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Wednesday, 12 February 2020

Greek, Turkish DMs meet in Brussels, on sidelines of NATO summit

Greek Defense Minister Nikos Panagiotopoulos met with his Turkish counterpart Hulusi Akar on Wednesday evening in Brussels, on the sidelines of a NATO ministers’ summit in the Belgian capital. According…

Greek PM Mitsotakis points to milestone 10-yr Greek bond falling below 1%

Greek Prime Minister Kyriakos Mitsotakis on Wednesday took to Twitter to comment on the fact that the yield for Greece’s 10-year bonds had fallen below the psychological barrier of 1…

Tuesday, 11 February 2020

Another, modest step in finalizing Helleniko property development project

The government on Monday announced yet another, albeit modest, step forward towards finally commencing construction at the Helleniko site in coastal southeast Athens, which comprises the most iconic privatization in…

Last-ditch effort to save debt-laden ferro-nickel producer Larco

The latest government-opposition tussle in Greece this week revolves around yet another “last ditch” plan to salvage, via liquidation, the debt-laden and loss-making Larco metallurgical unit in south-central Greece, which…

Monday, 10 February 2020

US consul general in Thessaloniki refers to danger entailed in ‘unreliable suppliers’ in development of 5G networks

The US consul general in Thessaloniki over the weekend referred to the increasingly touchy issue of “5G” technology, warning of a lack of trustworthiness by certain multinationals, a thinly veiled…

Greek govt to requisition land on five islands to create closed ‘hotspots’, as migrant/refugee crisis continues

The Greek government on Monday abruptly announced that it will requisition land on five eastern Aegean islands to create or expand closed temporary shelters, “hotspots”, for asylum seekers and irregular…

Hard Rock Int’l says appeal over Helleniko gaming concession tender has blocked process

Hard Rock International on Monday announced that it has filed an appeal over a recently concluded tender decision for an integrated resort casino concession at the Helleniko site, while stressing…

PPC CEO promises that dominant power utility will remain in Kozani prefecture after ‘de-lignite’ phase

The CEO of state-run Public Power Corp. (PPC), the dominant electricity provider in the country, over the weekend offered assurances that the utility will not abandon the western Macedonia province…

Friday, 07 February 2020

30 ancient ‘curse tablets’ discovered in excavated well in Athens’ Kerameikos site

Thirty ancient Greek tablets featuring curses in the form of invocations to the gods of the underworld, dated some 2,500 years ago, were recently discovered at the bottom of a…

Cosco’s new online platform for port of Piraeus generates opposition

By A. Tsimplakis [email protected] Chinese multinational Cosco’s new online platform for the Piraeus Port Authority (PPA), the Hellenic Port Community System (HPCS), is generated its first waves in Greece’s biggest…

Arctic temperatures recorded overnight in mountainous regions of northern Greece

Polar-like temperatures were recorded in northwest Greece overnight, where the “mercury” fell to minus 13.7C at the Neo Kafkaso site in Florina prefecture, which borders with North Macedonia and Albania.…

Significant int’l interest for Alpha Bank’s 500-mln€ bond issue

ATHEX-listed Alpha Bank on Thursday successfully placed a 500-million-euro, Tier 2 bond with 10-year maturity callable after five years at a yield of 4.25 percent, with the listing on the…

Communication in 2030

By Dimitris Michopoulos, Managing Director at Weber Shandwick Heading towards 2030, the communication of brands and organisations will be tied closer and more directly to their reputation. And this reputation,…

Thursday, 06 February 2020

Warm words by Trump for Greece, Mitsotakis in greeting new Greek ambassador to Washington

The first woman to serve as Greece’s ambassador to the United States was greeted with laudatory language by an upbeat Donald Trump on Thursday, while presenting her accreditations, with the…

Vandals target home of well-known Greek radio talk/news host

Well-known Greek talk radio presenter Aris Portosalte on Thursday posted photographs on his personal Twitter account showing spray-painted slurs against him and his media outlet, Athens-based Skai, scrawled on his…

