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Monday, 17 December 2018

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…

Official unemployment eases to 18.3% in Q3 2018

Official unemployment eased in the third quarter of 2018, reaching 18.3 percent, down from 19 percent in the previous quarter, Q2 2018, and from a 20.2 percent figure recorded in…

DM Kammenos: I’ll leave govt if fYRoM Parliament ratifies Prespa agreement; flip-flops hours later

Outspoken Greek defense minister Panos Kammenos Thursday again promised that he’ll resign from the Cabinet post and leave the coalition government if the provision Prespa agreement is ratified by the…

Moody’s inspection team in Greece for talks with systemic banks

By E. Sakellari & G. Sakkas A team of Moody’s analysts are in Greece this week for talks with representatives of Greece’s four systemic banks, with the focus on efforts…

Traffic accident involving migrant smuggling vehicle in N. Greece; 3 fatalities reported

A traffic accident on a northern Greece tollway resulted in the death of three individuals on Thursday, identified as irregular migrants, the latest deadly incident involving people trafficking on the…

Light earthquake again shakes Ionian isle of Zakynthos

An earthquake measuring 4.4 on the Richter scale was recorded at 08.29 local time (06.29 GMT) in a sea region southwest of the Ionian island of Zakynthos, an active seismic…

Lloyd’s List: Cosco the global leader among port operators

By A. Tsimplakis [email protected] Chinese multinational Cosco, which owns a majority stake of the Piraeus Port Authority (PPA) and holds its management, remains the global port operator leader, according to…

Wednesday, 12 December 2018

Building activity up in Greece in Sept. 2018

The Greek statistics authority (EL.STAT) on Wednesday announced for provisional data September 2018 regarding building activity in the country, with newly issued building permits totaling 1,197, and corresponding to nearly…

Mitsotakis letter to EU Commissioner over appropriation of lands in southern Albania belonging to ethnic Greeks

Main opposition Kyriakos Mitsotakis on Wednesday added his voice to official Athens’ condemnation, a day earlier, over a decision by the Albanian Cabinet to appropriate lands owned by ethnic Greeks…

Lloyd’s List Greek Shipping Awards for 2018 announced during Athens event

Lloyd’s List held its annual “Greek Shipping Awards” last Friday in downtown Athens, with outgoing Intercargo association chairman and Angelicoussis group executive John Platsidakis voted as the 2018 “Greek Shipping…

Clay tablet with verses from Homer’s ‘Odyssey’, discovered in ancient Olympia, among top finds of 2018

A clay tablet dating to the 3rd century AD or earlier, on which the first 13 verses of Homer’s “Odyssey” are chiseled, is among the “Top 10” finds of 2018,…

Former head of top defense ministry dept. handed 22-year sentence for bribery, money laundering

A former general secretary of the defense ministry’s one-time armaments directorate, which in the past oversaw major weapons systems procurements by the Greek state, was handed down a 22-year prison…

Folli Follie stake in Attica dept. store auctioned off

S. Emmanuil [email protected]  A 35.7-percent stake held by the troubled Folli Follie group in the Attica department store, located in a prominent central Athens location, was divided up on Wednesday…

Lloyd’s List Intelligence: Greek registry retains 9th place globally in 2018, but decreased

By L. Karageorgos [email protected] Greece’s maritime registry remained in ninth place in 2019, nevertheless reduced from the previous year in terms of the share of the global shipping fleet, according…