Q1 figures point to turnover drop in tourism this year
eKathimerini — Tourism enterprises’ financial data in the first three of months of 2016 generate concern, as the turnover of the accommodation and food service […]
Month: June 2016
Tsakalotos: Greece could be in the ECB’s QE program by this autumn
Bloomberg — Greek bonds will soon become eligible for the European Central Bank’s asset-purchase program, paving the way for an easing of capital controls, and […]
Europe prepares to pick who can run Greece’s banks
Wall Street Journal — European authorities are seeking to replace a third of the board members at Greece’s major banks, among the toughest actions by […]
Court to hear appeal against luxury Crete resort proposals
travelmole.com –A court in Greece will hear an appeal against a UK tour operator’s plans to build a luxury resort in Crete early next month. […]
Turkish decision on Hagia Sophia angers Athens
UPI — Greek foreign affairs ministry officials expressed opposition and disappointment in the Turkish government this week, for its allowing the reading of prayers from […]
Greece signs Ellinikon deal to release funding
NYT — Greece on Tuesday signed a major privatisation deal that will fulfil a key condition for the release of further bailout funding, but it […]
All eurozone economies grow in Q1, except Greece’s
eKathimerini — The eurozone economy grew by 0.6 percent in the first quarter of 2016, the highest rate for 12 months, supported by household spending […]
Turkey to suspend EU migration deal if no visa-free travel for Turks: minister
Reuters — Turkey would have to suspend its agreement with the European Union to stem the flow of migrants into the bloc if there is […]
Mikis: “The best day of my life”
Last Sunday in Apokoronas an audience of 2000 people enjoyed a special evening to honour world famous Greek composer Mikis Theodorakis, 90. The event took […]
German might gives way to angst over Brexit risk
Reuters — Europe’s most powerful nation is suddenly powerless and worried. After shaping Europe’s response to the Greek debt, Ukraine, and Syrian refugee crises, Berlin […]
Germania offers flights from Rostock to Crete
Tornos News — The Hanseatic city of Rostock on the Baltic Sea can look forward to a new route to the Mediterranean. As Airport Rostock-Laage […]
Angry asylum seekers torch migrant centre on Greek isle
The Japan Times — Dozens of asylum seekers set fire to a migrants’ centre on the Greek island of Chios on Monday, angry that they […]
EU: Progress, but more measures needed to unlock funds
Reuters — The European Commission is confident that Greece will conclude the reforms needed to unlock bailout funds before next week’s meeting of euro zone […]
Hollande says strikes must not disrupt Euro 2016
Reuters — President Francois Hollande said on Sunday it would be incomprehensible if transport strikes were to disrupt the Euro 2016 football tournament that opens […]
In Greece’s economic war of attrition, Tsipras counts on peace
Bloomberg — From street protests and collapsing governments to eleventh-hour deals and financial lifelines, Greece has gotten used to lurching from crisis to crisis during […]