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Monday, 27 January 2020

Lamda Development to buy out Dogus Group for sole ownership of Athens-area Flisvos Marina

ATHEX-listed Lamda Development has reached an agreement with Turkey-based Dogus to purchase 50-percent of the company Lamda Dogus Investments for 12.4 million euros, a development that will leave the former…

Clash between Goldair, Trainose over rail market in Greece

By F. Zois [email protected] The first “clash” between rival rail transport providers in Greece’s post-privatization era has erupted between Trainose, owned by Italy’s Ferrovie dello Stato, and a consortium comprised…

Friday, 24 January 2020

Mitsotakis, Greek FM inform Turkish govt that search & rescue units at their disposal, hours after major quake

Greek Prime Minister Kyriakos Mitsotakis on Friday evening extended his condolences to Turkish President Recep Tayyip Erdogan and the Turkish people over a devastating 6.8 on the Richter scale earthquake…

New election law favoring bonus majority system passed in Greece, effective after next ballot

A majority of Parliament deputies, 163 out of the 300 in Greece’s legislature, on Friday ratified a new law that restores a more reinforced majority bonus system, whereby the first-past-the-poll…

Mitsotakis from Davos: Emphasis on FDIs; points to Turkish provocations in east Med

By A. Sotiriou [email protected] Greek Prime Minister Kyriakos Mitsotakis’ inaugural appearance at the annual World Economic Forum in Davos, Switzerland as the country’s head of government revolved around two main…

EU auditors discuss privatizations, private sector access to lignite production in talks with Greek govt

Representatives of Greece’s European creditors focused on energy sector issues this week in talks with the relevant ministry’s leadership, namely, allowing private sector entities to the country’s lignite production –…

Thursday, 23 January 2020

Latest opinion poll shows respondents’ concern over Turkish provocations; still smoldering migrant/refugee influx

A majority of respondents, reaching 62 percent, in an opinion poll unveiled on Thursday evening express concern over the last instances of Turkish provocations in the eastern Mediterranean, while also…

Mitsotakis at Davos: ‘We don’t need Turkey’s permission’ over possible east Med natgas transport

Greek Prime Minister Kyriakos Mitsotakis expressed a more assertive position regarding what his government views as stepped up Turkish provocations throughout much of the eastern Mediterranean of late, telling Bloomberg…

Alexandroupolis port in NE Greece again discussed by relevant minister, US ambassador

The port of Alexandroupolis, in extreme northeast Greece, was again reportedly discussed in a meeting between a Cabinet member and US ambassador Geoffrey Pyatt, as the now months-long Mitsotakis government…

Bundestag service views Turkey-Libya maritime deal illegal, detrimental to third parties

A research section of the German Bundestag on Thursday detailed, over 18 pages, the reasons why a controversial Turkey-Libya MoU drawing maritime borders between the two non-abutting states violates the…

5th Naftemporiki shipping con’f today at Athens Megaron concert hall

The 5th Naftemporiki shipping conference will be held today, Thursday, at the Athens Megaron concert hall, with this year’s theme entitled “Shipping amid a decade of major changes and challenges”.…

Wednesday, 22 January 2020

State Dept. calls on Turkey to cease drilling in Cypriot waters

Washington this week expressed its “deep concern” over Turkish hydrocarbon drilling in Cyprus’ maritime zone, on the heels of threats by Ankara to send the drill ship ‘Yavuz’ to a…

Eight abducted crew-members of Greek-flagged tanker released in Cameroon

Five crewmembers of the Greek-owned tanker “Happy Lady” were released on Tuesday, after pirates abducted them on Dec. 31, 2019 while the vessel was anchored two nautical miles off a…

Parliament elects high court president as new Greek head of state; first woman president

Greece’s Parliament on Wednesday voted to appoint the first woman head of state in the country’s nearly 200 years as a modern state, with Council of State (CoS) President Ekaterini…

Tuesday, 21 January 2020

Pompeo letter to Greek counterpart: Solutions should be found through peaceful means by those with interests in east Med

The Greek government on Tuesday released a letter by US Secretary of State Mike Pompeo to his Greek counterpart, where the former noted that Washington is closely following developments in…

