Latest Greece News

A general view of the city of Athens with the ancient Acropolis hill on the background, Tuesday Jan. 28, 2020. Greece has launched an auction for a 15-year bond, aimed at taking advantage of low interest rates and a recent sovereign credit rating upgrade. (AP Photo/Petros Giannakouris)

Greece says landmark 15-year bond auction successful

Jan. 28, 2020 2:03 PM EST

ATHENS, Greece (AP) — Greece raised 2.5 billion euros ($2.75 billion) in a 15-year bond auction on Tuesday at a low interest rate, as the country borrowed beyond the scope of a bailout-repayment relief plan for the first time. The Public Debt Management Agency said the yield was 1.88% — below a...

Magnitude 5.2 quake strikes off Greek island of Karpathos

Jan. 28, 2020 11:57 AM EST

ATHENS, Greece (AP) — An undersea earthquake with preliminary magnitude 5.2 occurred Tuesday off the Aegean Sea island of Karpathos, Greek authorities said. There were no immediate reports of injuries or damage. The University of Athens' Geodynamic Institute said the quake struck at 5:38 p.m. (1538 GMT)...

Migrants stand outside their makeshift tents outside the perimeter of the overcrowded Moria refugee camp on the northeastern Aegean island of Lesbos, Greece, Tuesday, Jan. 28, 2020. Greece has been the first point of entry into the European Union for hundreds of thousands of people fleeing war or poverty at home, with most arriving on eastern Aegean islands from nearby Turkey. (AP Photo/Aggelos Barai)

Europe's asylum agency signs deal on boosting Greek presence

Jan. 28, 2020 10:03 AM EST

ATHENS, Greece (AP) — Europe's asylum agency signed a deal with Greece Tuesday that will help expand its operations in the country, which is struggling to process asylum requests amid high migrant arrivals and overcrowding in island camps. The European Asylum Support Office said in a statement that the...

Greece ex-captain Zagorakis expelled from political group

Jan. 28, 2020 8:27 AM EST

ATHENS, Greece (AP) — Former Greece football captain Theo Zagorakis has been expelled from the country's conservative group of European Parliament members following a public dispute over his former club team PAOK. Zagorakis, 48, captained Greece to its 2004 European Championship triumph and ended his...

Members of the Presidential Guard perform during of the changing of the guards ceremony at the tomb of the unknown soldier in central Athens, on Tuesday, Jan. 21, 2020. (AP Photo/Petros Giannakouris)

Greece plans 15-year bond issue to improve debt outlook

Jan. 27, 2020 9:41 AM EST

ATHENS, Greece (AP) — Greece says it plans to issue a 15-year bond, tapping international markets for financing after the country's sovereign credit rating was upgraded. The Public Debt Management Agency, in a statement on Monday named five banks that would be involved in the auction, which is expected as...

Greece: 14 injured in suspected migrant smuggling car crash

Jan. 27, 2020 6:21 AM EST

THESSALONIKI, Greece (AP) — A car carrying Syrians crashed early Monday in northern Greece, police said, injuring all 14 people in the vehicle that is believed to have crossed the border clandestinely . Police said the car had been travelling along an old highway in northern Greece toward the...

Greek police report seizure of nearly 1.2 tons of cocaine

Jan. 25, 2020 3:38 PM EST

ATHENS, Greece (AP) — Greek police say they seized nearly 1.2 tons of cocaine and arrested 8 alleged members of an international drug trafficking gang. Almost all of the cocaine, 1.18 tons, was found during a Friday afternoon raid at a house in the western Greek port of Astakos, police spokesman Theodoros...

Rescue workers search on a collapsed building after a 6.8 earthquake struck Sivrice town in Elazig in eastern Turkey, Friday, Jan. 24, 2020. An earthquake with a preliminary magnitude of 6.8 rocked eastern Turkey on Friday, causing some buildings to collapse and killing at least 14 people, Turkish officials said.(IHA via AP)

At least 18 dead, hundreds hurt as quake hits eastern Turkey

Jan. 24, 2020 8:17 PM EST

ANKARA, Turkey (AP) — A 6.8-magnitude earthquake rocked a sparsely-populated part of eastern Turkey on Friday, killing at least 18 people, injuring more than 500 and leaving some 30 trapped in the wreckage of toppled buildings, Turkish officials said. Rescue teams from neighboring provinces were dispatched...

Fitch upgrades Greek credit rating by 1 notch to BB

Jan. 24, 2020 6:51 PM EST

ATHENS, Greece (AP) — Fitch ratings agency on Friday raised Greece's credit rating by one notch to BB with a positive outlook, implying that a further upgrade could come in the future. The country emerged from a ten-year financial crisis in 2018, and its credit is still rated between two and four notches...

Germany's Chancellor Angela Merkel, left, shakes hands wit Turkey's President Recep Tayyip Erdogan, right, following their joint news conference after their meeting in Istanbul, Friday, Jan. 24, 2020. Merkel met Erdogan for talks that are expected to focus on the future of a migration deal between Turkey and the EU that helped decrease refugee flows to Europe.(AP Photo/Emrah Gurel)

Erdogan urges international pressure on Libya's Hifter

Jan. 24, 2020 1:03 PM EST

ISTANBUL (AP) — 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 U.N.-backed government. Erdogan made the comments following meetings in...