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Monday, 12 March 2018

Cypriot govt spox: ExxonMobil research vessel in Limassol on Wed.

The Ocean Investigator, one of two exploratory drilling ships operated by ExxonMobil, is expected to arrive in the port of Limassol on Cyprus this Wednesday, in order to conduct environmental…

ESM, Eurozone: 5.7-bln€ tranche for Greece after March 15

A 5.7-billion-euro tranche bailout loan money included in the ongoing bailout program will be disbursed to Greece in the second half of this month, Eurogroup president Mario Centeno and ESM…

Govt suspends Greek pro football competition until further notice following latest disturbances at PAOK’s homefield

The relevant sports minister on Monday announced the suspension, until further notice, of Greece’s Superleague football championship, following yet another unfinished game on Sunday evening on PAOK Thessaloniki’s home field,…

Sunday, 11 March 2018

Raucous derby between PAOK Thessaloniki, AEK Athens interrupted

A derby in Greece’s Superleague (first division) on Sunday evening in the northern city of Thessaloniki between league-leading Athens Athens and hometown PAOK never ended, after the referee apparently nixed a…

Massive new floating dock arrives for use at the port of Piraeus

By A. Tsimplakis [email protected] A floating dock recently purchased by the Piraeus Port Authority (PPA) arrived on Sunday morning in the Gulf of Elefsina, west of Piraeus. The new floating…

Two Greek program ‘prior actions’ on Eurogroup agenda on Mon.

Eurozone finance ministers will be briefed on Monday at the Eurogroup setting over Athens’ fulfillment of two remaining “prior actions” linked with the third review of the ongoing bailout, the…

DM warns of possible ‘fatal accident’ involving Greek, Turkish armed forces

Greek Defense Minister Panos Kammenos was quoted by the French daily “Liberation” over the weekend as warning that the armed forces of Greece and Turkey are “very close to a…

Mitsotakis promises to lower taxes, social security contributions if elected

Main opposition New Democracy (ND) president Kyriakos Mitsotakis again promised lower taxes and social contributions in Greece, if he and his party win the next general election, saying the goal…

Saturday, 10 March 2018

Two German reporters arrested in restricted Evros border region

Two German journalists were arrested on Friday in a restricted military zone in the northeast border prefecture of Evros, at a location near the village of Praggi, near the town…

3 investment schemes qualify for next phase of Chios marina tender

Greece’s privatization agency, the Hellenic Republic Asset Development Fund (HRADF), this past week short-listed three investment schemes as qualified to proceed to a next phase of a tender for the…

Loutraki casino reopens after temporary closure; gaming fee paid

A troubled casino in Loutraki, outside the south-central city of Corinth, west of Athens, has resumed operation after a temporary suspension, its management announced on Friday. According to a statement…

Govt takes first step in possible cash-for-squatted-land scheme

Greece’s finance ministry is seriously studying the prospect of giving squatters of state land – most of whom have built illegal structures at the locations – the right to purchase…

Friday, 09 March 2018

FinMin circular lowers GDP forecast for 2018 to 2.3% from 2.5%

A circular issued by Greece’s finance ministry on Friday cites a 2.3-percent forecast for GDP growth in 2018, down from 2.5 percent included in the state budget for the year.…

Greek DM refers to Greek ‘hostages’ in Turkish prisons; opposition rails against Tsipras personally

Greek Defense Minister Panos Kammenos on Friday more-or-less broke his “radio silence” on the continued incarceration of two army servicemen, who allegedly strayed into Turkish territory last week, referring to…

Greek state to issue 12-month bond on March 14

A 12-month state bond will be issued on March 14, Greece’s public debt management organization announced on Friday, confirming a sameday “N” report. The issue will mark the first time…

Greece eyes 12-month bond issue, first after eight years

Greece’s Public Debt Management Organization is expected to announce a 12-month bond issue, even within the day, roughly eight years after the Greek state last issued such paper. According to…

Thursday, 08 March 2018

‘N’ con’f on private insurance held in Athens

By S. Papapetros & S. Emmanuil The social security system in thrice-bailed out Greece should be viewed as a serious economic problem whose solution demands a change in the way…

18 foreign nationals arrested for string of attacks, muggings around Acropolis archaeological site

Police announced 18 arrests on Thursday related to a string of particularly violent armed robberies and muggings of tourists and passersby around the highly popular Acropolis archaeological site in central…

95 out of 332 e-auctions around Greece successfully completed on Wed.

A total of 95 electronic auctions, out of the 332 scheduled around Greece, were successfully completed on Wednesday, according to a notaries’ association. Ninety-six scheduled e-auctions were called off, following…

Athens court approves appointment of special administrator for Hellenic Shipyards; EU case on March 15

By A. Tsimplakis [email protected] An Athens first instance court on Thursday approved the appointment of a special administrator for the troubled Hellenic Shipyards Co. at Skaramangas, according to high-ranking sources…

Debt relief to be included in looming talks between Athens, creditors to conclude 3rd bailout

By T. Tsiros [email protected] Resumed negotiations between Athens and its institutional creditors, ahead of the fourth and last review of the current (third) bailout, will also revolve around the imperative…

Mitsotakis promises emphasis on investments, speaking from Rhodes

Main opposition New Democracy (ND) president Kyriakos Mitsotakis promised a “return to normalcy” and an emphasis on attracting investments to the recession-battered country, speaking on Wednesday from a large tract…

Greek military chief meets with US ambassador on Wed.

Greece’s chief of the national defense general staff, Adm. Evangelos Apostolakis, on Wednesday received US ambassador to Greece Geoffrey Pyatt, amid a recent spike in tensions in the eastern Mediterranean…

Wednesday, 07 March 2018

Turkish-flagged pleasure craft change designation in order to continue east Aegean mini cruises; Greek framework pending

By A. Tsimplakis [email protected] A “Turkish wave” of professional pleasure craft is again expected to target the foremost holiday destinations in the eastern Aegean this summer, amid a still fuzzy…

Turkish presidential adviser: Not 6th, not even 66th fleet will deter Turkey

Turkish saber-rattling continued unabated on Wednesday, with an aide to Turkish president Recep Tayyip Erdogan boasting that “not the sixth, but not even if the 66th fleet can put Turkey…

Turkey PM: 2 Greek servicemen violated border, case before justice system

The first official reaction by a top Turkish government official vis-a-vis the still unresolved case of two Greek servicemen being held in Turkey for allegedly straying into that country’s border…

BoG sources angrily deny Internet claims of central banker’s accounts being frozen

A close aide to Bank of Greece (BoG) Gov. Yannis Stournaras on Wednesday categorically denied a pair of online reports over the previous 24 hours claiming that bank accounts belonging…

Appellate council rules against extradition of Kurd arrested before Erdogan visit to Athens

A three-justice appellate council in Athens on Tuesday ruled against the extradition of one of nine Turkish citizens, identified as ethnic Kurds, facing charges in Turkey. The nine individuals were…

Legal battle looms between troubled Loutraki casino, Greek state

By L. Kalamara [email protected] A new round of legal clashes between the troubled Club Hotel Casino Loutraki, west of Athens, and the Greek state has commenced, following this week’s decision…

Tuesday, 06 March 2018

fYRoM PM proposes int’l treaty on ‘name issue’, rather than constitutional change

The prime minister of the former Yugoslav Republic of Macedonia (fYRoM), Zoran Zaev, on Tuesday proposed the signing and ratification of an international treaty for a possible “name issue” resolution,…