Wildfires in Attica, Evia, Lakonia
ANA-MPA — The situation with all four major fires that broke out on Friday remains difficult, with strong winds hampering the efforts to put out […]
Month: July 2015
Varoufakis: Programme will go down in history as the greatest disaster
BBC — The former Greek finance minster has said his country’s economic reforms are “going to fail”, just as formal talks on a huge bailout […]
Forest fire threatens villages in the Peloponnese
A large forest fire is threatening homes in Laconia, southern Peloponnese. The fire broke out early on Friday in the area of Faraklo, near the […]
EU rules not taken seriously by France and Germany
Source: Handlesblatt Global) — Members of the euro zone – including Germany and France – have consistently flouted the currency union’s economic rules, but E.U. […]
Banks to reopen Monday – capital controls still in place
Greek bank branches will reopen on Monday according to sources, the Athens-Macedonian News Agency reports. The report follows a European Central Bank announcement that increases […]
Greek embassy owes €1.8 m in London congestion fines (but Germany owes more)
Bloomberg — Here’s another 1.3 million pounds (€1.86 million) Greece owes: Its embassy in London has racked up 11,420 unpaid fines on its vehicles, the […]
Valuable Greek assets for sale – but are they worth 50 billion?
(Washington Post) — Part of Greece’s most recent bailout calls for the country to privatize a swath of its assets to pay off a portion of […]
Eurozone deal laws backed by MPs
BBC — Greek MPs have approved tough economic measures required to enable an €86bn eurozone bailout deal to go ahead. The legislation includes tax rises […]
Has IMF blown up Greece rescue?
(BBC) — Just when it looked as though there could be a pause in the eurozone’s Greek crisis, the International Monetary Fund has launched a […]
Could Greek hydrocarbon concessions be a part of assets transferred to the “independent fund”?
The Energy Ministry announced that by the end of the deadline at midday Tuesday it had received only three bids for the concession of licenses […]
The Civil Servants’ Confederation trade union to strike against new bailout deal
(Sputnik) — A 24-hour strike by Greek civil servants, scheduled to take place in Athens Wednesday, is a message to the Greek government and its international lenders that the new […]
PM Tsipras defends his abrupt change of course over debt crisis
The Greek prime minister, Alexis Tsipras, has defended the bailout agreed at Sunday’s eurozone summit and ruled out resigning, saying it was a bad […]
The Greek Deal – full document (with some notes)
Euro Summit Statement Brussels, 12 July 2015 The Euro Summit stresses the crucial need to rebuild trust with the Greek authorities as a prerequisite for […]
Schulz: the deal Tsipras got on Sunday is worse than the deal on the table before the referendum
(ANA-MPA) – European Parliament President Martin Schulz said on Monday he is confident the Greek government will do whatever it takes to implement the necessary […]
ECB does not raise ELA for Greek banks, capital controls continue
ANA-MPA — The European Central Bank (ECB) governing council has left the lending limit for Greek banks from Emergency Liquidity Assistance (ELA) unchanged at just […]