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Friday, 05 April 2019

Pentagon official: Greece among countries where F-35 sales possible

The US is examining the prospect of selling the Lockheed Martin’s 5th generation F-35 to Greece, a top Pentagon official told members of a US Congressional committee on Thursday, a…

Greek-language ‘The Waiter’ film debuts this week

The directorial debut of Steve Krikris will be on the screens in Athens this week with the debut of “The Waiter”. The “new noir” film is set in the “darker…

Eurogroup: Tsipras govt again promised to implement cut in annual tax-free income threshold; implement reforms, privatizations

The Eurogroup on Friday added a few “sticks” to the “carrots” provided to Athens with the release of 970 million euros, as part of a 2017 debt relief package, reiterating…

Claim of ‘open border’ by pro-refugee FB page cited as cause for mass rush towards frontier; violence reported

A claim issued by a pro-refugee Facebook page and subsequent Internet reproductions that Greece was “opening its borders” with North Macedonia to allow third country nationals to exit without travel…

Eurogroup finally OKs debt relief tranche to Athens; ESM positive over early payment of IMF loans

The European Stability Mechanism (ESM) is positive to the prospect of thrice bailed-out Greece paying off loans extended to the country by the IMF, the emergency fund’s managing director, Klaus…

April 2019 a ‘mense horribilis’ for Greece’s self-employed professionals due to 4 types of social insurance payments

By S. Papapetros [email protected]   Some 1.5 million self-employed professionals in Greece – out of a total population of some 11 million in the country – must fork over four…

Serious incident in Exarchia district, as assault rifles seen in latest attack on law enforcement officers

The latest high-profile incident in Athens’ Exarchia district, considered the Greek capital’s “hub” for anti-state activists and groupings, came on Thursday evening, when eight coast guard officers and a prosecutor…

Thursday, 04 April 2019

Conference on ‘Shipping Economy & Greek Growth in Thessaloniki’ on Friday

The Maritime Economic Forum, an initiative by local NGOs and Thessaloniki residents, will host its inaugural conference in the northern Greece city on Friday, on the issue of “Shipping Economy…

Protest by migrants in northern Greece in demand of passage to Germany

Tension erupted on Thursday afternoon outside a one-time military camp now used as a migrant shelter, as some 500 asylum-seekers and other third country nationals, including families, set up tents…

Finance ministry: Arrears to the private sector up in Feb. 2019

Greece’s finance ministry on Thursday reported an increase, in February, of arrears by the state owed to the private sector. According to figures for the general government released by the…

Greek, US, Italian and Israeli fighter planes in formation over Athens on Thurs.

Seven fighter planes from four allied air forces – Greece, the United States, Israel and Italy – flew through a sunny Athenian sky on Thursday afternoon, part of the annual…

First of 70 OH-58D Kiowa Warrior helicopters for Greek armed forces due to arrive within days

The first OH-58D Kiowa Warrior helicopters sold by the United States to Greece will arrive in the country within a few days. According the Hellenic Army general staff office, the helicopters…

State’s conditions, such as right of veto, reportedly sink int’l tender for Hellenic Petroleum

By K. Deligiannis [email protected] The failure to attract even one binding offer for a majority stake and the management of Hellenic Petroleum (HEL.PE S.A), the biggest petrochemical concern in Greece…

Early morning clashes at Rhodes hotel where trade union umbrella group general assembly was due to open

By S. Papapetros [email protected] The biggest trade union body (GSEE) in Greece is again faced with the prospect of canceling its 37th general assembly, after unprecedented clashes at a Rhodes…

Mytilineos wins 118-mln€ contract for power plant in Slovenia

Greece-based Mytilineos this week announced that it has signed a contract with Janvo Podjet Energetika Ljubljan, in Slovenia, worth 118 million euros for the study, procurement and construction of a…

Cosco-led Piraeus Port Authority eyes 3 options after abrupt Greek state bureaucratic hurdles to 600-mln€ master plan

