Latest Greece Headlines

All the headlines from our Greece Topic Page, ordered by recency.

U.S. Seizes Iranian Oil Cargo From Russian-Operated Ship Near Greece: Sources

May 27 2022 // The United States has confiscated Iranian oil held on a Russian-operated ship near Greece and will send the cargo to the United States aboard another vessel, three sources familiar with the matter said. It was unclear...

Impounded Russian Tanker to Be Released by Greece Amid Confusion Over Sanctions

Apr 22 2022 // A Russian tanker impounded by Greece this week and reportedly carrying Iranian oil will be released amid confusion about sanctions on its owners. “The coast guard has been ordered by the anti-money laundering...

Update: Greece Seizes Russian Crude Oil Tanker as Part of EU Sanctions

Apr 19 2022 // Greece has impounded a Russian oil tanker off the island of Evia, the Greek coastguard said on Tuesday, as part of European Union sanctions imposed on Moscow over its invasion of Ukraine. Earlier this month, the EU banned...

Pro Athletes Like the ‘Greek Freak’ Are Going After Trademark Violators

Dec 29 2021 // Giannis Antetokounmpo has the trappings that befit a basketball superstar. The “Greek Freak” is 6-foot-11 with legs so long, as Sports Illustrated put it, he can traverse “half the court with four...

Strong Earthquake Jolts Greek Island of Crete, 3 Weeks After Another Temblor

Oct 13 2021 // ATHENS, Greece (AP) – A strong earthquake jolted the Greek island of Crete on Tuesday, three weeks after another temblor killed a man and damaged hundreds of buildings. The Geodynamic Institute in Athens said the...

After Huge Wildfires, Greece Creates Climate Crisis Ministry

Sep 8 2021 // Greece’s center-right government has created a new ministry to address the impact of climate change and named former European Union commissioner Christos Stylianides as minister. Stylianides, 63, who served as...

New Wildfires Break Out on Greece’s Evia Island

Aug 24 2021 // ATHENS, Greece (AP) – Greece’s fire department scrambled firefighting aircraft and ground forces as at least two new blazes broke out in areas already scarred by wildfires this summer, with strong winds...

Greece Wildfire Destroys Jobs of Pine Resin Collectors

Aug 23 2021 // AGDINES, Greece (AP) – For generations, residents in the north of the Greek island of Evia have made their living from the dense pine forests surrounding their villages. Tapping the ubiquitous Aleppo pines for their...

Massive Wildfire Devours Forests on Greek Island of Evia

Aug 11 2021 // ATHENS, Greece (AP) – A massive wildfire burning for days on the northern tip of Greece’s second largest island continued to devour forests Tuesday, its thick smoke hanging in the streets of a nearby town as...

Greek Citizens Angry With Government Over Reponse to Wildfires

Aug 10 2021 // As flames threatened to engulf the home of Stelios Kokkinelis in a suburb north of Athens at the weekend and the emergency services failed to respond to his calls for help, he decided to ignore an evacuation order and take...

Wildfires Rage Anew Near Athens, Forcing More Evacuations in Southern Greece

Aug 6 2021 // Wildfires rekindled outside Athens and forced more evacuations around southern Greece Thursday as weather conditions worsened and firefighters in a round-the-clock battle stopped the flames just outside the birthplace of...

NN Group to Acquire MetLife’s Polish and Greek Businesses for $693 Million

Jul 6 2021 // Dutch insurer NN Group announced on Monday it has agreed to acquire MetLife’s business activities in Poland and Greece, for a total consideration of €584 million (US$692.8 million). The acquisition, which will...

Generali Completes Purchase of AXA’s Greek Units, Forms Bancassurance Agreement

Jun 1 2021 // Generali has completed the acquisition of AXA Group’s Greek subsidiary, AXA Insurance S.A., for €167 million ($204 million) in cash. The acquisition, which comprises AXA’s life & savings and...

Private Equity Firm CVC Nears Deal to Buy Insurance Arm of National Bank of Greece

Mar 26 2021 // CVC Capital Partners is nearing a deal to acquire National Bank of Greece SA’s insurance business after a years-long search for a buyer, people familiar with the matter said. The private equity firm could announce an...

Generali to Purchase AXA’s Greek Operations for $203 Million

Jan 4 2021 // Assicurazioni Generali SpA agreed to buy the Greek operations of French insurer AXA SA as part of its plans to expand in European non-life and health businesses. The Italian company will pay 165 million euros ($203...

Rescue Efforts Continue After Earthquake Strikes Turkey, Greece with at Least 57 Dead

Nov 2 2020 // IZMIR, Turkey – Rescue workers extricated a 70-year-old man from a collapsed building in western Turkey on Sunday, some 34 hours after a strong earthquake in the Aegean Sea struck Turkey and Greece, killing at least 57...

Hurricane Sally Adds to Mounting Losses in Historic Gulf Coast Storm Season

Sep 21 2020 // Hundreds of thousands of people were without power Friday along the Alabama coast and the Florida Panhandle in the aftermath of Hurricane Sally as officials assessed millions of dollars in damage that included a broken...

AXA Weighs $177 Million Sale of Greek Business to Generali

Aug 14 2020 // AXA SA is in talks to sell its Greek operations to Italian insurer Assicurazioni Generali SpA, according to people familiar with the matter, as part of its plans to ditch business lines deemed surplus to requirements. The...

Howden Broking Group Buys Greece’s Matrix Insurance & Reinsurance Brokers

Apr 16 2020 // Howden Broking Group, the London-based independent specialty broker, announced it has acquired Matrix Insurance and Reinsurance Brokers in Greece. Financial details of the deal were not disclosed. Founded in 2003 and...

National Bank of Greece Halts Sale of Ethniki Insurance on COVID-19 Crisis: Sources

Apr 1 2020 // National Bank of Greece SA has halted the sale of its Ethniki Insurance unit after the coronavirus pandemic dashed any lingering hopes of a successful auction, according to people familiar with the matter. In addition to...