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Monday, 16 April 2018

American Society of Travel Agents’ annual ‘Destination Expo’ Athens this week

By L. Karageorgos [email protected] The American Society of Travel Agents (ASTA) held its “Destination Expo” annual convention in Athens this week, with one goal, among others, being a greater promotion…

Greek state exceeds primary budget surplus target for Q1 on the back of lower spending

Provision data  regarding the execution of the Greek state budget over the first quarter of the year revealed a primary budget surplus of 2.32 billion euros, far exceeding a target…

Greek Alt. DM: ‘Undeclared war’ in Aegean; justice minister says 8 Turk asylum-seeking officers to be freed

Greece’s new alternate defense minister, Fotis Kouvelis, on Monday referred to an “undeclared war” in the Aegean between Greek and Turkish forces, an eyebrow-raising statement that comes after the veteran…

Snam-EnagásInternacional-Fluxys consortium submits highest improved offer for natgas gird operator

The board of Greece’s privatization agency (HRADF), in tandem with Hellenic Petroleum S.A. (Hel.Pe), on Monday unsealed improved financial offers for a majority stake of the country’s state-run natural gas…

Attempt to topple Truman statue in Athens makes headlines around the world

A attempt on Monday by protesters reportedly affiliated with Greece’s Communist Party (KKE) to topple a bronze statue of US President Harry Truman in downtown Athens, as an anti-war rally…

New arrears of 2.6 bln€ to tax bureau, pension funds in first 2 months of 2018

Total arrears to the Greek state again exceeded the “psychological barrier” of 100 billion euros in February 2018, reaching 101.6 billion euros, an increase of 2.013 billion euros from the…

Turkish media quotes Yildirim as referring to Imia-like ‘flag incident’

An “Imia-like” flag incident was reported by Turkish media at the start of the week in the eastern Aegean, with Turkish Prime Minister Binali Yildirim claiming that members of the…

27% of respondents in fYRoM poll consider Greece the country’s foremost ‘enemy’

An eyebrow-raising 67 percent of respondents in a recent poll in the neighboring former Yugoslav Republic of Macedonia (fYRoM) recently answered that they have not visited Greece over the past…

Sources: No interest by Laskaridis family in Esperia Hotel property

The Laskaridis family, the owners and operators of a pair of central Athens’ best-known upscale hotels, are reportedly not interested in another downtown unit closed for several years now –…

Retailers’ association: Closures fall to a trickle; openings even rarer

By J. Kanoupakis [email protected] Closures of retail stores in crisis-battered Greece have dropped to a trickle, although new openings are even rarer, according to figures listed in the most recent…

Piraeus Container Terminal surpasses 1-mln-container threshold in Q1 2018

By L. Karageorgos [email protected] The independent container terminal at the port of Piraeus broke the one-million unit barrier in the first quarter of 2018, a development that coincides with the…

Sunday, 15 April 2018

11 Greek hotels, resorts on e-auction block until end of May

By L. Karageorgos [email protected] Eleven e-auctions of hotels and resorts by lien-holding commercial banks are scheduled in Greece until the end of May 2018, as listed on a relative online…

fYRoM’s Zaev: No need for change of name internally

The prime minister of the former Yugoslav Republic of Macedonia (fYRoM), Zoran Zaev, briefed reporters in the neighboring country on Saturday, where, among others, he said his government does not…

Friday, 13 April 2018

State revenues boosted in Jan. 2018 from abolition of tax break

By G. Palaitsakis [email protected] State revenues from withheld taxes significantly increased in January 2018 primarily due to the abolition of a 1.5-percent discount previously applied to wages and pensions, a…

Mitsotakis promises ND govt will cap personal tax, social security contributions

Main opposition leader Kyriakos Mitsotakis unveiled his center-right party’s plan for a ceiling on tax and social security contributions imposed on Greek citizens, speaking with foreign correspondents in Athens on…

German FinMin spox: Berlin awaits ‘credible growth plan’ from Athens for post-bailout era

Berlin awaits “a credible growth plan” from Athens for the post-memorandum period – after August 2018 – and also signaled that any decisions over future relief measures for Greece will…

Int’l flights in Greece up 32% in March 2018, compared to same month in 2017

Air traffic to Greece increased by 30.9 percent in March 2018, with the total number of passengers passing through Greek airports in the first quarter of the year reaching 6.285…

New German FinMin Scholz holds first meeting with visiting Greek counterpart Tsakalotos

A first “introductory” meeting in Berlin on Friday between new German Finance Minister Olaf Scholz  and his Greek counterpart, Euclid Tsakalotos, was held in a positive climate and with an…

Greece third, after Italy and Spain, as Mediterranean ‘luxury holiday’ destination in 2016

By L. Karageorgos [email protected] Greece comes in third, after Italy and Spain, as a Mediterranean “luxury destination” for European tourists, according to a relevant study by ΙΡΚ International. Other countries…

Body of Mirage 2000-5 pilot recovered off Skyros

A fishing vessel has recovered the body of pilot Georgios Baltadoros, whose Mirage 2000-5 went down on Thursday northeast of the central Aegean of Skyros, according to Greece’s state-run broadcaster…

More third country nationals reach Greek isles from Turkey; refugee/irregular migrant crisis re-appearing

Another 100 third country nationals reached a handful of isles in the northern Aegean on Wednesday, all ferried over or crossing by themselves from the opposite Turkish coast, raising concerns…

Thursday, 12 April 2018

17 out of 123 e-auctions successfully completed on Wed.

Seventy-one out of 123 electronic auctions of foreclosed property held around Greece on Wednesday were successfully concluded, with a highest bidder declared. No bids were received in 38 e-auctions, while…

Yachting festival at Alimos marina this week

The inaugural Yachting Festival & Maritime Tourism festival was inaugurated on Thursday at the Alimos marina in coastal southeast Athens, organized by the Greek Professional Bare Boat Yacht Owners Association…

Turkish PM Yıldırım offers condolences for loss of Greek fighter pilot

Turkish Prime Minister Binali Yıldırım on Thursday afternoon expressed his and Turkish President Recep Tayyip Erdogan’s condolences to Greek Prime Minister Alexis Tsipras over the same-day loss of a Greek…

PPC purchase of EDS group in former Yugoslav Republic of Macedonia finalized this week

Greece’s state-run Public Power Corp. (PPC), the dominant electricity utility and provider in the east Mediterranean country, will finalize an agreement to purchase the EDS group this week, a power…

Top US defense dept. delegation in Athens for talks

A high-level US Pentagon delegation was in Athens on Thursday for talks with Greek defense ministry leadership, what Washington calls a “High Level Consultative Committee (HLCC)” dialogue. In a press…

Pilot fatally injured in crash of Greek Mirage 2000-5

The pilot of a Hellenic Air Force Mirage 2000-5 fighter plane that crashed in the central Aegean on Thursday did not survive, Greece’ relevant defense minister announced – via Twitter…

Energy-related liberalization, privatizations top fourth review agenda; EWG on Thurs.

By N. Bellos  [email protected] Greece’s preparation to exit its third – and last – bailout comes under European creditors’ scrutiny this week and until a regularly scheduled Eurogroup meeting on…

Greek Mirage 2000 crashes off island of Skyros

A Hellenic Air Force Mirage 2000 reportedly crashed on Thursday just after noon (11.00 GMT) near the the central Aegean island of Skyros, which hosts a military air base. According…

Greek unemployment rate eases to 20.6% in Jan. 2018

The unemployment rate in Greece reached 20.6 percent in January 2018, reduced from 23.2 percent in the same month in 2017 and slightly lower from the previous month, December 2017,…