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Tag Archives: Greek

22 Ancient Shipwrecks Discovered Near Greek Island

The remains of 22 shipwrecks, which comprised piles of cargo from the doomed vessels, have been discovered around the Greek archipelago of Fourni. Credit: V. Mentogianis

Shipwrecks were the stuff of lore around the craggy coasts of Fourni, a Greek archipelago close to Turkey in the eastern Aegean Sea. Generations of local fishermen and sponge divers had seen piles of ancient pottery collecting algae on the seafloor. Last month, a group of marine archaeologists finally investigated …

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Greeks Aim to Prove They Mean Business Ramping Up Privatization

By December, the Greek government aims to receive binding offers for a 67 percent stake in Piraeus Port Authority SA (pictured), from AP Moeller-Maersk’s APM Terminals unit, China Cosco Holding Co and Philippine port operator International Container Terminal Services Inc. Photographer: Simon Dawson/Bloomberg

EU’s Dombrovskis to discuss Greek program during Athens trip Greece races to secure loans ahead of ECB stress test results As Greece struggles to earn the next payout from its third bailout, the revival of its stalled privatization program may help rebuild creditors’ trust after months of often bitter confrontation. …

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