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Tuesday, 18 December 2018

Greek, Romanian police officers to participate in joint patrols at Bansko ski resort

Bulgaria’s interior ministry this week confirmed that police officers from Greece and Romania will join local law enforcement in joint patrols at the southwestern ski resort of Bansko, a top…

Ceiling for out-of-court settlement of arrears to be raised to 300K euros

By S. Zisimos [email protected] Businesses and self-employed professionals in Greece will have the right to use an out-of-court settlement process for arrears of up to 300,000 euros as of Jan.…

Mitsotakis letter to EU Commissioner Vestager over Tsipras govt’s intent to appoint PM’s top legal adviser

New Democracy (ND) President Kyriakos Mitsotakis stepped up his and the center-right party’s pressure against the Tsipras coalition government, saying he’s  sent a letter to European Commissioner for Competition Margrethe…

Tsipras dismisses possibility of Kammenos, remaining AN.EL deputies leaving Cabinet

Greek Prime Minister Alexis Tsipras appeared certain on Tuesday that his junior coalition partner, Defense Minister Panos Kammenos, will remain firmly in place, both in the Cabinet and with his…

Independent MP Theocharis joins ND

Independent MP Charis Theocharis on Tuesday announced that he will join main opposition New Democracy (ND) party’s Parliamentary group, following a same-day meeting with ND president Kyriakos Mitsotakis. “I believe…

Greece’s Public Debt Management Agency (PDMA) to unveil borrowing plan for 2019 this month

By T. Tsiros  [email protected] Greece’s Public Debt Management Agency (PDMA)  is expected to announced its program for covering the country’s borrowing needs for 2019 by the end of the year,…

Mastercard: Greece first among central, eastern Europe in POS/population ratio

Greece is in first place among countries in central and eastern Europe in the ratio of POS terminals to population, according to a study by Mastercard. Specifically, 48,854 terminals correspond…

Halyvourgiki steel mill faces power cut due to arrears

By K. Deligiannis & L. Kalamara Greece’s biggest and most historic steel mill, Halyvourgiki, faces the immediate prospect of a blackout due to its long-term arrears to the Public Power…

Monday, 17 December 2018

Lloyds List: 22 Greek executives, shipowners in Top 100 personalities in global shipping sector

By L. Karageorgos [email protected] Greek shipping executives and shipowners are the biggest group, in terms of ethnicity, on this year’s Lloyds List of the 100 most powerful personalities in global…

Alt. shipping minister points to pending initiative to eliminate unnecessary subsidized ferry boat routes

By L. Karageorgos [email protected] Alternate Shipping Minister Nektarios Santorinios, who holds the coastal shipping portfolio, told “N” this week that a pending legislative revision aims to eliminate the phenomenon of…

Vocal condemnation of bomb attack against against media group; issue of Skai ‘boycott’ by govt re-emerges

Greece’s political leadership reacted immediately and forcefully to the bomb attack against the Skai and Kathimerini media groups in coastal southern Athens in the early morning hours of Monday. Greek…

Greek revenue auditors given easier access to bank safety deposit boxes as of Jan. 1, continuing ‘tax safari’

By G. Kouros [email protected] Greece’s tax authorities and auditors will gain easier access to individuals’ safety deposit boxes in domestic banks as of Jan. 1, 2019, after measures aimed to…

Greek tax bureau eyes ‘Portuguese model’ to track down undeclared income from Airbnb-type leasings

Greece independent public revenues authority is reportedly ready to employ the “Portuguese model” for locating property owners that lease dwellings via various online platforms but who don’t declare the income.…

Powerful bomb targets Greek broadcaster

A powerful explosion damaged the building housing the Skai broadcaster’s facility in coastal southern Athens in the early morning hours of Monday, with authorities pointing to a terrorist attack. No…

Sunday, 16 December 2018

More than 5,700 lightning strikes recorded over Aegean up until Sun. afternoon

More than 5,700 lightning strikes were recorded over the Aegean Sea on Sunday up until the early afternoon, according to figures released by the Athens observatory the same day, an…

Mitsotakis platform: Lower taxes, investment ‘shock’, more jobs

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis closed his center-right party’s 12th nationwide conference on Sunday in a similar manner in which he opened it on Friday: pledging lower…

Two jaguars shot dead at Athens-area zoo after escaping from enclosure

The management of a private zoo outside Athens over the weekend confirmed that two jaguars were shot dead last week at the Attiko zoological park after reportedly escaping from their…

Light quake in central Aegean on Sun.

A light earthquake measuring 4.1 on the Richter scale was recorded at 11.24 a.m. (09.24 GMT) northeast of the central Aegean island of Alonnisos. The quake was pinpointed in a…

Saturday, 15 December 2018

Massive 7.6 bln€ Greek primary budget surplus in Jan-Nov generated by taxes, spending and investments cuts

The Greek state posted a massive primary budget deficit over the first 11 months of the year, almost doubling the stated target for the Jan-Nov 2018 period, riding on the…

Tsipras from Thessaloniki: We extricated country from bailout era, preserved Macedonia legacy

Greek Prime Minister Alexis Tsipras spoke to party supporters in the northern city of Thessaloniki on Friday evening, again boasting of taking the country out of the memorandum era entailed…

Friday, 14 December 2018

Mitsotakis’ campaign-style address revolves around cutting taxes, benefits for new families

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis unveiled a package of liberal-minded and pro-market proposals on Friday evening with an eye directly on next year’s general election, in opening…

Another failed opportunity: Greece since 2015, and the QE

By Vassilis Kostoulas [email protected] European Central Bank (ECB) President Mario Draghi bid “arrivederci” this week to the European central bank’s “Quantitative easing” program – which itself constituted a major milestone…

IMF: Greek households’ debt at 129.3 billion USD

The IMF this week points to businesses and households in Greece trying to keep to stay “above water” in terms of tax and debt obligations, along with the now oft-repeated…

MRB poll gives ND 8.8% point lead over SYRIZA

Main opposition New Democracy’s (ND) lead over ruling SYRIZA is at 8.8 percentage points, according to the most recent opinion that was revealed this week. The poll, by the MRB…

Sector officials says hotel occupancy in winter destinations for upcoming holidays at roughly 80%

Hotels in winter destinations in Greece are at roughly 80 percent occupancy for the upcoming Christmas and New Year holidays, according to sector representatives. The president of the Ioannina prefecture’s…

Pompeo: Greece a pillar of stability in east Med, Balkans

Excellent relations between Athens and Washington, despite diametrically opposite ideological views by the respective governments in either capital, were more-or-less confirmed on Thursday, during talks in the US capital by…

More than 1.554 mln applicants set to receive ‘social dividend’ by end of the month

More than 1.554 million applicants have been approved for this year’s “Yuletide” welfare benefit, the third year in a row that the Tsipras government has returned a portion of revenues…

Thursday, 13 December 2018

Greek-Israeli military cooperation program for 2019

Representatives of the Greek and Israeli general staff offices signed a Defense Cooperation Programme (DCP) 2019 this week, with the agreement focusing on operational and individual military training. The DCP…

Commission approves 20-year concession extension for Athens airport, after higher second offer received

 By N. Bellos [email protected] The European Commission on Wednesday, as expected, approved an extension of the concession contract for the Athens International Airport, after confirming that EU bylaws are upheld…

Pawn shop chain owner released on bail after gold smuggling charge collapses

A council of misdemeanor court justices on Thursday ordered the conditional release of eight defendants arrested earlier this month in a high-profile investigation of alleged gold smuggling, money laundering and…