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Tuesday, 10 December 2019

Migrant flows pick up on Tues.; several landings, sea rescues reported

A total of 551 third country nationals landed on a handful of eastern Aegean islands over the past 24 hours in 11 separate incidents, while the Greek coast guard and…

Μitsotakis meeting with US envoy ahead of official visit to White House next month

Greek Prime Minister Kyriakos Mitsotakis received US ambassador to Greece Geoffrey Pyatt on Tuesday, with the agenda reportedly revolving around the former’s official visit to the United States early next…

High Court prosecutor reportedly cites characteristics of ‘judicial conspiracy’ in controversial Novartis probe

A supreme court vice-president on Tuesday reportedly told members of a Parliamentary fact-finding committee that a long-drawn out prosecutor’s investigation into allegations of kickbacks by Novartis’ subsidiary in Greece was…

Athens sends 2 letters to UN calling recent Turkey-Libyan maritime deal a violation of int’l law

The Greek government spokesman on Tuesday cited two letters sent by Athens towards the United Nations to condemn a pair of recent agreements between Turkey and the interim Tripoli-based Libyan…

Monday, 09 December 2019

Greece’s labor ministry unveils initiative to repatriate young, high-skilled professionals with employment subsidization scheme

Greece’s labor social affairs ministry on Monday unveiled an initiative aimed at repatriating some of thousands – according to some estimates, tens of thousands – of younger, highly skilled professionals…

Severe rebuke by president of Libya’s house of representatives against inflammatory deal signed by Ankara, Tripoli

Greece’s Parliament president on Monday released a letter by his Libyan counterpart towards the UN Secretary General, demanding that the UNSC not recognize an agreement signed last week by Turkish…

First instance court in Greek resort town rules against short-term leasing of apartment; ‘Airbnb’ effect under scrutiny

A first-instance judge in the southern Greece harbor town of Nafplio has issued a ruling prohibiting an apartment owner from short-leasing the property to visitors and tourists, a decision that…

30K jobs lost in Nov. 2019 as seasonal redundancies in Greece’s tourism, F&B sector recorded

Nearly 30,000 job spots were lost in November 2019, according to a labor ministry employment platform, while part-time work comprised some 58 percent of new hirings during the same month.…

Heavy rains, high winds forecast for much of Greece until Wed.

A significant low front is expected to pass through Greece, beginning in the southwest, on Monday and into Tuesday and Wednesday, with heavy and winds of up to 8 on…

Coffee Island again voted best cafe chain in SE Europe; first outlet in UAE opens in Dubai

Greece-based Coffee Island was again voted as the best cafe chain in southeast Europe, during the recent Allegra European Coffee Awards. Coffee Island picked up the same distinction in 2018, and the third…

Head of Greece’s assets and participations company: ‘Centralized management of public assets brings results’

The difficult task of transforming several state-owned companies, some of which have been operating for decades with distortions, while generating deficits and without reaching their full potential, now rests with…

Sunday, 08 December 2019

Press report from Turkey claims controversial MoU between Ankara and shaky Libyan gov’t activated by latter

A controversial memorandum of understanding between Turkey and the UN-recognized but shaky interim government (GNA) in Tripoli, Libya, aimed to demarcate exclusive economic maritime zones between the two state has…

Saturday, 07 December 2019

Finance ministry extends primary residence protection framework by 4 months

Greece’s finance ministry on Friday tabled a late-night draft bill to extend, by four months, a legal protection framework for primary residences against creditors, mainly lien-holding banks. The framework will…

Historic Plaka stone arch bridge rebuilt

The historic Plaka bridge, which collapsed when torrential rains swelled and accelerated the flow of the Arachthos River, in mountainous northwest Greece, has been fully rebuilt with the same techniques…

Another light quake recorded off Sfakia, Crete

Another light earthquake, this time measuring 4.4 on the Richter scale, was recorded at 16.46 (14.46 GMT) on Friday south of Crete, a day after a similar tremor shook the…

