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Greece and the economic crisis

June 20, 2018

Finance

As Greece Ends a Decade of Bailouts, Problems Linger for Europe - NY Times

Greece says expects decisions from Eurogroup on debt - Reuters

Greece to get up to 15 billion euros after third bailout - German official - Euronews

Can Oil Pull Greece Out Of Poverty? - Finance

Tsipras: We expect a decision that will signal the end of Greece's adventure - Athens News Agency

France and Germany call for easier bond restructuring - Naftemporiki

Strict oversight of compliance with the Agreements - Greece's commitments until 2022 - Liberal GR

Tourism

Greek current account deficit widens in April, tourism revenues increase - freemalaysiatoday

Thomas Cook to Invest €150M in Greek Tourism in 2018 - Greek Reporter

‘Thematic Tourism Key to Boost Arrivals to Greece’ – Interview with Hellenic Chamber of Hotels President Alexandros Vassilikos - GTP

FYOM

Parliament of Former Yugoslav Republic of Macedonia ratifies name deal - eKathimerini

Macedonia's parliament ratifies name agreement with Greece - Reuters

Macedonian parliament ratifies name deal with Greece - ABC News

More

New Hellenic Museum exhibit explores impact of world refugee crisis via Greece - Chicago Times

The Turks now suspect a possible deception by the two soldiers - iefimerida.gr


June 19, 2018

Greece stocks lower at close of trade; Athens General Composite down 0.62% - Investing

Greece to get up to 15 billion euros after third bailout: German official - Reuters

Macedonian parliament starts debate on name deal with Greece - Washington Post

Turkish Judges Again Refuse Release for Greek Soldiers


Why Three Rescues Didn't Solve Greece’s Debt Problem - Bloomberg

Bloomberg article asks and answers a list of questions: 1. Is the economy strong enough to exit the bailout smoothly? 2. Why did Greece need so many bailouts? 3. What has Greece done to address its budget problems? 4. What else does Greece need to do? - etc., there are several more points and a depressing "bad loan" chart that puts "Greece is in a league of it's own" with a 46.5% non-performing loan rate.


June 18, 2018

Finance

Eurozone braces for row with Greece over bailout exit terms - Concerns likely that country will suffer fourth collapse unless EU writes off some debt - UK Guardian

Moscovis: Definitely a debt deal at the Eurogroup - New Intervention by the Commissioner for Economic Affairs - Naftemporiki

We will testify for Andas. Georgiou if necessary "No one denies the credibility of ELSTAT..." - Naftemporiki

"... The Prime Minister stresses that no retreat to pension reform will be allowed, while referring to the Georgiou case, he says that no one denies ELSTAT 's credibility and notes that "if the court asks us to testify in favor of it, we will do so."

FYOM

In interview with Kathimerini, Mogherini says EU will throw weight behind name deal - eKathimerini

Macedonia Signs Historic Deal With Greece on Name Dispute - NY Times

Macedonia agrees to change its name, ending long dispute with Greece - UK Guardian

Protests in Greece as Macedonia is renamed after 27-year row - UK Sky News

Big rally in Athens for Macedonia as government snobs the will of the Greek people - Protothema

Turkey

Turkey: Presidential candidate makes TV speech from prison - He called Turkey’s current climate a “teaser” and warned that “the actual scary part of the movie has not yet begun” - Protothema

More

Thousands of tonnes of garbage on the streets of Athens - Liberal GR

In the swamp of division Political parties have become caught up in electoral tactics, from which they cannot escape even for the sake of a national issue - Tovima

Flood scare in Athens - Minos - iefimerida

In support of the agreement with Skopje, also new pension cuts, toll increases also voted - Evros GR

The Athens Stock Exchange and the American-Hellenic Chamber of Commerce Host the 7th Greek Investment Forum, "Greece: Back on the Path to Growth"


June 16, 2018

Greece, Macedonia to sign name change accord June 17 - Reuters

Greece and Macedonia Press Ahead With Name Change - NY Times

EU Commission says Greece needs help easing debt load - ABC News

Motion to censure rejected - Protothema

Greece Wants a Bold Merkel Embrace of Macron's Euro Zone Plans - US News


June 15, 2018

Finance

EU Commission says Greece needs help easing debt load - ABC News

Greece Approves Last Big Austerity Package of Yearslong Bailout - Wall Street Journal

Greece passes fast-track reform package to unlock bailout cash - Reuters

Greece clears last batch of reforms needed to exit bailout - Washington Post

Reggling confirmed that there will be strict post-mortem surveillance - Liberal GR

The same old story, in a worse version - eKathimerini

"...Regardless of any agreement with our creditors for public debt reduction, supervision will continue ... the general situation has not improved. Public debt is greater than it was in 2010, whereas private individuals now owe more than 100 billion euros in delinquent debts to the tax office, another 100-or-so billion in overdue loans to banks, and more than 20 billion in overdue fees to social security funds. After eight years of bailout agreements, reforms and austerity, we still don’t know when and how our country will stand on its feet.

