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Greek unemployment dips to 26.7pc in January ATHENS: Greece's unemployment rate dipped to 26.7 percent in January from a downwardly revised 27.2 percent in the previous month, the country's statistics agency ELSTAT said on Thursday. The reading, more than twice the euro zone's average of 11.9 percent in February and still hovering near record highs, reflects the impact of Greece's six-year, austerity-fuelled recession. The seasonally adjusted reading is the lowest unemployment figure since February 2013. Copyright Reuters, 2014 ...

Turkey police arrest dozens in raid on factory strike ISTANBUL: Turkish police on Thursday broke up a protest by employees of a US packaging firm who had occupied their factory in Istanbul for two months to press labour demands, local media reported.Police stormed the plant in Istanbul's Hadimkoy district, on the European side of the bi-continental city, in a dawn operation during which 91 people were detained, the Hurriyet newspaper said.A small group of holdout protesters took to the roof of the factory in ...
Russia says NATO is using Ukraine crisis to boost appeal MOSCOW: Russia's Foreign Ministry accused NATO on Thursday of using the crisis in Ukraine to boost its appeal to members and justify its existence by rallying them against an imaginary threat. "The constant accusations against us by the Secretary General (Anders Fogh Rasmussen) convince us that the alliance is trying to use the crisis in Ukraine to rally its ranks in the face of an imaginary external threat to NATO members and to strengthen demand ...
Russian cargo ship docks to space station MOSCOW: A Russian cargo ship has successfully docked with the International Space Station Thursday, bringing the crew crucial supplies and water, Russia's space agency said.The unmanned Progress M-23M ship, which was launched from the Baikonur cosmodrome in Kazakhstan on Wednesday, docked with the ISS at 2114 GMT, two minutes later than scheduled, the Roscosmos agency said.The station was flying over the west coast of Peru at the time, NASA said.The ship is packed with some ...
Car bomb explodes outside a Greek central bank building, no injuries ATHENS: A car bomb went off outside a Bank of Greece building in central Athens early on Thursday, causing damages but no injuries a police source said. Police cordoned off the area after a Greek newspaper received a warning call from a person saying that a bomb containing about 70 kilograms of explosives would detonate at the central bank, the police official added on condition of anonymity. The explosion comes hours before Greece plans to ...
Greece to end exile from bond markets as thousands protest ATHENS: Greece announced on Wednesday its return to the debt markets after a four-year absence on the same day protestors launched the first anti-austerity strike of the year, crippling key services across the country.While up to 20,000 people demonstrated in the streets of the capital Athens and second city Thessaloniki, disrupting rail and ferry services and closing government offices, Greece's finance ministry said the country would issue medium-term debt for the first time since 2010."The ...
Pro-Russian militants free 56 Ukrainian 'hostages': security service KIEV: More than 50 people held "hostage" by pro-Russian militants who seized a security building in eastern Ukraine have been released, the state security service said on Wednesday.Ukraine's SBU security agency said on Tuesday that separatists who had seized its regional headquarters in Lugansk on Sunday had mined the building and were holding 60 people "hostage".The SBU said on Wednesday that 56 people had walked free thanks to two rounds of negotiations.The agency did not ...


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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
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WeeklyNovember 23, 2015
Reserves $19.713 bln