Bloomberg: Fiscal targets cited for up to 2029
Bloomberg reports that a series of commitments and assurances were provided by the Greek government to convince creditors to resume the final stages of the […]
Month: January 2017
40 Turkish NATO soldiers have requested asylum in Germany
Business Insider — About 40 mostly high-ranking Turkish soldiers who worked at NATO facilities in Germany but were suspended after the failed coup in Turkey […]
Half of Greeks in arrears to the state
eKathimerini — Greeks’ taxpaying capacity has been exhausted, leading to 13.9 billion euros in unpaid taxes last year alone, according to data issued on Monday […]
ESM: Greek debt manageable – IMF: Greek debt ‘explosive’
Reuters — Greece’s public debt can be manageable, the euro zone bailout fund said on Sunday, responding to a leaked report by the International Monetary […]
Turkey escalates tensions in the Aegean Sea by violating Greek borders
EurActiv –A Turkish warship yesterday (29 January) approached the small Greek island of Imia, reaching a distance of one nautical mile from the shore, triggering strong […]
Greece’s best-selling daily newspaper to close due to debts
The Guardian — Two historic Greek newspapers, including the country’s best-selling daily, will cease publication, the debt-ridden Lambrakis Press Group announced on Saturday. “To Vima […]
New IDs to be issued under security deal with US
eKathimerini — Greece’s compliance with the terms of a memorandum it signed with US on security and terrorism will be evaluated in February, the Citizens’ […]
Theresa May agrees £100m fighter jet deal with Erdogan despite human rights abuse
The Independent — The UK has signed a £100m deal to design new fighter jets for Turkey, despite the country’s President undertaking a severe crackdown […]
Crete: Over sold and under priced Paradise
Argophilia.com — According to the Airport Manager at Heraklion’s Nikos Kazantzakis Airport passenger traffic was up almost 12 percent for the 2016 year on year. […]
Eurogroup statement following Thursday’s session
“The institutions briefed the Eurogroup on the second review of the economic adjustment programme, following their review mission to Athens in December. The Eurogroup urged […]
IMF assesses Greek debt as ‘Highly Unsustainable’
Wall street Journal — The International Monetary Fund believes Greece’s debt is “highly unsustainable” and will reach 275% of gross domestic product by 2060 unless […]
Can Greece cope with demands for additional austerity beyond the end of the current programme?
The participation of the International Monetary Fund in the Greek bailout programme is “non-negotiable”, the head of euro zone finance ministers said on Thursday according […]
Turkey fumes as Greece rejects extradition of 8 soldiers who fled after failed coup
International Business Times –The Greek Supreme Court has refused an extradition request from Turkey for eight soldiers accused of being involved in a failed coup […]
5.4 earthquake jolts Crete on Wednesday
The Athens Geodynamic Institute said an undersea quake, 5.4 on the Richter scale, occurred at 8:50 p.m. (1850 GMT) Wednesday east of the Crete, 35 […]
Euro “could collapse” in the next 18 months, says man tipped as US ambassador to EU
BBC — The man tipped to be Donald Trump’s ambassador to the European Union has told the BBC the single currency “could collapse” in the […]