Almost 40 people drowned and 75 were rescued after a boat carrying migrants to Greece sank off Turkey's western coast on Saturday, according to local officials and the Turkish Dogan news agency.
More than one million refugees
Greece's biggest oil refiner Hellenic Petroleum agreed on Friday to buy crude oil from the National Iranian Oil Company (NIOC), the first European refiner to restart trade relations with Iran after the lifting of international sanctions.
Dubai-based Emirates today unveiled plans to boost capacity to Athens with the addition of a second daily flight to the Greek capital from March 1, taking the total weekly flights serving Athens to 14.
The flight will be linked to the e
Greece's privatisation agency said on Sunday it signed a €400 million ($434.3 million) deal with Jermyn Street Real Estate Fund to sell Astir Palace, a luxury seaside resort outside Athens.
Greece's top administrative
Eighteen people died and 14 were rescued late on Friday after a boat carrying migrants trying to sail to Greece sank off the southern Turkish town of Bodrum, Dogan News Agency reported.
Fishermen hearing the migrants' screams
Moroccans, Iranians and Pakistanis on Greece’s northern border with Macedonia blocked rail traffic and demanded passage to western Europe, stranded by a policy of filtering migrants in the Balkans that has raised human rights concerns.
Dubai Maritime City Authority (DMCA), the government authority charged with regulating Dubai’s maritime sector, recently highlighted the competitive advantages of emirate’s maritime sector to ship owners in Greece.
Greece's top Supreme Court judge was sworn in as caretaker prime minister on Thursday to lead the country to elections next month, ending a week of political deadlock after leftist leader Alexis Tsipras resigned.
Euro zone finance ministers agreed on Friday to lend Greece up to €86 billion ($96 billion) after Greek lawmakers accepted their stiff conditions despite a revolt by supporters of leftist Prime Minister Alexis Tsipras.
The International Monetary Fund on Thursday pressed Europe to come forward with debt relief for Greece, saying it would only make a decision on providing further financing for Athens after steps are taken to make its debt burden more sustainab