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Greece and the economic crisis 2018

NEWS ARCHIVE - June 22 - June 30



June 30, 2018

Greece offers a glimpse of life after populism - Washington Post

Greece drafts NBA superstar Antetokounmpo to woo tourists - Reuters

Greece must process asylum claims faster, rights commissioner says - Reuters

Lower VAT on five Greek islands extended until end of 2018 - eKathimerini

New poll puts ND ahead of Syrize by 14 points - To Vima

According to the To Vima, the Skopje agreement is a "black hole for the government of Alexis Tsipras"... For the first time, a majority are in favor of early elections (38%). ND reaches its highest numbers (36.7%) under Mitsotakis, expanding the range over SYRIZA to 14.1 points (22.6% support).


June 29, 2018

Finance

Greece Is Getting Stronger And Elliott Wave Confirms It - Investing

Challenges remain to Greece's long-term debt sustainability: IMF - Reuters

German parliament approves Greece debt-relief package - ABC News

Greece: Staff Concluding Statement of the 2018 Article IV Mission - International Monetary Fund

Vodafone to acquire Cyta Hellas - eKathimerini

Greece: another serving of EU fudge - Money Week

"...Greece doesn’t have a hope of growing fast enough to work off its unsustainable debt pile of 180% of GDP. This package has alleviated but not solved the problem; the debt burden has just been pushed “further into the future”. At some stage, however, “either a managed haircut or a disorderly default seem inevitable”.

Immigration

Greece must process asylum claims faster, rights commissioner says

Merkel: Greece and Spain will accept refugee returns - iefimerida.gr

Merkel: Greece - Spain will accept refugee returns - Naftemporiki

Country facing migrant 'reception crisis': UN - Pulse

More

Bulgaria to seek EIB financing for gas link with Greece


June 28, 2018

Immigration

Greece ready to sign deal with Merkel to take back asylum seekers - Financial Times

Greece Offers Deal to Germany on Asylum Seekers - BBC

Greece facing migrant 'reception crisis': UN - France 24

Voutsis calls for a sustainable migration system - Athens News Agency

Finance

Greece: Companies to benefit from new EUR 400m leasing finance scheme following successful EUR 1 billion lending programme - Hellenic Shipping News

No Eurozone Country Has Done More 'Austerity' Than Greece - Seeking Alpha

IMF spokesman, Jerry Rice, refuses to characterize the Greek debt as sustainable - liberal.gr

Steep rise in bank deposits - Tovima

More

New Democracy expels head of Greece’s largest chamber, Constantinos Michalos - Protothema

Egypt, Greece, Cyprus defense ministers attend joint air, naval drill - China Org

Greece is pillar of EU stability, says firebrand Alexis Tsipras - Financial Times

France joins US, Russia, asks Greece for cybercrime suspect - Washington Post

June 27, 2018

Turkey

How to read Turkey’s election results - eKathimerini

Finance

Eurozone finance ministers agree on last-minute debt reprofiling for Greece - CADTM

Greece's Aegean Airlines in $5.8 billion deal for new Airbus planes - USA Today

Greece pushes for Albanian EU accession, France and Holland - Protothema

S&P raises Greece debt rating to B+ on reduced debt risks - MSN News

FYOM

Zauf: We do not claim land, do not be afraid of our little country - Naftemporiki

More

New Website Helps Greeks Abroad Deal with Greece’s Bureaucracy -Greek Reporter

Light earthquake, 4.4 mag strikes near Plomarion in Greece - Earthquake News

Malta grants safe haven to rescue ship ending 6-day odyssey - The Hour

Bulgaria issues Greece travel advisory over ‘cyclone Nefeli’ - Sofia Globe


June 26, 2018

FYOM

Macedonia president refuses to sign Greece name deal - MSN News

Police clash with protestors during overnight riots in Greece over Macedonia name change - UK News Yahoo

Politics

How Alexis Tsipras went from being the Greek Corbyn to the EU's poster boy - UK Independent

"...Both the left and right denounced the iniquities of German politicians who didn’t feel able to tell their voters to hand over money to a Greece where the nation’s biggest industry, the ship owners, paid no tax; where the country’s biggest land owner, the Church, paid no tax; where trade unions copied the worst of British industrial relations practices that helped destroy Labour in the 1970s and where politicians of the left and right had taken the avalanche of cheap euros that flooded into Greece after 2000 and used them to buy votes. Like Emmanuel Macron in France or Pedro Sanchez, who has just ousted a corrupt centre-right government party in Spain, Tsipras and his Syriza party soaked up votes to displace the alternating clientelist Pasok and New Democracy parties."

