Athens Greece Sunset

Greece and the economic crisis 2018

NEWS ARCHIVE - May 1 - May 8



May 8, 2018

Breaking News! Counter-terrorist unit arrests 14 people - Protothema

According to initial reports, the suspects are allegedly involved in the so-called “revolutionary” fund of the terrorist groups.


The government will also ask for the cancellation of asylum for the second Turkish officer - Liberal GR

Cyprus, Israel, Greece push for gas pipeline to Europe - ABC News

Volunteers Who Rescued Migrants Are Cleared of Criminal Charges in Greece - NY Times

Turkish hackers strike Greek auto-company site - Protothema

Greek participation in Agritech of Israel - Naftemporiki


Germany strengthens Turkish aggression - efsyn.gr

"German-exported weapons of war, assembled in Turkey in the form of stalking submarines, are perfectly suited to Turkish aggression policy in the Mediterranean," said Diego Dagdemén, deputy parliamentary spokesman for the Die Linke party. It is also associated with "significant technology transfer to Turkey". "It is clear that Turkey plans to use this aggressive weapon in violation of international law against Greece and / or Cyprus," he added, pointing out that "it can not be understood how while the equipment of armored vehicles was temporarily suspended, of scuba diving submarines proceeds normally ".


Eight Years on, Eight Big Questions Still Looming for Greece - MSN News

While Greece has made clear it wants a clean exit when its bailout expires in August, its huge debt load means it’s bound to be under close surveillance for a while. This will be tighter than what’s in place for countries like Portugal and Ireland and will include regular audits, though it’s not yet clear how it will be linked to discipline from Greece’s end. Still, a strong framework that keeps Greece on its toes is key for its return to the markets, ECB Executive Board Member Benoit Coeure said last month.


May 7, 2018

Gov't vows to complete four-year term amid calls for snap polls, blows to clean exit narrative - eKathimerini

Rising tensions in Aegean raise spectre of war between Greece and Turkey - UK Telegraph

Spaniards, Danes face Greece trafficking charges - France 24

Prince Charles and the Duchess of Cornwall touch down in a drizzly Nice as they kick off their five-day tour of France and Greece - UK Daily Mail

Greece has room for growth as shackles of austerity come off - Time UK


May 5, 2018

Greece's four biggest banks would lose 15.5bn euros of capital in stress scenario: ECB - The National AE

Greece says Syrian property law will impede refugees’ return - Washington Post

Turkish municipal worker arrested at Greek border deported - eKathimerini


Greece busts cancer drug gang, arrests doctors and nurses - Sydney Morning Herald

"Twenty-one people aged between 22 and 70 have been arrested, among them doctors and nurses, according to the police. They are suspected of using forged prescriptions to get hold of the drugs which they then sent to warehouses in Italy, Germany and Switzerland where they were sold at a big mark-up."


DEPA to take part in a market test for LNG terminal - Hellenic Shipping News

New electronic auction allows growers to leave out the middle man - Horti Daily

Greece's National Bank CEO Fragiadakis steps down - MSN News

Greece, Macedonia to keep on working on name dispute - ABC News

New crisis would hammer Greek banks - Updated News

Greece’s Tsitsipas clinches semi-final spot in Estoril - Gulf News

Greek PM attacks the press for trying to cancel his speech at Lesvos - Protothema

Unpaid taxes are building up again as taxpayers are unable to meet obligations - eKathimerini

Greece expels Turkish man who crossed illegally into Greece - Fox News


Two-Sided Surplus - Naftemporiki

"Primary surpluses without high growth rates can not be maintained for a long time. Especially if they are "produced" by high taxes and continuous income reductions, as is the case with Greece."


May 4, 2018

Council of State to rule on fate of Turkish ‘8’ - eKathimerini

"The ruling by the Council of State judges is being closely watched, as it will also determine whether Greece will grant protection to another seven Turkish officers wanted by Ankara to stand trial for the overthrow attempt."


State’s ‘First Task’ is to Defend Greece’s Territory, Says PM - Greek Reporter

European support at the land borders between Greece and Turkey - Naftemporiki

Father Of Sailor Jailed In Greece Pleads For His Son's Return - mid-day.com

Over 75% of TAP pipes backfilled in Greece, Albania - Menafn

Greece stocks lower at close of trade; Athens General Composite down 2.18% - Investing.com

Turkish trading vessel collides with Greek navy patrol boat - eKathimerini

Greek economy staggers to its feet - Moneyweek


May 3, 2018

Greece's new startup culture: technology and seagrass sunglasses - Reuters

"Venture capital in the sector is growing... A European Investment Fund (EIF) initiative, supported by private investors, is expected to pump about 400 million euros ($479.48 million) into Greek startups and other small businesses over the next five years. In 2008, when George Tziralis, a partner at Marathon VC, launched a networking event for startups, about 12 people turned up. Now, between 200-300 people attend each month and three to five new startups are presented."


Greece's debt deadlock is taking long to resolve because it's unique, Luxembourg minister says - CNBC

Macedonian Defense Chief: Name Dispute with Greece Sole NATO Impediment - VOA

Greece’s Sisyphean drama: From Grexit to exit to the markets? - Brookings

Concern about the intense odor in areas of Piraeus - EFSYN

“Anonymous Greece” responded to the Turkish hackers with a 12-hour cyber-attack! - Protothema


May 2, 2018

Movement for Change leader calls for snap polls, debate on measures - eKathimerini

Amid protests, Greece vows to reduce migrants on islands - ABC News

Chinese Tourists Visiting Greece to Rise 10-Fold - Hotel News

Athens warned must tackle high unemployment and low investment - UK Express

Greece prepares for first wind auction - Wind Power Monthly

Evros: Arrest of Turks in Kastanies - Naftemporiki

Greece’s composure during Imia incident prevented worse developments, says Kotzias - Protothema


Parliament approves foster care bill in principle - eKathimerini

The bill, submitted by the labor ministry, was voted by the ruling coalition of SYRIZA and ANEL, and Potami. New Democracy, the Democratic Coalition and the Centrists’ Union expressed reservations, the Communists voted "present" and Golden Dawn voted it down.


May 1, 2018

Greece reinforces land border with Turkey to stem flow of migrants - MSN News

Albania, Greece resume maritime border delimitation talks - ABC News

OECD: Greece Deserves Debt Relief After 'Enormous' Reform Push - VOA News

Greece aims to keep primary surplus at 3.5 pct/GDP until 2022 - Reuters

DW: Another look at the Greek-FYROM conflict - Naftemporiki


Greece getting its first English undergrad program

"The program will be dedicated to the study of the country’s greatest assets – archaeology, history, the Greek language and literature – and the aim is to attract students from beyond the European Union."


Fodor's Essential Greece: with the Best Islands (Full-color Travel Guide)


NEWS ARCHIVE - May 2018

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