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 […]
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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 […]
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 […]
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 […]
Germany rules out debt cut while Greece remains in the Eurozone
Zero Hedge — With the IMF and Germany again at each other’s throats over the never-ending drama that is Greece, German Finance Minister Wolfgang Schaeuble […]
Cretan murder trio’s appeal put off to 2018
eKathimerini — Two brothers, aged 27 and 36, and another man aged 29, who were convicted to life in prison for a murder on Crete […]
Greek power firm executives found guilty of embezzlement
eKathimerini — An Athens court on Tuesday found several executives of the Energa and Hellas Power electricity companies guilty of stealing money from the state. […]
IMF says Greece needs to lower pensions, cut tax rates
Reuters — Greece needs to reduce the proportion of its budget spent on “unaffordably high” pensions which are paid for by high tax rates to […]