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 […]

German lawmakers to drop support for Greece bailout if IMF quits, senior MP says

German lawmakers will not back further financial support for Greece if the International Monetary Fund withdraws from Athens’s bailout program, the deputy parliamentary floor leader of Chancellor Angela Merkel’s conservative bloc said. Greece needs a new tranche of financial aid under its third bailout program by July to meet its debt repayments. But the IMF […]

Mustafa Akinci not to take part in leaders meeting on Cyprus

The Turkish Cypriot side will not take part in Thursday’s leaders meeting on ending the island’s decades-long division, broadcaster NTV and other media said on Wednesday, after face-to-face talks between the sides broke off last week. Meetings between Greek Cypriot leader Nicos Anastasiades and his Turkish Cypriot counterpart, Mustafa Akinci halted last week after the […]

Arsonists target EYATH vehicles

Unidentified arsonists have set fire to two vehicles of Thessaloniki Water & Sewage Co. (EYATH), in the northern port city, authorities announced. Firefighters were called to the Depo and Papanastasiou neighborhoods in the early hours of Wednesday after reports of two seperate fires. Police are investigating the incident.

Kotzias: Turkey should not misread our tolerance as a weakness

Greek Foreign Minister Nikos Kotzias said Greece must be ready for any kind of provocation by Turkey. In an interview on a Skai TV show, Mr. Kotzias underlined that “we must be ready at all times, militarily, diplomatically, in our morale for any kind of incident”. He went on to say that Greece has ll […]

One migrant arrival recorded since Friday

One migrant has landed on Samos, while no arrivals have been recorded on the other eastern Aegean islands over the past five days, authorities said Wednesday. Currently, a total of 9,404 migrants and refugees remain stranded on the country’s Aegean islands, according to official figures Wednesday.

Kim Jong-nam: Malaysia seeks North Korea embassy official

Malaysia has asked for North Korea’s help in searching for a senior embassy official wanted in connection with the killing of Kim Jong-nam. Mr Kim, the half-brother of North Korean leader Kim Jong-un, died last week at Kuala Lumpur airport. Police also confirmed details of the killing, saying two women approached him and wiped a […]

Plans for migrant centers fuel ire

Government plans to create “pre-departure” detention centers for migrants ineligible for refugee status have run into opposition from locals on Chios and other eastern Aegean islands, many of whom are planning legal action in a bid to limit the number of migrants residing in their communities. Authorities say the new facilities will accelerate returns to […]

Regling: Greece will return to markets by middle of 2018

Speaking to German newspaper Suddeutsche Zeitung the CEO of the European Stability Mechanism (ESM) Klaus Regling estimated Greece would be ready to return to the money markets in the middle of 2018. “I am optimistic that the current bailout program will be the final one Greece will need to implement”, he stressed. Mr. Regling said […]

Greek government accused of hospital ‘pogrom’

The Panhellenic Federation of Public Hospital Workers (POEDIN) is accusing the government of ousting department heads at hospitals to make way for its “own people.” “Every day dozens of department heads at all levels of public administration are illegally replaced with the intent to serve [SYRIZA] party officials and establish a hierarchy of frightened officials,” […]

Angela Merkel to meet with IMF CEO Lagarde and EC President Juncker in Berlin

German Chancellor Angela Merkel is scheduled to meet separately with IMF Director Christine Lagarde and European Commission President Jean Claude Juncker in Berlin Wednesday. According to newspaper Tageszeitung, talks will focus on the Greek matter, with the German Chancellor attempting to iron out the dispute between the European creditors and the IMF on how to […]

People with HIV report ‘dramatic’ reagent deficit

The association representing people living with HIV, the virus which causes AIDS, in Greece have written to Health Minister Andreas Xanthos to complain about major shortages in the reagents used in HIV/AIDS tests. In its second letter to Zervos in the past few months, the association, Positive Voice, described the situation as “dramatic” and appealed […]

Weather forecast: Partly cloudy

Clouds and winds from variable directions are forecast for Wednesday. Wind velocity will reach 6 on the Beaufort scale. Partly cloudy in the northern parts of the country with temperatures ranging from 05C to 13C. Partly cloudy with a chance of rain in the western and eastern parts of the country with temperatures between 04C […]

Cosco to create second logistics center at OLP

Cosco is activating its plan to create a second logistics center in Piraeus through the Piraeus Port Authority (OLP) it controls, having decided against entering the tender for the Thriasio field in western Attica in 2016. This year will see the launch of the project for the underground connection of OLP’s facilities at the Car […]

Victim of racist attack arrested in hospital, released

A Pakistani man who fell victim to what appears to be a racially motived attack was released from a police precinct holding cell following reactions at his arrest while in hospital, Efimerida ton Syntakton has reported. According to the newspaper, quoting the KEERFA anti-racism group, Zisan Elahi was attacked on February 1 by two men […]

Turkish FM: Turkey’s military rights still needed in Cyprus

Turkey’s foreign minister says his country’s right to intervene militarily in Cyprus is still necessary given recent actions that have fanned insecurity among Turkish Cypriots. Foreign Minister Mevlut Cavusoglu cited unspecified “attacks” against Turkish Cypriots as an example of why Turkey needs to keep military intervention rights on the ethnically divided island. Cavusoglu on Tuesday […]

IMF’s Lipton said progress made on Greece

A top official at the International Monetary Fund (IMF) said on Tuesday there had been progress on Greece and the Fund would like to get to a situation where it could help Greece. “Some progress has been made,” David Lipton, first deputy managing director of the IMF, told reporters in Berlin. “We would like to […]

Prosecutor takes action over anti-migrant protest at school

A prosecutor in Thessaloniki has demanded the arrest of all the “protagonists” in a violent incident outside an elementary school on Monday, sparked by a group protesting the attendance of nine migrant children from a nearby refugee camp. First Instance Thessaloniki Prosecutor Lambros Tsongas also called on Tuesday for an investigation into the violence, which […]

Turkish media claims coast guard approaches to Greek islets

Turkish media on Tuesday published reports and photographs indicating that Turkish coast guard vessels had approached the Greek islets of Imia. The Sozcu website said that a Turkish coast guard boat had come within 2 miles of one of the islets’ coasts, while a Greek ship “just stood there, a mile off.” Aksam, quoting the […]