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Thursday, 08 October 2020

Aegean takes delivery of its first Α321neo passenger aircraft

Greece-based carrier Aegean officially inducted its first Α321neo passenger aircraft in its fleet on Thursday, days after the plane landed at the airline’s base at the Athens International Airport. The…

GD trial: More lenient sentences a product of fast-track 2019 penal code revisions; ex-SYRIZA minister said he warned then PM Tsipras

The first political “fallout” from Wednesday’s landmark court decision characterizing the extreme-right Golden Dawn party as a criminal organization came from an unlikely source a day later, with a former…

GD trial: Sentencing portion to continue on Friday morning

A three-justice appellate level court adjourned until Friday morning in the sentencing phase of the explosive Golden Dawn trial on Thursday, a day after most of the defendants were found…

Covid-19 outbreak: 436 confirmed cases on Thur.; six related fatalities over last 24-hour period

The death toll in Greece from the ongoing coronavirus pandemic rose by six on Thursday, while the number of single-day confirmed new infections reached 436. The latest figures brought the…

Wednesday, 07 October 2020

First reports: Guilty verdicts in GD trial, including main homicide defendant; convictions on charges of running criminal org

Initial media reports in Athens on Wednesday give a guilty verdict for the main defendant in the closely watched Golden Dawn trial on a homicide charge, with another 15 out…

Tuesday, 06 October 2020

Golden Dawn trial: After 5 1/2 years, 453 sessions and 216 witnesses a conclusion and verdicts finally at hand

A long-awaited conclusion in the explosive Golden Dawn (Chryssi Avgi) trial is expected on Wednesday, with a three-justice appeals court ready to hand down verdicts against 68 defendants. The most…

Covid-19 outbreak: 339 confirmed cases on Tues.; three related fatalities over last 24-hour period

Another 399 new confirmed instances of coronavirus were reported in Greece on Tuesday, compared to the previous day, with the death toll also rising by three. Total cases now exceed…

Minister details Microsoft decision to create data center in Greece; 5G to debut in early 2021

Greece’s high-profile minister of state and digital governance, Kyriakos Pierrakakis, on Tuesday detailed a very significant – by Greek standards – Microsoft investment in the country, a day after the…

Mitsotakis after talks with NATO chief: It’s up to Turkey to end path of crisis and open path towards solution

Greek Prime Minister Kyriakos Mitsotakis on Tuesday morning received visiting NATO secretary general Jens Stoltenberg, who arrived in the Greek capital from Ankara, all in the wake of nearly a…

Greek 2021 draft budget loaded with stimulus, support measures to jump-start growth in wake of pandemic

Greece’s draft 2020 budget includes continued support for households and businesses in the face of repercussions from the ongoing Covid-19 pandemic, in tandem with best exploiting European recovery funds. One…

Sunday, 04 October 2020

Covid-19 outbreak: 229 confirmed cases on Sun.; four related fatalities over last 24-hour period

Public health authorities on Sunday announced another 229 confirmed new cases of Covid-19, bringing the total number in Greece to nearly 19,900. Eight-two people remained on life support in hospital…

Four NGOs implicated in migrant smuggling from Turkey to Greek isles; Greek intel op cited

Greek authorities have identified four NGOs based on the eastern Aegean island of Lesvos as actively engaged in migrant trafficking, by colluding with people smugglers operating from the opposite Turkish…

Microsoft to unveil new Greece-based investment on Mon.

Greek Prime Minister Kyriakos Mitsotakis will be joined by Microsoft President and chief legal officer Brad Smith on Monday at the Acropolis Museum for a presentation of the tech giant’s…

Friday, 02 October 2020

Mitsotakis: Consequences in relations with EU if Turkey continues unilateral, belligerent behavior

“We are fully satisfied with the results of the EU summit,” Greek Prime Minister Kyriakos Mitsotakis stressed on Friday, in a press conference after the conclusion of an extraordinary European…

