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Greek Sakkari was ready to swap racket for track spikes

(Reuters) – Greek tennis player Maria Sakkari says she was so desperate for competition during the COVID-19 shutdown that she considered running in the 100m at the national athletics championships. The 25-year-old is seeded third at the WTA’s Palermo Ladies Op... More »

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Bond investors wait for more headlines on EU recovery fund

AMSTERDAM (Reuters) – Euro zone bond yields held their ground on Thursday with investors’ main focus expected to be any new developments on the European Union’s recovery fund, which aims to help the region’s economy recover from the coronavirus crisis. Hopes a... More »

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Greece, Italy to sign accord on maritime zones

ATHENS (Reuters) – Greece and Italy will sign an agreement on maritime boundaries during a visit by Italy’s foreign minister to Athens on Tuesday, the Greek Foreign Affairs Ministry said. The deal follows months of tensions in the Eastern Mediterranean region ... More »

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Help in coronavirus crisis should come from European level: ECB

FRANKFURT (Reuters) – Help to euro zone members struggling under the weight of the coronavirus crisis should come from the European level, European Central Bank board member atold Greek newspaper To Vima in an interview. “This is not just a question of Europea... More »

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Europe’s north-south lockdown divide revealed by Google data

BERLIN (Reuters) – Italy and Spain, the two European countries hardest hit by the new coronavirus, have enforced the most drastic lockdowns to curb the pandemic but one country, Sweden, stands out for allowing life to go on much as before, Google data show. An... More »

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IOC to start discussions on possible Tokyo 2020 postponement

ATHENS (Reuters) – The International Olympic Committee is stepping up its “scenario planning” for the Tokyo 2020 Games — including a possible postponement — as the coronavirus pandemic spreads, it said after an emergency meeting on Sunday. The IOC will hold di... More »

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Olympic flame arrives in Japan amid worries over coronavirus impact

HIGASHIMATSUSHIMA, Japan (Reuters) – A plane carrying the Olympic torch from Greece arrived on Friday on Japan’s northwestern coast ravaged by a 2011 tsunami, but the welcome ceremony will have no spectators, amid worries the Games could be cancelled over the ... More »

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Olympic cauldron in Japan ignited with flame from Greece

HIGASHIMATSUSHIMA, Japan (Reuters) – An Olympic cauldron was ignited on Friday in Japan with a flame carried from Greece ahead of the Tokyo 2020 Games, amid concerns that a coronavirus pandemic could disrupt the event planned this summer. “We will do our utmos... More »

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Olympic flame arrives at Japan ahead of Tokyo 2020 Games: Kyodo

TOKYO (Reuters) – The aircraft carrying the Olympic flame arrived at Japan Air Self-Defence Force’s Matsushima base, Kyodo news agency said on Friday, as concerns growth whether the Games will go ahead as planned this summer amid the coronavirus pandemic. The ... More »

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ECB to print 1 trillion euro this year to stem coronavirus rout

FRANKFURT (Reuters) – The European Central Bank launched 750 billion euro emergency bond purchase scheme in a bid to stop a pandemic-induced financial rout from shredding the euro zone’s economy and raising fresh concerns about the currency bloc’s viability. W... More »

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Greece says Marbles’ return not linked to Brexit talks

ATHENS (Reuters) – Greece distanced itself on Wednesday from suggestions that it planned to drag a centuries-old dispute over the return of the Parthenon marbles into Brexit negotiations. Government spokesman Stelios Petsas said Athens would keep up its campai... More »

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Robots, clocks and computers: How Ancient Greeks got there first

ATHENS (Reuters) – A humanoid figure dressed as a maid holds a jug in its right hand and, as hidden gears click and whirr, lifts it and pours wine into a cup a bystander has placed into the palm of its left. The robot is a recreation of the automatic servant o... More »

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No phones, no leaks: How Lagarde is making her mark on ECB

FRANKFURT (Reuters) – Gathered in a German mountain castle last November for an evening retreat that ended with a whiskey-tasting, rebel European Central Bank policymakers and Christine Lagarde, their newly confirmed president, made a pact. Lagarde pledged to ... More »