Hidden GPS tracker leads to stolen herd of sheep, four arrests for rustling

A GPS tracker hidden in bell has led to four arrests in a remote region of the island of Crete on sheep rustling charges, all related to an incident dating…

Quake, 4.0R, rattles NW Peloponnese

An earthquake measuring 4 on the Richter scale was recorded at 20.06 (18.06 GMT), with an epicenter 16 kilometers east, northeast of the mountainous town of Kalavryta, in the northwest…

EU Commissioner Gentiloni expresses favorable position on prospect of lower Greece’s fiscal targets

Visiting European Commissioner for Economy Paolo Gentiloni essentially conveyed the European Commission’s favorable disposition over a possible reduction in the ambitious annual primary budget surplus targets that the Greek state…

Wednesday, 05 February 2020

High court rapporteur recommends ruling in favor of 2013 abolition of extra monthly payments for retired civil servants

A rapporteur before a plenary session of Greece’s Council of State (CoS), the country’s highest administrative court, has reportedly recommended that the state’s abolition of the so-called “13th” and “14th”…

Compromise reached for preservation, display of skeletons at ancient Faliro necropolis

Members of the culture ministry-affiliated Central Archaeological Council (KAS) on Tuesday approved of a “compromise plan” to construct an underground shelter in order to permanently protect and display the 80…

IOBE sticks with Greek econ forecasts for 2020, 2021: 2.2 to 2.5%, 2.3 to 2.5%

The Athens-based Foundation for Economic & Industrial Research (IOBE) on Wednesday insisted on its forecasts of economic growth in Greece below the government’s forecasts for 2020 and 2021, namely, at…

Govt: Damages for state-run PPC from lignite use in 2020 estimated at 400 mln€

Greece’s environment ministry this week announced that damages to be incurred by the state-run Public Power Corp. (PPC), the country’s dominant electricity utility, in 2020 from the use of lignite…

Tuesday, 04 February 2020

Tension for second day on Lesvos, as would-be asylum seekers again take to streets

A tense situation continued on the eastern Aegean island of Lesvos (Mytilene) on Tuesday, a day after roughly 2,000 asylum seekers temporarily hosted on the isle rioted, demanding better living…

Monday, 03 February 2020

Hard Rock Int’l files appeal against decision disqualifying its bid for Helleniko casino concession

Hard Rock International has filed a pre-trial appeal in Greece against last month’s decision by the country’s gaming commission to declare the former’s binding offer for an integrated resort casino…

ECB VP: Massive NPLs remain recovering Greek economy’s ‘Achilles heel’

The “Achilles heel” of the recovering and more stable Greek economy is none other than NPLs burdening systemic banks’ balance sheets, European Central Bank vice-president Luis de Guindos underlined, during…

Investments on the forefront during Greek PM’s visit to Saudi, UAE

By G. Kampourakis [email protected] Greek Prime Minister Kyriakos Mitsotakis and a small coterie of top ministers arrived in the Arabian peninsula over the weekend for a round of high-profile meetings…

Friday, 31 January 2020

Seven out of 10 employers surveyed in Greece reports difficulty in finding skilled employees

Nearly eight out of 10 surveyed employers in Greece – specifically 77 percent – face difficulty in covering open job spots, an 11-year high, according to results of the annual…

Greek Parliament ratified new defense cooperation protocol with US

Greece’s Parliament on Thursday evening ratified a mutual defense cooperation protocol with the United States, with 175 deputies in the 300-MP legislature voting in favor, namely, deputies from ruling center-right…

Thursday, 30 January 2020

Greece eyes 2.7km floating sea ‘dam’ to prevent continued flows of 3rd country nationals to east Aegean isles from Turkey

The Greek government on Thursday confirmed foreign media reports that it is planning to use floating obstacles in a bid to prevent boats disembarking from Turkey and carrying third country…

3 urban terror arrests announced by Greek police, including so-called ‘archer of Syntagma’

Greek police on Thursday morning announced three urban terrorist-related arrests from the previous day, with one of the suspects identified as the so-called “Archer of Syntagma”, a man once photographed…