Covid-19 outbreak: 460 confirmed cases on Fri.; five related fatalities

Another 460 new confirmed coronavirus infections were reported on Friday in Greece, of which 142 are related to previously recorded clusters and another 26 detected at border entry points. The…

IMF recommends mild fiscal readjustment for Greece in 2021

The IMF on Friday released its forecast for the Greek economy during the current, and coronavirus-battered year, predicting a contraction by 9.5 percent, before recovering in the medium term. The…

Thursday, 01 October 2020

Covid-19 outbreak: 411 confirmed cases on Thurs.; 2 related fatalities

Another 411 confirmed cases of Covid-19 were reported on Thursday from the previous day, with the death toll rising by two. Eighty-nine people infected with coronavirus are on life support…

Reports: Greece, Cyprus object to draft conclusions after first day of EU Council summit

Greece and Cyprus are reportedly opposed to a set of draft conclusion after the first day of an EU Council summit, with reports stating that both countries want changes over…

Greek T-bill auction yields negative interest rate

Greece’s Public Debt Management Agency drained 487.5 million euros from the markets on Wednesday via a latest auction of 26-week T-bills at a uniform yield of -0.10 percent – an…

Wednesday, 30 September 2020

Vodafone network breakdown in Greece on Wed. afternoon

Vodafone, one of the trio of mobile phone providers in Greece, suffered a network breakdown on Wednesday afternoon, which also affected its land-line service in several parts of the country.…

ΒοG plan for NPLs reportedly fixed on creation of ‘bad bank’

The Bank of Greece’s (BoG) proposal for tackling Greek systemic banks’ NPLs, now calculated at billion euros, will reportedly include the long-expected creation of a “bad bank”, based on a…

New cutting-edge lighting system illuminates iconic Acropolis

A new state-of-the-art lighting system illuminating the ancient marble structures on the Acropolis in central Athens, including the quintessence of Classical antiquity, the Parthenon temple, was unveiled on Wednesday evening.…

Tuesday, 29 September 2020

Average monthly social security benefit in Greece at 726.70€; 2.486 mln pensioners in population of 11 mln

The average primary monthly pension in Greece, as of September 2020, reaches 726.70 euros, while the monthly supplementary pension – for eligible beneficiaries – is 194.37 euros, according to figures…

Pompeo: Greece a pillar of stability in region

US Secretary of State Michael Pompeo completed a closely watched two-day visit to Greece on Tuesday, replete with very high-proflle talks with Greek leadership and tours of military installations on…

Covid-19 outbreak: Sharp day-to-day rise in confirmed cases on Tues., by Greek standards

 A sharp rise in the number of confirmed Covid-19 infections was reported in Greece on Tuesday, over the previous 24-hour period, with the number reaching 416. Another five related fatalities…

Repeat testing shows negative Covid-19 results for cruise ship now docked in Piraeus

The first of three tests on 12 crew-members on a cruise ship that initially tested positive for Covid-19 have come back negative, with reports in Athens claiming that all 12…

Monday, 28 September 2020

33 NGO members, 3 foreign nationals charged with operating migrant smuggling network; Lesvos at the epicenter

Thirty-three members of NGOs operating on the eastern Aegean island of Lesvos – the epicenter of a refugee/irregular migrant crisis since 2015 – along with three foreign nationals, have reportedly…

Alpha Bank announces NPEs ‘carve-out’ procedure for servicer Cepal

Athens-based systemic lender Alpha Bank this week announced the commencement of a carve-out procedure for transferring NPEs to the firm Cepal, part of a strategic plan announced last November aimed…

12 coronavirus infections aboard cruiseship sailing in central Aegean; all among crew

Twelve instances of coronavirus infection have been reported aboard a cruise ship carrying more than 1,000 passengers and crewmembers on a cruise in the central Aegean, with the cases involving…

Friday, 25 September 2020

Greek PM in UN address: Restart of exploratory talks with Turkey a step in right direction

Greek Prime Minister Kyriakos Mitsotakis on Friday referred to irregular migration, climate change, the ongoing Covid-19 and the resurgence tension in Greece’s relations with Turkey in a pre-recorded video address…