English

Thursday, 11 July 2019

Mitsotakis to BBC: Challenge is to achieve strong growth with social justice

New Greek Prime Minister Kyriakos Mitsotakis’ first interview to a foreign media outlet was aired on Thursday, and specifically to BBC’s HARDtalk, with the center-right political leader reiterating that his…

E-real estate network head: AirBnB effect in Athens now benefitting outlying inner city district

By T. Igoumenidi [email protected] A local real estate association president told “N” this week that the latest short-term property leasing trend in the greater Athens area, the so-called “AirBnB phenomenon”,…

Weather-related fatalities in northern Greece; six victims reported

Halkidiki prefecture, northern Greece’s pre-eminent tourism destination, was declared in a state of emergency on Thursday, in the wake of last evening’s widespread destruction from a particularly intense storm front,…

Wednesday, 10 July 2019

Νew Starbucks outlet in heart of Athens – Syntagma Square

Starbucks’ newest outlet in Greece opened on Tuesday off iconic Syntagma Square, Athens’ premier plaza, across from Parliament and the Tomb of the Unknown Soldier. The cafe is located in…

Govt: Immediate tabling of bill to accelerate process for massive Helleniko privatization

The new Mitsotakis government on Wednesday afternoon announced the tabling of draft legislation – once the new Parliament convenes – to accelerate the process for the now stalled Helleniko privatization…

Well-known squat of closed Athens hotel abruptly ended

One of the more emblematic “squats” in downtown Athens, the closed City Plaza hotel, abruptly ended on Wednesday afternoon, as the squatters up and left after three years without any…

PPC CEO tenders resignation, will remain in post until govt appoints successor

The president and CEO of Public Power Corp., the state-run and dominant electricity provider in Greece, resigned on Wednesday, with the relevant minister requesting that the executive remain in his…

Commission slightly revises, downward, forecast for 2019 Greek GDP growth, at 2.1%; IOBE points to 1.8%

By N. Bellos [email protected] The EU Commission’s summer report has the Greek economy continuing to growth at a higher rate than the EU average, although warning that the recovering is…

Mitsotakis at inaugural Cabinet meeting: Ministries must meet 6-mo targets

New Greek Prime Minister Kyriakos Mitsotakis reiterated on Wednesday, speaking at the first Cabinet meeting of his majority government, that Parliament will remain open over the summer, with one of…

Public order minister’s first act is to request police leadership’s resignation

New Citizen Protection Minister Michalis Chrisochoidis, who again assumed the sensitive public order portfolio after more than 15 years, on Tuesday cashiered the leadership of Greek Police (EL.AS) hours after…

Govt sources: Ministers tasked with meeting specific 6-mo targets; no hiring of relatives

The first unofficial “spin” by government sources on Tuesday referred to “strict conditions” that will be unveiled by new Prime Minister Kyriakos Mitsotakis for ministers and deputies ministers, with the…

Mitsotakis receives congratulations from Trump

New Greek Prime Minister Kyriakos Mitsotakis spoke by phone with US President Donald Trump on Tuesday evening, local time, with the latter conveying his congratulations over the former’s election victory…

Tuesday, 09 July 2019

Exporters point to ballooning balance of trade deficit in Jan-May 2019 period

The federation of Greek exporters on Tuesday sounded the “warning bell” over what it called a significant increase this year in the balance of trade deficit, mostly generated by a…

New development minister: All obstacles to Helleniko project will be removed

New Development & Investments Minister Adonis Georgiadis, among the most high-profile members of the new Mitsotakis Cabinet, on Tuesday greeted Lamda Development CEO Odysseas Athanasiou in his first meeting since…

Τurkish nat’l arrested on border with more than 1k ancient coins in his possession

A Turkish national traveling on an inter-city bus was arrested on Tuesday at the Kipi border post separating Greece and Turkey after custom officers found more than 1,000 ancient coins…

New energy/environment minister: Priorities include resuscitating long-delayed Helleniko, Skouries projects

