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Greek authorities said it was too soon to speculate on the total number. Greek authorities said it remained unclear how many the vessel was carrying when it went under, and that 104 people had been rescued by midday. We do not know how many people were in the hold," Greek coast guard spokesperson Nikos Alexiou told Greece's MEGA TV. [1/4] Rescuers transfer a migrant to an ambulance following a rescue operation after their boat capsized at open sea, in Kalamata, Greece, June 14, 2023. Italian authorities then alerted Greece to the vessel's presence, and the Greek coast guard approached it and offered help.

Persons: Kyriakos Mitsotakis, Nikos Alexiou, Greece's, Filippo Grandi, Stelios, Mitsotakis, Stamos Prousalis, Karolina Tagaris, Lefteris Papadimas, Renee Maltezou, Gabrielle Tetrault, Farber, John Stonestreet, Mark Heinrich Our Organizations: European Union, ERT, Twitter, Greece's MEGA, Refugees, REUTERS, EU, Frontex, NATO, Wednesday, United Nations, Reuters, Thomson Locations: KALAMATA, Greece, East, Asia, Africa, Turkey, Italy, Libyan, Tobruk, Crete, Europe, Kalamata, Pylos, capsizing, Egypt, Syria, Pakistan, Athens, Libya, EU, Europe's, Geneva, Reuters Libya

☆ Exclusive: -Olympics-Paris 2024 Olympics flame to be lit on April 16, 2024-source
▼ + stars: | 2023-06-08 | by ( Karolos Grohmann | ) www.reuters.com time to read: +1 min

PARIS, June 8 (Reuters) - The Paris 2024 Olympic Games flame will be lit on April 16 next year, marking the countdown to the July 26-Aug. 11 games in the French capital, an Olympic movement source said on Thursday. Following a brief domestic relay in Greece the flame is then handed over to the host city. Paris organisers have said they will use a three-masted ship the 'Belem' to take it the port city of Marseille, where the sailing competitions of the Olympics will take place. Usually the flame, held in a safety lantern, is flown by plane to the Olympic Games host city. Paris 2024 organisers have been planning to install the Olympic flame on the Eiffel Tower, according to sources.

Persons: Karolos Grohmann, Jon Boyle, Toby Davis Organizations: Olympic Games, Eiffel, Thomson Locations: Olympia, Athens, France, Greece, Paris, Belem, Marseille, Phocaea

☆ Archeologists made a game-changing discovery at Greece's oldest dig site where ancient humans used to roam 700,000 years ago
▼ + stars: | 2023-06-04 | by ( Nicholas Paphitis | Associated Press | ) www.businessinsider.com time to read: +5 min

Archeologists discovered simple stone tools that date back an estimated 700,000 years. The discovery was made at Greece's oldest site where ancient humans were thought to exist. The Greek site was one of five investigated in the Megalopolis area during a five-year project involving an international team of experts, a Culture Ministry statement said. This skull from a member of the deer family was also discovered at the dig site Megalopolis, southern Greece. These stone tools, discovered at the dig site Megalopolis, southern Greece, date back about 700,000 years ago.

Persons: —, Panagiotis Karkanas, Eleni Panagopoulou, Katerina Harvati, Homo antecessor, antecessor, directorss, Nikos Efstratiou, Efstratiou, Megalopolis Organizations: Service, Ministry, Greek Culture Ministry, American School of Classical Studies, Athens, University of Tübingen, Associated Press, Greece's University of Thessaloniki Locations: ATHENS, Greece, Europe, Spain, Germany, Megalopolis, Mycenae, Olympia, Pylos

☆ Tsitsipas, Alcaraz soar at French Open, Djokovic row simmers
▼ + stars: | 2023-05-31 | by ( Shrivathsa Sridhar | ) www.reuters.com time to read: +5 min

Unlike after his opening match on Monday, however, there was no message on the camera lens the Serbian signed and the 22-times Grand Slam champion looked to draw a line under the issue. Djokovic missed last year's Australian Open and was deported from the country due to being unvaccinated for COVID. He won the Melbourne title this year despite a row that erupted after his father posed with some fans holding Russian flags. "A drama-free Grand Slam, I don't think it can happen for me," Djokovic added. Anna Blinkova dashed French hopes with a stunning 4-6 6-3 7-5 victory over fifth seed Caroline Garcia, wrapping up victory on her ninth match point.