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Love your clothes and pass them on, says Vogue supremo Wintour

ATHENS (Reuters) – Clothes should be cherished, re-worn and even passed on to the next generation, Anna Wintour, the influential editor of Vogue magazine said, calling for more sustainability in the fashion world and less of a throwaway culture. In an intervie... More »

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Turkey starts repatriation of captured Islamic State militants

ANKARA (Reuters) – Turkey said on Monday it had deported two Islamic State militants — a German and an American — beginning a programme to repatriate fighters that has caused friction with its NATO allies since it launched an offensive in northern Syria. Allie... More »

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Director Costa-Gavras honored in Venice

VENICE, Italy (Reuters) – Greek-born French director Costa-Gavras has been recognized for his “particularly original contribution to innovation in contemporary cinema” at the Venice Film Festival, where the Oscar winner also presented his new movie about the G... More »

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Iran tanker heads to Greece after release, Iran warns U.S against…

DUBAI (Reuters) – An Iranian tanker sailed through the Mediterranean toward Greece on Monday after it was released from detention off Gibraltar, and Tehran said that any at U.S. move to seize the vessel again would have “heavy consequences”. The Grace 1, renam... More »

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Euro zone bond yields off lows, German fiscal plans in focus

LONDON (Reuters) – Bond yields in the euro zone were off record low levels on Monday, as a calmer tone settled in world markets and focus turned to the prospect of fiscal stimulus in Germany. Germany has the fiscal strength to counter any future economic crisi... More »

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Iran warns U.S. against seizing released Iranian oil tanker

DUBAI (Reuters) – Iran has warned the United States against any new attempt to seize an Iranian oil tanker in open seas after it left Gibraltar, the Iranian Foreign Ministry spokesman said on state television on Monday. The Iranian tanker caught in a standoff ... More »

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Floods hit western Greece days after deadly storm killed 7

ATHENS (Reuters) – Authorities evacuated dozens of citizens from flooded homes in western Greece on Sunday, a few days after seven people were killed by a violent storm in the north of the country. Such severe storms are unusual in Greece, where summers are us... More »

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Greek Conservatives take charge in landslide win, vow more…

ATHENS (Reuters) – Greece’s opposition conservatives returned to power with a landslide victory in snap elections on Sunday, and Prime Minister elect Kyriakos Mitsotakis said he had a clear mandate for change, pledging more investments and fewer taxes. The win... More »

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Euro zone factory activity contracted for fifth month in June: PMI

LONDON (Reuters) – Factory activity in the euro zone shrank faster last month than previously thought in a broad-based downturn, according to a survey on Monday that suggested there would be no quick turnaround. The downbeat data will likely add to calls for t... More »

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Greek conservatives tipped to oust leftists in early election

ATHENS (Reuters) – Greece’s opposition conservatives are expected to ride a wave of anger over continuing austerity measures to seize power from Prime Minister Alexis Tsipras’s leftists in next Sunday’s election. The country is heading for elections three mont... More »

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U.S. judge rejects Greece bid to dismiss Sotheby’s lawsuit over…

NEW YORK (Reuters) – A U.S. judge on Friday rejected Greece’s effort to dismiss an unusual lawsuit in which Sotheby’s and the owners of an ancient Greek bronze horse sued the country, seeking court permission to put the statue on the auction block. U.S. Distri... More »

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Athens painter turns blockbusters into motion picture art

ATHENS (Reuters) – Greek artist Virginia Axioti’s work is seen by thousands of people every week, but none of it is digital. As the designer of hand-painted billboards that hang over the entrance to Athens’ Athinaion cinema advertising the newest film, she can... More »

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U.S. prepares to end Iran oil waivers, triggering price spike

WASHINGTON/SINGAPORE (Reuters) – The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent jump in crude prices to their ... More »

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Greece to strike deal this weekend to repay IMF early: official

WASHINGTON (Reuters) – Greece is looking to strike a deal this weekend to repay early about half of the loans it received from the International Monetary Fund, in a bid to lower the euro zone member’s burden of debt servicing, a senior official said on Friday.... More »

