Latest Greece Headlines

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

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...

Cyber Attacks in Europe, Middle East Could Be Work of Turkey-Sponsored Hackers

Jan 27 2020 // Sweeping cyber attacks targeting governments and other organizations in Europe and the Middle East are believed to be the work of hackers acting in the interests of the Turkish government, three senior Western security...

Eight Crew Members Kidnapped from Greek Tanker Anchored Near Cameroon

Dec 31 2019 // Five Greeks, two Filipinos and a Ukrainian were abducted by unidentified assailants from the Greek-flagged tanker ‘Happy Lady’ while the vessel was anchored two nautical miles from Limboh port in Cameroon.The...

Extreme Weather in Greece Brought $1.1 Billion in Crop Damages Since 2011

Nov 25 2019 // In the hills of northern Greece, peach farmer Makis Antoniadis is sweating in unseasonably warm November weather as he toils with his most recent harvest. It might be one of his last.Already grappling with the effects of...

Greek Tanker Manager Denies Connection to Oil Leak Tarring Brazil’s Beaches

Nov 4 2019 // The manager of an oil tanker being probed by Brazilian authorities in connection with an oil spill off the country’s coast has found “no proof” of the vessel conducting activities that may have led to...

Vaping Safety Debate Between Researchers, Activists Intensifies with Mystery Illness

Nov 1 2019 // Portland State University chemistry professor David Peyton had never been attacked with such intensity.Peyton and a group of other chemists discovered almost five years ago that e-cigarettes could sometimes produce more...

Greek Shipowner Torched His Tanker in $77 Million Insurance Fraud: London Judge

Oct 9 2019 // A Greek shipowner orchestrated a plan for men posing as pirates to attack and set fire to his tanker, in an elaborate fraud to seek $77 million in insurance money, a London judge found.In 2011, Marios Iliopoulos lured the...

Greek Firefighters Battle Multi-Day Blaze in Nature Reserve

Aug 16 2019 // Greek authorities sent reinforcements Thursday to firefighters battling a major forest fire in a nature reserve on the island of Evia as water-dropping aircraft tried to extinguish the flames in a hard-to-reach canyon.On...

Specialist Broker SSL Endeavour to Launch Cyprus & Greece Subsidiary

Aug 1 2019 // Specialist independent Lloyd’s broker SSL Endeavour Ltd. announced it is planning to launch a wholly owned subsidiary, SSL Endeavour Insurance Brokers Ltd. Cyprus & Greece, pending regulatory...

Deadly Winter Storm Blasts Europe with Heavy Snow and Winds

Jan 9 2019 // Deadly winter weather blasted Europe for yet another day Tuesday, trapping hundreds of people in Alpine regions, whipping up high winds that caused flight cancellations and increasing the risks of more deadly avalanches.At...

Greek Wildfires Claim at Least 74 Lives in Worst Blazes Since 2007

Jul 24 2018 // Greek firefighters say that at least 74 people were killed in wildfires in the country’s Attica region, which includes Athens, as a summer heatwave has increased the risk of blazes across Europe.The fires struck two...

Florida State Lifts Greek Alcohol Ban Months After Fraternity Pledge Death

Apr 3 2018 // Florida State University has lifted its ban on alcohol and social functions by fraternities, sororities and student organizations, months after the death of a fraternity pledge at an off-campus party.Vice President of...

China’s Fosun Still Interested in Acquiring Greek Insurer if Winning Bid Collapses

Mar 23 2018 // Fosun International Ltd came up short in its bid to buy National Bank of Greece SA’s insurance unit, but the Chinese conglomerate is still willing to swoop in if the winning bid collapses, albeit at a different price...

Greek System at Florida State University Remains Suspended After Frat Death

Dec 19 2017 // The president of Florida State University says he has no timetable yet for reinstating Greek activities on campus after they were suspended in November following the death of a fraternity pledge.John Thrasher told The...

Experts Examine Quake Damage on Greek Island of Kos

Jul 24 2017 // Crews of experts began examining the damage to cultural monuments and infrastructure on the eastern Greek island of Kos on Saturday, a day after a powerful earthquake killed two tourists and injured nearly 500 others in...

EXIN Buys 75% Stake in Ethniki Insurance from National Bank of Greece for $819M

Jun 30 2017 // EXIN Financial Services Holding B.V. has purchased a 75 percent stake in insurer Ethniki Hellenic General Insurance S.A. from the National Bank of Greece (NBG) for €718 million (US$819.2 million).Amsterdam-based EXIN...

Penn State Making Changes to Greek System After Pledge Death

Jun 5 2017 // Penn State is making changes to its Greek system, including taking control of the previously self-governing fraternities and sororities, following the February death of a pledge.The university’s board of trustees...

Greece Aims to Attract U.K. Shipowners, Insurers & Brokers Seeking Brexit HQs

May 31 2017 // The Greek government wants to persuade shipowners and shipping-insurance companies based in London to move their European Union headquarters to Greece as the U.K. prepares to exit the bloc.“We’re in contact...