Persons: Roland Garros, Stefanos Tsitsipas, Spain's Roberto Carballes Baena, Benoit Tessier, Alcaraz, Djokovic, Garcia, Tsitsipas, Carlos Alcaraz, Novak Djokovic, Jiri Vesely, Roberto Carballes Baena, Japan's Taro Daniel, Denis Shapovalov, Ismet Krasniqi, Amelie Oudea, Castera, Elina Svitolina, Australian Storm Hunter, Svitolina, Sabalenka, Iryna Shymanovich, Marta Kostyuk, I've, Jelena Ostapenko, Peyton Stearns, Barbora, Lesia Tsurenko, Swiatek, Suzanne Lenglen, Jessica Pegula, Camila Giorgi, Anna Blinkova, Caroline Garcia, Kokkinakis, Stan Wawrinka, Andrey Rublev, Corentin, Shrivathsa Sridhar, Toby Davis, Ed Osmond Organizations: Spain's Roberto Carballes Baena REUTERS, Tennis Federation, Serbian, Marton, COVID, Melbourne, Kosovo Olympic, International Olympic Committee, Kosovo's Olympic, International Tennis Federation, Australian Storm, Thomson Locations: Paris, France, Kosovo, PARIS, Serbia, Marton Fucsovics, Serbian, Ukrainian, Ukraine

☆ Political stability, reforms and Covid recovery fund behind Greece's growth, analyst says
▼ + stars: | 2023-05-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPolitical stability, reforms and Covid recovery fund behind Greece's growth, analyst saysWolfango Piccoli, co-president at Teneo, discusses the Greek election and the country's economic outlook.

A new electoral system means New Democracy fell just shy of an absolute majority, paving the way for coalition talks this week though a second vote in June is more likely. Prime Minister Kyriakos Mitsotakis emerged stronger despite a wiretapping scandal, the COVID pandemic, a cost of living crisis and a deadly rail crash in February which triggered public outrage. "I think what Syriza missed was the willingness of the electorate to move away from the crisis politics era. That is what Mitsotakis understood whereas Syriza didn't," said Wolfango Piccoli, co-president of political risk advisory at Teneo. Another leftist party, MeRA25, led by Varoufakis, used a similarly cryptic slogan "Alliance for the Rupture".

☆ Greek elections: Ruling conservatives take lead but fail to secure majority
▼ + stars: | 2023-05-22 | by ( Elinda Labropoulou | ) edition.cnn.com time to read: +6 min

If he fails to form a coalition, a caretaker government will be sworn in and a second vote will take place in late June or early July. “Neither of the two main parties are new to the scene. The turmoil, which one political party referred to as “Greek Watergate,” forced a number of high-profile departures. The most likely scenario is that a caretaker government will be sworn in and a second vote will take place, most likely, in early July. They are expected to rally behind the main parties in a second election where they will want to see a strong government emerge.

☆ Greek conservatives win parliamentary election
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +1 min

[1/6] Supporters of New Democracy conservative party react at the party's main election kiosk after the announcement of the first exit polls, in Athens, Greece, May 21, 2023. REUTERS/Alkis KonstantinidisATHENS, May 21 (Reuters) - Greece's conservative New Democracy party achieved a crushing victory in a national election on Sunday, official results showed. New Democracy had a lead of 40.8% of the vote based on 94.3% of the votes counted versus 20.1% for the leftist Syriza party, but fell just short of the threshold needed to form a government on its own. Following are the official results released by the Interior Ministry. Source: Interior Ministry data, with 94.3% of votes countedND: Conservative New Democracy party, leader Kyriakos MitsotakisSyriza: Leftist coalition party, leader Alexis TsiprasPASOK: Socialist party, leader Nikos AndroulakisKKE: Communist party, leader Dimitris KoutsoumbasEL: Right-wing Elliniki Lysi (Hellenic Solution), leader Kyriakos VelopoulosReporting By Athens BureauOur Standards: The Thomson Reuters Trust Principles.

