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Monday, 17 September 2018

Marshall Islands registry, Green Award announce cooperation

The Marshall Islands (RMI) registry and Green Award last week announced their cooperation, whereby the registry will provide GA-certified ships with a 30-percent discount on annual marine services fee. The…

First private HS specializing on maritime education opens on Hios island

By L. Karageorgos [email protected] The first private high school in Greece specializing in maritime vocation studies opened on the eastern Aegean island of Hios (Chios) on Friday, operating as a…

95-mln-euro upgrade of Thessaloniki’s Macedonia Airport to begin this week

By F. Zois [email protected] 95-million-euro expansion program at Thessaloniki’s Macedonia Airport begins this week, with newly upgraded taxiing runways ready by the end of the year.  The specific airport,…

Job vacancy rate for Greece in Q1 2018 at 0.7%, lowest in Eurozone

Greece placed last in a Eurostat list, published on Monday, in terms of Eurozone members’ job vacancy rate for the first quarter of 2018, coming in at 0.7 percent, followed…

Greek FinMin at PES ministerial meeting in Berlin on Wed.

Greek Finance Minister Euclid Tsakalotos will participate, as an observer, at a PES Ecofin ministerial network meeting on Wednesday in Berlin, continuing an ongoing “flirt” between ruling leftist SYRIZA party…

Egnatia motorway, port concessions at Alexandroupolis, Kavala on privatization agency’s priority list

By V. Vegiri [email protected] Priorities on a coming “to do” list by the east Mediterranean country’s privatization agency reportedly include the Egnatia motorway that crosses the breadth of northern Greece…

Banking sources: Goal of reducing Greek banks’ NPEs to betwee 40-50 bln€ by end of 2021

By E. Sakellar [email protected] Bank officials in Athens that spoke to “N” last week said discussions with European banking authorities to determine new goals for reducing NPEs posted by Greece’s…

Self-styled anarchist group vandalizes Iranian embassy in Athens; police sentry present

Members of a notorious anti-state group struck again on Monday morning, this time breaking the windows of the Iranian embassy in Athens before throwing bottles and paint inside its premises,…

Sunday, 16 September 2018

Mitsotakis’ Q&A: Greece must return to cheap borrowing by markets; creditor-mandated fiscal targets should be reduced

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis faced reporters on Sunday, for a customary Q&A session held on the sidelines of the Thessaloniki International Fair (TIF), the same venue…

Mitsotakis pledges to overturn most recent pension reform; press con’f on Sunday

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis appeared confidant on Saturday evening that his center-right party will win the next general election, pledging to abolish the current leftist-rightist coalition…

Saturday, 15 September 2018

Russian Orthodox Church angrily reacts to Ecumenical Patriarchate’s decision to recognize Ukrainian rival

Powerful Russian Patriarch Kirill this week announced that the Russian Orthodox Church will stop including Ecumenical Patriarch Bartholomew I, the “primus inter pares” of the world’s Orthodox Patriarchs, in the…

Mitsotakis: ND will not support Prespa Agreement, not now nor in next Parliament

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Saturday promised that his party will not support a landmark agreement between Athens and Skopje to finally resolve the fYRoM “name…

Karamanlis from Thessaloniki: We’re all here to support a major election victory by ND

Former Greek prime minister Costas Karamanlis emphasized on Saturday, from Thessaloniki, that “we’re all here for a major ND election victory”, speaking before a scheduled address in the city by…

Mitsotakis from Thessaloniki: ‘We Can!’

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis took center-stage just after 8 p.m. (local time) at the Thessaloniki International Fair (TIF) on Saturday evening, beginning his address with a…

Mitsotakis tours TIF on Sat., ahead of closely watched evening address

Main opposition New Democracy (ND) party president Kyriakos Mitsotakis continued his tour of the 83rd Thessaloniki International Fair (TIF) on Saturday, where he’s set to deliver an address later in…

Tsakalotos to ‘N’: Cap controls will be further relaxed; ‘discussion underway’ over scheduled pension cuts

Greek Finance Minister Euclid Tsakalotos this week promised a further relaxation of capital controls, in an interview to “N”, his first after the country’s exit from the third memorandum bailout…

Friday, 14 September 2018

AIA SA offers 1.115 bln€ for 20-year extension of airport concession

Greece’s privatization fund (HRADF) on Friday announced that the Athens International Airport SA (AIA) has submitted a new offer for a 20-year extension of the facility’s concession, which was approved…

Athens hastily clarifies on heated pension cuts issue: ‘No negotiation between gov’t and institutions, only discussions’

Athens quickly clarified on Friday afternoon that there is “no negotiation between the government and the institutions (creditors), but only discussions,” after conflicting press reports out of the Greek capital,…

Greek primary budget surplus reaches 3.1 bln€ in Jan-Aug 2018 period

The Greek state’s primary budget surplus over the first eight months of 2018, according to provisional finance ministry figures released on Friday, shows an significant over-performance in terms of reaching…

Commission spox on looming social security spending cut in Greece: Agreements must be kept

A European Commission spokesman on Friday flatly repeated that Greece must meet previous commitments to creditors, in directly referring to looming pension cuts in 2019 and amid conflicting press reports…

Creditors open to discussion on pension cut measure, in theory, at least

By Vassilis Kostoulas [email protected] Despite the fact that Greece’s institutional creditors continue to emphasize, at every turn, that Athens must implement agreed-to reforms and not curtain previous ones after the end…

Oceangold says shipbuilding schedule with Korea’s STX Offshore & Shipbuliding will continue

By L. Karageorgos [email protected] Oceangold shipping, controlled by Yannis Dragnis, this week announced that its ship-building program was continuing as planned, with six new product tankers being built in Korea’s…

Thursday, 13 September 2018

Piraeus Port Authority signs third MoU with Chinese port; Guangzhou the latest

Cosco-managed Piraeus Port Authority signed its third MoU with a major Chinese port this week, with Guangzhou Port officials on hand at Greece’s biggest and busiest port. The MoU was…

Greek Parliament president confident Prespa agreement will be ratified; points to Feb., March 2019

Greece’s parliament president on Thursday said a crucial bilateral agreement with the former Yugoslav Republic of Macedonia (fYRoM) to finally resolve the “name issue” will come before the Greek legislature…

USS Mout Whitney an imposing sight off Thessaloniki

By G. Hatzilidis [email protected] The latest sightseeing highlight in the northern port city of Thessaloniki lies off the metropolis’ shores, with the anchored USS Mount Whitney dominating the horizon with…

Seven injured, one more seriously, during rock slide at iconic Navagio cove

The number of injured from Thursday’s rock slide at the well-known Navagio cove on the Ionian island of Zakynthos has reached seven, including a 34-year Czech woman who has sustained…

Zaev to Europarliament: Faith in Europe led to us to historic agreement with Greece

The prime minister of the former Yugoslav Republic of Macedonia (fYRoM), Zoran Zaev, told MEPs at the European Parliament on Thursday that his country’s “faith in Europe is one of…

Rock slide at iconic Navagio cove on Zakynthos

A rock slide at the iconic Navagio site on the Ionian island of Zakynthos has resulted in light injuries for three people, although concerns were later expressed over missing persons,…

Ex-Parliament Budget office director warns against overturning measures agreed-to with creditors

The former head of Parliament’s independent Budget Office, Panagiotis Liargovas, on Thursday emphasized that although the third – and hoped-for last – Greek bailout officially concluded last, creditors’ supervision of…

Greek umemployment rate falls to 19% in Q2 2018

The official unemployment rate in Greece continued to ease in 2018, with the latest figures for the second quarter of the year showing it dropping to 19 percent, down from…