New Patras-Pyrgos tollway contract awarded to Olympia Odos

The Olympia Odos company, which already manages the Corinth-Patras tollway across the breadth of the northern Peloponnese, has been awarded a contract for construction of the Patras-Pyrgos highway, along the…

Hellenic Gaming Commission unanimously rejects casino bid by Hard Rock Int’l

By T. Igoumenidi [email protected] Greece’s gaming commission this week announced a unanimous decision to reject a binding offer by Hard Rock International for an Integrated Resort and Casino (IRC) at…

Increased demand by Greek households, businesses for bank lending

Demand for bank loans by businesses and households in Greece has significantly increased over the last six-month period of 2019, according to figures released this week by the Bank of…

Friday, 17 January 2020

Cyber-attacks against handful of Greek govt websites

A handful of Greek government and state websites were targets of hackers on Friday evening, with Turkish media reports claiming the cyber-attacks emanated from Turkey. A Facebook page, claiming to…

Quake, 4.6R, rattles Ionian island of Zakynthos

An earthquake measuring 4.6 on the Richter scale was recorded at 19.47 (17.47 GMT) on Friday 18 kilometers south of the Ionian island of Zakynthos, and at a depth of…

Haftar talks in Athens; Mitsotakis-Merkel phone contacts over Libya, a day after Greek side warned of ‘veto’

Greek Prime Minister Kyriakos Mitsotakis and Foreign Minister Nikos Dendias are set for successive meetings on Friday with Libyan military and political leader Khalifa Haftar, whose forces continue to besiege…

Thursday, 16 January 2020

Libya’s Haftar in Athens on Thursday evening; meeting with Greek FM on Fri.

Libyan military and political leader Khalifa Haftar, the commander of the Libyan National Army (LNA), is due to arrive in Athens on Thursday evening, with a meeting set on Friday…

Wednesday, 15 January 2020

Consortium led by Mohegan Gaming & Entertainment edges closer to Helleniko site gaming concession

By T. Igoumenidi [email protected] The Hellenic Gaming Commission has accepted a relevant competition committee’s review of the two offers for an integrated resort casino concession at the Helleniko site, with…

Mitsotakis says ruling party to nominate high court president Sakellaropoulou as new president of the republic

Greek Prime Minister Kyriakos Mitsotakis on Wednesday afternoon announced that his ruling party will nominate veteran jurist and current Council of State (CoS) president Ekaterini Sakellaropoulou as Greece’s new president…

Union reps demand felony charges against ‘squat’ suspects shown throwing cinder blocks off 2nd storey balcony against police

Representatives of law enforcement unions in Greece on Wednesday submitted a memorandum with the supreme court’s chief prosecutor essentially requesting that charges against a handful of defendants arrested last week…

Govt abruptly announces reinstitution of migration/asylum ministry, in face of continuing crisis

The Mitsotakis government on Wednesday abruptly announced the reinstitution of a migration and asylum ministry, as scores and even hundreds of third country nationals continue to reach a handful of…

Greek primary budget surplus at 4.96 bln€ in 2019

The Greek state’s primary budget surplus for 2019 reached 4.96 billion euros, exceeding the target by 560 million euros. The figure, of course, excludes interest paid on the country’s external…

Monday, 13 January 2020

Trio of Afghan men charged with migrant-smuggling in incident involving sunken vessel; exact number of victims still unknown

Three Afghan men, 26, 30 and 49, are accused of being the people-traffickers piloting a vessel that sank off northwest Greece early Saturday morning, resulting in a still unknown number…

Mitsotakis: Greece will defend its sovereign rights, but will try to resolve differences with Turkey in a peaceful manner

Greek Prime Minister Kyriakos Mitsotakis reiterated on Monday that the country will defend its sovereign rights “in any manner that is the most effective”, speaking at reception hosted by the…

Greek FinMin to ‘N’: 2021 budget will include further tax, social security contribution cuts for businesses

By T. Tsiros and G. Kouros Citizens that cannot meet tax obligations to the state or loan payments to banks will be given a “second change” with a new, unified…