English

Wednesday, 22 May 2019

Handelsblatt: Tsipras govt may face ‘sanctions’ by European creditors over abruptly announced relief measures

Handelsblatt on Wednesday cited “heightened opposition” on the part of institutional creditors to an abruptly announced “relief” package by Greek Prime Minister Alexis Tsipras last week, less than a month…

Spyros Kapralos expected to be Greece’s next IOC representative

The International Olympic Committee (IOC) executive board on Wednesday proposed that Greece’s Hellenic Olympic Committee President, Spyros Kapralos, be nominated and approved as an IOC member representing Greece. The IOC’s…

A single arrest made in wake of vandals’ attack on Parliament bldg.

Α sole 36-year-old man was led before an Athens prosecutor on Wednesday on a felony charge stemming from the defacing of Parliament’s main facade a day earlier, when up to…

Thousands of applications filed in first 2 days of e-platforms to settle tax, social security arrears

More than 13,000 applications – by individual taxpayers and businesses – had been received by Wednesday on a new electronic platform set up as part of a program to cover…

Tenders for services at Alexandroupolis, Kavala ports delayed

By V. Vegiri [email protected] Two international tenders for service concessions at the ports of Alexandroupolis and Kavala – but not for the outright management of the state-run port authorities –…

Trainose disqualified from tender for Thriasio II project

FS-owned and managed Trainose, the previously state-run rail operator in Greece, has been disqualified from an international tender for a Freight Railway Station and Marshalling Yard (Thriasio II) within the…

MEP criticizes govt for not participating in joint RescEU program to fight natural disasters

The Tsipras government’s decision not to participate in a joint EU fleet of fire-fighting planes tasked with combating wildfires in the Union caused stepped up reactions in Greece this week.…

PwC: Value of approved, but unfinished infrastructure projects in Greece valued at 25 bln€

Uncompleted infrastructure projects in Greece are valued at 25 billion euros, according to the annual PwC study on the specific sector, which includes transports, energy, tourism projects, irrigation and the…

Greek PM in Bulgaria on Wed. for event marking beginning of IGB pipeline

Greek Prime Minister Alexis Tsipras will travel to the southern Bulgaria town of Kirkovo on Wednesday to join his Bulgarian counterpart, Boris Borisov, in inaugurating the construction phase of the…

Tuesday, 21 May 2019

First pair of Greek F-16s test systems compatibility in North Macedonia’s airspace

A pair of Hellenic Air Force F-16s conducted a first flight in the airspace of neighboring North Macedonia, according to media in the country. The flights are related to a…

Nearly 2K applications in first day of e-platform fielding applications to settle arrears to tax bureau

Roughly 3,000 applications were filed on Tuesday via a new e-platform by taxpayers wishing to settle arrears to the Greek tax bureau, on the first day of its operation. Nearly…

Anarchist protesters deface Parliament bldg in latest action linked to denied prison furlough for jailed terrorist

A notorious self-styled “anarchist collective” struck again on Tuesday, this time reaching close enough to lob paint “bombs” at the Parliament building in central Athens – ostensibly one of the…

ΟΕCD: Pre-election measures by Tsipras govt may undermine Greece’s fiscal credibility

The OECD issued its own “warning bell” on Tuesday, a day after Fitch ratings expressed its concern, over the possibility of a fiscal “hiccup” by Greece in 2019, in touching…

Light quake, 4.4 on R scale, recorded off SW Greece

A light earthquake, measuring 4.4 on the Richter scale, was recorded at 11:58 a.m. (09.58 GMT), with an epicenter some 10 kilometers west of the western Peloponnese harbor town of…

Study details Greek borrowers’ characteristics before, after econ crisis

Two general examples of borrowers have emerged during the bailout era in Greece, the first aged between 40 to 59 years old, in most cases a wage-earner and owner of…

Monday, 20 May 2019

Olympiacos basketball team’s ‘no show’ against Panathinaikos on Mon. may cost it relegation

