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Monday, 13 Αυγούστου 2018

“The receipt, please!” – Campaign by Greece’s revenues authority calls on tourists to demand receipt, pay with ‘plastic’

Greece’s independent public revenues authority has commenced yet another campaign, aimed at the millions of foreign tourists that visit the country, to remind them that they can pay for all…

Sunday, 12 Αυγούστου 2018

Major wildfire reported in central Evia island; evacuation order given this time

The third major wildfire of the ongoing summer season in Greece erupted on Sunday in central Evia, the large island that hugs mainland Greece’s central Aegean coastline, three weeks after…

E-platform for out-of-court settlement of arrears issues 213 favorable judgements; out of 3,003 complete applications

An electronic out-of-court settlement process for arrears to the public and private sector has received just more than 3,000 applications in its first year of operation in Greece, mainly by…

Merkel: Dublin agreement ‘inoperable’; comments in wake of migrant agreement with Spain

German Chancellor Angela Merkel referred to the Dublin treaty as “inoperable”, in her latest high-profile statement regarding the migrant crisis in Europe, three years after a massive influx of third…

Saturday, 11 Αυγούστου 2018

Fitch upgrades Greece

Fitch is the latest international credit agency to upgrade Greece’s credit ranking, raising it to “BB-” from the previous “B” , while retaining its outlook as “stable”. …

Friday, 10 Αυγούστου 2018

Greek PM praises news of jobless rate falling below 20%

Greek Prime Minister Alexis Tsipras received some welcome news on Friday with the latest unemployment figures in the country, which show the jobless rate at under 20 percent, for the…

Casino sector in Greece continues to struggle in H1 2018; only Mont Parnes, Hyatt Regency post improved results

By L. Kalamara [email protected] The casino sector in Greece continues to struggle, according to first half 2018 results, with both the number of visitors, revenues and profits also down for…

Minoan Lines to replace plastic straws with bio-degradable; use paper bags

Greece-based Minoan Lines, among the biggest ferry boat operators in the eastern Mediterranean, has announced that it will replace all plastic straws provided in the bars, self-service cafeterias and restaurants…

ECB officially announces end of waiver for Greece on Aug. 21, to coincide with end of third bailout

An ECB-issued waiver for Greece will end immediately after August 21, when the current – and last – memorandum adjustment program for the country expires, the euro zone’s central bank…

Athens angrily reacts to latest Russian provocation with uncharacteristically sharp language

The Greek foreign ministry took less than a day to sharply react to the latest “tongue-lashing” by Moscow, more-or-less confirming that Athens did in fact prevent the visit of several…

Gastrade eyes first market test for FSRU next month

by K. Deligiannis [email protected] Gastrade expects to conduct its first market test to sell-off capacity at its planned floating FSRU station, off the northeast Greek port city of Alexandroupolis, in…

Higher turnover for Fraport Greece; passenger numbers also foreseen as rising

Fraport Greece’s parent company foresees passenger increases at the 14 regional airports that the former manages around the east Mediterranean country, with the increased numbers expected in the high single-digit…

Russian tourist arrivals to Greece at satisfactory level: operators

Tourism arrivals to Greece from Russia continue to move at satisfactory rates, according to major travel agents active in the specific market, while the state-run national tourism organization (GNTO) in…

Thursday, 09 Αυγούστου 2018

Moscow now claims Greek embassy refused visa to Russian clerics

Another “hiccup” in recently soured Greek-Russian relations came on Thursday, when a Russian foreign ministry spokeswoman said the Kremlin will request explanations from the Greek embassy in Moscow over allegations…

Major tax evasion detected by inspectors on Mykonos

Numerous tax violations were registered by inspectors during a “safari” over the past week on the jet-setting island of Mykonos, Greece’s priciest holiday destination along with Santorini. In one high-profile…

Tsipras again dismisses standing demand for snap election; wildfire death toll at 93

Greek Prime Minister Alexis Tsipras on Thursday again brushed off a persistent demand by the opposition for early elections, as his leftist-rightist coalition government continues to face a furious backlash…

Wednesday, 08 Αυγούστου 2018

Parliament Budget Office: Caution necessary until bailout ends in Aug.; positive messages to markets needed

The first months that will follow Greece’s exit from the current – and third – bailout will be particularly critical, Parliament Budget Office stated on Wednesday, in a relevant report,…

Trans Adriatic Pipeline launches public consultation process

Regulatory Authority for Energy (RAE) on Wednesday informed stakeholders that the Trans Adriatic Pipeline AG (TAP AG), a day earlier, launched a public consultation process on its draft TAP Network…

Official wildfire death toll at 92

A total of 25 witnesses have provided testimony so far in a preliminary investigation by an appellate level prosecutor into last month’s deadly wildfire at the Mati settlement in coastal…

US ambassador tours Hios island

US ambassador to Greece Geoffrey Pyatt this week toured the eastern Aegean island of Hios (Chios), where he was briefed by local NGO representatives on their work to aid Mideast…

PASOK MP: PM himself ordered tabling of draft amendment to suspend demolition of illegal structures

A former PASOK minister and current MP this week charged that Prime Minister Alexis Tsipras himself ordered the tabling of a draft amendment in Parliament, back in November 2015, to…

Results from tax statements’ clearance show decrease in declared 2017 incomes

By T. Tsiros   [email protected] A noteworthy decrease in declared incomes for self-employed professionals and entrepreneurs in Greece, in 2017, is one of the most prominent findings – according to reports…

Tuesday, 07 Αυγούστου 2018

Mikis Theodorakis back home after brief hospitalization

Renowned Greek composer Mikis Theodorakis left an Athens area hospital on Tuesday, after his hospitalization on Friday for a heart condition. The 93-year-old modern Greek cultural icon spent 24 hours…

Govt eyes 3 ‘packages’ of econ measures to change political agenda; optimism over fiscal target

By T. Tsiros  [email protected] Greece’s foundering Tsipras government is reportedly eyeing no less than three “packages of measures” to again shift public attention to the recovering economy and away from…

Monday, 06 Αυγούστου 2018

Chinese national arrested in Athens on int’l warrant for online investment scam

A 53-year-old Chinese national wanted on an international arrest warrant on various embezzlement charges was arrested by authorities in Athens on Friday, and announced on Monday. The man is charged…

Moscow retaliates against Athens over expulsion of two Russian diplomats last month

Moscow on Monday said it was ordering the expulsion of two Greek diplomats from Russia, a retaliation against Athens for the expulsion of two Russian diplomats from Greece last month.…

ESM releases fifth and last loan tranche to Greece; 9.5 bln€ to flow into ‘cash buffer’

The European Stability Mechanism (ESM) on Monday released the fifth – and last – bailout tranche to Greece, as part of the soon-to-be concluded third support program, with the money…

Another 17N convicted terrorist transferred to other prison

Judicial authorities on Monday announced that another convicted and incarcerated “17 November” terrorist was moved to different prison, with Christodoulos Xiros transferred to a correctional facility near the south-central coastal…

Bar association presidents call for in-depth judicial probe into deadly wildfire

A coordination committee comprised of the presidents of Greece’s bar associations on Monday called for an in-depth judicial investigation into last month’s deadly wildfire, adding no unanswered questions should remain.…

More than half a million taxpayers in Greece face specter of asset seizures

By G. Palaitsakis [email protected] Some 557,000 taxpayers in Greece face obligatory seizures of income – wages, pensions, lease proceeds etc – as well as deposits for arrears to the state,…