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Hedge funds hunt for shipping debt in new market push

(Corrects Feb. 20 story to remove incorrect reference to sale of loans by Varde and Oakhill) By Jonathan Saul and Maiya Keidan LONDON (Reuters) – A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking... More »

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Greek minister caught taking a puff tells EU official to butt out

ATHENS (Reuters) – Greece’s deputy health minister has told the European Union’s top health official to butt out after getting a reprimand for smoking in public. Deputy minister Pavlos Polakis was caught on video footage this week holding a cigarette while dan... More »

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Trade deal optimism lifts European shares as exporters rally

MILAN (Reuters) – European shares rose on Wednesday driven by the export-oriented autos and tech sectors as optimism grew that the United States and China could avoid a full-blown trade war that would further brake a slowing global economy. The pan-European ST... More »

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Djokovic, Federer, Serena remain favorites to win opening Grand Slam

MELBOURNE (Reuters) – Novak Djokovic and Roger Federer loom over Melbourne Park for the year’s opening Grand Slam as favorites for the Australian Open as questions remain as to whether one of Generation Next could finally end their stranglehold. The Serbian wo... More »

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Australian police investigate suspicious packages sent to…

MELBOURNE (Reuters) – Police in Australia are investigating suspicious packages sent to a wide range of embassies and consulates on Wednesday, which officials said included the U.S. and British missions in Melbourne, but there were no reports of harm to staff.... More »

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Costume drama ‘The Favourite’ leads BAFTA awards nominations

LONDON (Reuters) – “The Favourite” led the nominations for the British Academy of Film and Television Arts (BAFTA) awards on Wednesday, with 12 nods for the costume drama that has already won its leading actress Olivia Colman critical acclaim and several prize... More »

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Greece’s Varoufakis to run in European election – in Germany

BERLIN (Reuters) – Former Greek finance minister Yanis Varoufakis, who was outspoken in his criticism of the austerity policies championed by Berlin at the height of the euro zone’s debt crisis, is to stand in European elections next year – in Germany. The Dem... More »

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‘Oldest known extract’ of Homer’s Odyssey discovered in Greece

ATHENS (Reuters) – Archaeologists in Greece have discovered what they believe to be the oldest known extract of Homer’s epic poem “The Odyssey”. A team of Greek and German researchers found it on an engraved clay plaque in Ancient Olympia, the birthplace of th... More »

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China backs European integration, Li says before summit with…

SOFIA (Reuters) – China backs EU integration and wants to use a weekend summit with central and eastern Europe to boost cooperation with the region, not undermine the 28 member bloc, Chinese Premier Li Keqiang said on Friday. Li is visiting Bulgaria, where sta... More »

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Euro zone June factory growth slips to weakest in 18 months

Euro zone factory growth slowed to an 18-month low in June, slipping for the sixth month in a row amid widespread concerns about trade barriers and their impact on overall economic activity, a survey showed on Monday. IHS Markit’s June final manufacturing Purc... More »

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Merkel: after successful bailouts, euro zone needs reform

BERLIN (Reuters) – German Chancellor Angela Merkel said on Thursday that further euro zone reform was needed to nip possible future crises in the bud, after aid programs to some member states had been successful. Addressing parliament before heading to an EU l... More »

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Greece wants Parthenon Marbles back, Tsipras tells May

ATHENS (Reuters) – Greece wants the Parthenon Marbles back from the British Museum, Prime Minister Alexis Tsipras said in London on Tuesday, trying to reinvigorate a longstanding campaign for the 2,500-year-old treasures. British diplomat Lord Elgin removed th... More »

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Sting blasts leaders as ‘cowards’ over migration crisis

ATHENS (Reuters) – British singer and actor Sting called world leaders “half men and cowards” on Saturday for their inability to solve the refugee crisis. German Chancellor Angela Merkel has already played down expectations of a breakthrough at hastily-arrange... More »

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Net exports help Greek economic recovery gain traction in first…

