Symi Greece

Greece and the economic crisis 2018

NEWS ARCHIVE - May 9 - May 15



Athens Greece Buildings on Street


May 15, 2018

Tsakalotos rejects post-bailout precautionary credit line, admits over-taxation - Tovima

"Tsakalotos stressed the importance of funding growth, and noted that Greek banks are burdened with non-performing loans"


ECB insists on benefits of a credit line, SSM and IMF agree - eKathimerini

PMs of Greece, Macedonia to meet on decades-old name dispute - Lompoc Record

Turkey: Seven Afghan migrants die during sea crossing to Greece - Times of India

Greece races to meet bailout demands as inspectors return - Washington Post [paywall]

Pollution Contingency Plan by Cyprus, Greece and Israel - Marine Link


Case of Greece’s ex-ELSTAT Chief Goes Back to Court - Greek Reporter

"...The Appeals Court has twice so far acquitted him of charges that he misrepresented Greek fiscal data of 2009 in order to help the then government bring the country under bailout agreements."


May 14, 2018

January-April government primary budget surplus beats target - Reuters

Greece races to meet bailout demands as inspectors return - ABC News

Greece Leasing Out Beaches for Business Use - Greek Travel Pages

Cyclists take part in bike ride in Athens, Greece - xinhuanet

Greece races to meet bailout demands as inspectors return - Tampa Tribune


Greece plans more bond issues to shore up post-bailout future - Nasdaq

"Prime Minister Alexis Tsipras wants to exit the current bailout when it expires on Aug. 20 without any more external support, although some economists say Greece would be wise to secure a precautionary credit line rather then relying entirely on bond markets. Greece's central bank has been among those arguing for Athens to arrange an EU credit line to safeguard the nation's finances against another global financial crisis or an international trade war. Greece has the euro zone's heaviest debt burden, at about 180 percent of gross domestic product."


Greece’s Open-Air Cinemas Come Alive in Summer - Greek Reporter

Open-air cinemas are a thing that very few countries can offer. While for Greeks catching a movie in a summer cinema sipping a cold beverage is like an institution, for visitors it is a one-off experience, almost as enjoyable as a dive in the cool, crystal-clear waters of Mykonos or a visit to the Temple of Zeus at Sounio. Most Greeks can’t wait until their favorite summer cinema opens in May, eager to catch a movie in the open air, even if they are not crazy about the film itself. Most of the time it is a ritual, where even a date at the movie theater becomes more romantic.


May 13, 2018

Athens Braced for 24-Hour Metro Strike - Greek Reporter

Pensions under 1,000 euros will also be cut in 2019, says minister - eKathimerini

PMs of Greece, Macedonia to meet on decades-old name dispute - ABC News

Hellas Direct and Revolut Join Forces to Disrupt the Insurance Sector in Greece and Cyprus - New Kerala

Greece's Korakaki wins air pistol gold to claim second medal at ISSF World Cup in Fort Benning - Inside Games

National Bank of Greece : Dollar price up in major Egyptian banks - 4 Traders


May 12, 2018

Greece, Macedonia race to end name row before EU summit - Times of India

Greek Navy Pinpoints Sunken WWII Submarine in Aegean - Greek Reporter


Greece Launches New 25% Cash Rebate to Lure Productions - Variety

"Greece’s new incentive is substantial. A total of €450 million ($547 million) has been allocated for the new program over the next six years, offering foreign productions a 25% rebate on all qualifying local spending, with a minimum spend of €100,000 (around $122,000) and a €5 million (roughly $6.1 million) cap. “I think the impact will be huge,” says Venia Vergou, director of the Hellenic Film Commission, who explains that the rebate will offer Greece a chance to capitalize on its rich natural and historic bounty. “We have amazing archaeological sites that no other European country has.”


Prince Charles Unprepared For Royal Wedding, Dances With Camilla In Greece - International Business Times

How Greece can still be represented at the 2018 World Cup - Protothema

AEK and PAOK fans clash in incredible scenes as Athens transforms into a warzone - UK Sun

No services Monday on Athens metro lines 2 and 3 - eKathimerini


Rouvikonas anarchists raid Oxfam office in Athens for the sex scandal in Haiti

"The group of ten masked Rouvikonas anarchists entered the Oxfam’s office on Patision Avenu near Viktoria Square in downtown Athens.They turned over computers and other office equipment and sprayed red paint on the walls."


May 11, 2018

Centeno sees enhanced post-bailout supervision for Greece - Tovima

Substantial decline in migrant, refugee flows in Evros, Vitsas reports - AMNA GR

SYRIZA in 3.5-year made 21 pension cuts - Athens News Agency

Self-employed professionals are asked to pay more for 2017 - eKathimerini

WW2 Greek submarine wreck located - Protothema

Ministers from central Europe, Balkans meeting in Greece - Fox News

Athens court curbs term for ex PASOK minister, allows him to pay it off - eKathimerini


‘No Speak English’ Sign at Athens Metro Stuns Visitors - Greek Reporter

"English is the first foreign language Greek students learn from an early age. Official data released by the Eurobarometer Special Surveys in 2014 revealed that, when it came to people being able to speak English, 51 percent of Greeks could speak some."


May 10, 2018

Residents Warned to Take Safety Measures as Severe Weather Hits Greece - MSN News

Intense rainfall in Thessaloniki

"Streets were submerged in the Greek port city of Thessaloniki on Thursday, May 10, following heavy rainfall.Stormy weather with severe rain and hail was forecast to last until May 11 for some parts of the country.Greece’s Civil Protection Agency asked residents to secure objects that might become dislodged, and to try to keep drains clear.This video gives a bird’s-eye view of fast-flowing water on streets in Thessaloniki."


Greece's Piraeus Bank more profitable in first quarter as provisions fall - Reuters

Eurovision: How Greece’s pop star helped Cyprus become favourite to win - BBC News

Britain's Prince Charles in Greece for 3-day official visit - ABC News

US committed to preserving Cyprus peacekeeping - eKathimerini


May 9, 2018

Greece's first property e-auction - CNN News

Regling likens Greece to Germany after WWII - eKathimerini

Prince Charles heads to Greece seeking to heal old royal wounds - UK Guardian

Greece: 50 migrants rescued after being held hostage - ABC News

Greece: 20% increase in value of fruit and veg exports - Fresh Plaza

Greece: 2nd Turkish officer to be freed after fleeing coup - Fox News

Greece stocks higher at close of trade; Athens General Composite up 0.89% - Investing

Greece: 5 aid workers cleared on migrant smuggling charges - WFMZ


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


NEWS ARCHIVE - May 2018

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