By A. Tsimplakis [email protected] The Cosco-managed Piraeus Port Authority (PPA) is now reportedly falling back on three options to react against the latest – and very prominent – obstacle placed…

Wednesday, 03 April 2019

High court ruling says current framework for VTLs in Greece illegal; presidential decree needed

A Council of State (CoS) ruling this week has declared the current operation of video lottery terminals (VLTs) by the ATHEX-listed Greek Organisation of Football Prognostics S.A. as illegal, pending…

Final approval for 150-mln€ Attica Group corporate bond issue expected

By I. Zafolia & A. Tsimplakis The Hellenic Capital Market Commission (HCMC)  is reportedly ready to finalize a review of Attica Group’s investor bulletin for a corporate bond worth 150…

EuroWorking Group ‘OK’ for first one-billion-euro disbursement to Greece; part of debt relief measures

The EuroWorking Group on Wednesday, as widely expected, gave its approval for the disbursement of a nearly one-billion-euro tranche to Greece, hours after a positive EU Commission report and ahead…

Archaeological council decision one of a handful of obstacles now blocking Cosco’s master plan for Piraeus Port Authority

Concerns by the Cosco-managed Piraeus Port Authority over “redtape-coated” obstacles in its 600-million-euro master plan materialized on a grand scale on Tuesday evening, with a decision by an influential culture…

No binding offers submitted for majority stake of Hellenic Petroleum

No binding offers were submitted by the ascribed deadline to the Hellenic Republic Asset Development Fund (HRADF) for a 50.1-percent stake in Hellenic Petroleum S.A. (Hel.pe), Greece’s biggest petro-chemical group,…

Commission report provides ‘green light’ for post-bailout evaluation, 975-mln€ tranche to Athens

By N. Bellos [email protected]   The EU Commission’s updated report, which will be tabled at the Eurogroup meeting on Friday in Bucharest, provides the “green light” for approving the second…

Tsipras reference to ‘Mikra airport’ generates heated reaction in Greece

One of the more eyebrow-raising quips by Greek Prime Minister Alexis Tsipras from Skopje on Tuesday was his reference to the “airport of Mikra”, the name of the Macedonia Airport…

Controversial decision by archaeological council designates large portion of Piraeus as protected zones

The Central Archaeological Council’s (KAS) abrupt decision on Tuesday evening to declare a large portion of the municipality of Piraeus as entailing “archaeological interest” generated a sharp reaction on Wednesday.…

Tuesday, 02 April 2019

Some 60.5K businesses, self-employed professionals in Greece ready to apply for out-of-court arrears settlement process

Nearly 60,500 businesses, self-employed professionals and professional farmers have so far commenced – but not finalized – the process to apply for an out-of-court settlement framework for arrears to the…

Tsipras’ greatest political achievement is also his (second) biggest risk

In landing in what up until a few months ago was the “Alexander the Great” airport of Skopje, Greek Prime Minister Alexis Tsipras on Tuesday was capitalizing on what is…

Moody’s: Modest hike in Greek real estate prices after 10 years of decline; obstacles remain

Real estate prices in Greece will continue to increase, on average, but at ονλυ very moderate rates over the next 12 to 18 months, according to Moody’s. The international ratings…

Νew study shows benefits from including famous Kalamata olives in diet

The renowned Kalamata variety of olives entail significant nutritional benefits, a study by Greek researchers recently showed. The clinical study, according to the Greek national news agency, was based on…

Tsipras arrives in Skopje for historic visit; major govt, business delegation in tow

Alexis Tsipras arrived in Skopje, North Macedonia, on Tuesday morning for a historic first-ever visit by a standing Greek prime minister, heading up a delegation of 10 ministers and scores…

Greek legal expert Sicilianos elected as new ECHR president

The European Court of Human Rights (ECHR) on Monday elected Greek law professor and veteran ECHR jurist Linos-Alexandre Sicilianos as its new president. He will take office on May 5,…