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Tuesday, 06 Αυγούστου 2019

Intense search continues for missing UK woman, 35, on Ikaria

Intensive search efforts are continuing on the eastern Aegean island of Ikaria for a 35-year British woman last scene on Monday. The woman, an astrophysicist based in Cyprus, was vacationing…

Gov’t promises simplified seaplane route framework within 2 months

The new government on Tuesday announced a two-month timetable to compose, present and ratify a a simplified legal framework for the operation of seaplane routes in Greece, which has numerous…

N. Greece archaeologist cites forgotten bust of Alexander the Great in museum’s warehouse

A late Hellenistic-era bust purportedly showing Alexander the Great has been “rediscovered” in the warehouses of the archaeological museum of Veria, in northern Greece. The find was announced by head…

Greece, US agree to step up cooperation in energy sector

Athens and Washington on Tuesday agreed to deepen cooperation in the energy sector, a volition confirmed during a meeting in Athens between new Deputy FM Constantinos Frangogiannis with visiting US…

Monday, 05 Αυγούστου 2019

Negotiations with European creditors to determine time, scope of Greek govt’s tax breaks

By T. Tsiros [email protected] Negotiations with European creditors, as widely expected, over “fiscal space” in the 2020 budget will determine both the substance and timetable for ratifying tax breaks promised…

Study: 40 new hotel units in Athens over first 7-months of 2019

By A. Tsimplakis [email protected] Only one of four new dwellings that were inaugurated in Athens over the first seven months of 2019 are in hotel units, according to a report…

Another pool drowning; two sea fatalities reported in Greece over weekend

A worrying spate of drowning deaths continued in Greece over the weekend, with a 43-year-old Finnish woman found lifeless in a hotel’s pool in the eastern Aegean island of Samos…

Friday, 02 Αυγούστου 2019

e-bookkeeping for business, self-employed professionals to become mandatory in Greece as of 2020

Bookkeeping and accounting practices for Greece’s mostly SME-dominated private sector will be ushered into the 21st century as of 2020, with all forms of businesses and self-employed professionals obliged to…

Greek volleyball federation protest over alleged Prespa agreement violation

Greece’s volleyball federation on Friday sent a note of protest to the European federation (CEV) over a video that purportedly shows the men’s team of the Republic of North Macedonia…

Turkey’s interior minister: Roughly 8,000 Gulenists have fled country for Greece

Turkey’s interior minister, Suleiman Soylu, on Friday claimed that at least 8,000 members of the Gulen movement have fled Turkey by using the migrant smuggling routes used third country nationals…

Dijsselbloem in Athens to promote IMF candidacy

A meeting in Athens on Friday afternoon between Finance Minister Christos Staikouras and former Eurogroup president Jeroen Dijsselbloem concluded without any statements to reporters made afterwards. As is widely reported,…

Relevant minister: Dominant electricity utility PPC ‘may or may not make it’

New environment and energy minister Kostis Hatzidakis, a veteran of previous New Democracy (ND) governments, on Friday returned to the debt-laden and — of late — loss-making Public Power Corp.…

High court prosecutor’s office to review controversial ruling that released ex-police officer convicted in teen’s slaying

A controversial ruling by a mixed jurist-juror appellate court in the south-central Greek city of Lamia this past week, which essentially allowed the early release of an ex-police guard responsible…

Reuters: BoG to recommend lifting of last cap controls in Greece by Sept. or Oct. 2019

The Bank of Greece (BoG), as widely expected, will recommend the full lifting of whatever capital controls are still imposed in the country, as of September or October 2019, according…

Govt denies press report of tele-conference between Greek FinMin, European creditors’ reps

The finance ministry on Friday denied a same-day press report, circulated in Athens, claiming a tele-conference between Greek Finance Minister Christos Staikouras with representatives of the country’s European creditors. Ministry…

Cosco expected to re-submit 612-mln€ Piraeus Port Authority master plan, following contacts with new gov’t