Friday, 06 December 2019

Scattered rioting after mostly peaceful march in Athens on 11th anniversary of teen’s killing by police officer

More than 30 people were detained and arrested on Friday evening after scattered rioting in and around the central Athens district of Exarchia, at the end of a protest march…

Mitsotakis on Turkey’s MoU with Tripoli-based interim govt: It’s null and worthless

Greek leadership on Friday continued to assail an abrupt and contenious agreement between neighboring Turkey and the shaky interim Libyan government (GNA), with Prime Minister Kyriakos Mitsotakis telling deputies in…

Ancient Corinth archaeological museum, Angelos Sikelianos Home in running for 2020 European Museum of the Year Award

Two museums in Greece are in the running for the 2020 European Museum of the Year Award (EMYA), namely the Archaeological Museum of Ancient Corinth and the Angelos Sikelianos Museum…

Initial, modest cuts in mobile phone rates announced hours after CEOs meet with Greek PM

A welcome, albeit modest, relief for Greece’s mobile phone users came on Friday hours after a high-profile meeting between the prime minister and the heads of the three mobile phone…

Greek PM meets with execs of top trio of mobile/telecoms operators; high costs, low data allowance reportedly discussed

Greek Prime Minister Kyriakos Mitsotakis on Friday met with the heads of the three primary mobile phone operators in the country, as public discontent is rife in the eastern Mediterranean…

Govt announces 2k euro bonus for births by uninsured mothers; conditions apply

The Greek government this week announced a lump sum bonus of 2,000 euros for each child born to a an uninsured mother. Criteria attached to the allocation of the bonus…

Athens to expel Libyan envoy after latter fails to convey maps, agreement between interim Tripoli govt and Turkey

The Greek foreign ministry on Friday announced the expulsion of Libyan ambassador accredited to the country, following his failure to deliver a controversial “memorandum of understanding” signed by Turkey and…

Light quake shakes southern coast of Crete

A light earthquake, measuring 4.6 on the Richter scale, shook Crete on Friday morning, particularly along the large Aegean island’s southern coast near the town of Sfakia. The quake was…

Thursday, 05 December 2019

Center-right govt announces criteria for its end-of-year welfare ‘social dividend’

The months-old Mitsotakis government on Thursday announced specific criteria for allocation of its version of a “social dividend”, continuing the end-of-year one-off welfare payment begun by its leftist predecessor, and…

Greece listings on Airbnb, HomeAway platforms account 1.15 bln€ in revenues between June 2018 and May 2019

Turnover from short-term real estate leasing, mainly via the Airbnb and HomeAway platforms, reached 1.15 billion euros in Greece over the period between June 2018 and May 2019, according to…

Dep. FM Diamataris resigns after furor over his academic degrees

Greece’s deputy foreign minister, Antonis Diamataris, on Thursday tendered his resignation days after it was revealed that he had exaggerated his university studies, and specifically that he was a holder…

Ankara releases controversial MoU with Libyan interim govt’; diplomat claims islands dont’ have right to EEZ, continental shelf

Media outlets in Greece on Thursday morning have official Ankara handing over a memorandum of understanding with the shaky and mostly Tripoli-based Libyan interim government which Athens has heatedly charged…

Wednesday, 04 December 2019

Israeli rebuke of latest instance of ‘Turkography’ in the east Med

Israel on Wednesday joined the State Department and the EU in criticizing a recent Turkish attempt to lay the groundwork for delineating exclusive economic zones between that country and Libya,…

Mitsotakis-Erdogan meeting reportedly dominated by sketchy deal by latter with interim Libyan govt; migrant surge

A closely scrutinized meeting in London between Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdogan lasted for an hour and a half on Wednesday, after the conclusion…

26W T-bll auction by Greek state nets 812.5 mln€, with negative yield of 0.02%

By N. Stasinou [email protected]  The Greek state on Wednesday drained 812.5 million euros in a 26-week T-bill auction, with the uniform yield again negative, -0.02 percent, even lower than 0.00…