ECB check of Greek banks to show 14 billion-euro hole – sources
Reuters — The European Central Bank’s health check of Greece’s four big banks will show a total capital shortfall of up to 14 billion euros […]
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No ferry services on Monday or Tuesday as seamen strike
eKathimerini – There will be no ferry services on Monday and Tuesday after the Panhellenic Seamen’s Union (PNO) on Thursday called a 48-hour strike to […]
Greek coastguard rescues 242 after boat capsizes near Lesbos, 11 others dead
AP — At least 11 refugees died in the eastern Aegean Sea on Thursday in five separate incidents, including a large shipwreck from which 242 […]
Church rejects lesson change
Archbishop Ieronymos, the head of the Church of Greece, on Tuesday dismissed calls for religious studies classes at Greek schools to focus on other religions […]
Greece’s austere surrealism: to tax schools or cars?
New Europe — Following punitive VAT hikes on 40,000 food items on July 20th, the Greek government must find new taxation targets. Tax private schools? That […]
Flight monitoring system on course for upgrade
eKathimerini — Greece has moved a step closer to upgrading its flight monitoring system, which was purchased in 1997 and is nearing the end of […]
Greece to receive aid from the World Bank
AFP — The World Bank is planning financial aid for Greece through its private-sector arm, stepping outside its traditional role of supporting low-income countries. The […]
Parties to receive money for September election
eKathimerini — The Interior Ministry on Tuesday confirmed a decision to pay 1.2 million euros of taxpayers’ money to the parties that took part in […]
The private equity giants, the Greek target and a ‘Trojan horse’
The Independent — The aggressive tax and financing structures used by London private equity giants will come under intense scrutiny in a crucial court hearing […]
Commission leaves door open for Greek bail-in
euractiv.com — European Commission Vice-President Valdis Dombrovskis warned Athens on Tuesday 27 October, of a possible haircut in Greek deposits in the event that the […]
Creditors delay payment to Greece over sluggish reforms
Deutsche Welle — Creditors are refusing for now to pay Greece the next installment of bailout money, saying Athens is implementing agreed reforms too slowly, […]
Farmers plan protest in Athens over taxation
Kathimerini — Farmers who are protesting changes to their taxation are preparing to bring their protests, which have so far been limited mostly to central […]
Varoufakis to British voters: Stay in Europe and democratise it
The Guardian — Yanis Varoufakis, the former Greek finance minister, has called on Britons to vote to remain in the European Union in the upcoming […]
Sea erosion causes road surface to collapse in Koum Kapi
A hole in the road surface at the popular cafe-lined street of Koum Kapi appeared after the weekend storms. It is thought that wave erosion […]
Immune boosting supplement from Cretan herbs to be released next month
A new food supplement with immune strengthening properties, that was created by researchers at the University of Crete in Greece, consisting of three popular Cretan […]