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Thursday, 08 March 2018

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,…

Govt still hopes Oct. revision of 2017 GDP will reach forecast

By T. Tsiros [email protected] Reduced state spending in order to achieve an over-performance in fiscal targets, as well as mostly stagnant household spending despite extraordinary welfare payments doled out by…

Ryanair unhappy with expected rate hikes at 14 Fraport-managed airports around Greece

By F. Zois http://[email protected] Ryanair’s displeasure with looming rate hikes at 14 regional airports managed by a Fraport-led consortium came this week from official lips, with the low-cost airliner’s chief…

Trainose submits binding offer for rolling stock maintenance company

FSI-controlled Trainose, the dominant and previously state-owned rail operator in Greece, on Tuesday submitted a binding offer for the 100-percent acquisition of another state-controlled entity that provides rolling stock maintenance…

Tsipras – Guterres phone contacts

Greek Prime Minister Alexis Tsipras spoke by phone on Tuesday with UN chief Antonio Guterres, with the former’s office later saying the two men discussed regional issues, EU-Turkey and Greek-Turkish…

HFSF publishes guidelines on board selection, appointment process for Greek systemic banks

The Hellenic Financial Stability Fund (HFSF) on Tuesday published its revised guidelines on the board of directors’ selection and appointment process for Greece’s four systemic banks (Alpha Bank, Eurobank, National…

Commission spox, Mogherini call for swift, positive outcome to case involving 2 Greek servicemen

A European Commission spokesman on Tuesday was the latest official to comment on a still unresolved case involving two Greek servicemen who allegedly strayed into Turkish territory last week, as…

Anti-terrorism operation targets alleged neo-Nazi group

An operation by police’s anti-terrorism unit was underway in the greater Athens area and at least one provincial city, beginning in the early morning hours, and targeting what initial reports…

Govt spox: Case of 2 detained servicemen shoulld not lead to ‘diplomatic thriller’ with Turkey; Mitsotakis reaction

A Greek government spokesman on Tuesday expressed a view that the case of two Greek servicemen being held by Turkish authorities, after allegedly straying across a land border between the…

Court temporarily delays compensation award by state to Hellenic Shipyards; unit’s fate uncertain

The Greek state this week apparently received a short reprieve from an international court order mandating that it pay the Hellenic Shipyards at Skaramangas up to 200 million euros, a…

Minister: Full privatization of Hellenic Petroleum group by June

A looming privatization of partially state-owned Hellenic Petroleum (Hel.Pe) group involves a latest scenario by which the state and the group’s other major shareholder, Paneuropean, together offer up a 51-percent…

Monday, 05 March 2018

EU Commissioner files motion to have anonymous prosecution witnesses’ identity revealed

EU Commissioner Dimitris Avramopoulos on Monday filed a motion with a relevant supreme court deputy prosecutor demanding that the names of three “protected witnesses” who provided controversial testimony in a…

Average of 2,800 asset seizures per day necessary for public revenues authority to meet 2018 targets

By G. Kouros [email protected] An “avalanche” of state-mandated seizures of assets in tandem with the confiscation of bank deposits for arrears to the tax bureau and social security funds is…

FinMin official appointed as Parliament Budget Office head; opposition criticism

A top government official, Frangiskos Kountetakis, on Monday was appointed as the new head of Parliament’s independent Budget Office, after a majority vote by committee members elected from the two…

Media reports: Appeal for release of 2 Greek servicemen rejected by Turkish court

A first instance court in the European Turkey city of Edirne on Monday has reportedly rejected an appeal to release two Greek army servicemen, who are held in the neighboring…

Shipping minister: Greek interests should do more for the country

The Greek shipping community should do more to support the country, relevant shipping and island policy minister Panayiotis Kouroumblis told an audience at the concluded Delphi economic forum over the…

Statistics authority: Greek GDP up by 1.4% in 2017, lower than target of 1.6%

Greek GDP grew by 1.4 percent, yoy, in 2017, down by 0.2 percent on an annual basis from the previously stated goal of 1.6 percent, according to Greece independent statistics…

All eyes on Edirne court in case involving 2 Greek servicemen held by Turkish authorities

A closely watched trial against two Greek servicemen held by Turkish authorities after allegedly straying across the land border between the two countries on Thursday may be delayed for several…

SEKAP wins injunction blocking collection of 45mln€ pending legal battle

By G. Hatzilidis [email protected] Northern Greece cigarette manufacturer SEKAP has won a first legal battle to keep the company afloat as it awaits a first instance court verdict on its…

Mytilineos group announces 300-mln€ natgas-fired power unit in Viotia prefecture

Athens-based Mytilineos group has announced an investment of up to 300 million euros for the creation of a new natural gas-fired power station, with company executives announcing the project at…

Greek govt ‘on edge’ over coming economic developments

By G. Kampourakis [email protected]   The Greek government is awaiting a decision on Monday by a provincial first instance Turkish court, in Edirne, over the fate of two Greek army…

Sunday, 04 March 2018

Wieser stands by 200bln€ damages estimate from Greece’s 2015 negotiations; Varoufakis, govt reactions

Former Euro Working Group (EWG) president Thomas Wieser over the weekend continued to insist on his 200-billion-euro estimate of damages incurred by Greece from the shambolic first-half negotiations in 2015…