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Wednesday, 14 June 2017

Govt, opposition trade barbs over debt relief issue

Main opposition New Democracy (ND) party on Wednesday launched into a full frontal attack on Greek Prime Minister Alexis Tsipras, a day before a crucial Eurogroup meeting in Luxembourg, charging…

14 Fraport-managed airports in Greece report higher passenger traffic in May 2017

Fourteen regional airports around Greece now managed by the German-Greek Fraport Greece consortium posted an overall increase of 7.4 percent in passenger traffic last month. The consortium assumed the management…

Moscovici on Greek issue: Eurozone members shouldn’t ‘play with fire’

EU Commissioner Pierre Moscovici on Wednesday reiterated his support for the Greek side ahead of Thursday’s Eurogroup meeting in Luxembourg, warning Euro zone members not to “play with fire”. He…

Eurozone official: Deal on Greek program mostly assured at Eurogroup; debt relief a ‘long shot’

By N. Bellos A top Euro zone official on Tuesday said an agreement over the Greek program at Thursday’s Eurogroup meeting was more-or-less assured, while adding that the IMF will…

Tuesday, 13 June 2017

Tsipras: If unsatisfactory deal offered by Eurogroup, debt relief issue will be brought to summit venue

Greek Prime Minister Alexis Tsipras on Tuesday ruled out any debt relief offer similar to the one tabled by creditors at a May Eurogroup meeting, making the statement before his…

fYRoM FM Dimitrov to meet with ND’s foreign policy head on Wed.

A visit to Athens on Wednesday by the new foreign minister of the former Yugoslav Republic of Macedonia (fYRoM), Nikola Dimitrov, will include a meeting with main opposition New Democracy…

Eurostat: Greece at 77% of EU’s Actual Individual Consumption per capita index

The EU’s Actual Individual Consumption per capita index was at 77 percent of the Union’s average, Eurostat announced on Tuesday. The index measures the actual economic level of households’ living…

ECB’s Cœuré: Athens has done its part, now it’s the Eurogroup’s turn

ECB  executive board member Benoît Cœuré told Bloomberg this week that it’s now the Euro zone finance ministers’ turn to “deliver” in confirming the sustainability of the Greek debt, speaking…

Hellenic Fiscal Council head to “N”: Greek GDP growth in 2017 revised to 1.5%

By Vassilis Kostoulas [email protected] Τhe head of the Hellenic Fiscal Council (HFisc), an independent authority established in 2014, is the latest high-ranking official to revise the forecast for the Greek…

Cabinet meeting abruptly called for Tues.

Greek Prime Minister Alexis Tsipras’ office on Monday announced that a previously unscheduled Cabinet meeting will be held on Tuesday, two days before a crucial Eurogroup meeting convenes. The latter…

Monday, 12 June 2017

Οne fatality reported from quake damage on isle of Lesvos

The body of a 43-year-old woman was pulled from the rubble of a residence in the village of Vrisa, on the eastern Aegean island of Lesvos, hours after a strong…

Prospects of solving ‘name issue’ to jump-start fYRoM’s Euro-Atlantic rekindled

A change in leadership in the neighboring former Yugoslav Republic of Macedonia (fYRoM) this month has apparently rekindled interest in that country’s Euro-Atlantic prospects, and inevitably, in solving the nearly…

Le Maire in Athens; presents details of French plan to peg Greek GDP growth with debt relief

Visiting French Economy Minister Bruno Le Maire reportedly presented a “compromise solution” over the Greek debt issue in talks with the country’s top leadership in Athens on Monday. In statements…

One woman missing hours after strong quake hits Lesvos

Firefighters were searching for the resident of a partially damaged home in the village of Vrisa, on the island of Lesvos, on Monday afternoon in the wake of a strong…