By A. Tsimplakis [email protected] Greece’s new shipping and island policy ministry leadership is now expecting the timely re-submission of a 612-million-euro master plan by the Cosco-managed Piraeus Port Authority (PPA),…

Thursday, 01 Αυγούστου 2019

Minister: No new deadline extension for Helleniko casino concession; Mohegan, Hard Rock Int’l in the running

The relevant development and investments minister on Thursday again engaged in an “ad hoc” initiative to jump-start the delay-plagued Helleniko privatization, this time meeting with two investment schemes interested in…

NBG announces sale of 1.2-bln€ NPL portfolio to CarVal

National Bank of Greece on Thursday announced the sale of another portfolio of unsecured NPLs, this time to CarVal, valued at 1.2 billion euros. In a press release, NBG stated…

Five countries account for nearly half of Greece’s tourism sector turnover

Germany, the United Kingdom, the United States, France and Italy are Greece’s main markets for tourism revenues, with the five – and to a lesser extent, Russia – accounting for…

Seismic activity continues in greater Athens area; 3.5R quake on Thurs. afternoon

A weak earthquake, identified as an aftershock from last week’s seismic activity, was reported in the greater Athens area just after 4:30 p.m. local time (16.30 GMT). The quake was…

Gerekou appointed as president of National Tourism Organization

Former tourism minister Angela Gerekou, a one-time deputy with the PASOK party and later a Parliament deputy candidate with New Democracy (ND), has been appointed as the president of the…

3 pool drowning deaths of French teen sisters, Israeli child shock summer-time Greece

Three pool drownings in two hotels around Greece have shocked public opinion amid the height of the peak summer season, with two French teenage sisters and an eight-year-old Israeli girl…

Wednesday, 31 July 2019

Scattered rioting in central Athens a day after teen’s killer freed from prison via early release

Groups  of mostly masked protestors threw firebombs at nearby riot police near central Athens’ Exarchia on Wednesday evening, a day after a one-time special police guard was set free after…

Mitsotakis: Giving Greek citizens living abroad the right to vote from their place of residence a priority

Greek Prime Minister Kyriakos Mitsotakis on Wednesday evening said a legislative initiative to grant voting rights to Greek citizens living abroad will be separated from a draft law revising the…

Titan Group announces H1 2019 results

TITAN Group on Wednesday disclosed first half 2019 results, showing growth in sales revenue in all regions of operation, with the exception of  the eastern Mediterranean. Consolidated turnover for the Group reached €785.4m, recording a 10.2-percent increase compared to the same period of 2018. Titan said this is …

Hellenic Financial Stability Fund: Best-practice proposals accepted by NBG’s board

The Hellenic Financial Stability Fund (HFSF) on Wednesday announced that a series of proposals it made to the board of directors of the National Bank of Greece (NBG) have been…

Majority of MPs vote to lift Parliamentary immunity for controversial ex-minister Polakis

A majority of Parliament deputies on Wednesday voted to lift the immunity of SYRIZA MP Pavlos Polakis, among the most controversial and outspoken ministers in the previous Tsipras government Cabinet,…

Gianna Angelopoulos-Daskalaki chosen to head com’t for commemoration of 200th anniversary of Greek Independence in 2021

Gianna Angelopoulos-Daskalaki has been chosen by the new Greek government to head up a blue-ribbon committee that will organize events for the 200th anniversary of the Greek Revolution, which is…

Acropolis elevator repaired; used to carry people with mobility problems

A sole external elevator used to transport people with mobility problems up and down the Acropolis – Greece’s pre-eminent archaeological site and attraction – was returned to operation on Wednesday,…

Mainland-Crete power connection now the priority, just ahead of Israel-Cyprus-Greece grid interconnector

Greek environment and energy ministry officials, speaking on Cyprus this week, emphasized that the new Mitsotakis government in Athens considers the power grid connection between Israel, Cyprus and Greece as…