Category: POLITICS

Govt unveils draft law on out-of-court settlement of arrears by indebted businesses

The economy ministry on Tuesday unveiled a long-expected “road map” for the out-of-court settlement of debts and arrears by over-burdened businesses, with the draft proposal now needing creditors’ approval in order to proceed. The initiative attempts to modernize the framework with which arrears to credit institutions, the state, pension funds and suppliers are settled outside […]

Gov’t will pass measures and ‘countermeasures,’ says minister

Media Minister Nikos Pappas ruled out further austerity for Greece, saying that an agreement with eurozone ministers the previous day was for “zero sum fiscal interventions.” Pappas, who is also a close adviser of Prime Minister Alexis Tsipras, was speaking on Antenna TV on Tuesday in regards to an agreement reached at Monday’s Eurogroup in […]

Will EC President Juncker resign in March?

Jean-Claude Juncker could step down as President of the European Commission as early as next month, according to Italian newspaper “La Republica”. The former Prime Minister of Luxembourg has previously said he would not seek a second term as European Commission president when his five-year term expires in 2019. However, European sources have told the […]

New Democracy MP dies of heart attack at age 63

New Democracy MP and former minister Evangelos Basiakos died of a heart attack on Friday at the age of 63. ND leader Kyriakos Mitsotakis said he was “deeply shocked” at the death of a “friend and comrade who, as an MP and minister for ND governments, served the real needs of the people and our […]

Conditions for a political agreement at the Eurogroup on Monday exist, gov’t sources say

The right conditions for a political agreement at the Eurogroup on Monday exist, government sources said to the Athens-Macedonian News Agency (ANA) on Friday (17/02/2017). The same sources said that “the Greek side and the involving parties are working hard towards that direction,” but “the IMF must review its estimates in relation to the real […]

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 […]

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 […]

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 […]

Firemen stage protest outside Parliament, calling for renewal of contracts

A crowd of around 4,000 firemen staged a protest on Thursday outside Parliament, calling for the renewal of five-year contracts which are about to expire or for permanent status. Unionists representing the firemen met with representatives of leftist SYRIZA and the rightwing Independent Greeks on Wednesday but the talks failed to yield a compromise. The […]

Dijsselbloem: Greece debt situation not an ‘acute crisis’

The Greek debt situation is not an “acute crisis,” Eurogroup President Jeroen Dijsselbloem said on Tuesday, with the next loan instalment not needed by Athens until the summer. Dijsselbloem said a review of the Greek debt situation would not be completed before European Union finance ministers meet next week.

Mitsotakis – Schaeuble met in Berlin for 70 minutes

Main opposition leader and president of New Democracy Kyriakos Mitsotakis along with the Head of financial sector Christos Staikouras met with Wolfgang Schäuble in Berlin earlier today. Their meeting lasted for about 70 minutes and it was concluded around 2 p.m. (Greek time). The meeting took place in Schäuble’s office. Afterwards there were no comments […]

The agreement under negotiation does not include new measures, gov’t spokesman Tzanakopoulos says

The Greek government is working hard and seeks the conclusion of the programme review as well as an agreement that will allow Greece’s participation in the ECB quantitative easing programme, government spokesman Dimitris Tzanakopoulos on Tuesday (14/02/2017) said in a press briefing. He also cleared out the agreement under negotiation does not include new measures […]

Poll puts ND way ahead of SYRIZA, shows discontent

Eight in 10 Greeks have a negative view of the achievements of the leftist-led government over the past two years, according to a new opinion poll carried out by the University of Macedonia on behalf of Skai TV which puts New Democracy a record 16.5 percentage points ahead of leftist SYRIZA. According to the survey, […]

To Potami to join forces with new center-left movement

To Potami has decided to join forces with Decision Time, a new political movement set up by former socialist heavyweights Anna Diamantopolou, Yiannis Ragousis and Giorgos Floridis, the flagging centrist party said late Sunday. Several defections have left Potami with six MPs. Party chief Stavros Theodorakis has been facing pressure to shake up the party […]

ND leader meets with Merkel in Berlin

Greek opposition leader Kyriakos Mitsotakis has presented German Chancellor Angela Merkel with New Democracy’s plan for extracting Greece from its ongoing crisis during a meeting in Berlin according to reports Monday. Mitsotakis is said to have rejected the scenario of a Greek exit from the eurozone, an eventuality that does not appear to be ruled […]

To Potami to join forces with new center-left movement

To Potami has decided to join forces with Decision Time, a new political movement set up by former socialist heavyweights Anna Diamantopolou, Yiannis Ragousis and Giorgos Floridis, the flagging centrist party said late Sunday. Several defections have left Potami with six MPs. Party chief Stavros Theodorakis has been facing pressure to shake up the party […]

Sueddeutsche Zeitung on Mitsotakis’ closely watched meetings on Mon. with Merkel, Schaeuble

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis’ two-day visit to Berlin, for talks with German leadership, was featured in a front-page article in Monday’s Sueddeutsche Zeitung, where the latter was quoted as stressing that “we can avoid a fourth assistance package if we bring about a timely political change.” Mitsotakis was referring directly to […]

Tsipras: President Steinmeier is a message of hope, unity and support

Greek Prime Minister Alexis Tsipras and main opposition New Democracy (ND) leader Kyriakos Mitsotakis congratulated the new president of Germany for his election. “Congratulations to Frank-Walter Steinmeier for his election as President of the Federal Republic of Germany,” Tsipras posted on Twitter. “It is a message of hope, unity and support for democratic and social […]

Cyprus posts surplus of 9.1 million euros in 2016

Cyprus posted a surplus of 9.1 million euros in 2016, according to data release on Friday by the Statistical Service of Cyprus. The budget surplus for January-December 2016 was 9.1 million euros compared with a deficit of 196.4 million euros in the corresponding period of 2015. The primary balance recorded a surplus of 473.8 million […]

Christodoulides: Guterres to discuss Cyprus issue in Turkey

Government spokesperson Nikos Christodoulides has described the UN Secretary General Antonio Guterres’ visit to Turkey as important, in statements on Friday. He noted that Guterres’ visit is taking place in the framework of the UN Secretary General’s will to play an active in the process for a Cyprus settlement. In statements to the press, Christodoulides […]