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Thursday, 03 January 2019

One of 3 ‘protected’ witnesses in Novartis case comes forth, claims he was pressured by judicial officials to name politicians

A up-until-recently “protected” witness in an ongoing investigation into past practices by Novartis’ Greek subsidiary this week charged that he was pressured to name politicians as recipients of bribes, the…

Father, 52, charged in death of daughter, 29, on Corfu

Police on the Ionian island of Corfu have arrested the father of a 29-year-old woman whose body was discovered buried in a garden outside the former’s semi-rural residence this week.…

Greece’s general counsul to Venezuela found dead in Caracas hotel room

Greece’s general counsul to Venezuela was found dead in a Caracas hotel room this week, according to the local daily “El Nacional”. The first reports said the death of 55-year-old…

Wednesday, 02 January 2019

Snowfall, freezing temperatures on forecast for first week of 2019 in Greece

Another cold front, accompanied by freezing rain and snowfall in much of Greece’s mountainous and semi-mountainous regions, is forecast for this week, beginning on Thursday. Snowfall is expected in parts…

Turk FM Cavusoglu warns of risk of ‘accident’ in Aegean due to Kammenos’ comments

Turkish Foreign Minister Mevlut Cavusoglu continued official Ankara’s saber-rattling into the new year this week, warning that an “accident” could have in the Aegean due to inflammatory statements by the…

Discovery of ancient Tenea among the top archaeological developments in 2018: Artsy

The discovery of the remains of ancient Tenea, near the present-day village of Chiliomodi, in southern Corinth prefecture, is one of 2018’s top 15 archaeological finds, according to the Internet…

Two inmates escape from Korydallos prison

Two inmates escaped from the greater Athens area’s Korydallos penitentiary overnight on Wednesday. The two fugitives, identified as Albanian nationals and brothers, were serving multiple theft and robbery convictions. The…

WSI study: Minimum hourly rate in Greece at a paltry 3.94€

By S. Emmanuil  [email protected] Australia and Luxembourg offer the highest minimum hourly wages, worldwide, according to the German think tank Wirtschafts-und Sozialwissenschaftliches Institut (WSI), with Greece, however, dropping behind the…

Monday, 31 December 2018

Reports: One of 3 anonymous witnesses in Novartis investigation prevented from travelling abroad; charged in case

A former Greek health ministry adviser was prevented from leaving the country on Sunday evening after anti-corruption prosecutors cited evidence of his involvement in possible bribe-taking, the latest twist in…

Tsipras adamant he’ll stay in office until very last day; confident over passage of Prespa accord

Greek Prime Minister Alexis Tsipras on Monday again dismissed any possibility of holding snap elections next year, reiterating that he intends to stay in office to the very last day,…

Acropolis under a full moon among National Geographic’s most popular Instragram images

A photograph of the iconic Acropolis in central Athens posted by National Geographic on its Instragram account has already received more than 1.2 million “likes”. The image shows the eponymous…

Trio arrested on migrant smuggling charges after truck stopped

Migrant traffickers attempting to take advantage of the New Year’s holidays were thwarted by police in the northern city of Thesslaoniki in the early morning hours of Monday, with three…

Deadline for payment of road fees moved to Jan. 11

The finance ministry on Monday, the last day of 2018, announced an extension of the deadline for vehicle owners in Greece to pay annual road fees. The deadline was moved…

Sunday, 30 December 2018

Former Greek PM Simitis predicts return to ESM emergency borrowing for country

Former prime minister Costas Simitis, under whose leadership Greece joined the Eurozone in 2002, raised eyebrows over the last weekend of the year by predicting that the thrice bailed-out country…

Mysterious jewelry heist reported outside ancient Olympia

A strange heist was reported in western Greece overnight, with local media reporting that three or four suspects broke into a residence in a village outside ancient Olympia and took,…

Kapa Research: Most Greeks begin their day with a glance at their smartphones; political trends for 2018

Most Greeks begin their day with a glance at their smartphones, according to an end-of-year survey by Athens-based Kapa Research on the top trends for 2018 in the country. The…

Friday, 28 December 2018

Handelsblatt: Tourism helping Greece recover from econ crisis

Handelsblatt credits a booming tourism sector as helping recession-battered Greece recover, while also pointing to a return of real estate buyers in holiday areas. In an extensive report from the…

Party spox: Any AN.EL deputy voting in favor of Prespa agreement will be expelled

 A spokesman for the small right-wing Independent Greeks (AN.EL) party on Friday reiterated that its MPs will leave the current coalition with leftist SYRIZA when the provisional Prespa agreement comes…

Thursday, 27 December 2018

17N arch-assassin issued another prison furlough, this time for six days

A convicted Greek urban terrorist serving 11 life sentences was granted his fifth furlough from prison on Thursday, this time for six straight days. The decision, by members of a…

Greek state’s primary budget surplus overexceeds Jan-Nov target, reaches 7.626 bln€

The creditor-mandated primary budget surplus, as a percentage of GDP, for the Jan-Nov 2018 far exceeded the target, reaching 7.626 billion euros on the back of an increase in revenues…

Greek central bank insists on liberal reforms, measures to boost recovering economy

The Bank of Greece’s (BoG) interim report on monetary policy (2018) this week again insisted on agreed-to reforms as well as a pro-business, pro-market policies to boost the recovering Greek…

Explosive device wounds two outside central Athens cathedral

An explosive device went off on Thursday morning outside a well-known cathedral in the upscale Kolonaki district of central Athens, wounding a nearby police sentry, and, according to other reports,…

Tuesday, 25 December 2018

Turkish warplane violations in eastern Aegean

Two “holiday” violations by Turkish warplanes were recorded on Tuesday, Christmas Day in Greece, with two pairs of Turkish F-16s entering the Athens FIR in the afternoon without a prior…

BoG: Airbnb effect on recovering real estate sector, tourism

The positive effects of the so-called “Airbnb effect” on Greece’s recovering real estate sector came under the Bank of Greece’s (BoG) scrutiny, with the effects listed in the central bank’s…

White Christmas in much of Greece on Tues.

Dipping temperatures, drizzle and even snow in northern Greece and the country’s mountainous regions are on the weather forecast for Tuesday, Christmas Day. Snowfall is expected to continue southward and…

More businesses open in Greece than close in 2018

By S. Zisimos [email protected] New business listings overtook closings in 2018, according to data announced by the development and economy ministry’s General Commercial Registry this week. Up until Dec. 21,…

Sunday, 23 December 2018

Sailboat carrying 63 irregular migrants intercepted off SW Greece

Sixty-three foreign nationals were arrested in the early morning hours of Saturday on charges of illegally trying to exit the country, after a crowded sailboat carrying the group was located…

EBA: Implementation of IFRS9 standards to cost Greek banks six billion euros

By E. Sakellari [email protected] Implementation of new International Financial Reporting Standards for European banks’ regulatory capital will significantly affect the latter’s balance sheets, a report by the European Banking Authority…

Minister promises installment plan to cover arrears to social security funds

The relevant labor and social insurances minister confirmed this week that a new framework to settle arrears to social security funds will be implemented in the first quarter of 2019,…

Friday, 21 December 2018

Tsipras, Vucic refer to restored rail links; Greek PM says Prespa agreement will boost ties

Plans for renewing and improving the rail connection between Greece and Serbia, via the former Yugoslav Republic of Macedonia (fYRoM), was cited by both visiting Greek PM Alexis Tsipras and…