ATHENS (Reuters) – Greece’s economy grew for a fifth straight quarter in January-to-March and at a faster pace than in the previous three months, helped by stronger exports, the statistics service (ELSTAT) said on Monday. Seasonally adjusted data showed gross ... More »

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Highlights of Merkel interview on Europe

BERLIN (Reuters) – German Chancellor Angela Merkel gave her most detailed response to French President Emmanuel Macron’s proposal to reform the euro zone in an interview with the Frankfurter Allgemeine Sonntagszeitung newspaper published on Sunday. The followi... More »

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Euro zone not facing new debt crisis: EU’s Juncker

BERLIN (Reuters) – There is no threat of a new sovereign debt crisis in the euro zone despite an anti-establishment coalition government taking power in Italy, European Commission President Jean-Claude Juncker said in remarks published on Saturday. Asked by th... More »

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Germany’s Merkel ready to work with new Italian government

LISBON (Reuters) – German Chancellor Angela Merkel said on Thursday she would communicate with a new Italian government in an “open-minded way” amid political turbulence in Rome that has stirred fears of another euro zone crisis. She spoke in Lisbon after talk... More »

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Italy’s crisis could become a disaster, warns Germany’s DIHK

BERLIN (Reuters) – Political turmoil in Italy, the euro zone’s third largest economy, could hit economic growth in Germany and affect the whole euro zone, the Berlin-based DIHK Chambers of Industry and Commerce said on Wednesday. The likelihood of snap Italian... More »

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Greek gunboat on patrol nudged by Turkish cargo vessel: Navy

ATHENS (Reuters) – A Greek gunboat was nudged by a Turkish cargo vessel early on Friday while on patrol for unauthorized migrant crossings in the Aegean Sea, the Greek navy said. The gunboat “Armatolos” was on patrol off the island of Lesbos as part of a NATO ... More »

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Euro zone banks continue to work off bad debt: ECB

FRANKFURT (Reuters) – Euro zone banks continued to cut their pile of soured debt in the final quarter of last year, European Central Bank data showed on Monday, working away on a key legacy of the bloc’s debt crisis which has weighed on growth and bank profits... More »

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Nadal thrashes Goffin to set up Barca final with teenager Tsitsipas

BARCELONA (Reuters) – Rafael Nadal breezed into the Barcelona Open final with a 6-4 6-0 victory over David Goffin on Saturday to chalk up his 18th successive win on clay and 400th overall on the surface. World number one Nadal will meet Greek teenager Stefanos... More »

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France’s Macron says euro zone must agree on solidarity mechanisms

BERLIN (Reuters) – French President Emmanuel Macron said on Thursday that euro zone member states should add solidarity mechanisms such as a banking union to the existing instruments meant to improve competitiveness if they want the bloc to thrive. “No monetar... More »

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European funds buy bonds, see euro growth cycle peak: Reuters poll

LONDON (Reuters) – European investors have raised their bond allocations in March while keeping their equity exposure at six-month lows, in a month marked by a sharp tech sector selloff and brewing trade tensions that threatened to dent world economic growth. ... More »

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Turkish chefs savor sweet success with world record baklava

ANKARA (Reuters) – A group of chefs in Turkey claimed a world record for the largest baklava on Thursday with a giant tray of the pastry dessert weighing over half a ton. The giant baklava was presented at a “Gastronomy Summit” in Ankara, where dozens of visit... More »

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German utilities overhaul supports European stocks

The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, March 12, 2018. REUTERS/Staff/Remote MILAN (Reuters) – European shares hit their highest level in almost two weeks on Monday, boosted by gains among German utilities ... More »

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Italian bond yields jump as euroskeptic parties surge in election

LONDON (Reuters) – Investors dumped Italy’s government bonds on Monday and rushed to buy high-grade equivalents such as German Bunds after the weekend Italian election saw a surge in support for anti-establishment parties, led by the 5-Star Movement. Italy fac... More »

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Markets clear German hurdle, Italy up next

Traders work at Frankfurt’s stock exchange in Frankfurt, Germany, February 6, 2018. Picture taken with a fisheye lens. REUTERS/Ralph Orlowski LONDON (Reuters) – The revival of Germany’s grand coalition should aid stability and keep the euro zone’s plans for ti... More »