☆ Greek conservatives lead in national election-exit poll
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +1 min

[1/4] Supporters of New Democracy conservative party react at the party's main election kiosk after the announcement of the first exit polls, in Athens, Greece, May 21, 2023. REUTERS/Alkis KonstantinidisATHENS, May 21 (Reuters) - Greek conservatives were leading over the leftist Syriza in elections on Sunday, a joint exit poll by six polling agencies showed. The exit poll gave the conservative New Democracy party between 36-40% of the vote versus 25-29% for the leftist Syriza party, which governed the country in 2015-2019, at the peak of Greece's financial crisis. The projections suggested that New Democracy was not likely to win outright. EXIT POLLExit poll conducted by: ALCO, Marc, Metron Analysis, MRB Hellas, Pulse and GPO* ND: Conservative party, leader PM Kyriakos MitsotakisSyriza: Leftist party, leader Alexis TsiprasPASOK: Socialist party, leader Nikos AndroulakisKKE: Communist party, leader Dimitris KoutsoumbasMera25: Leftist party, leader Yanis VaroufakisEL: Right-wing Elliniki Lysi (Hellenic Solution), leader Kyriakos VelopoulosPlefsi Eleftherias, leftist party, leader Zoe ConstantopoulouReporting by Athens newsroomOur Standards: The Thomson Reuters Trust Principles.

☆ Greek PM Mitsotakis says has won decisive mandate to govern
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: 1 min

ATHENS, May 21 (Reuters) - Greek Prime Minister Kyriakos Mitsotakis claimed victory in a parliamentary election on Sunday, saying he had a mandate to form a strong autonomous government. Early official results indicated on Sunday that Mitsotakis' conservative New Democracy party was set for a big win in Greece's election, but was short of the majority needed to form a one-party government. "The ballot results are decisive. They show that New Democracy has the approval of the people to rule, strong and autonomous," Mitsotakis said. Reporting by Renee MaltezouOur Standards: The Thomson Reuters Trust Principles.

☆ Greece's ruling Conservatives win parliamentary vote
▼ + stars: | 2023-05-21 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsGreece's ruling Conservatives win parliamentary votePostedGreece's ruling New Democracy party stormed to a crushing victory in a parliamentary election on Sunday but without enough seats to form a government. This report produced by Chris Dignam.

☆ Greece’s election rivals cast their votes
▼ + stars: | 2023-05-21 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsGreece’s election rivals cast their votesPostedGreece's Prime Minister Kyriakos Mitsotakis and main opposition party leader Syriza party Alexis Tsipras cast their vote on Sunday (May 21) as the country went to the polls in a general election unlikely to produce a clear winner.

☆ Greece's ruling Conservatives win vote but fall short of majority
▼ + stars: | 2023-05-21 | by ( ) www.cnbc.com time to read: +2 min

Greece's ruling New Democracy party stormed to a crushing victory in a parliamentary election on Sunday but fell just short of the threshold needed to form a government on its own. Greece's interior ministry projected that New Democracy could win 145 seats in parliament, six short of an absolute majority. On Monday, Greek President Katerina Sakellaropoulou will give the top three parties — New Democracy, Syriza and the Socialist PASOK — three days each in turn to form a coalition government. Prime Minister and New Democracy leader Kyriakos Mitsotakis said he believed he was given a clear mandate. Tsipras telephoned Mitsotakis to congratulate him on his win, a Syriza official said.

☆ Take Five: More drama on the horizon
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +5 min

LONDON, May 19 (Reuters) - There's no shortage of events, data and high drama for markets in the days ahead. 1/ USA WATCHCritical U.S. inflation data will allow investors to gauge whether the Federal Reserve will be able to pause its interest rate hiking cycle, as many on Wall Street expect. The personal consumption expenditures (PCE) price index, tracked by the Fed, is due on Friday for April. That was the smallest rise since July and, with the consumer price index slowing in April to below 5% on annual basis, hope for peak rates has grown. Yet this narrative could lose steam if Wednesday's April inflation data shows price rises are moderating.

☆ Masked men working with Greek authorities stole refugees' belongings before dumping them in the middle of the sea: New York Times
▼ + stars: | 2023-05-19 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

Refugees told the NYT that men sent by Greek authorities robbed them and abandoned them at sea. Greek authorities did not respond to the new investigation from the New York Times. The group was eventually rescued by Turkish authorities and are now in a Turkish detention center while they wait to find out if they'll be granted asylum. Greek authorities did not respond to multiple requests for comment from The New York Times. "We didn't expect to survive on that day," Naima Hassan Aden, a 27-year-old from Somalia, told the Times.

