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Wednesday, 11 September 2019

Body of missing British mountain climber discovered in remote NW Greece gorge

The body of a missing 26-year-old British mountain climber was located on Wednesday in a remote gorge near Mt. Astraka, near the northwest Greek town of Konitsa. His vehicle was…

Interest expressed for unfinished commercial high-rise downtown Piraeus

By T. Igoumenidi [email protected] A consortium comprised of National Pangaea, Dimand and the European Bank for Reconstruction and Development (EBRD) will reportedly acquire a 99-year concession for a half-finished high-rise…

Greek govt OKs sale of 30% stake in Athens int’l airport

The Greek government on Wednesday approved of the sale of a 30 percent stake owned by the state in the Athens International Airport, with the shares currently held and managed…

Weak quake, 3.8R, felt in greater Athens area

A 3.8 on the Richter scale earthquake was felt in the greater Athens area on Wednesday. The quake was recorded at 11.13 a.m. (09.13 GMT), and pinpointed in a coastal…

Tuesday, 10 September 2019

EBRD to open office in Thessaloniki

The EBRD on Tuesday announced that it was establishing an office in Thessaloniki, Greece’s second largest city, which will focus on the support of small and medium-sized enterprises (SMEs). According…

Margaritis Schinas appointed as new Commission VP

Former EU Commission spokesman Margaritis Schinas, Greece’s nominee for the new EU executive, has been appointed as its vice-president, following a decision on Tuesday by European Commission President-elect Ursula von…

Monday, 09 September 2019

Greek hotels continue to rate well compared to competitor countries, ReviewPro survey shows

By L. Karageorgos [email protected] Greece’s hotels continue, in broad terms, to record a higher level of satisfaction by foreign guests, compared to rivals, a trend that emerged in 2018, according…

Performer Macheritsas, 62, dies from sudden heart attack

Greek performer Lavrentis Macheritsas, 62, one of the protagonists in Greece’s “new wave” rock scene in the 1980s, and a successful solo performer since then, died on Monday morning after…

Sunday, 08 September 2019

PM confirms that Athens will request to payoff some IMF loans before maturity; reducing fiscal targets a standing goal

Greek Prime Minister Kyriakos Mitsotakis on Sunday confirmed that his government will convey an official request for the early repayment of  a portion of loans owed to the IMF, saying…

Friday, 06 September 2019

Port of Piraeus tops Valencia as Med’s largest container port, according to ‘N’ information

By L. Karageorgos [email protected] The port of Piraeus, as widely forecast over the recent period, has climbed into first place in terms of container traffic in the Mediterranean, exceeding the…

Opinion poll: ‘Honeymoon’ period continues for new Mitsotakis govt in Greece

One of the first opinion polls after the July 7 election this week has ruling New Democracy (ND) party extending its voter approval ratings and its distance from main opposition…

Greek exports rebound in July 2018; rising trend in imports continues

Greek exports rebounded in July 2019, posting a 7.2-percent increase, compared with the same month in 2018, although concerns over a wider balance of trade emerged with equally rising imports.…

Thursday, 05 September 2019

Reports: BoG Gov. Stournaras says 3% GDP growth in Q3 2019 possible, after all; fiscal targets achievable

Greek central banker Yannis Stournaras appeared more optimistic over the the country’s economic performance in 2019, reportedly telling the Belgian Business Club (BBC) on Thursday that GDP growth could, after…

US Sec’t of Commerce Ross in Athens: Reduce taxes, ‘red tape’ and investments will flow

By V. Kostoulas [email protected] Visiting US Secretary of Commerce Wilbur Ross, a noted American investor before assuming a Trump administration Cabinet post, appeared guardedly optimistic on Thursday over investment prospects…

Only 26% of properties in Greece registered with nat’l cadastre

By T. Igoumenidi [email protected] The recording of property assets in Greece, as part of the nascent national land registry program, continues to hover at extremely low rates, as only 26…

3 Greek construction companies in Deloitte’s ‘Top 100’ globally for 2018

Three Greece-based construction companies are included in this year’s global “Top 100”, compiled and listed in the annual Deloitte Global Powers of Construction (GPoC) report, namely, Ellaktor, Mytilineos Holdings and…

Overnight wildfire near site of deadly 2018 blaze under control on Thurs.

