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Monday, 07 October 2019

Αthens pleased after Pompeo visit, talks

By G. Kampourakis [email protected] The Greek government appears to consider the weekend visit and talks held by US Secretary of State Mike Pompeo as positive, coming after a quick succession…

Hellenic Fiscal Council: GDP targets for 2019, 2020 ‘ambitioius, demanding’ but feasible

Targets for economic growth in Greece this year and in 2020, as envisioned in a draft budget for next year, are “ambitious and demanding”, but can be achieved if the…

Friday, 04 October 2019

Reports Capital Maritime eyes major LNG-powered VLCC new order deal

By A. Tsimplakis [email protected] Greek shipping interests continues to lead the global field in terms of new LNG vessel orders, while at the same time investing in vessel that can…

Pompeo in Athens over the weekend; defense tops Greek side’s interest

US Secretary of State Mike Pompeo arrives in Athens on Friday evening ahead of a long day of contacts with top government officials the next day, with the Greek side…

Mitsotakis: Greece now facing migration crisis on eastern sea borders

Greek Prime Minister Kyriakos Mitsotakis continued to hammer home his government’s view that the continued arrivals of third country nationals onto a handful of eastern Aegean isles – after first…

Hard Rock Int’l, Mohegan Gaming submit binding offers for Helleniko Integrated Resort Casino concession

By T. Igoumenidi [email protected] Two multinational gaming and resort giants, Hard Rock International and Mohegan Gaming & Entertainment, late Friday morning submitted binding offers for an Integrated Resort Casino (IRC) at the Helleniko site in coastal…

Thursday, 03 October 2019

Athens in the rear of inaugural Smart City Index; Singapore tops list

The Greek capital, Athens, again fared poorly in yet another global poll this week, coming in a dismal 95th out of 102 cities surveyed in the inaugural IMD Smart City…

EBRD to unveil new strategy on urban regeneration, sustainable tourism during Piraeus event on Tues.

The new strategy property and tourist in the 2020-24 period will be presented at an event organized by the EBRD in Piraeus next Tuesday, with the emphasis being on “green”…

Μedia reports: Last of 4 joint ministerial decisions for Helleniko signed

The last of four pending joint ministerial decisions dealing with the emblematic Helleniko privatization was reportedly signed on Thursday, according to reports citing sources at the development and investments ministry.…

Latest furlough request by convicted N17 terrorist rejected

Members of a judicial council in the central city of Volos on Thursday unanimously rejected yet another furlough request by notorious “November 17” arch-assassin Dimitris Koufodinas. In a departure from…

Creditors forecast one-billion-euro ‘gap’ in 2020 Greek state budget

By N. Bellos [email protected] A fiscal “gap” forecast for the 2020 Greek state budget was confirmed this week by a top Eurozone, adding that an agreement between Athens and European…

Tuesday, 01 October 2019

Fair and sunny throughout Greece on Wed.

The weather on Wednesday will be fair and sunny throughout Greece, with only a chance of clouds in the mountainous regions. Some early morning fog. Light winds of up to…

Monday, 30 September 2019

Investment outlay for pharmaceutical cannabis units in N. Greece calculated at 100 mln€

By G. Hatzilidis [email protected] Capital investments exceeding 100 million euros are reportedly envisioned – over a three-year period – for the creation of units in northern Greece to cultivate and…

Govt cancels NOME-type future power production auctions; cites damage for state-run PPC

A presidential decree canceling a NOME-type future power production for Oct. 16, 2019 will be submitted on Tuesday for a relevant signature, with the decision essentially scrapping the entire framework.…

Greek govt: Migrants, not refugees, fueling resurgent crisis in eastern Aegean

The Greek government announced another series of urgent of measures to deal with the resurgent migrant-refugee crisis in the eastern Aegean, weeks after a similar batch of measures apparently failed…

Latest fatalities in infamous Moria ‘hotspot’; govt now presses for more measure to deal with migrant/refugee crisis