☆ As Greek elections loom, parties vie for votes of 'lost generation'
▼ + stars: | 2023-05-17 | by ( Karolina Tagaris | ) www.reuters.com time to read: +5 min

"What I imagined at 18 is a long way away from what I'm living at 28," the physics student said. "I don't know how we cannot be called a lost generation. "Pension income is a fiscal problem," said Vlassis Missios, an economist at the Greek Centre of Planning and Economic Research. For many young Greeks, finding suitable work is tough. "Even if they can't win the votes of the young people, they don't want to have them as opponents.

☆ Burundi-born ex-police officer seeks to be Greece's first Black lawmaker
▼ + stars: | 2023-05-16 | by ( Karolina Tagaris | ) www.reuters.com time to read: +3 min

[1/6] Conservative New Democracy party candidate Spiros Richard Hagabimana arrives for an election campaign event at the neighbourhood of Nikaia, near Athens, Greece, May 12, 2023. REUTERS/Louiza VradiSALAMINA, Greece, May 16 (Reuters) - In working-class neighbourhoods on the outskirts of Athens, Spiros Richard Hagabimana is going door-to-door in an election campaign that could see him become Greece's first Black lawmaker. Dressed in a suit and tie, Hagabimana walks the streets of the constituency he is contesting in Greece's May 21 election, meeting voters in farmers' markets and cafes. 'I WOULD HAVE BEEN FINISHED'Hagabimana first arrived in Greece in 1991 on a scholarship to study at the Naval Academy. Hagabimana, then a National Police officer, refused orders to suppress demonstrators and was jailed and beaten, he said.

☆ How to explore Greece's lesser-known islands like a local
▼ + stars: | 2023-05-12 | by ( Karen Gilchrist | Morgan Awyong | ) www.cnbc.com time to read: +9 min

But now it wants tourists to get to know lesser-known locations across its thousands of sprawling islands. Currently, Germany and the U.K. represent Greece's largest inbound tourism markets by revenue, followed by the United States, France and Italy. An eco-paradise surrounded by 24 islets, Lipsi forms part of the Dodecanese island collection in the southeastern Aegean Sea. Alonissos, SporadesDivers' delight Alonissos, part of the Sporades group of islands, is a diver's paradise and the site of Greece's first underwater museum. Alonissos, part of the Sporades archipelago in the northwest Aegean Sea, is known for its diving spots, including Greece's first underwater museum, the "Parthenon of the Wrecks."

☆ Piraeus Bank posts higher Q1 profit on strong net interest income
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +1 min

ATHENS, May 5 (Reuters) - Piraeus Bank (BOPr.AT), Greece's third-largest lender by market value, reported higher quarterly net earnings on Friday on strong net interest income. The bank, which is 27% owned by the country's HFSF bank rescue fund, reported net earnings of 180 million euros ($198.7 million) in the first three months of the year, compared with a profit of 170 million euros in the last quarter of 2022. Net interest income in the first quarter rose to 420 million euros from 407 million euros in the fourth quarter, benefiting from the favorable interest rate environment. The bank lifted its earnings per share target to about 0.55 euros this year from a previous estimate of 0.45 euros. Piraeus CEO Christos Megalou said in a press release that the bank had also upgraded its target for return over tangible book to 12%.

☆ Alpha Bank to sell bad loan portfolio to Fortress and Davidson Kempner
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: 1 min

ATHENS, May 5 (Reuters) - Alpha Bank ACBr.AT, one of Greece's four largest lenders, said on Friday it signed a binding agreement to sell a 650 million euro ($717.34 million) portfolio of corporate bad loans to Fortress and Davidson Kempner. The transaction, named project Hermes, is expected to reduce Alpha Bank's non-performing exposures (NPE) ratio by 10 basis points, it said. The deal is expected to be completed within May. ($1 = 0.9061 euros)Reporting by Lefteris PapadimasOur Standards: The Thomson Reuters Trust Principles.