Piraeus Port Authority (OLP) signs MoU with Shanghai port group, world’s biggest

The Cosco-managed Piraeus Port Authority (OLP) and Shanghai International Port Group, the world’s biggest commercial port, on Monday signed a MoU envisioning cooperation in infrastructure studies, personnel training, information exchange…

Strong earthquake, 6.1, SW of Lesvos shakes eastern Aegean

A strong earthquake measuring 6.1 on the Richter scale was recorded at 15.23 (13.28 GMT) some 37 kilometers southwest of the eastern Aegean island of Lesvos, across from the Asia…

Latest figures show private sector wages down 2% in Aug 2016, compared to same month in 2015

By S. Papapetros Social security funds on Monday reported a 2.07-percent reduction in private sector wages for August 2017, the last month for which figures have been released. The figure…

EZ scenario eyes greater bailout tranche, ‘tangible’ support for Athens

By T. Tsiros [email protected] Discussions are reportedly continuing at the top Eurogroup  echelons over what “offset” measures can be offered to the embattled Tsipras government over the coming months, given…

State will expropriate properties damaged in lignite complex landslide; 25 mln tons affected

The Greek government on Sunday announced that it would proceed with the obligatory expropriation of properties damaged in major landslide a day earlier at an open lignite pit in the…

Top German lawmaker: Emphasis on growth, not debt relief; Moscovici: Creditors must fulfil obligations

“A difficult balancing act” is the way a top one German lawmaker described Wolfgang Schaeuble’s task at the upcoming Eurogroup meeting, where Greek debt relief is expected to dominate the…

Sunday, 11 June 2017

State of emergency in N. Greece township after lignite mine landslide

A state of emergency was declared on Saturday in a northern Greece district after a massive landslide occurred at a lignite pit in the Amyntaio site, in Florina prefecture.  …

More red-tape cleared in path towards starting landmark Helleniko project; ‘forest’ ruling appealed

By T. Igoumenidi [email protected]   The massive real estate redevelopment project at the coastal Helleniko site moved a step forward this week with the submission, on the part of the…

Athens says 1,684 5-year residence permits issued in ‘Golden Visa’ program; total reaches one billion euros

Athens last week announced that a visa program linked with the purchase of real estate in the country exceeding 250,000 euros has already attracted roughly one billion euros to the…

Friday, 09 June 2017

Latest round of ‘prior actions’ passed by 153 MPs backing govt

The slim leftist-rightist coalition in Greece held firm on Friday during a vote for the latest – and probably last – round of “prior actions” demanded by creditors in order…

EIU continues to maintain forecast of 1.2% Greek GDP growth in 2017

The Economist Intelligence Unit this week stood by its forecast for Greek GDP growth of 1.2 percent in 2017, a week after the country’s statistics bureau announced that a revised…

Ombudsman’s office to probe report of illegal return of Turkish asylum seekers; denial of abortion procedure

Greece’s ombudsman will reportedly investigate claims that Greek authorities illegally returned Turkish nationals that recently sought international protection after fleeing from the neighboring country, as well as another high-profile incident…

Greek, UAE foreign ministers discuss Gulf developments in phone contact

Greek Foreign Minister Nikos Kotzias on Friday spoke by phone with his counterpart from the United Arab Emirates, Anwar Mohammed Gargash, with talks focusing directly on the latest developments in…

Pupil, 11, killed by stray bullet during school event in NW Athens

An 11-year-old elementary pupil was killed by stray bullet that struck him in the head during a school event in a northeast Athens district on Thursday evening, authorities said on…

Thessaloniki port authority CEO: Privatization to be completed in five months

Thessaloniki Port Authority (OL.Th) managing director Dimitris Makris on Thursday expressed optimism that the port’s privatization will be concluded within the next five months. Speaking during a press briefing to…

Govt tables measure to freeze pensions until 2022; latest package of ‘prior actions’ submitted

The latest and probably last round of “prior actions” demanded by creditors to conclude the long overdue second review of the Greek program was submitted to Parliament on Thursday, with…