New energy and environment minister Costis Hatzidakis, a veteran of past New Democracy (ND) governments, said his ministry’s priorities includes jump-starting two of the biggest investments in Greece that have…

Reports: Mitsotakis in Berlin after Aug. 20; first trip abroad as PM to Cyprus

New Greek Prime Minister Kyriakos Mitsotakis will travel to Berlin during the second half of August, according to reports in Athens on Tuesday, following an invitation by German Chancellor Angela…

Mitsotakis’ first meeting as PM on Tues. with visiting head of SSM

New Greek Prime Minister Kyriakos Mitsotakis’ first meeting on Tuesday, 24 hours after he was sworn-in, will come with SSM chair Andrea Enria, who is in Athens this week. Afterwards,…

New Mitsotakis Cabinet members sworn-in

Members of the new Mitsotakis government, all 51, were sworn-in at noon local time at the presidential mansion in central Athens, with PM Kyriakos Mitsotakis and Greek President Prokopis Pavlopoulos…

Mini heat wave with T-storm in N. Greece on Wed., Thur.

A mini heat wave punctuated by strong thunderstorms is forecast over the coming 48-hour period in Greece. Temperatures of above 40C are forecast on Wednesday in parts of central and…

Body of female discovered in cave in rugged area of Hania prefecture

The body of a female was discovered in a cave on Tuesday in the Xamoudochori site in a rugged portion of Hania prefecture (Platania municipality) on Crete, with authorities attempting…

Public offering for remaining OPAP shares by Sazka Group

Sazka Group, controlled by Czech investor Karel Komarek, has submitted a voluntary public offer for OPAP shares not controlled by the group, the development that caused the gaming and lottery…

Monday, 08 July 2019

Trading of OPAP shares suspended until prospect of public offering resolved

The Athens Stock Exchange (ATHEX) on Monday suspended trading of OPAP’s shares, following a request by the Athens-based gaming and lottery operator. According to reports, the development is linked with…

KINAL party expels two top cadres chosen by Mitsotakis for Cabinet posts; Chrysohoidis returns to public order ministry

Two of the surprise choices by new Prime Minister Kyriakos Mitsotakis for a same-number of Cabinet posts, Michalis Chrysohoidis and Lina Mendoni, at the public order and culture ministries, respectively,…

Final Greek elex tally shows 8.32%-point difference between ND, SYRIZA; 158-MP majority govt

The final difference between first-place New Democracy (ND) and runner-up SYRIZA stands at 8.32 percentage points, the result of Sunday’s general election in Greece. Specifically, center-right ND fell just short…

New Mitsotakis govt announced; 51-member Cabinet to be sworn-in on Tues.

The new Mitsotakis government will feature one of the biggest Cabinets in recent memory, with numerous alternate and deputy ministers – totalling 51 – allocated to more than a dozen…

Moscovici: Only Eurogroup decision can alter Greek fiscal goals

Outgoing European Union Commissioner Pierre Moscovici on Monday expressed a view that Greece has made a “good start” after the end of the third bailout (August 2018), although much needs…

New pro-reform, pro-market Mitsotakis govt in Greece emerges with majority mandate

Kyriakos Mitsotakis will be sworn-in just after 1 p.m. (11 GMT) at the presidential mansion in downtown Athens on Monday, with the Archbishop of Athens and All Greece, Ieronymos, swearing-in…

Mitsotakis to CNBC: Talks with European partners will begin immediately; ND has presented a clear plan, ‘without surprises’

Kyriakos Mitsotakis’ first press statements after Sunday’s election victory by his center-right New Democracy (ND) came during an interview to CNBC, where he expressed gratitude over the election result –…

Sunday, 07 July 2019

Juncker congrats to Greek elex winner Mitsotakis

Outgoing EU Commission President Jean-Claude Juncker offered his congratulations to Greek election winner Kyriakos Mitsotakis on Sunday evening, Tweeting on his official account the following: “@kmitsotakis, I would like to…