Category: GREECE

Greek minister appeals to IMF chief via FT letter; says pension figures misleading

Greek labor minister Effie Achtsioglou makes the case against further cuts for the country’s pensioners in a letter addressed and published to the “Financial Times”, where she says she hopes IMF chief Christine Lagarde “will listen”. Achtsioglou, a first-term lawmaker who was tapped for the portfolio after serving as a top adviser to the previous […]

Cyprus spokesman says Akinci’s decision to leave meeting was pre-determined

Turkish Cypriot leader Mustafa Akinci’s decision to leave the meeting with Cyprus President Nicos Anastasiades on Thursday was pre-determined, the Cypriot Government Spokesman Nikos Christodoulidis said on Friday. Christodoulidis said Akinci’s demeanor was clear before the meeting began when he demanded that the only issue up for discussion would be the decision by Cyprus’s Parliament […]

ND accuses government of lack of security in the country

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Friday (17/02/2017) speaking to Parliament said that Greece is an ungovernable country, and the situation is out of control as a result of government decisions and policies. “The security of the citizens is the most important obligation of the state … an organised state must guarantee […]

Turkish vessel opens fire

A Turkish military patrol boat fired shots early Friday morning in the area around the eastern Aegean island of Farmakonisi, the Greek defense ministry said. According to the ministry, Turkish authorities issued a Navtex on Thursday informing of a military exercise with live ammunition in the area east of Farmakonisi on Friday morning. But the […]

Piraeus Port Authority pre-tax profits up 13% in 2016

The now Cosco-managed Piraeus Port Authority on Thursday reported a 13-percent increase in pre-tax profits for 2016, with turnover totaling 103.5 million euros, up from 99.9 million in 2015. Pre-tax profits totaled 11 million euros, up from 9.8 million in 2015. Overall operating expenses dropped by 8 percent to 92.8 million euros in 2016, down […]

Human remains found in a well

Coroners at the University hospital in Iraklio, Crete, were examining on Friday the remains of a person found in a well next to a cemetery in the town of Malia. The remains were discovered on Thursday by a crew that went to clean the well. A leather belt and a camera were found lying next […]

The influential Greek painter Dimitris Mitaras is no longer with us…

The famous Greek painter Dimitris Mitaras died on Thursday aged 83 after years of struggling with serious health problems that finally claimed his eyesight. He was a teacher in the Athens School of Fine Arts from 1969 and Dean of the school from 1982 to 1985. He also founded at his birthplace Chalkida, with the […]

Skourletis rules out early elections

With bailout negotiations at a standstill, Interior Minister Panos Skourletis has dismissed speculation that early elections or a referendum are on the cards. The government, he said on Friday, is fully focused on concluding the second review of the country’s third bailout and insisted that Greece is within the targets set. “2016 had positive results […]

Regling says Greece may return to markets in summer 2018

Greece will be able to return to financial markets in the summer of 2018 and can end its bailout program, but it must implement with determination the reforms agreed with its creditors if it wants to regain the trust of private investors, the head of the eurozone bailout fund said on Thursday. Speaking at a […]

Weather forecast: Mostly fair

Mostly fair weather and winds from variable directions are forecast for Friday. Wind velocity will reach 4 on the Beaufort scale. Partly cloudy in the northern and western parts of the country with temperatures ranging from -02C to 16C. Mostly fair in the eastern parts with temperatures between 03C to 15C. Scattered clouds over the […]

Disruptions in Athens Friday and over weekend

Workers at the Athens metro, the Piraeus-Kifissia electric railway (ISAP) and the tram will hold a work stoppage Friday from 12 noon to 3 p.m. to protest new legislation that will allow the Athens Public Transport Organization (OASA) to make commercial use of stations and areas belonging to STASY, the operator of the capital’s fixed-track […]

House votes to extend short-term contracts of some 2,000 firefighters

Lawmakers Thursday voted through legislation to extend the short-term contracts of some 2,000 firefighters for another three years before they are hired on a permanent basis. The legislation was approved on the very day their contracts expired and followed union protests. Hundreds of firefighters gathered outside Parliament while the draft legislation was being debated Thursday. […]

Father, son sentenced in fraud case

A court in Thessaloniki Thursday handed down a suspended 4.5-year prison sentence to a father and son on charges of fraud and forgery. The court heard that the men misled victims into believing they could get them jobs in the civil service using their supposed connections with politicians. According to the case file, the pair […]

NATO’s Aegean patrols to continue

Patrols by the Standing NATO Maritime Group 2 (SNMG2) in the Aegean to stem the flow of migrants into Europe will continue despite objections by Turkey, defense ministers agreed Thursday at a NATO summit in Brussels. “The prevention of refugee flows with NATO ships will continue as long as there are prospective illegal migrants or […]

Tsakalotos: ‘Viable compromise’ over Greek program in Europe’s best interests

Greek Finance Minister Euclid Tsakalotos said the best proof that Europe is “ahead of developments” and that it can solve its problems in a timely manner is for all sides to reach a “viable compromise” over the now delayed Greek bailout program. He expressed this position in an article published in the German mass daily […]

Swift deal on Greece needed to avert fresh uncertainty, EU’s Dombrovskis says

There are costs in delaying agreement on Greece’s bailout review, the European Commission’s vice president responsible for the euro was quoted as saying on Thursday, and a solution needs to be found swiftly. Inconclusive talks between Greece and its international creditors on economic reforms and debt relief have cast doubt over the future of Greece’s […]

Crete quake, measuring 4.5 Richter, jolts island

A moderate earthquake, measuring 4.5 on the Richter scale, struck south of Crete at about 1 a.m. on Thursday, according to the Athens Observatory’s Geodynamic Institute. There were no reports of any injuries or damage as a result of the quake which has its epicenter south of the port of Irakleio at a depth of […]

Police announce arrest of 81-year-old for undeclared art, antiquities

Police on Wednesday announced the arrest of an 81-year-old art and antiquities collector, after finding a number of undeclared artifacts, paintings and weapons in his home in Mandra, Attiki – among them a possible El Greco portrait. The 81-year-old businessman was arrested on February 10 in the Athens suburb of Maroussi, by Attica Security Police. […]