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Thursday, 24 October 2019

Greek minister: Physicians supplied migrants with med diagnoses to avoid deportation

Greece’s relevant public order minister on Thursday charged that an determined number of physicians in the country, all with private practices, have provided “thousands” of diagnoses towards third country nationals…

Govt suspends VAT rate imposition on building licenses, retroactively from Jan. 1, 2006

Greek Prime Minister Kyriakos Mitsotakis used an Economist roundtable forum on Wednesday evening to announce a suspension in the imposition of VAT rates on building licenses, with a retroactive effect…

Wednesday, 23 October 2019

Βinding offer unsealed for Piraeus’ unoccupied high-rise building

By T. Igoumenidi [email protected] A binding offer for the 99-year of a high-rise building in Piraeus’ business district was opened this week, with a consortium consisting of Prodea Investments, Dimand…

Report of Chinese restrictions, higher duties on imported marine equipment, services raises major concern in Piraeus

By A. Tsimplakis [email protected] The specter of restrictions and increased custom duties on imported marine equipment and spare parts as well as in the provision of maritime services to vessels…

Draft amendment will allow purchase of ‘Golden Visa’ via POS, credit/debit card payment

The purchase of a so-called “Golden Visa” by third country nationals will soon be achieved via a POS terminal, as envisioned in a amendment included in a draft bill aimed…

Mykonos makes AirBnB’s top 20 list in terms of users’ interest

Jet-setting Mykonos, the best-known of Greece’s Cyclades islands, appears at number 19 on AirBnB’s list of up-and-coming destinations, with trending (users’ interest) in the popular summer destination increased by a…

McDonald’s presence in Greece growing; profitability up

 By S. Emmanuil [email protected] Premier Capital Hellas, McDonald’s licensee for Greece, appears ready to continue its expansion in the country, on the back of significant capital reserves and liquidity that…

Union of local gov’t workers strikes in opposition to private sector involvement in sanitation

A union representing employees in local government entities, mainly municipalities, continued an industrial action on Wednesday, in opposition to draft legislation that mandates a majority of votes, by active union…

Patrol boat collides with migrant smuggling vessel sailing without lights; 2 missing

A child and a man are missing in a sea region off the eastern Aegean island of Kos after a Greek coast guard patrol boat collided with boat carrying 34…

Tuesday, 22 October 2019

UEFA Youth League game between Olympiacos, Bayern interrupted after hooligans storm pitch

Between 20 to 30 hooligans wearing motorcycle helmets and totting clubs and crowbars invaded the pitch of a UEFA Youth League match on Tuesday afternoon between Olympiacos Piraeus and Bayern…

Govt cites preliminary deal to finally give expatriate Greeks right to vote from abroad

The relevant interior minister on Tuesday evening announced an agreement, in principle, between political parties in Greece’s 300-deputy Parliament to allow Greek citizens on current election rolls the right to…

EBRD issues 150-mln-€ ‘green bond’ to Greece-based Terna Energy

The European Bank for Reconstruction and Development (EBRD) on Tuesday announced a 150-million-euro “green bond” issuance to Greece-based Terna Energy as well as 18 million euros for further investments in…

Greek state’s primary budget surplus concludes at 4.3% in 2018

Greece’s primary budget surplus for 2018 was finalized at 4.3 percent of GDP, according to figures released on Monday by the country statistics authority, EL.STAT, easily exceeding the 3.5-percent target…

Monday, 21 October 2019

World’s newest cruise ship, Sky Princess, in Piraeus this week

The world’s newest cruise ship, the “Sky Princess”, arrived at the port of Piraeus on Monday, with representatives of the Piraeus Port Authority presenting the vessel’s master, Capt. Heikki Laakkonen,…

Migrant crisis continues: Nearly 2K third country nationals land on northern Greek isles in a week

A total of 1,908 third country nationals illegally landed on Greece’s north Aegean islands over the past week up until the early morning hours of Monday, Oct. 21, according to…

