English

Wednesday, 07 Αυγούστου 2019

Tom Hanks’ ‘perfect car’ during Grecian vacation

Academy Award-winning Hollywood actor Tom Hanks described his “dream car” on Wednesday in a post on his personal Facebook page, accompanied by him next to a warn-out and older model…

Body of missing UK woman, 35, located in gorge on Ikaria island

The body of a missing 35-year-old British woman, missing since Monday, was located at the bottom of a remote 20-meter gorge on the eastern Aegean island of Ikaria on Wednesday…

Parliament majority rejects opposition bid to declare draft bill amendments unconstitutional

A majority of Parliament deputies on Wednesday rejected a motion by main opposition SYRIZA party to declare certain amendments in an omnibus draft bill unconstitutional, namely, provisions dealing with the…

Unique Hellenistic tomb discovered in northern Greece

A unique, for the northern Greece region, ancient tomb and artifacts were recently uncovered at the Mavropigi site in Kozani prefecture, a find that came to light during excavation works…

Urgent measures to reduce flight delays at airports around Greece, amid peak season

By F. Zois [email protected] Greece’s transport ministry this week issued urgent measures to reduce increasingly long delays for flights at various airports around the country, especially at well-known tourism destinations,…

Tuesday, 06 Αυγούστου 2019

Shipping minister receives Chinese envoy; confidence that extra Cosco investments will begin immediately in Piraeus

New Shipping Minister Yannis Plakiotakis on Tuesday afternoon received Chinese Ambassador to Greece Zhang Qiyue, with the latter underlining the importance that Beijing ascribes to the implementation of Cosco’s master…

UGS: Greek-controlled shipping accounts for 53% of EU total; 21% of global fleet

Greek-controlled ocean-going shipping accounts for 53 percent of the European Union total, and 21 percent of the global fleet, figures in the annual report by the Union of Greek Shipowners…

Once explosive Novartis kickbacks probe against 10 politicians continues to fizzle out

The latest case file involving one of 10 top Greek politicians who are the subject of the ongoing but sputtering Novartis kickbacks investigation – based on the sealed testimony of…

Sector reactions against PPA intent to create register of ship-repair businesses allowed in port

By A. Tsimplakis [email protected] The Hellenic ShortSea Shipowners’ Association (EENMA) this week expressed its complete opposition to what it called practices and procedures that will curb or weaken a shipowner…

Govt leaves open possibility of controlling share tenders for 10 regional port authorities

By A. Tsimplakis [email protected] The new shipping minister this week left open the possibility to alter the model for commercially exploiting 10 regional ports in the privatization agency’s (HRADF) portfolio…

Copelouzos group acquires 10%-stake of consortium with controlling share of Greece’s natgas system operator

The Athens-based Copelouzos group on Tuesday announced the purchase of a 10-percent stake in the Senfluga Energy Infrastracture. The latter has acquired a 66-percent stake of Greece’s natural gas transmission…

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…