A sudden wildfire that erupted overnight in the Nea Makri municipality, in coastal east Attica prefecture, was reportedly contained by daylight, according to authorities, although the blaze had first scorched…

Wednesday, 04 September 2019

Athens pleased with Lagarde comments over excessive fiscal targets for Greek state

Outgoing IMF Managing Director Christine Lagarde, the nominee expected to assume the helm of the European Central Bank (ECB), on Wednesday appeared as a Greek government ally, as far as…

Govt issues previously blocked permits to Hellas Gold for mining concession; satisfaction by parent company

The relevant environment and energy ministry approved of three permits, as widely expected, for the delayed-plagued Hellas Gold mining operations in northern Greece’s Halkidiki prefecture, especially at the Skouries site,…

Greek GDP rate grows in Q2 by 0.8% compared to Q1; 1.9% on annual basis

The rate of economic growth in thrice bailed-out Greece (2010-15) continued to increase in 2019, with GDP rising in the April-June period on the back of higher public consumption, and…

Tuesday, 03 September 2019

Site in industrial Aspropyrgos district recommended for relocation of main prison complex

A relevant public order ministry committee has recommended that a former NATO base in the heavily industrialized district of Aspropyrgos, west of the greater Athens-Piraeus area, host the relocated Korydallos…

Mitsotakis from the Netherlands: Greece does not forget that Europe stood by its side

Greek Prime Minister Kyriakos Mitsotakis arrived in The Hague on Tuesday for another visit to a major EU member-state, this time in the Netherlands and a meeting with his Dutch…

Monday, 02 September 2019

Latest round of high court rulings in favor of Hellas Gold over Skouries mine; new govt promises immediate licenses

The relevant energy and environment ministry on Monday referred to a trio recent of high court rulings in favor of Hellas Gold, which operates the delay-fraught concession for the Skouries…

Development minister: Six high-rise buildings at Helleniko site

The relevant development and investments minister on Monday told news radio program that no less than six high-rise buildings are planned for construction at the Helleniko site in coastal southeast…

Sunday, 01 September 2019

First transfer of 1.5K asylum seekers from Lesvos this week; new govt promises to better guard borders

The Greek government on Sunday announced that up to 1,500 third country nationals – asylum seekers and would-be migrants – will be transported from the eastern Aegean island of Lesvos…

Mitsotakis to Observer: Athens will ask for loaning of Parthenon Marbles amid 2021 series of events

Greek Prime Minister Kyriakos Mitsotakis referred to the “loaning” of the Parthenon Marbles – 14 friezes or metopes – from the British Museum in London to Greece on the occasion…

Saturday, 31 Αυγούστου 2019

Mitsotakis govt announces measures to prevent another 2015-like migrant/refugee crisis

A recent spike in the number of landings of vessels carrying irregular migrants and would-be asylum seekers to a handful of eastern Aegean islands generated a Greek government reaction on…

Friday, 30 Αυγούστου 2019

Major spike in number of illegal migrants, would-be asylum seekers landing in Lesvos this week

A significant spike in the number of small craft carrying third country nationals, mostly Afghans, to the eastern Aegean island of Lesvos (Mytilene) was recorded on Thursday, with no less…

Cosco-led Piraeus Port Authority submits revised master plan; worth 800 mln€

By L. Karageorgos [email protected] A revised master plan by the Cosco-managed Piraeus Port Authority was tabled on Friday for review by a shipping ministry ports committee in the coming period.…

Merkel praises reform package presented by Greek PM Mitsotakis in Berlin on Thur.

The first meeting between Angela Merkel and new Greek Prime Minister Kyriakos Mitsotakis in Berlin, since the latter assumed power after the July 7 election, was viewed as positive and…