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Monday, 21 January 2019

Public health professor: Greece’s population down 355K in a decade

Greece’s population between 2008 to 2017, essentially the entire economic crisis period, decreased by roughly 355,000, according to an epidemiology and public health professor on Monday, who spoke on the…

Labor ministry boasts of banner year for new job creation in 2018

The labor ministry on Monday announced that the number of wage-earners increased significantly in 2018, with a net increase between hirings and firings totatling roughly 14,000. In a bid to…

Strange incident involving army NCO, NGO employee on Greek-Turkish border

A Greek army NCO and a British national, identified as an employee of an unnamed NGO, were arrested on Sunday evening in a restricted military zone near the land border…

Ministry gen-sec: Alexandroupolis, Kavala top priorities for partial port privatization

By V. Vegiri [email protected] International tenders for concessions of specific sectors – but not outright privatizations of entire port authorities – will take precedence at the northern Greece ports of…

Major restructuring plan for Greek Post envisions closing of 200 offices; voluntary retirement for 2,800 workers

By F. Zois [email protected] A major restructuring plan for debt-laden Greek Post (EL.TA) features the closing of 200 offices around the country and the gradual early voluntary retirement of more…

Sunday, 20 January 2019

Opinion poll: 66% of respondents against Prespa agreement; ND at 32%

Results of a poll published in the Sunday weekly “Proto Thema” show that 66 percent of respondents are against the Prespa agreement, whereas main opposition New Democracy garners 32 percent…

Pair of light quakes in southern Aegean

A pair of light earthquakes, 4.6 and 4.5 on the Richter scale, were recorded on Sunday afternoon between the islands of Crete and Rhodes one minute apart. The first tremor…

Disturbances outside Parliament, tear gas-reaction by riot police mar otherwise peaceful anti-Prespa rally in Athens

Disturbances marred a large protest rally on Sunday in downtown Athens to express opposition to the Prespa agreement, with riot police using tear gas to block several dozen protesters from…

Tsitsipas downs Federer at Australian Open for biggest win of career

Twenty-year-old Stefanos Tsitsipas pulled off the biggest win of his young career on Saturday by beating tennis legend Roger Federer at the Australian Open. Federer was the defending champion of…

Major protest rally in downtown Athens against Prespa agreement

A very large rally was underway early Sunday afternoon in central Athens in opposition to the Prespa agreement, which aims to resolve the long-standing fYRoM “name issue”. Tens of thousands…

Saturday, 19 January 2019

Landmark Prespa agreement tabled in Greek parliament; vote expected on Fri.

A highly expected draft bill containing the Prespa agreement was tabled in Parliament over the weekend, with political party representatives to convene on Monday at noon to discuss the schedule…

Μass rally in opposition to Prespa agreement in central Athens on Sun.

Organizers of a rally in central Athens on Sunday in opposition to the provisional Prespa agreement on Saturday released a video for the demonstration, calling for the mass participation of…

Small Potami party heads for apparent split over Prespa agreement

The small centrist Potami party appears now one step away from losing its Parliamentary group status in Greece’s 300-MP legislature, after two deputies indicated on Saturday that they’ll leave the…

Friday, 18 January 2019

Piraeus port authority forecasts increase in cruise ship arrivals, home porting in 2019

The Piraeus Port Authority (PPA) this week forecast an increase in cruise ship arrivals for 2019 by almost 16 percent, compared to last year. The Cosco-managed port authority also forecast…

Thursday, 17 January 2019

Greek shipping interests now focused on attracting more young people from Greece to sector

By A. Tsimplakis [email protected] Efforts to recruit even greater numbers of young Greeks to merchant shipping, decades after the sector’s “golden era” at the time witnessed thousands of Greek nationals…

‘Cyprus model’ studied by govt for primary residence protection: official

The Tsipras government is studying a so-called “Cyprus model” for extending legal protection, vis-a-vis creditors, to overindebted homeowners’ primary residences, according to a top government official on Thursday. According to…

EZ official: Eurogroup decision on return of profits generated by Greek bonds in March

By N. Bellos [email protected] Eurozone finance ministers at a Eurogroup meeting in March are expected to discuss the issue of 600-million-euro tranche of profits generated by Greek bonds held by…

EBRD financing in Greece reaches 846 mln€

The European Bank for Reconstruction and Development (EBRD) this week announced that it has financed 15 projects in Greece last year, including the landmark Trans Adriatic Pipeline (TAP), NPL portfolios and the Hellenic…

EL.STAT: Greek merchant fleet up in Nov. 2018

The number of vessels on the Greek registry increased by a marginal 0.4 percent last November, compared with the same month in 2017, and down from 1.1 percent from the…

PPC CEO: Power rate hikes necessary for utility to deal with rising operation costs, debt restructuring

By K. Deligiannis [email protected] The head of Greece’s dominant power utility, the ATHEX-listed but still state-controlled Public Power Corp. (PPC), on Wednesday said an increase in electricity rates is “required”.…

Moscovici in Athens: Managing Greek banks’ ‘bad debt’ now the priority

By E. Sakkelari [email protected] EU Commissioner Pierre Moscovici pointed to “bad debt” plaguing Greece’s four systemic banks as the main priority that the country must now tackle on the economic…

Wednesday, 16 January 2019

Tsipras govt achieves razor-thin vote of confidence, as expected

The Tsipras government on Wednesday evening scraped together a razor-thin majority in Parliament to gain a vote of confidence, all ahead of the submission of the contentious Prespra agreement in…

Hefty pay hikes for employees of greater Athens area water utility, union claims

By T. Igoumenidi [email protected] Public sector-related spending hikes, amid the current election year, will reportedly come in the form of pay increases for employees of the greater Athens-Piraeus area’s water…

OECD: High taxes in Greece a break on economic growth

The OECD was the latest international body this week to sound the “warning bells” over the heavy tax rates now imposed on thrice bailed-out Greece, in two separate studies, one…

Tuesday, 15 January 2019

Sources: Tsipras govt intent on tabling Prespa accord to parliament for ratification on Fri. or Sat

By G. Kampourakis [email protected] The Tsipras government aims to submit the provisional Prespa agreement to Parliament for ratification immediately after Wednesday’s vote of confidence, according to reliable reports. The agreement…

Impressive ‘electrical storm’ over eastern Aegean isle of Samos

An “electrical storm” was recorded over the eastern Aegean island of Samos on Sunday evening, with repeated lightning bolts and thunder impressively turning the night into day for brief moments.…

Political shakeup continues amid looming vote of confidence in Parliament this week

A deputy from the centrist Potami party late on Monday reiterated his pledge to cast a vote of confidence for the leftist Tsipras government in Parliament this week, a statement…

Monday, 14 January 2019

Latest high-profile Russian intervention heaps criticism on Prespa accord; looming NATO entry for fYRoM

Russia’s foreign ministry on Monday referred to the “will of the people” in directly criticizing the recent decision by the Parliament in the former Yugoslav Republic of Macedonia (fYRoM) to…

Mitsotakis reiterates opposition to Prespa agreement; says rupture of SYRIZA-AN.EL coalition a sham

Main opposition New Democracy (ND) president Kyriakos Mitsotakis on Monday evening emphasized that the previous day’s political “breakup” between Prime Minister Alexis Tsipras and his one-time coalition partner, now ex-DM…

Four out of seven AN.EL MPs expected to ‘break ranks’ and offer support to Tsipras govt

One-hundred and fifty-one deputies, out of 300, is now the “magic number” that the Tsipras government must tally this week during a vote of confidence in Parliament, after the collapse…