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Friday, 10 Αυγούστου 2018

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,…

Head of civil defense secretariat resigns, two weeks after deadly Mati wildfire

The second high-profile resignation of a government official for last month’s deadly wildfire at the coastal Mati site came on Monday, exactly two weeks after the blaze claimed 91 lives,…

Sunday, 05 Αυγούστου 2018

Govt replaces fire, police chiefs in wake of deadly wildfire

The Tsipras government on Sunday abruptly announced the replacement of the police and fire chiefs in the country, in the wake of last month’s deadly wildfire in eastern Attica prefecture.…

Washington Post: Greek economy will return to 2008 levels in … 2030

Only four national economies have shrunk more than Greece’s over the past decade, two of which involve countries plagued by civil war, while the other two are described as “corrupt…

Official death toll from Mati wildfire nears 90

A woman severely burned in last month’s devastating wildfire at the coastal Mati – eastern Attica prefecture – settlement died on Saturday at an Athens hospital, bringing the official death…

Friday, 03 Αυγούστου 2018

Moscovici: Third bailout may not have been necessary had political clashes been avoided in 2015

EU Commissioner Pierre Moscovici emphasized this week that Greece’s pending exit from the third bailout marks the end of “an eight-year nightmare” for the country, in an article he penned…

Six statues discovered in ruins of ancient Greek city in SW Turkey

Six ancient statues, dated to the first century AD, were uncovered during excavations at the ruins of the ancient Greek city of Magnesia (Magnesia on the Maeander), southwest Turkey, over…

First high-level resignation in wake of devastating wildfire claims public order minister

The relevant minister holding the public order portfolio was the first top official to resign on Friday, more than a week after a deadly wildfire cost the life of at…

Grivalia Hospitality completes purchase of Amanzoe holiday property in Porto Heli

By T. Igoumenidi [email protected] The latest major investment by Grivalia Hospitality, a subsidiary of Athens-based Grivalia Properties, was announced this week, with the investment vehicle purchasing an upscale resort community…

Angry reactions by ND leader, former FM Bakoyannis to 17N assassin’s transfer to prison farm

The abrupt transfer of a notorious urban terrorist to prison “farm” in central Greece, from the main penitentiary in the greater Athens area on Friday, generated sharp reactions from the…

Govt promises illegal structure demolition in wake of deadly wilfire, absence of evacuation order

The increasingly embattled Tsipras government went into “damage control” mode this week, promising to demolish hundreds if not thousands of illegally built structures, with those located in forested areas, in…