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United Kingdom

Greece

No room at the inn: Central Europe student housing crunch attracts investors

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WROCLAW, Poland Wroclaw's hulking Soviet-era public dormitories held little appeal for Odysseas Savvas when he moved to the Polish city from Greece to study business at university. Instead, he opted for his own room and bathroom in a newly built private residence.

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Ancient shipwrecks found in Greek waters tell tale of trade routes 11 Oct 2018

FOURNI, Greece Archaeologists in Greece have discovered at least 58 shipwrecks, many laden with antiquities, in what they say may be the largest concentration of ancient wrecks ever found in the Aegean and possibly the whole of the Mediterranean. | Video

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Greek bank shares hit by external factors, central bank chief says 10 Oct 2018

ATHENS A drop in Greek bank shares was caused by external factors, not the health of the country's banks, the governor of the Bank of Greece said on Wednesday.

Greek bank shares slide again, infected by 'Italian virus' 08 Oct 2018

ATHENS Greek bank shares came under renewed selling pressure on Monday as a rout in Italy's bond market eroded appetite for riskier euro zone assets.

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Greece working on bank bad-loan asset protection scheme - bankers 04 Oct 2018

ATHENS Greece is working on an asset protection scheme to help its banks offload soured loans, and shared the details with EU competition authorities and banking supervisors, bankers and government officials said on Thursday.

End of Greek cash withdrawal limits credit positive for its banks - Moody's 04 Oct 2018

ATHENS A move by Greece to lift restrictions on cash withdrawals from domestic bank accounts and a further easing of capital controls are credit positive for its banks, ratings agency Moody's said on Thursday.

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No risk of default, Italy's Savona says as he pushes EU reform 03 Oct 2018

STRASBOURG There is "no chance" of Italy defaulting on its debts and the country is very different from Greece, Italy's minister for European affairs was quoted on Wednesday as telling EU lawmakers.

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Piraeus Bank says debt plan on track as shares drop 30 percent 03 Oct 2018

ATHENS Piraeus Bank said plans to issue debt to bolster its capital were on track on Wednesday as Greece's largest lender by assets faced a near 30 percent share price fall.

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Greece eases capital controls, ends restrictions on cash withdrawals 27 Sep 2018

ATHENS Greece will end restrictions on cash withdrawals from domestic bank accounts and increase the amount of money that can be transferred abroad as part of measures to ease capital controls imposed three years ago, the government said on Thursday.

Greece uses high-tech drones to fight tax evasion in holiday hot spots 24 Sep 2018

ATHENS Greece are using drones to buzz over boats running day trips on the Aegean at the start of a new effort aimed at cracking down on rampant tax evasion at holiday hotspots.