English

Tuesday, 10 January 2017

FinMin schedules talks in bid to unblock 2nd review process; fiscal targets in limbo

By N. Bellos The standing difference between creditors themselves and between creditors and the leftist Greek government over the issue — and primarily the level — of primary budget surplus…

New Piraeus-based marine insurance firm announces positive inaugural results

American Hellenic Hull Insurance Company (AHHIC), a new marine insurance company established last year by the American P&I Club’s alliance with Hellenic Hull Management, this week reported more than 1,000…

Police officer guarding PASOK HQ injured by gunfire

One police officer was injured by gunfire outside the main offices of the PASOK political party in central Athens on Tuesday morning, after a lone gunman opened fire at a…

Monday, 09 January 2017

Tabled question queries minister over delays at Helleniko project

Former foreign minister and Athens mayor Dora Bakoyanni on Monday tabled a question to the relevant Economy and Development Minister Dimitri Papadimitriou in Parliament requesting to know why a major…

Tsipras-Erdogan phone talks on Cyprus negotiations

Government sources touched on Monday’s telephone call between Greek Prime Minister Alexis Tsipras and Turkish President Recep Tayyip Erdogan, who spoke for about 10 minutes on issues affecting resurgent multi-state…

Daycare centers closed in Athens on Tues. due to snowfall

Daycare centers in the municipality of Athens will be closed on Tuesday due to expected early morning frost and snow, the city announced on Monday afternoon.   Municipal crews were…

Commission spox: Greek authorities responsible for conditions at refugee reception centers

A Commission spokeswoman on Monday referred to conditions for Mideast refugees in Greece amid the cold front passing through the country, noting that the Commission “is aware that the situation…

New unified social security fund absorbs 60 entities

No less than 60 state-affiliated social security entities disappeared — as independent legal entities — in Greece as of Jan. 1, 2017 with the establishment of new Unified Entity for…

Fate of 8 Turkish servicemen who requested political asylum generates int’l, local scrutiny

The fate of eight Turkish servicemen that requested political asylum in Greece after landing with a military helicopter at a northeast airport a day after an abortive coup in the…

Athens wants fixed date for second review in order to join ECB’s QE program

By G. Kouros Behind-the-scenes consultations are reportedly continuing in order to restart official negotiations aimed at completing the now delayed second review of the Greek program, which will affect, among…

Thursday EWG meeting to indicate progress towards completion of now delayed 2nd review of Greek bailout

By N. Bellos Thursday’s EWG session, the first of 2017, will apparently indicate whether the leftist Greek government’s optimism over a successful completion of negotiations for a second review of…

Snow, frost covers most of Greece on Mon.

Most of Greece, including the Aegean islands as far south as Crete, were covered with snow on Monday, excluding the plains of the greater Athens area, the most populous region…

Volos port authority eyes prospect of container port investment

By V. Vegiri The Port Authority of Volos, in central coastal Greece, is reportedly ready to submit a funding proposal, via the so-called “Juncker package”, to create a container terminal…

Sunday, 08 January 2017

Greek minister: Govt strategy aims neither at withdrawal or continued presence of IMF in bailout program

Greek minister Nikos Pappas, one of the closest associates of Prime Minister Alexis Tsipras in the current leftist-rightist Cabinet, on Sunday said Athens’ strategy does not aim for either the…

Saturday, 07 January 2017

Labor minister: No to austerity measures after 2018; ‘unreasonable’ IMF demands

It was Labor Minister Efi Ahtsioglou’s turn over the weekend to express the leftist Greek government’s steadfastness in the face of possible new and “unreasonable demands” by the International Monetary…

Greek FM: Latest meeting with Turkish counterpart over Cyprus issue fails to achieve progress

The latest meeting between the Greek and Turkish foreign ministers to find more common ground vis-a-vis ongoing negotiations to resolve the long-standing Cyprus issue again proved fruitless, with the Greek…

ND spox: Extension of automatic spending cuts mechanism is extension of bailout memorandum

Any extension of an automatic spending cuts mechanism, dubbed the “cutter” by the opposition and media, will be considered an extension of the third bailout memorandum, a spokesman for main…

Thursday, 05 January 2017

Sources: No Erdogan-Tsipras meeting before latest round of Cyprus talks

Speculation over a meeting between Greek Prime Minister Alexis Tsipras and Turkish President Recep Tayyip Erdogan before a new round of talks in Geneva for a Cyprus solution was mostly…

Latest criticism of PM by SYRIZA MEP

The latest political “fireworks” in recession-battered Greece was an internal party affair this week, as a European MEP elected on the ruling SYRIZA party’s ticket took aim at Greek Prime…

Weapons, ammo reportedly found in garage used by recently arrested terror fugitive Roupa

Weapons and ammunition was discovered, according to reports, in a basement garage of an apartment building in the coastal Alimos district of Athens after the arrest this week of fugitive…

Employers’ federation again cites specter of Greek exit from EU

The Federation of Greek Enterprises (SEV), Greece’s largest employers’ association and the one-time union of industrialists, this week warned in its most recent bulletin of a risk for country’s exit…

Athens int’l airport posts best-ever performance in 2016

Athens’ Eleftherios Venizelos International Airport (AIA) surpassed the 20-million-passenger mark for 2016, posting its best-ever performance since opening. The number of passengers passing through Greece’s biggest airport reached 20.02 million…

Cruise ship sector ‘satisfactory’ in 2016; ‘clouds’ appear over 2017 season, port association says

2016 was judged as a satisfactory year for the cruise ship tourism sector in Greece, although the first “shadows” are appearing over prospects for the 2017 season, according to results…

Another 2 new vessels for Diana Shipping

The NYSE-listed shipping group Diana recently announced the addition of two newly built vessels into its fleet, with the bulk carriers “San Francisco” and “Newport News” – both honoring well-known…

Wednesday, 04 January 2017

Marinopoulos misses Dec. 2016 payroll; all parties waiting for court decision on bankruptcy petition

A decision by an Athens first instance court over an Article 106B bankruptcy petition filed by the troubled Marinopoulos supermarket group has still not been issued, with a Feb. 14,…

Μ. Βαρβιτσιώτης: Η κυβέρνηση μετέτρεψε το Ελληνικό σε «Ειδομένη»

«Βέλη» κατά του πρωθυπουργού Αλέξη Τσίπρα και της κυβέρνησης για το προσφυγικό – μεταναστευτικό εξαπολύει ο τομεάρχης Μεταναστευτικής Πολιτικής της Νέας Δημοκρατίας Μιλτιάδης Βαρβιτσιώτης, καταλογίζοντάς τους ότι «έχουν μετατρέψει το…

Greek tourism sector official: Pre-bookings for 2017 very satisfactory so far

By L. Karageorgos & N. Bellos Pre-bookings for holidays in Greece for the upcoming season are reportedly reaching double-digit figures, which are coinciding with a dramatic drop in bookings for…

Serbian FM: Belgrade was foolish to recognize fYRoM under constitutional name

Serbia’s foreign minister, Ivica Dacic, was quoted this week as bemoaning the fact that his country recognized the former Yugoslav Republic of Macedonia (fYRoM) as “Republic of Macedonia”, the constitutional…

Circular orders return of wages paid to civil servants hired with bogus paperwork

A General Accounting Office circular apparently restores, with an even harsher version, a previous decision to cashier civil servants that achieved their public sector hiring with fabricated or bogus documentation,…

First notifications by new unified social security fund expected this month

The labor and social insurances ministry is expected to begin sending out electronic notifications this month for payment of social security payments due by the end of February 2017, with…