Greece and the economic crisis 2018

NEWS ARCHIVE - April 27 - April 30

April 30, 2018

Athens takes cautious approach as Turkish elections draw nearer - eKathimerini

"Greece’s low-key stance also comes against the backdrop of deteriorating US-Turkey relations, which were highlighted again on Friday as Washington threatened to impose sanctions on Ankara over its planned purchase of Russian S-400 missile defense systems."

Greece reinforces land border with Turkey to stem flow of migrants - UK Guardian

Unseasonable warmth to continue from Greece to Poland this week - Accuweather

Tsipras: Greece a champion in reforms - Athens News Agency

Greece is underdeveloped - Liberal GR

Another canal project—Canal Istanbul—will be a post-election priority, President Recep Tayyip Erdogan said on April 28 - Protothema

April 29, 2018

Questioning Greek sovereignty is biggest problem with Turkey, poll shows - eKathimerini

Tzanakopoulos: We are moving towards a final agreement on 21 June - Naftemporiki

Greece decides on F-16 warplane upgrade: official - France 24

Macedonia's Zaev 'Convinced' Agreement On Name Dispute Can Be Reached With Greece - RFERL

Unseasonable warmth to build from Greece to Poland into midweek - Accuweather

Tennis: Greek Teenage Sensation Tsitsipas Faces Nadal at ATP Barcelona Final - Greek Reporter

Taekwondo: Boularas wins gold in Greece - Peninsulaqatar

Ancient Computer Provides Insights Into Life In Ancient Greece

Theories about the "Antikythera mechanism" which was found from a 60 BC Aegean shipwreck, speculation that the complex device is an instruction tool for teaching cosmology, or perhaps a way to synchronize the calendars of varied places to make a sure a ship crew (or passengers) could arrive at the right time to attend the ancient Olympic games.

April 28, 2018

Greece Approves F-16 Fighter Jet Upgrade Deal With the United States - NY Times

"Three of the 85 jets earmarked for modernisation will be upgraded in the United States while the rest will be refurbished in Greece, a Greek defence ministry source said, adding that the cost would be about 1.2 billion euros."

Greece Honors Heroine of War of Independence 193 Years After her Death- Greek Reporter

"Bouboulina was the first to raise the revolutionary flag, flying a modified Greek flag from the mast of the Agamemnon. She assisted the people of Spetses in their revolt before sailing with eight ships to Nafplion to begin a naval blockade. She later took part in the blockade and capture of the coastal cities of Monemvasia and Pylos. She was also present at the fall of Tripoli in September 1821."

Greek government approves F-16 upgrade progam - Protothema

The debate on debt and post-mortem supervision has been opened - Naftemporiki

Fitch: Greece Budget Surplus Shows Continued Fiscal Commitment - Capital GR

The aggressive Mitsotakis policy and the next moves to be discussed - Liberal GR

Greece's economic crisis is over only if you don't live there - Houston Chronicle

"The numbers are staggering. It's not just that Greece's economy shrank 26 percent in per capita terms between the middle of 2007 and the start of 2014. That, as you can see below, might have put it on par with some of the biggest calamities in economic history - it was a little better than the United States had done in the 1930s, but a little worse than Argentina had done in the 2000s - but it didn't distinguish it among them. No, it's that Greece has grown only a total of 2.8 percent - again, adjusted for its population - in the first four years of what is supposedly a recovery. To give you an idea how miserable that is, 1930s America grew 30.2 percent and 2000s Argentina grew 26.9 percent during the first four years of theirs."

April 27, 2018

ECB puts pressure on Berlin to agree debt relief for Greece - Financial Times

...The ECB’s intervention comes as tension grows between France and Germany about the level of political control creditors should hold over a debt relief mechanism that would adjust Greek debt repayments depending on the country’s economic performance. Germany and its allies in the Netherlands, Austria and Finland want the mechanism tied to tough conditions

Greece doing far better than a few years ago - German Finance Minister - MSN

"There can be a much more optimistic view of Greece today than a few years ago," Scholz said before the meeting of euro zone finance ministers on Friday.

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