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Thursday, 22 September 2016

ND lead by 7.5 percentage points in latest opinion poll

Main opposition New Democracy (ND) party leads by 7.5 percentage points over ruling SYRIZA party in the latest opinion poll released this week. Results of the poll were announced on…

Naftemporiki’s inaugural con’f on the Greek retail sector concluded in Athens

Naftemporiki’s inaugural conference on the Greek retail sector and consumer goods market took place at a downtown Athens hotel on Thursday, with scores of representatives of major retail chains, the…

Handful of issues still need resolution for Helleniko project, even after Parliament OK

A landmark contract for the Helleniko real estate project may have been ratified by a wide Parliament majority on Wednesday, yet more work remains before bulldozers actually arrive at the…

Tsipras predicts growth will return to Greek economy this week, meet expectations in 2017

Greek Prime Minister Alexis Tsipras appeared optimistic over the crisis-plagued Greek state’s prospects for returning, timidly, to bond markets next year, in an interview with Reuters in New York this…

EU-Turkey refugee agreement, asylum seeking Turkish officers discussed in Tsipras-Erdogan meeting in NYC

Greek Prime Minister Alexis Tsipras met with Turkish President Recep Tayyip Erdogan on Wednesday afternoon in New York, with the ongoing refugee crisis topping the brief contacts, which were held…

Wednesday, 21 September 2016

Contract for Helleniko real estate project ratified by Parliament

Α bill containing a concession for the Helleniko real estate project was approved by a wide margin on Wednesday during a parliament vote. Besides MPs from ruling SYRIZA and its…

Draft law containing ‘prior actions’ to be tabled on Thur.

A long-awaited draft law containing provisions for the implementation of 13 remaining “prior actions” demanded from Athens by institutional creditors will, by all accounts, be tabled on Thursday. Composing, ratifying,…

VAT remittances exceed targets in Aug, first 8-month period

 VAT remittances in August 2016 reportedly surpassed the target for the specific month, while the target for the first eight-month period was surpassed by 3.01 percent.The finance ministry’s…

VAT remittances exceed targets in Aug, first 8-month period

VAT remittances in August 2016 reportedly surpassed the target for the specific month, while the target for the first eight-month period was surpassed by 3.01 percent.The finance ministry’s services…

Reports: Relevant com’t to rule against asylum request by 3 Turkish military cadres

Press in Athens on Wednesday claimed that a relevant judicial committee has ruled against an asylum request by three out of eight Turkish military officers that fled the neighboring country…

SYRIZA lawmaker: BoG audit on Attica Bank will be given to political opposition

A top ruling SYRIZA lawmaker on Wednesday said the top managers of non-systemic Attica Bank will be summoned to a relevant Parliament committee probing bank loans to political parties and…

More than 210K visitors at this year Thessaloniki trade fair

More than 210,000 visitors passed through the doors of the 81st Thessaloniki International Fair (TIF) this month, organizers announced on Wednesday. Next year’s honored country will be the People’s Republic…

Draft law foreseeing sale of minority stake of power grid operator to strategic investor tabled

One of 13 remaining “prior actions” demanded by institutional creditors has apparently entered the “final stretch” towards implementation, as the government on Tuesday submitted draft legislation to Parliament allowing the…

Sale of natgas grid operator DESFA hangs in the balance

The Greek government, via the relevant energy minister, on Tuesday said it wants to continue the privatization for the state-run gas grid operator, DESFA, under the conditions set by the…

Tsipras-Erdogan meeting today at UN

Greek Prime Minister Alexis Tsipras will meet with Turkish President Tayyip Recep Erdogan on Wednesday in New York, on the sidelines of the UN General Assembly currently taking place there.…

Tuesday, 20 September 2016

US diplomatic delegation tours Energean facilities in northern Greece

The US Consul General in Thessaloniki, Rebecca Fong, on Tuesday toured the Energean oil and gas production facilities at the Prinos site, off the northern Greek port city of Kavala.…

Greek govt announces 3.756 bln € primary budget surplus for Jan-Aug period

The Greek finance ministry on Tuesday reported a central government primary budget surplus of 3.756 billion euros over the first eight months of 2016. The target for the same period…

Deadline looms for submitting, ratifying memorandum-mandated ‘prior actions’

By T. Tsiros & N. Bellos Sept. 26 is the apparent deadline for ratifying a draft bill through Parliament that must include all 13 remaining “prior actions” demanded by creditors…

Tax evasion, money laundering probes ongoing against Kalogritsas father and son

At least two ongoing judicial investigations are focusing on construction company owner Christos Kalogritsas and his son Yiannis on charges of money laundering and tax evasion, according to reports in…

Alt. FinMin: 80% of public lands in greater Athens area illegally appropriated, occupied

A relevant alternate finance minister on Monday submitted documents, in reply to a tabled question in Parliament, reportedly showing the extent of an intractable problem that has been the scourge…

Arrests made in the wake of clashes between migrants on Lesvos

Police on the eastern Aegean island of Lesvos detained 18 foreign nationals in connection with Monday evening’s widespread violence at the Moria “hotspot” on the island, with nine of the…

Apache helicopter crashes into sea during exercise; pilots rescued

A Greek army Apache attack helicopter (AH-64D) crashed in a sea region west of the northern Greece port city of Kavala on Tuesday morning, with both pilots rescued and taken…

Showdown averated over Attica Bank board; audit reveals 128 mln€ in loans to single construction firm owner

A Bank of Greece (BoG) audit of non-systemic Attica Bank has reportedly revealed 128 million euros in loans to one businessman alone, Christos Kalogritsas, whose son is listed as the…

Monday, 19 September 2016

CEO of natgas grid operator DESFA resigns; no development in negotiations with Socar

The CEO of the Hellenic Gas Transmission System Operator (DESFA), which operates the state-owned natgas grid in the country, on Monday tendered his resignation from the post. According to reports…

Cosco ‘blueprint’ to create major ship-repair zone in port of Piraeus

By A. Tsiblakis Reports that Chinese multinational Cosco has begun the sea transport of a massive 300,000-ton floating dock, which is destined for the greater Piraeus shipbuilding zone, is apparently…

Greek PM Tsipras addresses UN general assembly on migrant-refugee problem

Greek Prime Minister Alexis Tsipras, speaking from the podium of the 71st UN general assembly on Monday, warned the international community that if it fails to deal with the current…

‘N’: Negotiations over labor market liberalization along 8 ‘axes’

A final draft by an experts’ committee on labor relations and reforms is expected to be handed to the relevant Greek minister this week, given that Athens begins crucial negotiations…

New Gulf Air flight schedule to and from Athens

Gulf Air, the national carrier of Bahrain, on Monday announced a new schedule for flights to and from Athens. Gulf Air currently operates four flights a week between Bahrain and…

All eyes on developments at Attica Bank this week

 By A. Doga A new board of directors and top management for non-systemic Attica Bank is expected to be unveiled this week, a week after the bank shot to…

BoG Gov: SSM, central bank report on Attica Bank to be forwarded to judiciary

A “truce” was more-or-less apparent over the weekend following an unscheduled meeting on Saturday between Greek Prime Minister Alexis Tsipras and Bank of Greece (BoG) Gov. Yannis Stournaras, held at…