☆ Dominant Sabalenka ends Sakkari's run to reach Madrid final
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +1 min

[1/3] Tennis - Madrid Open - Park Manzanares, Madrid, Spain - May 4, 2023 Belarus' Aryna Sabalenka celebrates winning her semi final match against Greece's Maria Sakkari REUTERS/Juan MedinaMay 4 (Reuters) - World number two Aryna Sabalenka brushed past Maria Sakkari 6-4 6-1 in the semi-finals of the Madrid Open on Thursday to set up a potential second straight final showdown with top ranked Iga Swiatek. Sabalenka and Sakkari's ninth meeting on tour and first on clay ended with the 24-year-old Belarusian extending her win-loss record over the Greek ninth seed to 6-3. Sabalenka, who was champion in Madrid in 2021, stayed on track for her second title of the season in style after winning the Australian Open in January. She won an impressive 70.7% of her first serve points and saved five of six break points while sending down four aces against Sakkari. The Belarusian will next face the winner of Swiatek or Russian Veronika Kudermetova in Saturday's final.

Even gaining qualifications in Italy didn't help Abhishek, a 26-year-old migrant from India who got a master's degree in mechanical engineering at Turin's Polytechnic University last year. Italy, which is also contending with an exodus of skilled nationals to stronger economies, needs qualified immigrants to fill growing skilled labour shortages, many economists say. In 2023, work permits will be granted to around 83,000 non-EU migrants, according to government data, less than a third of the 277,000 who applied for them. Barbera at Turin University said the lack of migrants in skilled professions has become entrenched and hard to reverse. "Migrants in Italy have virtually no access to the middle class," he said.

☆ Enel close to Greek renewables stake sale to Macquarie -sources
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +1 min

ATHENS, April 27 (Reuters) - Italy's Enel (ENEI.MI) is expected to finalise by May a deal for the sale of around a 50% stake in its Greek renewables unit to Australia-based Macquarie Group (MQG.AX), two sources close to the matter said on Thursday. Enel said in November it was looking for a partner willing to buy part of Enel Green Power Hellas and invest in its development. "The talks with Macquarie for a stake of about 50% are seen concluding in the coming days," one of the sources told Reuters. Macquarie, which holds a 49% stake in Greece's sole power grid operator HEDNO, declined to immediately comment. Under the strategy presented by CEO Francesco Starace in November, Enel decided to exit Romania, Peru and Argentina and to partner with investors in some countries or specific businesses.

☆ Alcaraz embracing the expectations at Madrid Open
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: +1 min

[1/2] Tennis - ATP 500 - Barcelona Open - Real Club de Tenis, Barcelona, Spain - April 23, 2023 Spain's Carlos Alcaraz celebrates with the trophy after winning the Barcelona Open in the final match against Greece's Stefanos Tsitsipas REUTERS/Nacho DoceApril 26 (Reuters) - Spaniard Carlos Alcaraz rode home support to the Barcelona title on Sunday and knows fans will accept nothing less than victory at this week's Madrid Open but the world number two says he is happy to shoulder the expectations of his compatriots. Alcaraz will aim to become only the second player after Rafa Nadal to successfully defend the title in Madrid, but failure to do so will not bring him down. "Every tournament we go to, we think we can win it and we're going to try and win it. But if we don't, it's not a failure for me," Alcaraz said. Alcaraz, who has a 23-2 record this year, will face Emil Ruusuvuori or Ugo Humbert in his opening match.

☆ Alcaraz beats Tsitsipas to clinch back-to-back Barcelona titles
▼ + stars: | 2023-04-23 | by ( ) www.reuters.com time to read: +2 min

[1/8] Tennis - ATP 500 - Barcelona Open - Real Club de Tenis, Barcelona, Spain - April 23, 2023 Spain's Carlos Alcaraz celebrates with the trophy after winning the Barcelona Open in the final match against Greece's Stefanos Tsitsipas REUTERS/Nacho DoceBARCELONA, Spain, April 23 (Reuters) - World number two Carlos Alcaraz beat Stefanos Tsitsipas 6-3 6-4 to win the Barcelona Open on Sunday and clinch his third ATP Tour title of the year and the ninth overall for the 19-year-old. The Spanish teenager beat world number five and second seed Tsitsipas with the same ease that he dispatched every other opponent in Barcelona this week. It was the perfect moment to do it and I'm super happy to have delivered it in outstanding fashion," Alcaraz told TVE. Tsitsipas managed to break Alcaraz in the third game, but the Spaniard hit right back and got another break before closing out the first-set in 38 minutes. Alcaraz was even more aggressive in the second set as he attacked relentlessly and broke Tsitsipas's serve in the fifth game.

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