Greece to Restrict Cruise Visits as Islands Struggle With Tourist Crowds New York Times (September 8) With the treasures of its history, the beauty of its islands and the golden sands of its beaches, Greece offers tourists many reasons to visit. But a seemingly endless influx in recent years has caused headaches at some of its most popular destinations. So this weekend, its prime minister proposed an array of measures aimed at curbing some effects of the growing crowds. read more
Video: Rising from the depths, a Greek village’s long-drowned ruins speak of drought amid global warming Associated Press (September 6) Amid a climate change-linked drought that’s hit much of southern Europe, reserves at the artificial Mornos Lake, the biggest of the four reservoirs supplying drinking water to Athens, are at their lowest in 16 years. read more
An ethnic Greek politician and EU lawmaker is released on probation in Albania Associated Press (September 2) A former ethnic Greek mayor of an Albanian town, whose imprisonment on vote-buying charges has strained Albanian-Greek ties, has been released on probation, his office and a lawyer said Monday. Fredis Beleris was freed after a court in Fier, 100 kilometers (60 miles) south of the capital, Tirana, where he was serving a two-year sentence, accepted his request for early release, lawyer Eugen Gjyzari said. read more
Greece Is Said to Tap More Advisers on National Bank Stake Sale Bloomberg (September 11) Greece has lined up more investment banks to help arrange a share sale in National Bank of Greece, according to people familiar with the matter, as the government looks to reduce its stake in the country’s lenders. The state’s Hellenic Financial Stability Fund — a bank recapitalization tool established at the start of Greece’s bailout programs — has added Bank of America Corp., Citigroup Inc. and Deutsche Bank AG to assist with a deal, the people said. Meanwhile, Goldman Sachs Group Inc. and Morgan Stanley are working with National Bank of Greece on the preparations, they said. read more
Imposing Greece defeats Ireland in Dublin Ekathimerini (September 10) Greece had an imposing performance in Dublin on Tuesday and saw off host Ireland 2-0 for Day 2 of the UEFA Nations League, both goals coming in the second half.The Greeks appeared more composed in Dublin than they had done three nights earlier in Piraeus against Finland, with fewer problems in defense and more possession in midfield. Goalkeeper Odysseas Vlachodimos was hardly busy throughout the game, except for a 41st-minute goal that was correctly disallowed as offside. read more |