Party leaders cross swords in Parliament over way forward

Feeling like a pre-election period, Wednesday’s parliamentary debate between party leaders turned into a full-fledged confrontation as all sides sought to take corners arguing over what is at stake for the country. “The real confrontation is between the country’s productive forces and the parasitic political system that was set up by state-sponsored businessmen,” said Prime […]

1 in 2 Greeks jobless in 3rd quarter: OECD report

According to data announced by the OECD, employment rates in Greece reached 52.4% in the third quarter of 2016. The figure, which focused on the age group 15-64, revealed a rise compared to the second quarter’s 51.1%. However, the employment rate lags behind the Eurozone which stood at 65.5% in the third quarter from 65.3% […]

Farmers gearing up for road blockades over tax plans

Members of unions representing farmers in central Greece met on Wednesday to discuss plans for a fresh round of road blockades in protest at the government’s taxation plans for their sector. The aim of the meetings, sources said, was for farmers to prepare road blockades such as those set up this time last year at […]

Greek Tourism Minister meets with King of Spain

Alternate Tourism Minister Elena Kountoura met with the King of Spain, Felipe VI in Madrid during the International Tourism Fair (FITUR). The Greek Tourism Organisation (GTO) is participating in the conference with a kiosk in an effort to strengthen tourism flows from Spain to Greece for the 2017 season. Mrs. Kountoura had a brief dialogue […]

Weather forecast: Mostly Rain

Rain, storms and winds from variable directions are forecast for Thursday. Wind velocity will reach 7 on the Beaufort scale. Rain and snow in the mountainous and semi mountainous areas of northern and western Greece and temperatures ranging from -02C to 4C. Clouds and rain in eastern Greece and snow in the mountainous and semi […]

Journalist sues ‘trillionaire’ Sorras

Veteran journalist Alexandros Stefanopoulos has lodged a legal suit against self-professed trillionaire Artemis Sorras and the latter’s one-time associate Emmanouil Lambrakis for a string of charges ranging from running a criminal organization, fraud, spreading false information and inciting public violence. Sorras has claimed to have enough money to repay Greece’s public and private debt twice […]

EBRD expresses desire to help Greek exporters

European Bank for Reconstruction and Development (EBRD) chief Suma Chakrabarti told the Global Markets Forum in Davos on Tuesday that the European lender would like to contribute more in the assistance of Greek companies, particularly those who are export-orientated: “We’ve been operating there for 14 months and already invested nearly 800 million euros. We’ve made […]

PPC approves ADMIE spin-off

Shareholders of Greece’s electricity utility Public Power Corporation (PPC) approved late on Tuesday the transfer of a 51 percent stake in the power grid operator ADMIE, part of a spin-off scheme, which is a major term in Greece’s bailout program. Under a legislated scheme aiming at keeping ADMIE under state control, PPC will sell a […]

Probe into Golden Dawn’s school raid heads to prosecutor’s office

The results of a preliminary investigation by security police in Piraeus into a raid on a school in Perama by a Golden Dawn MP and other far-right extremists protesting the prospect of classes for refugee children was to be sent to the Piraeus prosecutor’s office on Wednesday. The Primary School Teachers’ Federation (DOE) issued a […]

Germany denies devising Greek rescue plan without IMF

Germany expects the International Monetary Fund to participate in Greece’s bailout program, a finance ministry spokeswoman said on Wednesday, rejecting a newspaper report that Berlin was preparing for a deal without the global lender. Divisions over labor reforms, fiscal targets and debt relief have prevented Greece and its foreign lenders from concluding a compliance review […]

ND leader accuses gov’t of media manipulation

Opposition leader Kyriakos Mitsotakis has accused Greece’s SYRIZA-led government of trying to manipulate Greek media while blurring the line between business and political interests. “You are evolving into the most relentless, into the most authoritarian government this country has seen in the post-dictatorship years,” the New Democracy leader said in Parliament Wednesday. In a highly […]

Contract for sale of Greek rail operator to Italy’s Ferrovie dello Stato Italiane signed

A contract to sell-off 100 percent in the state-run rail operator’s shares to Italy’s Ferrovie dello Stato Italiane SpA was reportedly finalized on Wednesday. The sale, via an international tender, was a memorandum-mandated privatization that the current leftist Greek government was obliged to implement, as part of the third memorandum. The sale of Trainose to […]

Commissioner Avramopoulos and Immigration Minister Mouzalas are visiting Greek Hot-Spots

The Immigration Commissioner Dimitris Avramopoulos and Immigration Minister Giannis Mouzalas are visiting together the Moria and Kara Tepe hot-spots in Lesvos. The European Commissioner wants to see first hand the problems from the non-application of the EU-Turkish agreement and the problems created in the islands by the 10000 refugees and illegal immigrants trapped there. Mr. […]

Schaeuble preparing for Greek aid without IMF, report says

German Finance Minister Wolfgang Schaeuble is preparing for a continuation of aid for Greece without the involvement of the International Monetary Fund (IMF), Germany’s Bild newspaper reported on Wednesday. Talks between Athens and foreign lenders on its bailout progress have dragged on for months due to differences on labor and energy reforms as well as […]

Tsipras: Hard efforts to find a solution on Cyprus

The Geneva conference will resume on Wednesday (18/01/2017) on a technical diplomatic level. The Greek government is in close contact with Cyprus President Nicos Anastasiades, Prime Minister Alexis Tsipras said during his speech at the Parliament. He spoke of harsh and painstaking efforts to find a solution for the benefit of the entire Cypriot people, […]

Police net cyber scammers in northern Greece

Police cyber crime units in northern Greece have uncovered an online scam whereby internet users were offered low-priced phones but never received them after making payment. A woman and a man, both 28, were arrested. According to the investigation, the pair would disappear after receiving payments, cutting all contact with their unsuspecting victims. The two […]

Obesity: Is your life at risk?

As obesity grows into an actual epidemic of the 21st century, the World Health Organization (WHO) is addressing it as a condition due to its effects on health, the ability to work, sociability as well as life quality and expectancy. Moreover, a study conducted by the School of Public Health of Imperial College London, published […]