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ECONOMY

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Eurogroup agrees to unlock cash to pay themselves – IMF agrees to join in after the programme is finished

16th June 2017 Newsroom 0

Al Jazeera — Eurozone ministers struck a long delayed bailout deal with Greece to unlock rescue cash to pay themselves and avoid a Greek default, […]

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ECB said to be unlikely to include Greece in QE in coming months

13th June 2017 Newsroom 0

Bloomberg — The European Central Bank is unlikely to include Greek bonds in its asset-purchase program for the foreseeable future, a person familiar with the […]

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Top German lawmaker: Emphasis on growth, not debt relief

12th June 2017 Newsroom 0

Naftemporiki — “A difficult balancing act” is the way a top one German lawmaker described Wolfgang Schaeuble’s task at the upcoming Eurogroup meeting, where Greek […]

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Last remaining ‘prior actions’ passed through parliament ahead of Eurogroup meeting

10th June 2017 Newsroom 0

Naftemporiki — The coalition in Greece held firm on Friday during a vote for the latest round of “prior actions” demanded by creditors in order […]

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Moscovici urges Greece’s lenders ‘not to play with fire’

10th June 2017 Newsroom 0

Euractiv — Speaking at an event in Paris last Thursday, Economic Affairs Commissioner Pierre Moscovici said “I would really like to deliver a very clear […]

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Schäuble: Disagreement with IMF the main reason why Eurogroup failed to agree debt relief terms

1st June 2017 Newsroom 0

Handelsblatt — Finance Minister Wolfgang Schäuble attacked the International Monetary Fund for being too pessimistic about Greece as part of an international row over debt […]

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Draghi: ECB won’t buy Greek Bonds before debt deal

30th May 2017 Newsroom 0

Bloomberg — The European Central Bank will not consider including Greek government bonds in its asset purchases program before a pending bailout review is concluded […]

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Gerry Rice: IMF position has not changed

27th May 2017 Newsroom 0

Answering press questions on Greece, Wednesday, the Fund’s spokesman Gerry Rice made the following comments: “Greece has legislated a strong package of reforms, which the […]

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“No Greek debt relief needed if primary surplus above 3 percent/GDP for 20 years”

25th May 2017 Yannis X 0

Reuters on Wednesday quoted a “confidential paper” prepared by European Stability Mechanism (ESM) which concludes  that  Greece will not need debt relief by European creditors if […]

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Eurogroup, IMF fail to agree on Greek debt – No conclusion of programme review

23rd May 2017 Newsroom 0

Euro zone finance ministers have failed to agree a deal with Greece which is needed to unlock the next instalment of its multi-billion euro bailout. […]

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Deal between Greek power company, China’s CMEC on hold after Commission objection

22nd May 2017 Newsroom 0

Naftemporiki  — A high-profile agreement between state-run Public Power Corp. (PPC) and Chinese utility operator CMEC is on hold, according to Greek Deputy Economy Minister […]

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Euro zone, IMF to seek compromise on Greek debt deal Monday

22nd May 2017 Newsroom 0

Reuters — Euro zone finance ministers and the International Monetary Fund will seek a deal on Monday on Greek debt relief that balances the IMF’s […]

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Greek parliament approves more austerity hoping for debt relief

19th May 2017 Newsroom 0

Euronews — More pension cuts and tax hikes are on the way in Greece, after the country’s parliament approved a new round of austerity. Coming […]

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General strike against new austerity ends in minor scuffles in Athens

18th May 2017 Newsroom 0

Xinua — Greece was hit on Wednesday by a new 24-hour general strike against the fresh round of austerity measures that the government has tabled […]

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Greek PM ‘optimistic’ about Monday’s Eurogroup, sees summer bond issue

18th May 2017 Newsroom 0

Reuters — Greek Prime Minister Alexis Tsipras said on Wednesday he was optimistic of a positive outcome when euro zone finance ministers meet in Brussels […]

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  • How to find your 2019 property tax statement online – and print it

    ENFIA property tax  notifications for property owners in Greece are now available online at  www.gsis.gr . If your accountant has nor sent you the tax demand, which […]

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  • Ten year old mystery of the suspicious death of Jean Hanlon in Crete

    Following a UK Channel 5 documentary entitled ‘Murdered in Paradise : The Killing of Jean Hanlon’, new information has emerged which was  enough to lead […]

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  • PFPO’s stray animals meetings with German MEPs and the Authorities in Crete

    PFPO PRESS RELEASE – (repost) Last month MEPs Professor Klaus Buchner, animal activist Stefan Eck and Georgios Chatzimarkakis, who is from Crete, organized a congress […]

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  • Book club in Apokoronas

    NEW BOOK CLUB Kindle/ebook recommended Meets Monthly Read an entertaining, interesting book every month. Members take turns to propose a choice of books. Meet, discuss […]

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  • A new novel on wartime Crete by Phillip Duke, a former apokoronas resident

    A Cretan village confronts the Nazi juggernaut sweeping across Europe. A village matriarch tries to hold her family together…Her grieving son finds a new life […]

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