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Sunday, 17 February 2019

Iconic baker of Kos, who fed refugees during 2015 crisis, dies

The iconic baker of Kos, an island in the eastern Aegean, Dionysis Arvanitakis, who became known throughout Europe for his daily and constant assistance to the hundreds of third country…

Friday, 15 February 2019

Acrimonious clash over non-state higher ed in Greece; leftist govt deflects latest attempt to revise Art. 16

Decades-old efforts to revise a controversial article in the Greek constitution essentially preventing the establishment and operation of non-state universities in the eastern Mediterranean country again fell short this week,…

FinMin meets with bank CEOs

Greek Finance Minister Euclid Tsakalotos on Friday met with the CEOs of Greece’s four systemic banks, as well as the Hellenic  Bank Association (HBA) president, a day after an agreement…

Mini reshuffle in Athens by Tsipras govt

A mini reshuffle was announced on Friday in Athens by the Tsipras government’s spokesman, with up-until-now Alternate FM Giorgos Katrougalos promoted as the top minister of foreign affairs. The development…

Mitsotakis emphasizes growth, jobs and border security in Munich; meeting with CDU’s Kramp-Karrenbauer

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis emphasized growth, the creation of new job spots and protection of European borders as the most significant issues facing Greece and the…

ND VP Hatzidakis: Proposed new legal framework for primary residences actually dilutes protection

The first political reactions over last evening’s announcement of an agreement between the Tsipras government and Greece’s systemic banks, aimed to establish a new legal framework protecting primary residences from…

Digital policy minister Pappas the first Greek minister to visit newly renamed Rep. of North Macedonia

Greece’s digital policy, telecoms and information minister, Nikos Pappas, among Prime Minister Alexis Tsipras’ closest associates, is set to become the first Greek cabinet member to visit the recently renamed…

Thursday, 14 February 2019

Athens airport concession contract extension approved by Parliament

A wide majority of Parliament MPs on Thursday approved of a finance ministry draft bill extending the concession for the Eleftherios Venizelos International Airport of Athens. Deputies from ruling SYRIZA…

Govt, banks reach agreement on new framework to protect primary residences from creditors

An agreement was announced on Thursday evening between the Greek government and the four systemic banks in the country over a new legal framework to protect primary residences from creditors.…

First vote on constitutional revision of article on Church-state relations passes by razor-slim margin

The government’s proposal to revise a constitutional article (paragraph 1 of Article III) referring to religious neutrality received a bare majority during an initial Parliament vote on Thursday evening, meaning…

Flu-related deaths in Greece reach 56

A total of 56 flu-related, most linked to the H1N1 strain, have been reported in Greece so far this season by the country’s disease prevention center (KEELPNO). According to a…

Kammenos: Tsipras recruited my deputies with promises of Cabinet posts

A messy “political divorce” between the up-until-recently coalition partners in Greece continued to generate headlines in the country, with former defense minister Panos Kammenos – the head of the smaller…

Mitsotakis, Gennimata in Germany this week

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis will arrive in Germany on Thursday to attend the Munich Security Conference 2019 in the Bavarian city, where he’ll give a brief…

Greek banks must resubmit targets to SSM by March 29; talks continue over new legal framework

By E. Sakellari [email protected] Results of a Supervisory Review and Evaluation Process (SREP), sent to Greece’s systemic banks last week by the Single Supervisory Mechanism (SSM), cited the level of…

Govt moves to cut certain contributions for some employers, raise minimum monthly wages for others

By S. Papapetrou [email protected] At least three circulars are expected to be issued by the relevant labor and social insurances ministry next week in order to cut social security contributions…

Wednesday, 13 February 2019

Acrimonious constitutional revision debate held with a view to general election

A two-stage process for constitutional revision served as the latest political “battleground” between the Tsipras government and the opposition this week, especially with main opposition New Democracy (ND), with all…

Handelsblatt: Greek govt letting up on reforms; Tsipras pressured ahead of elections

Handelsblatt on Wednesday referred to delays in implementing already agreed-to reforms in Greece by the poll-trailing Tsipras government, as well as what it calls pressure exerted on the Greek prime…

New board for Greek Shipowners Association For Passenger Ships (SEEN); Sakellis re-elected as president

Michalis Sakellis was re-elected this week as the president of the Greek Shipowners Association For Passenger Ships (SEEN), following a general assembly last week held to elect a new board…

Greek, Turkish DMs meet in Brussels on sidelines of NATO meeting

New Greek Defense Minister Evangelos Apostolakis was meeting with his Turkish counterpart Hulusi Akar at roughly noon (local time) in Brussels, on the sidelines of a NATO ministerial summit in…

Diamantopoulou: Adherance to ban on non-state universities in Greece anachronistic

A former education minister and Greece’s one-time EU Commissioner, Anna Diamantopoulou, on Wednesday added her voice to political criticism in the country over the leftist Tsipras government opposition to any…

Fate of debt-laden Hellenic Sugar Industry to be decided this week

By V. Vegiri [email protected] Greece’s economy and development ministry, according to sources that spoke to “N”, is expected to unveil its position over the future of the state-run, and debt-laden,…

Tuesday, 12 February 2019

Final countdown for debut of ‘North Macedonia’ on Greece’s northern frontier

The government in Skopje is reportedly ready to send an official letter to the UN, its member-states and international organizations, of which it is a member, announcing the change of…

Tsipras govt presents Holy Synod reps plan for revisions in Church-state relations

The government on Tuesday presented a 10-page plan to implement a recent draft agreement between the state and the Church of Greece, ostensibly aimed at distancing the two side, especially…

Alpha Bank: Black Rock rights at 6%, 5% for Schroders

Alpha Bank on Tuesday announces that Schroders, following a relevant notification this week, now holds indirectly voting rights that correspond to an equal amount of common, registered, voting, dematerialised shares…

Mitsotakis reiterates ND demand to allow non-state, non-profit universities in Greece

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Tuesday reiterated his personal and his center-right party’s position an overhaul of Article 16 of Greece’s constitution, speaking on the day…

Creditors link one-bln-euro tranche with conditions to be met by Athens

Reducing NPLs held by Greece’s systemic banks, accelerating privatizations and fully covering the state’s arrears to the private sector – all standing demands by institutional creditors during the memorandum era…

Monday, 11 February 2019

Reports: Govt, banks reach one major compromise on effort in renew protection for primary residences from creditors

The Tsipras government and Greece’s four systemic banks have reportedly reached at least one major compromise on the pressing issue of renewing legal protection of primary residences from creditors, with…

Russian envoy cites Greek interest in Turkish Stream pipeline extension

Russia’s ambassador to Athens this week referred to Greek interest, as he said, in a possible extension of the Turkish Stream natgas pipeline to the country. Ambassador Andrey Maslov was…

PPC CEO doesn’t rule out rate hikes

The head of Greece’s state-run Public Power Corp. (PPC), the dominant electricity provider in the country, on Monday did not rule out rate hikes. PPC president and CEO Manolis Panagiotakis…

Govt spox denies another bank recapitalization in the works; refers to ‘danger-mongering’

A government spokesman in Athens on Monday attempted to downplay resurgent speculation and concerns over “bad debt” burdening Greece’s systemic banks, held mainly in the form of non-performing loans (NPLs),…