Latest Greece Headlines

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

‘Shock and Awe’ Halts Euro Market Slide – for Now

May 10 2010 // A $1 trillion global emergency rescue package to stabilize the euro reversed the slide in world financial markets on Monday but left longer-term questions about whether Europe’s weakest economies can manage their...

EU, IMF Agree on $147 Billion Greece Bailout; PM Warns of ‘Sacrifices’

May 3 2010 // European finance ministers triggered a record €110 billion ($147 billion) bailout for debt-stricken Greece on Sunday, May 2, when Athens committed itself to years of painful austerity.After weeks of tough talk and...

Somali Pirates Release Greek Supertanker for $5.5 Million

Jan 19 2010 // Somali pirates released a Greek supertanker and its crew of 28 on Monday after a rival pirate group attacked the pirates onboard in an unsuccessful attempt to steal the ransom, the spokesman for the European Union’s...

Greek Anarchists Claim Insurance Company Bombing

Dec 30 2009 // A radical Greek anarchist group claimed responsibility Monday for an overnight bomb attack that damaged an insurance company headquarters in central Athens, and pledged to step up its bombing campaign.Nobody was hurt in...

RMS Analyzes Greek Wildfires

Aug 26 2009 // A bulletin from Risk Management Solutions notes that over the past 24 hours, the wildfire situation in Athens has greatly improved, but continues to be closely monitored as there is a high risk of further flare-ups.In...

UPDATE – Thousands Flee Raging Wildfires in Greece

Aug 25 2009 // An overnight drop in gale-force winds offered hard-pressed Greek firefighters a brief respite Monday after wildfires raged unchecked for two days north of Athens, burning houses and swathes of forest while forcing...

Aon: Economic Crisis Heightens Political Risk

Jan 28 2009 // 2009 will see the political consequences of the global credit crunch start to have an impact, according to the 16th annual Political Risk Map, launched today by Aon Risk Services, a division of Aon Corporation.In a global...

RMS, AIR Analyze Greek Quake

Jun 10 2008 // Risk Management Solutions and AIR Worldwide have both issued bulletins analyzing the effects of a 6.1 magnitude earthquake that struck Western Greece at 03:26 p.m. local time on Sunday, June 8.RMS said that according to...

Lloyd’s Warns on Europe Quake Risks

Apr 18 2008 // The early morning earthquake that struck Market Rasen in Lincolnshire recently was literally a wake-up call for many people. (See IJ web site –...

At Least 60 Die in Greek Brushfires

Aug 27 2007 // A hot dry summer coupled with murderous arsonists has resulted in the deaths of at least 60 people, as devastating brush fires continue to rage uncontrolled across large parts of Greece. The tinder dry brush and the rugged...

N.J. Hazing Case Alerts School Officials to Liability for Campus Safety

Aug 26 2007 // College administrators across the nation are likely to pay close attention to the indictment of two Rider University officials in a case involving a student who died after drinking during a suspected hazing.The case could...

Fires Rage Out of Control in Greece

Jul 27 2007 // Massive fires raged out of control across Greece on Thursday, after killing three people overnight in the south, burning through villages and forests and stretching firefighting services to the limit.Greek Prime Minister...

Forest Fires Burn Homes in Greece, Emergency Declared

Jul 20 2007 // Wildfires burned homes and forced the evacuations of villages, a convent and a children’s summer camp in southern Greece, authorities said July 19.The Fire Service reported 115 fires in 24 hours as temperatures...

AXA Acquires Alpha Insurance from Greek Bank

Oct 16 2006 // AXA has reached an agreement with Alpha Bank to acquire its insurance subsidiary Alpha Insurance for Euro 255 million.AXA and Alpha Bank, Greece’s second largest bank, have also signed a long-term exclusive agreement...

Golf Course Risks and Greek Mythology?

Aug 21 2006 // Golf and Country Clubs First task. Impress the readers. Risk management is a Sisyphean challenge. First task accomplished? Probably not yet. Let me continue. In Greek mythology, Sisyphus was a deceitful king who was...

Golf Course Risks and Greek Mythology

Aug 21 2006 // In Greek mythology, Sisyphus was a deceitful king who was condemned to spend eternity pushing a giant boulder up a mountain. As Sisyphus approached the peak of the mountain, the rock would elude him and roll back down to...

Boeing Named as Defendant in Greek Air Crash Lawsuit

Feb 22 2006 // The law firm of Lieff, Cabraser, Heimann & Bernstein, LLP, announced that, in cooperation with the Cyprus-based law firm of Phoebus, Christos Clerides, N. Pirilides & Associates, that families of victims of the...

Coroner Says 5-Year-Old Boy Briefly Survived Greek Plane Crash; Died From Smoke Inhalation

Aug 17 2005 // At least one child on the doomed Cypriot Airline that crashed last Sunday in the mountains north of Athens, Greece survived the initial impact, but died shortly after from smoke inhalation. In all, 121 people died when the...

Greece Airline Crash Kills 121; Firefighters Battle Brush Fires to Surrounding Areas

Aug 14 2005 // It appears all 121 people on board a Cypriot airliner died Sunday when the plane rammed into a hill north of Athens, Greece.Early reports say one or both of the pilots may have been unconscious prior to the crash, perhaps...

ING, Piraeus Bank Finalize Alliance

Jan 22 2002 // Dutch financial services giant ING Group has concluded a “strategic alliance” with Greece’s Piraeus Bank which will enlarge its operations in the country, and give it a firm base for further expansion in...