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  • ATHENS/ SHANGHAI, Feb 5- China's COSCO is expected to make an offer for Greece's rail network after becoming the sole bidder for the country's largest port, two people familiar with the matter said, as the state owned shipping giant forges ahead with a plan to build a European transhipment hub. Bolstered by December's merger with China Shipping Group, COSCO's...

  • For debt-hobbled, unemployment-plagued Greece, it's a nightmare. Unions are up in arms about the move, which has become the main hurdle in Greece's negotiations with its European creditors and the International Monetary Fund. The head of Greece's bar associations, Vassilios Alexandris, said the new system would reduce some lawyers' net incomes to as little as...

  • ATHENS, Greece— Tens of thousands joined anti-government protests in Athens Thursday as Greece was crippled by a general strike against a bailout-related overhaul of the country's ailing pension system. Unions are angry at pension reforms that are part of Greece's third international bailout. Thursday's general strike is the most significant the...

  • ATHENS, Feb 3- International lenders were locked in talks with Greece in a crucial first assessment of compliance with bailout terms on Wednesday, the eve of a national strike called to protest at pension reforms mandated by the deal. Greece must introduce a raft of pension reforms to win a positive assessment from lenders of its level of adherence to conditions...

  • Greek journalists strike as part of anti-bailout action Wednesday, 3 Feb 2016 | 4:35 AM ET

    ATHENS, Greece— Greek journalists walked off the job Wednesday ahead of a general strike set to disrupt services across the country to protest pension reforms that are part of the country's third international bailout. The media strike pulled all news broadcasts off the airwaves and left news websites without updates, while no Thursday newspapers would be...

  • ATHENS, Feb 1- Greece's international lenders began reviewing on Monday its progress in implementing reforms set out in a multi-billion euro bailout deal to assess whether it has done enough to secure debt relief in future. Cash-strapped Greece is facing challenges on various fronts as it struggles to win public approval to overhaul the pension system and...

  • *Closer Israel ties with Cyprus, Greece alarm Palestinians. JERUSALEM, Feb 1- Israel, Cyprus and Greece have agreed to deepen their energy, security and tourism ties in the Eastern Mediterranean, a deal that may have implications for Israel's testy relationship with the European Union, too. The agreement, signed in Nicosia last week by a beaming Prime Minister...

  • Representatives from Greece's European creditors and the International Monetary Fund began talks in Athens with Greek officials. In return for money from the country's third bailout, which was agreed last summer and is worth around 80 billion euros, Greece's left-led government has to meet a series of conditions, from reducing spending to enacting...

  • ATHENS, Greece— The Greek government enters a new round of talks with its creditors, skeptical about the depth and efficacy of its pension reform plans, facing protests over those plans from a broad spectrum of professions. Talks with the quartet of creditors— the European Commission, the European Central Bank, the European Stability Mechanism and the...

  • ATHENS, Greece— Greek ferries were tied up in port for a third day Friday after seamen extended a two-day strike for a further 48 hours, while farmers continued temporary highway blockages to protest the left-led government's planned pension reforms. They also announced the closure of Greece's northern border crossing with Bulgaria to trucks, saying only...

  • ATHENS, Jan 29- Greece's central bank chief told the Financial Times on Friday he expects the country's economy to return to growth in the second half of this year and that the risk of Grexit, or leaving the euro zone, is no longer in question. He also said the migrant crisis could prove costly to Greece. More than 800,000 refugees and migrants fleeing Syria,...

  • Greek journalists join strikes against pension reforms Thursday, 28 Jan 2016 | 4:02 AM ET

    ATHENS, Greece— Protests against the Greek leftwing government's planned pension reforms expanded Thursday, as farmers clashed with riot police in the city of Thessaloniki, a journalists' strike pulled news bulletins off air and island ferries remained tied up in port. Greece's agriculture minister had been due to inaugurate the fair but was forced to cancel.

  • Costamare beats 4Q profit forecasts Wednesday, 27 Jan 2016 | 7:53 PM ET

    ATHENS, Greece _ Costamare Inc. on Wednesday reported fourth-quarter profit of $38.3 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share. Costamare shares have declined 35 percent since the beginning of the year.

  • UPDATE 2-EU gives Greece warning to fix border "neglect" Wednesday, 27 Jan 2016 | 10:06 AM ET

    *European Commission report step to seal Greece off from Schengen. BRUSSELS, Jan 27- The EU executive concluded on Wednesday that Greece could face more border controls with other states of the free-travel Schengen zone in May if it does not fix "serious deficiencies" in its management of the area's external frontier. EU countries have been increasingly...

  • Greek protests paralyze ports, streets markets Wednesday, 27 Jan 2016 | 7:56 AM ET

    ATHENS, Greece— A growing wave of strikes and protests against a planned overhaul of the pension system in Greece has halted services at the country's ports for two days, while popular neighborhood farmers' markets were canceled. On Wednesday, farmers continued tractor blockades of highways around the country, while striking street market vendors drew large...

  • ATHENS, Jan 26- Greek Prime Minister Alexis Tsipras launched a vocal defence of plans to overhaul the country's pensions system on Tuesday as public unrest simmered over cutbacks that are a condition for the indebted country to receive more international aid. To pay pensions in 2016, the social security system- apart from contributions and state funding- will...

  • ATHENS, Jan 26- Farmers vowed to step up protests, nurses took to the streets and sailors prepared to strike as anger simmered in Greece on Tuesday over further pension cutbacks that are a condition for the indebted country to receive more international aid. Amid rallies and protests across the country, Greece's politicians were scheduled to launch...

  • Protests escalate against Greek pension reform Tuesday, 26 Jan 2016 | 6:56 AM ET

    ATHENS, Greece— Greece's leftwing prime minister defended his unpopular pension reform plans Tuesday, pledging to avoid new cuts, as protests against the creditor-demanded measures escalated. He insisted that the reforms will see no new reductions in core pensions— which have been repeatedly slashed since the start of Greece's financial crisis.

  • *Austria and Sweden say Greece could be excluded from Schengen. AMSTERDAM, Jan 25- European Union interior ministers urged Greece on Monday to do more to control the influx of migrants, some threatening to have it excluded from the continent's prized passport-free travel zone as the crisis increasingly divides bloc members. Greece was the main gateway to...

  • LONDON/ MILAN, Jan 25- European shares fell on Monday, with oil and gas companies losing ground as an oil price rally fizzled out and steep falls in Spanish and Italian lenders hitting banking stocks. The pan-European FTSEurofirst 300 index, which rose 3 percent on Friday to mark its first weekly gain for 2016, slipped 0.7 percent by 1523 GMT. The euro zone's...