Minister abruptly announced hike in one-third of supplementary pensions, in wake of high court ruling

The relevant labor and social insurance minister on Monday abruptly, and during a morning current affairs radio program, announced that up to 465,000 beneficiaries in Greece receiving supplementary pensions would…

‘Joker’ sparks social media, political mini-furor in Greece after 2 ministry officials try to prevent teens from watching movie

The latest political furor in Greece erupted “out of the blue” on a balmy Sunday afternoon and was related to the Hollywood blockbuster “Joker”, after police were called to at…

Friday, 18 October 2019

Mitsotakis from EU Summit: US withdrawal from Syria a mistake; major focus on dealing with migration/refugee crisis

Greek Prime Minister Kyriakos Mitsotakis, speaking to reporters immediately after attending his first EU Summit, referred to a unanimous condemnation by European leaders of Turkey’s invasion of northern Syria. Moreover,…

Thursday, 17 October 2019

Greek govt tables draft law on asylum accelerating procedures; stricter rules

The government on Thursday submitted a draft bill to Parliament that changes the asylum law in the country, towards faster and stricter conditions. The draft law is now up for…

Mitsotakis at his first EU summit: After 10 years of crisis, Greece turning new page

New Greek Prime Minister Kyriakos Mitsotakis attended his first EU summit on Thursday, stressing during his entry into a Brussels conference center that “after 10 years of crisis, Greece is…

CNN rates Top 17 Greek villages; Arcadia’s Stemnitsa in first place

In a break from the ubiquitous “Top …something” lists of best Greek islands and beaches, which crop up periodically in international media, CNN this week breaks with the trend and…

11 people storm Turkish consulate’s courtyard in Thessaloniki to open banner in favor of Kurds

A group of self-styled anti-state activists broke into the courtyard of Turkish consulate in the northern Greek city of Thessaloniki on Thursday morning, opening a banner and then shouting slogans…

Weak quake, 4R, southwest of Ionian isle of Zakynthos

A weak earthquake measuring 4 on the Richter scale was recorded at 10.59 (08.59 GMT), southwest of the Ionian island of Zakynthos, according to the Athens-based Geodynamics Institute. The tremor…

Wednesday, 16 October 2019

Air China to retain 3-flight-a-week schedule connecting Athens with Beijing

Air China on Wednesday announced that it will continue its three-flights-a-week schedule connecting Athens with Beijing over the coming winter season. Without going into details, the airline’s officials referred to…

IMF revises forecasts for Greek state: 3.3% primary budget surplus in 2019; 2.6% in 2020

The IMF foresees the Greek state posting a 3.3-percent primary budget surplus this year, dropping to 2.6 percent in 2020, in revising its previous estimates downward. A previous IMF report…

Greece, China sign updated econ cooperation framework for 2020-22

Greece and China signed an updated economic cooperation framework for the 2020-2022 period this week, with relevant Development and Investments Minister signing the agreement on behalf of Athens while on…

Greek public order minister posts video of violence on Samos; promises ‘get tough’ policy

Greece’s public order minister on Wednesday promised a stricter reaction against third country nationals temporarily hosted on a handful of Greek isles after landing from the opposition Turkish coast, part…

Draft budget foresees 5% reduction on corporate tax pre-payment

A reduction, by 5 percent, in the pre-payment of corporate taxes – for current fiscal year – is foreseen in the draft 2020 budget, which has been delivered to and…

Reports: Greek govt eyes 139-mln€ ‘bonus’ towards businesses in 2020

The Mitsotakis government has reportedly overcome fiscal obstacles and aims to allocate 139 million euros in the form of a one-off economic stimulus to eligible businesses in the country, a…

Tuesday, 15 October 2019

IMF lowers econ growth forecasts for Greece; 2% in 2019, 2.2% in 2020

The IMF on Tuesday revealed that it was revising, downward, its forecasts for Greek economic growth in 2019 and 2020, as part of projections included in its World Economic Outlook report. …