Schulz warns Europe’s politicians against Grexit speculation
Social Democratic Party (SPD) chancellor candidate Martin Schulz has warned against fresh speculation of a Greek exit from the euro area saying it is putting […]
Month: February 2017
Economists consider the advantages of ditching the euro in favour of the US dollar, Ted Malloch claims
The Independent — According to the transcript of an interview with Greek local online news site ekathimerini.com, Professor Ted Malloch claimed Greek economists are looking into […]
Dijsselbloem: No review by Feb. 20; IMF participation important to Greek bailout
Naftemporiki — Eurogroup chairman Jeroen Dijsselbloem on Tuesday warned that a second review of the Greek program will not be concluded by an upcoming Eurogroup […]
EU sends envoy to salvage Greece deal as February deadline looms
Bloomberg — Greece and its creditors are intensifying efforts to complete a stalled review of the nation’s bailout that would unlock much-needed aid before more […]
Racket siphoned off 200 mln in army funds
eKathimerini — A racket controlling clothing and footwear equipment supplies to the Hellenic Army has siphoned off more than 200 million euros in the past […]
Greece: MEPs say it’s time to act on debt crisis
europarl.europa.eu — Greece and its debt problem are back on the EU’s agenda. A team of EU officials and representatives of the International Monetary Fund […]
Tsipras hits back at Germany, IMF over debt impasse
TheLocal.de — Greek Prime Minister Alexis Tsipras on Saturday warned EU economic powerhouse Germany and the International Monetary Fund to stop playing with fire over […]
Obstacles remain in transfer of 14 regional airports’ management to Fraport-led consortium
Naftemporiki — A final agreement between all three sides involved in the concession for 14 regional airports around Greece — the Greek state, the German-Greek […]
A writer is born in Apokoronas
Amongst the many Europeans who live in Apokoronas there are several artists, musicians and writers, many of whom were artists, musicians and writers before they […]
Münchau: A failure to tell the truth imperils Greece and Europe
In a Financial Times article published on Saturday, Wolfgang Münchau accuses all the parties involved in the Greek bailout of failing to face the truth. […]
Torrential rain causes road chaos in Western crete
Torrential rain fell on western Crete all through Friday night and continued on Saturday morning. Many properties were flooded, roads were waterlogged and landslides were reported […]
Mass evacuation of residents in Thessaloniki while WWII bomb is defused
Reuters /ANA-MPA — Around 75,000 people in the Greek city of Thessaloniki will be evacuated after a 500-pound unexploded World War II bomb was discovered under […]
Athens must pay because IMF can’t and Berlin won’t
New Europe — The IMF says Greece needs debt relief. Alternatively, “structural reforms” [i.e. austerity”] must go further and deeper. Athens and Brussels suggest the […]
Klaus Regling to IMF: Greek debt not a cause for alarm.
Klaus Regling, the managing director of bailout fund the European Stability Mechanism, has taken issue with the gloomy prognosis for the country given by the […]
Majority of goods remain off-limits for most Greeks
eKathimerini — Few Greeks can afford to splash out on items beyond their daily needs, according to GfK’s consumer sentiment survey for the last quarter […]