Politics

Kammenos, Kouvelis filing lawsuit against Golden Dawn and Barbaroussis - Athens News Agency

Venizelos calls for last minute changes in Fyrom ... in the text on the highly charged issues of ethnicity and language - Tovima

Barbarousi expelled from Golden Dawn - toxwni.gr

Golden Dawn Delirium: Call for a coup to arrest Pavlopoulos and Tsipras - iefimerida.gr

Papandreou: Dangerous divisions, criticism that the gov't negotiates on its own, does not attempt to cultivate the necessary spirit of national consensus - Tanea

Minister of Defense requests Golden Dawn be prosecuted on basis of Articles 134 and 135 of the Constitution - Thessaloniki Radio

Twenty SYRIZA MPs fail to vote omnibus bill due to technical issues - Protothema

More

HCDCP: 3,103 cases of measles - Naftemporiki

Fire in Nea Makri - toxwni.gr


June 14, 2018

FYOM

Opposition head to call no-confidence vote in gov't - ABC News

"...Greece's Alexis Tsipras faces a vote of no-confidence in his government, while Macedonia's Zoran Zaev is contending with the refusal of the country's president to sign off on the deal if it is approved by parliament.

Macedonia and Greece: Backlash over name deal - BBC

Macedonia president says won't approve name deal with Greece - Reuters

Macedonia and Greece fail to resolve bitter naming dispute President Gjordje Ivanov says no to deal renaming country as Republic of North Macedonia - UK Guardian

Tsakalotos: Yes to the agreement with Macedonia otherwise forget development in Northern Greece - Liberal GR

Macedonia name change deal with Greece hits a big snag - CNN

Finance

ESM’s Regling sees Greek ‘success story’ - Tovima

ESM Head: Greece could be the next success story - Protothema

Dragie: Quitting QE in December - Naftemporiki

Tourism

Fraport Greece offers airlines cheaper fees to attract new business - Reuters

Fraport Greece Sees Double-Digit Percentage Rise in 2018 Passenger Traffic - NY Times

More

India President Kovind to Visit Greece - India West

Visit of Greek royalty in 1953 remembered - New Orleans Advocate


June 13, 2018

FYOM

Macedonia president refuses to sign deal with Greece changing name of country - UK Independent

Political firestorm over name deal - eKathimerini

Greece-Macedonia name deal meets with mixed reaction - Washington Post

Macedonia to change its name after Greece strikes deal following 27-year dispute : Greece will lift its objections to Macedonia's joining NATO and the European Union once the dispute is resolved - Sky News

Opponents criticize Greece-Macedonia name deal - Fox News

FYROM President Ivanov refused to see PM Zaev – He will address the nation! - Protothema

US welcomes ‘historic’ name deal, says ready to support agreement - ekathimerini

Finance

Greece says decisions on new bond issue after next week's Eurogroup - Finance

Filambriff on pension cuts - Naftemporiki

"He noted that the final disbursement of the program is expected to be between 11 and 12 billion, underlining that it is up to the Eurogroup to decide on the amount of the overall reserve for the post-programming period."

Cyprus

Fresh attempt to limit time in office for president and MPs - Cyprus Mail

Tourism

By the end of June, the Airbnb registry will be ready - Tanea

24 Hour taxi strike in Athens - iefimerida


June 12, 2018

FYOM

'We have a deal,' say Greece and Macedonia over name dispute - Reuters

Northern light: Macedonia makes name change deal with Greece - ABC News

Macedonia agrees to new name after 27-year dispute with Greece : Greek and Macedonian PMs settle on the name Republic of Northern Macedonia - UK Guardian

Tsipras to address parliament on FYROM developments - Tovima

Greece and Macedonia say close to deal to resolve dispute over country name - Reuters

Tourism

Fraport Greece sees double-digit percentage rise in 2018 passenger traffic - Reuters

Finance

Citigroup: Do not expect meaningful Greek debt relief measures to be agreed in June - Capital GR

Moscovici says front-loaded measures for Greek debt will enhance confidence - eKathimerini

Mitsotakis: The Government's Responsibilities for the Lost Money from Recapitalization - Naftemporiki

More

Cyprus, Greece, and Israel Chart a Common Path - algemeiner


Athens coast from the sky

Athens Greece from the Sky with Piraeus


June 11, 2018

Finance

Parliament begins processing fast-track bill on prior actions to conclude 4th review - Athens News Agency

Greece Commits to Post-Bailout Actions - Greek Reporter

Greece shows limitation of capital controls - Financial Times

Greece submits reforms to parliament, aiming to unlock last bailout loans - Hellenic Shipping News

Don't Forget Greece - FX Street

Eurogroup chief says Greece ready to take charge post-bailout - Reuters

Tourism

Support and objections by mayors on Elliniko development - Naftemporiki

Over tourism and pollution real threats for Greece - AU Greek City Times

FYOM

FYROM’s Zaev says Athens, Skopje close to a deal - eKathimerini

After name row, Macedonia faces revising how to teach its history - YAHOO

Turkey

Long-range Sorties in 'Enemy' Territory: Israel Air Force Drilled With Greece - Haaretz