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Deutsche Bank drags European shares into worst week since August

The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, February 1, 2018. REUTERS/Staff/Remote MILAN (Reuters) – European shares fell on Friday and were set for their biggest weekly loss in six months as a slump in Deutsch... More »

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Scientists reconstruct face of 9,000 year-old Greek teenager

ATHENS (Reuters) – The last time anyone looked on Dawn’s face was 9,000 years ago. Now the teenager can be seen again, after scientists reconstructed her face to show what people looked like in the Mesolithic period, around 7,000 BC. But she doesn’t look happy... More »

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Shapovalov dazzles on Melbourne debut

MELBOURNE (Reuters) – Denis Shapovalov dazzled in pink as he claimed a debut victory over Greek newcomer Stefanos Tsitsipas in a battle of the teenagers at the Australian Open on Monday. The 18-year-old Canadian, whose rise to 50th in the ATP rankings in the p... More »

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Greek police fire teargas at protesters after Athens march

Protesters flee tear gas as they clash with riot police during a demonstration outside the parliament building against planned government reforms in Athens, Greece January 12, 2018. REUTERS/Alkis Konstantinidis ATHENS (Reuters) – Greek police fired teargas at ... More »

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Dealmaking in focus as European shares climb back to 6-week high

MILAN (Reuters) – European shares rose on Monday, with merger and acquisition activity in focus and investor sentiment buoyed by expectations that a U.S. tax bill could soon pass. Thales (TCFP.PA) rose 8.4 percent after the French aerospace and defense company... More »

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Britain’s Prince Harry and Meghan Markle to marry on May 19

FILE PHOTO: Britain’s Prince Harry poses with Meghan Markle in the Sunken Garden of Kensington Palace, London, Britain, November 27, 2017. REUTERS/Toby Melville/File Photo LONDON (Reuters) – Britain’s Prince Harry and his American fiancée, Meghan Markle, will ... More »

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European stocks rally after Brexit, banking rules deals

The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, December 6, 2017. REUTERS/Staff/Remote/File Photo LONDON (Reuters) – European stocks rallied to a week’s high on Friday as Britain and the European Union announced a ... More »

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Factbox: EU Commission proposals on euro zone reform

BRUSSELS (Reuters) – The European Commission proposed on Wednesday a package of legislative and non-binding measures to reform the euro zone and make it more resilient to future crises. Below are the main proposals: EUROPEAN MONETARY FUND The euro zone bailout... More »

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Greece, lenders reach deal on reforms under bailout review

Greek Finance Minister Euclid Tsakalotos arrives for a cabinet meeting at the parliament in Athens, Greece June 13, 2017. REUTERS/Costas Baltas ATHENS/BRUSSELS (Reuters) – Greece and its euro zone creditors reached a preliminary deal on Saturday on reforms Ath... More »

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Latvia, Luxembourg, Portugal, Slovakia bid for Eurogroup chair

FILE PHOTO – Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem arrives at Eurozone finance ministers meeting in Brussels, Belgium July 10, 2017. REUTERS/Francois Lenoir/File Photo BRUSSELS (Reuters) – Finance ministers from Latvia, Luxembourg,... More »

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Merkel fourth term in doubt as German coalition talks fail

German Chancellor Angela Merkel of the Christian Democratic Union (CDU) during the exploratory talks about forming a new coalition government in Berlin, Germany, November 19, 2017. REUTERS/Axel Schmidt BERLIN (Reuters) – Chancellor Angela Merkel said on Monday... More »

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ECB tells banks to set aside more cash on bad loans

The European Central Bank will ask euro zone banks from next year to set aside more cash to cover newly classified bad loans and may also present additional measures to tackle the sector's huge stock of bad debt, it said on Wednesday. More »

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Euro zone enlargement call sparks backlash in Germany

After years of bailing out Greece, the idea of letting more poorer states into the euro zone has sparked controversy, particularly in Germany, where Chancellor Angela Merkel is seeking re-election in two weeks time. More »