The latest deadly incident at the Moria “hotspot” on the eastern Aegean island of Lesvos (Mytilene) on Sunday afternoon, resulting in the fire-related deaths of a woman and a child,…

Friday, 27 September 2019

Milos at the top of CNN’s list of world’s most beautiful islands

The Cyclades isle of Milos, known for its numerous, stunning and often remote beaches, tops CNN’s latest list of the world’s most beautiful islands.   The global news network refers…

Hard Rock to ‘N’: Integrated resort casino project at Helleniko site worth one billion euros

By V. Kostoulas [email protected] Next month’s looming deadline for binding offers to secure an Integrated Resort Casino (IRC) concession within the massive Helleniko site continues to cast an intense spotlight…

Mitsotakis from UN’s podium: Greece alone cannot face the pressures from migrant crisis

Greek Prime Minister Kyriakos Mitsotakis, in his first address as the country’s premier from the UN General Assembly’s podium, on Friday focused on the resurgent migrant/refugee crisis in the eastern…

IMF regarding Greece: Reduce primary budget surplus target; GDP growth forecast 2% for 2019, 2020

An IMF report, released on Friday, called on the Greek government and its European partners to agree over a reduction in the current 3.5-percent primary budget surplus target that Athens…

Seven drowning fatalities in latest tragedy involving migrant smuggling craft in eastern Aegean

Seven people, five children and two adults, drowned early Friday morning, after a flimsy inflatable craft carrying 18 people overturned in a sea region north of the Oinouses islets, the…

Mitsotakis in US: Jobs, less taxes and belief in better future key to reversing ‘brain drain’

Greek Prime Minister Kyriakos Mitsotakis on Thursday extended an invitation to US investors to exploit opportunities in the recovering east Mediterranean country, continuing a whirlwind series of meetings and contacts…

Property platform’s data: Prices in central Athens, holiday spots jump

Significantly increased housing prices in many urban areas in Greece is the main highlight in a Supply Price Index (SPI) operated by a property platform, based on data from classified…

Thursday, 26 September 2019

Mitsotakis promises expatriates the right to vote by 2023; extensive interview to Wash. Post

Greek Prime Minister Kyriakos Mitsotakis this week expressed a hope that Greek expatriates living abroad will be able to vote in general elections back in Greece by 2023, qualifying the…

US embassy in Athens: Trump-Mitsotakis meeting was, indeed, set for Tues.

A press release by the US embassy in Athens on Thursday clarified that a meeting between Greek Prime Minister Kyriakos Mitsotakis and US President Donald Trump had been scheduled on…

Proposal tabled in Parliament to examine accusations against former alt. justice minister Papaggelopoulos

Thirty deputies from ruling New Democracy (ND) party on Thursday morning submitted a proposal to convene a special Parliamentary committee of inquiry in order to conduct a preliminary investigation into…

Wednesday, 25 September 2019

Migrant crisis, Cyprus dominate Mitsotakis-Erdogan meeting in NYC

A closely watched meeting between new Greek Prime Minister Kyriakos Mitsotakis and powerful Turkish leader Recep Tayyip Erdogan took place on Wednesday, on the sidelines of the UN General Assembly…

More than 14K lightning strikes around, over Greece on Mon.; two fatalities

A severe low front that passed through Greece’s western mainland on Tuesday caused heavy rainfall while also generating more than 14,000 lightning strikes, with two fatalities reported as a result.…

Tuesday, 24 September 2019

Gov’t relieved by PPC’s H1 2019 results; ministers says insolvency avoided

A finalized audit of troubled Public Power Corp. (PPC), the dominant electricity provider in the country, in tandem with H1 2019 results have reportedly provided a fillip to the utility’s…

Mitsotakis to Zaev at UNGS: I opposed Prespa Agreement; once ratified new govt will respect it

Greek Prime Minister Kyriakos Mitsotakis met with his counterpart from North Macedonia, Zoran Zaev, for the first time as the premier on Tuesday, a closely watched and symbolic meeting on…