The Olympiacos BC team failed to show up on Monday for the first game of a playoff series against arch-rivals Panathinaikos BC, as the team’s owners and management had promised…

Athens improved, but still in low 34th place on Deutsche Bank’s quality of life index

An annual Deutsche Bank survey shows the quality of life index for Athens still lacking, compared to other European metropolises, but nevertheless improved from recent years. The survey gauges remuneration…

High court upholds first bailout-era decision to axe ’13th’, ’14th’ salaries for wider public sector employees

A plenary session of Greece’s Council of State (CoS), the highest administrative court in the country, has reportedly upheld past government decisions to abolish two extra monthly payments for civil…

HFSF, BoG plans to reduce Greek banks’ bad debts’ delayed by Euro-elex, complicated approval process

By E. Sakellari [email protected] European Parliament elections along with detailed “Eurocratic” procedures have delayed approval of two crucial framework plans, one designed by the Hellenic Financial Stability Fund (HFSF) and…

Fitch ‘warning bell’ over recent loosening of Greek fiscal ‘strings’

The abruptly announced loosening of fiscal discipline by the Greek government last week – modest tax breaks, a lowering of certain VAT rates and the reinstitution of a pension bonus…

Greek PM alludes to granting ’14th pension’ in end 2019, as Europarliament elex now a week away

Greek Prime Minister Alexis Tsipras on Monday “upped the ante” ahead of Sunday’s European Parliament election, telling a radio news program that his government’s goal is to extend an end-of-the-year…

Stabbing incident in Thessaloniki after Sunday rally for Pontian genocide

A stabbing incident occurred in Thessaloniki on Sunday evening immediately after a large rally in the city’s center to commemorate the centennial of the Pontian Genocide in northwest Turkey, with…

Greek FinMin confirms: Strict reax by ESM’s Regling over recent govt measures

Greek Finance Minister Euclid Tsakalotos on Monday admitted that Athens’ delegation at a Eurogroup meeting last Thursday was the recipient of a “strict reaction” by ESM Managing Director Klaus Regling,…

Israeli funds particularly active in Thessaloniki real estate market

By V. Vegiri [email protected] Roughly 30 properties in the center of Thessaloniki, and in the greater metro area, have been purchased by Israeli interests over the recent period, mostly by…

Metro wagons vandalized with graffiti days after ‘inauguration’ atop truck bed

Days after a top government minister, a mayoral candidate backed by ruling SYRIZA party and a bevy of local officials “inaugurated” four metro wagons loaded onto a truck outside a…

Saturday, 18 May 2019

High court prosecutor intervenes in N17 terrorist’s furlough request; overturns previous rejection

The head of the supreme court prosecutor’s office on Friday evening overturned a ruling, issued the previous week by a regional judicial council, that had rejected a prison furlough request…

461-million-euro contract for replacement of urban buses in Athens, Thessaloniki

Several major bus makers are reportedly ready to vie for a 461-million-euro contract that envisions the replacement of 32 percent of the vehicles operated by the state-run mass transit company…

Friday, 17 May 2019

BoG: Primary budget surplus reduced in Jan-Apr 2019 compared to same period in 2018

The primary budget surplus over the Jan-Apr 2019 is slightly down compared to the same period of 2018, 1.156 billion euros, compared to 1.586 billion euros in the first four…

Zuckerberg couple’s selfie atop the Acropolis in Athens

The founder of Facebook, Mark Zuckerberg, posted a selfie of himself and his wife, Priscilla Chan, from atop the Acropolis in central Athens on Friday – on Facebook, of course.…

Cyprus President Anastasiades briefs US NSA John Bolton over continued Turkish provocations in Cypriot waters

Cyprus President Nicos Anastasiades spoke by phone on Friday with US National Security Advisor John Bolton, with diplomatic sources later telling media on the island republic that the former initiated…