Greece and the economic crisis 2018
NEWS ARCHIVE - April 19 - April 26
April 26, 2018
The US Ambassador says that Washington supports PM Alexis Tsipras’ efforts to find a basis for dialogue and rapprochement - "Certainly, on the question of the two soldiers, we understand how important this is for Greece. As the United States government, we have been fully engaged, and hope that these two soldiers will be able to return home very soon," Pyatt said.
April 25, 2018
"During the assembly's spring summit, a statement was issued in Strasbourg calling for the two soldiers to be freed and for respect for human rights and rule of law."
"The event marked the 70th anniversary since the agreement establishing the Fulbright program for educational exchanges between Greece and the United States was signed in Athens. Since then, 5,500 Greek, American and Greek-American scientists, academics, artists and students have benefited from the initiative launched by Senator J. William Fulbright in 1945."
On Monday evening, World Book Day (April 23), the magnificent Acropolis Museum was closed early so that Prokopis Pavlopoulos, president of Greece, could join George Kaminis, the mayor of Athens, in consecrating the country’s and the city’s unified intention to produce more than 240 events between now and this time next year—an international promotion of books and a nationwide engagement in reading. The invited dignitaries, guests, and media members passed through security screenings into the eerily silent museum, with its patient treasures from the Parthenon and surrounding excavations. In this land of Homer, everyone smiled at the mayor’s first line: “The question is not why Athens has been chosen for this honor, but why it took so long for it to happen.”
April 24, 2018
"As the country prepares to exit its international bailout program in August, the independent statistics agency on Monday reported long-awaited data for 2017. The results will affect ongoing negotiations between Athens and creditors on the terms of Greece’s exit. The agency reported that the 2017 primary budget surplus — the balance before the cost of debt repayment is included— stood at 4 percent. National debt stood at 178.6 percent of gross domestic product, down from 180.8 percent the previous year. Economic output was 177.7 billion euros ($218 billion), confirming a return to growth, but still almost a billion euros lower that annual output in 2014."
"The French Commissioner said he was in favor of a semi-automatic mechanism that can guarantee the sustainability of Greek debt after the programme's scheduled end..."
April 23, 2018
"Euro zone creditors are now working on a debt relief offer for Greece that would be an incentive for Athens not to backtrack on reforms and to continue to stick to prudent fiscal policy, senior EU officials said last week. Greece will officially present its own post-bailout policy plan at a meeting of euro zone finance ministers this week, Tsipras said adding that he hoped that negotiations on the terms of the post-bailout period would be concluded by the end of June."
VIDEO: Locals clash with asylum-seekers in Greece - Washington Post
April 22, 2018
"The government in Athens on Sunday noted “the positive aspect of the Turkish president’s statement” on swapping soldiers, but said “we note again that statements like that are unacceptable.”
April 21, 2018
"Further easing Greek debt is a key precondition for the Washington-based IMF before it can participate in the country’s program. While the IMF has co-financed Greece’s first two bailouts it hasn’t yet activated its third one, arguing the euro area must arrange for more debt sustainability. But the participation of the fund, even a few months before the end of the bailout, is important for some countries including Germany, who see the IMF coming on board as a seal of approval that will offer credibility to the bailout.
"...though the border issue has simmered for nearly a century, analysts worry that the unpredictable nature of Mr. Erdogan makes the situation more volatile than ever between the countries, nominal NATO allies, who almost fought a war over an uninhabited island in nearby waters two decades ago. In December, to the surprise of his hosts, Mr. Erdogan used the occasion of the first visit to Greece by a Turkish president in 65 years to call for a redrawing of the border."
"...Authorities think the man who was found dead at the depot outside the city of Thessaloniki Friday was about 30-years-old. They also suspect he was seeking asylum or had entered Greece illegally."
"...researchers show Madrid, Spain: West Nile virus (WNV), which is transmitted via mosquito bites, reemerged and spread to new territories of Greece in 2017 following a two-year hiatus in reported human cases, according to findings presented at the 28th …"