Friday, July 19, 2013

Germany's Merkel suggests 2nd Greek debt writedown could undo work to stabilize euro area

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.

Wrestling gets boost from Olympic birthplace in bid to restore sport at games

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.

Merkel Rules Out Second Writedown in Greece as Too Risky

German Chancellor Angela Merkel rejected a second Greek debt writedown as officials weigh additional measures to prop up the bailed-out nation. 

Germany offers Greece further financial lifeline

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. 

Tourists return to Greece's summer resorts, in boost for economy

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.

Greek current account swings to surplus in May

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

Thursday, July 18, 2013

6 Tips That Will Get You the Best Food in Greece

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.