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Monday, 25 February 2019

First official reax to BBC article on ‘invisible Macedonian Slavs’ in Greece comes from Greek ambassador

The first – official – reaction to a BBC article on Sunday entitled “Greece’s invisible minority – the Macedonian Slavs” came via a lengthy letter sent to the British media…

Heavy T-storms batter western Crete

Torrential rains have battered western Crete over the past two days, with two bridges in rural areas collapsing from floodwaters and at least one man, a 61-year-old stockbreeder, missing in…

Reports: Creditors press for details over new legal framework protecting primary residences

By E. Sakellari [email protected] Representatives of Greece’s European creditors and the IMF — the “quartet” — are expected to receive the entire draft text of a proposed new legal framework…

G. Papandreou: No cooperation with those that called us ‘collaborators’; ‘SYRIZA will lose’ next elex

Former prime minister and PASOK party leader George Papandreou on Monday dismissed rampant press reports of late claiming a “political flirtation” with ruling SYRIZA. Speaking on a morning current affairs…

Dep. Minister leaves open possibility of businesses being included in 120-month plan to cover arrears to social insurance fund

By S. Papapetros [email protected] Greek Deputy Labor Minister Anastasios Petropoulos detailed the government’s proposal – in an interview with “N”, published on Monday – for a 120-month installment plan to…

Olivia Colman picks up best actress Oscar as ‘Lanthimos watchers’ in Greece stay up for Academy ceremony

Olivia Colman won the Oscar for best actress at Sunday’s 91st Academy Awards in Los Angeles, the only one of the 10 nominations associated with Greek director Giorgos Lanthimos’ “The…

HFSF CEO cites measures for returning Greek banks to viable growth

By E. Sakellari [email protected] Guarantees worth five billion euros may be sufficient to slice off up to 15 billion euros of “bad debt” burdening the balance sheets of Greece’s four…

Sunday, 24 February 2019

First ‘ripple’ in post-Prespa period after BBC article; diplomatic sources refer to inaccuracies

One of the first “ripples” in Greece in the post-Prespa agreement period came on Sunday, with a BBC report headlined “Greece’s invisible minority – the Macedonian Slavs” raising heckles by…

Friday, 22 February 2019

Ministries requested to supply econ forecasts for revised Medium-Term Fiscal Strategy Framework

An urgent circular was issued by Alternate Finance Minister Giorgos Chouliarakis on Friday requested economic forecasts by all ministries in order to compile a revised Medium-Term Fiscal Strategy Framework. The…

Temes acquire controlling stake in company that owns Athens Hilton

The Temes group on Friday announced that it was acquiring a controlling interest in the company that owns the iconic Athens Hilton, after increasing its stake. The agreement foresees that…

Minister: Turkey’s shipping sector worth 17.5 bln USD

Turkey’s relevant minister this week claimed the country’s shipping sector is worth 17.5 billion USD, while employing one million people. Turkish Transports and Infrastructure Minister Cahit Turhan told attendees at…

Gaming license for Helleniko site at 30 years; deadline for bids by April 22

A gaming license for the Helleniko site in coastal southeast Athens – included in one of the biggest land redevelopment projects in Europe – will extend for 30 years, according…

Flu-related deaths in Greece reach 74

Flu-related deaths in Greece have reached 74 over the current winter season, with the H1N1 strain cited as the cause. According to a weekly bulletin released by the country’s disease…

Mitsotakis in Moscow next week

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis will travel to Moscow at the end of the month, where he is scheduced to be received by Russian Prime Minister Dimitri…

Bill containing concession for new airport on Crete to be tabled within days

By F. Zois [email protected] A draft bill that includes a concession contract for a new airport at the Kasteli site, in Irakleio prefecture of Crete, is headed to Parliament for…

Greece: Tourism revenues, arrivals post records in 2018

Tourist arrivals and sector-related remittances posted, as expected, new records in Greece last year, in 2018, according to Bank of Greece provisional data released on Thursday regarding the balance of…

Thursday, 21 February 2019

Reports: Govt, banks agree to one-year duration for new framework to protect primary residences from creditors

The government and the heads of Greece’s four systemic banks on Thursday agreed that a new legal framework to protect primary residences in the country from creditors – as well…

Latest poll puts ND’s lead over SYRIZA at 14.5% points

One of the biggest leads to emerge in recent opinion polls was reported on Wednesday, with the Public Issue firm giving main opposition New Democracy (ND) party a 14.5-percentage point…

Heavy snowfall foresee for parts of Greece over weekend

A cold front accompanied by snowfall, even in the lowlands of central Greece, is forecast for the weekend. Heavy snowfall is forecast for the mountainous and semi-mountainous regions of the…

Greek FinMin: We’ll support ND renegotiation of fiscal target

Greek Finance Minister Euclid Tsakalotos followed political rival Kyriakos Mitsotakis in an appearance on CNBC this week, where, among others, he said that in the “unfortunate case” that the latter’s…

29 third country nationals located, towed off coast of NE Greece

Τwenty-nine third country nationals – no information was given on nationalities, age or gender – were located in a sea region between the northeast island of Samothrace and the Greek…

Study: Greece second in Europe, after Hungary, on Authoritarian Populism Index

Recession-battered Greece is listed in the unenviable second place, among European countries and behind only Hungary,  in terms of “authoritarian populism”, according to this year’s Authoritarian Populism Index, compiled by…

Greek unemployment figure jumps in Jan. 2019 by 2.36%

The number of officially unemployed people (those actively seeking employment) jumped in January 2019 by 2.36 percent, a negative development coinciding with the Tsipras government’s unilateral increase in the minimum…

Wednesday, 20 February 2019

Commission renews ‘enhanced supervision’ for Greek economy for another 6 months; calls for reform implementation

By N. Bellos The European Commission, as expected, on Wednesday announced that it was extending the “enhanced supervision” regime for the Greek economy by another six months. The stepped up…

Showcase projects in Cosco’s master plan for port of Piraeus nixed by ministry com’t

By A. Tsimplakis [email protected] A Greek shipping ministry-affiliated committee on Tuesday nixed a series of ambitious projects included in a draft master plan submitted by the Piraeus Port Authority (PPA),…

Dutch envoy: More reforms in Greece necessary; progress needed for Eurogroup to disburse ECB profits on Greek bonds

The Dutch ambassador to Greece on Wednesday told a gathering in Athens that “more progress is needed before Eurogroup ministers will decide to disburse ECB profits on Greek bonds.” The…

Tsipras promises 500 mln€ in rent, mortgage subsidies in 2019 for low-income households

Greek Prime Minister Alexis Tsipras told ministers at Cabinet meeting on Wednesday that the leftist government will dole out a total of 500 million euros from state coffers in 2019…

ΒοG: Greek current account deficit in 2018 reaches 5.3 bln€; up 68% yoy

The Bank of Greece (BoG) on Tuesday reported a significant worsening of the country’s current accounts deficit for 2018,  with the figure increased by 68 percent (yoy) to reach 5.3…

Mitsotakis to CNBC: Aggressive, comprehensive tax reform from first month of ND govt

Main opposition New Democracy (ND) president Kyriakos Mitsotakis again “stayed on message” on Wednesday, promising to cut taxes across the board for individuals and businesses in crisis-battered Greece. In his…

‘Anti-state’ protesters target appellate court complex in Athens

Some 30 people burst into the Athens appellate courts building’s upper floors in the Greek capital at around 11:25 a.m. (09.25 GMT) on Wednesday, throwing leaflets and then fleeing. The…