally closer to 7,500-mark 

MANILA, July 13 — Local share prices rallied along with other Asian markets and regained the 7,500 mark on Monday on hopes for a deal for Greece and recovery of china.

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Peso sustains sideways close vs. USD

July 14, 2015 by · Comments Off on Peso sustains sideways close vs. USD 

MANILA, July 13 – – The peso ended the week's first day of trading sideways to a dollar at 45.16 from last Friday's 45.12 as investors remain on watch on developments in Greece.

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Grexit now belongs to past: Greek PM

July 14, 2015 by · Comments Off on Grexit now belongs to past: Greek PM 

ATHENS, July 13 — The bailout agreement the eurozone summit reached with Greece in Brussels on Monday will be difficult to implement, but Grexit scenarios now belong to the past, Greek Prime Minister Alexis Tsipras said when exiting the marathon talks.

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Tokyo stocks open lower on strong yen, Greece unease

July 3, 2015 by · Comments Off on Tokyo stocks open lower on strong yen, Greece unease 

TOKYO, July 3 — Tokyo stocks opened slightly lower in early trading Friday as the yen's firmer and concerns over Greece's bailout referendum dented market sentiment.

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Roundup: Cypriot banks not in danger of contagion from possible Greek banking crisis

July 3, 2015 by · Comments Off on Roundup: Cypriot banks not in danger of contagion from possible Greek banking crisis 

NICOSIA, July 3 — Cyprus' authorities offered a strong assurance on Thursday that the restructured banks of the eastern Mediterranean island are not in risk of contagion from a crisis in the Greek banking system.

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Greece fails to repay its USD 1.8-B debt to global financial regulator — IMF

July 1, 2015 by · Comments Off on Greece fails to repay its USD 1.8-B debt to global financial regulator — IMF 

WASHINGTON, July 1 — The International Monetary Fund (IMF) announced that Greece failed to repay its 1.6 billion euro debt (USD 1.78 billion) to the global financial regulator as the deadline expired on June 30 at 6 p.m. Washington time (22:00 GMT).

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Grexit won't affect Albania — IMF

July 1, 2015 by · Comments Off on Grexit won't affect Albania — IMF 

TIRANA, July 1 — The head of the International Monetary Fund (IMF) delegation to Albania on Tuesday declared that the Albanian economy is immune to a possible bankruptcy of Greece.

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