Greece puts men accused over Turkey coup attempt under armed guard - UK Guardian


June 10, 2018

Greece Remembers the Nazi Massacre at Distomo - Greek Reporter

FYROM dismisses rumors of rift between PM and FM on name talks - eKathimerini

House Multi-Bill Guarantees €25 Bln to ESM for Greece’s Loans - Greek Reporter

Staikouras: The only thing that is completed is the country's funding through the program - Liberal GR


June 9, 2018

Greece submits reforms to parliament, aiming to unlock last bailout loans - Reuters

Greece has received about 260 billion euros in emergency loans since 2010 in exchange for unpopular austerity measures and reforms. The money has kept it afloat but has also increased its debt, which now stands at 180 percent of GDP.


Finance

Greece govt presents final creditor-mandated reforms - Washington Post

"ND: The myth of the so-called "clear exit" ended last night: validation of the "fourth memorandum" with new measures of € 5.1 billion - Naftemporiki

ESM postpones disbursement of loan tranche to Greece - Tovima

The deadline for disbursement of the one billion euros is 15 June. Otherwise the earmarked money reverts to the ESM

Turkey

Turkey to implement EU deal despite suspension of agreement with Greece: Diplomat - Hurriyet Daily News

EU body calls for continuing Turkey-Greece migrant deal - World Bulletin

The new migrant path to Europe: People smugglers open new Balkan route through Albania to EU member Croatia after Hungary sealed its borders following 2015 crisis - UK Daily Mail

More

The temperature is soaring today - it will reach 37 degrees - iefimerida

In Greece, Fire Reveals Ancient Artifacts, Possibly Hidden By Thieves - NPR

Prostitution on the rise, university study shows - eKathimerini


June 8, 2018

Finance

June 21 Eurogroup to decide on medium-term measures to ease Greece's debt - AMNA GR

Euro zone holds off on 1 billion euro tranche for Greece - MSN News

Don't Forget Greece: End Of Third Bailout Program Looms Near - Investing

The markets will be tested next week in Greece, Italy Bond issuance is limited overall by European governments - Naftemporiki

Turkey

Turkey's suspension of migrant deal with Greece doesn't affect EU-Turkey deal-Germany - Reuters

NATO chief calls for ‘calm’ amid Turkey-Greece crisis - Hurriyet Daily News

More

Sotheby’s sues Greece over ancient bronze statue - UK Times

At Least Five Migrants Killed in Northern Greece Road Crash - NY Times

6 dead as jeep smuggling migrants through Greece crashes - AP

Mediterranean turning into ‘plastic trap,’ WWF warns - eKathimerini

Cyprus President lays foundation for “Europe’s biggest Casino Resort” - Protothema

Archaeologists Discover 2,200-Year-Old Ancient Greek Writing in Egypt - Greek Reporter


Noutsos Bridge in Athens Greece

Noutsos Bridge in Athens Greece


June 7, 2018

FYOM

Macedonian leader still optimistic on name deal with Greece - ABC News

Turkey

Clarifications from Ankara are demanded by Brussels - Naftemporiki

Turkey orders Navy ships to be on alert in the Aegean, Anadolu reports - eKathimerini

Turkey suspends migrant readmission deal with Greece: Hurriyet - Reuters

Finance

Greece optimistic for June debt relief deal - Reuters

Unemployment at 20.1 pct in March, ELSTAT says - Athens News Agency

Political games with the ECB - Naftemporiki

No agreement on Greek debt from meeting of the Washington Group - Liberal GR

Greece Denies Postponing Bond Issue Due to Italy Crisis - Greek Reporter

More

Greece Sizzles in First Heatwave of Season - Greek Reporter

Cyprus Defense Minister visits Israel, closer military ties seen - Protothema

Greek C-Section Rates Dwarf International Limit - Greek Reporter


Greece should not hound man who refused to falsify the figures - Financial Times

"...He and his Greek staff, helped by international experts, cleaned up the statistical Augean stable. The corrected numbers, which showed a much bleaker picture than the earlier data, were vetted by Eurostat and accepted by the European Central Bank, the EU and the IMF as the basis for major financing. One would have thought that Mr Georgiou would have received praise and high honours. But the opposite was the case, conveniently so for those politicians who wish to evade responsibility for the earlier debacle and undermine the independence of the Greek statistical office. In a terrible irony, Mr Georgiou is the one accused of bringing harm to Greece and dereliction of duty by refusing to falsify the figures.

The letter is signed by : Ulrich Baumgartner, Eduard Brau, Warren Coats, K. Burke Dillon, John Hicklin, John Karlik, Linda M. Koenig, Emmanuel van der Mensbgrugghe, Jon Shields, Onno Wijnholds


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