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Friday, 09 Αυγούστου 2019

Well-known artist Takis passes away at age 94

Well-known Greek artist Takis, born Panayiotis Vassilakis, has passed away at the age of 94. His death was announced by the Takis Foundation on Friday morning. Takis best-known works include…

Govt passes abolition of ‘written justification’ clause by employers for firings, lay-offs

By S. Papapetros [email protected] One of three “last-minute” riders attached to draft legislation eventually approved by a majority of ruling ND deputies on Thursday abolished labor law provisions mandating that…

Thursday, 08 Αυγούστου 2019

Greek Parliament Budget Office cites improvement in liquidity for Greece’s 4 systemic banks

Parliament's Budget Office on Thursday referred to an improvement in liquidity for Greece's four systemic banks, as far as their capital sufficiency is concerned, both the Common Equity Tier 1…

Athens points to continuing drop in borrowing cost in argument to ease annual fiscal targets

By T. Tsiros  [email protected] Greece’s finance minister, Christos Staikouras, had officially broached the new Mitsotakis government’s standing desire to reduce creditor-mandated annual primary budget surplus targets, as a percentage of…

Significant archaeological find on Tinos; numerous marble grave markers (steles)

A large number of grave markers (marble steles), dated to the Classical era, and some with intricate engravings still very visible, were discovered during excavations by University of Athens archaeologists…

Law scrapping uni asylum, return of certain executive powers to mayors passed by Greek Parliament

A majority of Parliament deputies – all from the ruling New Democracy (ND) party – on Thursday afternoon approved three very high-profile and urgently tabled draft laws that essentially fulfill…

Govt tables draft law to cap maximum total monthly pension benefits at 4,608€; opposition furious

The government submitted a last-minute draft amendment on Thursday – the last day of the current legislative session – to institute a new maximum monthly ceiling for social insurance benefits…

Wednesday, 07 Αυγούστου 2019

Greek PM tours exhibition of works by late photo-journalist Behrakis

Greek Prime Minister Kyriakos Mitsotakis and his wife, Mareva, on Tuesday evening toured a photographic exhibition featuring 70 of the most characteristic images taken by late Reuters photojournalist Yannis Behrakis.…

New Hel.Pe board announced; ex-FinMin Papathanasiou returns as president, CFO takes over CEO post

The new board of directors of Hellenic Petroleum (Hel.Pe), Greece’s biggest and partially state-run petro-chemical concern, was announced on Wednesday, with former finance minister Yannis Papathanasiou returning as the non-executive…

Arrears towards Greece’s social security funds drop by 248.35 mln€ in Q2 2019

By S. Papapetros [email protected] Arrears towards Greece’s social security funds were reduced by 248.35 million euros in the second quarter of 2019, compared to the preceding quarter – Jan-Mar 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…