Greece wants Parthenon Marbles back, Tsipras tells May - Reuters

Finance

S&P Lifts Greece Rating On Reduced Debt Servicing Risks - RTT News

More

Greece Bans Mobile Phones in Schools - This Day


June 25, 2018

Turkey

Turkey's Erdogan wins sweeping new powers after election victory - Reuters

Elections in Turkey between sanity and insanity - Capital GR

FYOM

NATO: Invitation to FYROM only after "yes" on name referendum - Naftemporiki

Finance

Kotzias: FYROM name deal 'best news in Europe in 5 years' - eKathimerini

European Commission’s two scenarios on Greek debt - adverse debt scenario, according to which from 2030 and thereafter, the debt to GDP ratio will rise to 234.8 percent of GDP in 2060 - Tovima

More

Tsipras now wants to bring a State-Church split - iefimerida.gr


June 24, 2018

FYOM

'Mortgaging the future of this country': Greece opposition leader urges vote to end dispute with Macedonia - Windsor Star

Greece's coffee industry grows despite financial crisis - xinhuanet

Turkey

Turkey election: Erdogan leads in early results - BBC News

Polls closed in Turkey - Countdown on first results - Liberal GR

Election-landmark for Erdogan - EFSYN

Erdogan seeks to cement power in Turkey's high-stakes votes - ABC News

Finance

India is a steadfast friend to the people of Greece: Ram Nath Kovind - business-standard

Immigration EU

Ekathimerini: Greece to seek fair distribution of burdens in mini summit on migration - eKathimerini

PM Tsipras in Brussels for meeting on asylum and migration - Athens Greece Now


Lycabettus, Athens Greece

Lycabettus Athens Greece

Mount Lycabettus


June 23, 2018

Politics

Tsipras: Greece takes back sovereignty after debt deal - Athens News Agency

Greece’s prime minister wears tie to celebrate country’s debt deal - Washington Post

Tsipras tie in Zappeion: Greece returns to the Greeks - We won a fight, but not the war - Radio Thessaloniki

Finance

How Greece will exit its bailout program and what it means - ABC News

Greece deal brings cheer to market battered by Italian politics - Yahoo

Turkey

60 million voters tomorrow - Naftemporiki

Turkey's Erdogan, main rival stage final election rallies - Reuters

A look at candidates running in Turkey's presidential race - ABC News

Erdogan's gamble on snap elections in Turkey could backfire - CNN

More

Sudden weather change - Weekend rains and hail - iefimerida.gr

Greek soldiers were injured during an exercise in Cyprus - tanea.gr

The border village of Evros filled Greek flags - evros-news.gr

EU leaders to hold mini-migration summit as crisis festers - eKathimerini


June 22, 2018

Finance

Eurozone Gives Greece Some Debt Relief as Bailout Nears End - Deal Falls Short of What IMF Says Is Necessary to End Doubts About Country’s Long-Term Solvency - Wall Street Journal

Debt deal exceeded market expectations, Tsipras says - eKathimerini

Greece 'turning a page' as eurozone agrees deal to end financial crisis - UK Guardian

Greece's Creditors Agree to Debt Deal as Payments Eased - MSN News

Greece debt deal paves way for historic bailout exit - Reuters Video Report


Greece's Deal Leaves Too Much to Chance - Bloomberg

"...Greece will get an additional 8 billion euros ($9.3 billion) of breathing space, bringing the country’s total buffer to 24 billion euros. Germany, too, has relented: It has acquiesced to a 10-year extension of Greece’s debt maturities. None of this proves Greece can access the bond market in the same way as other European countries. Before this crunch meeting, Greece had planned to sell 4 billion euros in three and 10-year bonds this year. But May’s political turmoil in Italy put paid to the idea. With yields this high, it’s tough to see how the country can still issue.


Eurogroup: These are the commitments we made after August 20th - iefimerida

"The only thing that has really come to an end is the lenders' willingness to lend to Greece. In other words, they imposed a stifling supervisory framework, similar to that of the times of the memorandums, without committing to funding....


More

Cyprus, Israel, Greece pledge deeper military ties - ABC News

Greece's Aegean in $5.8 Billion Deal for New Airbus Planes - NY Times

16 country Migration Summit - Naftemporiki


Plaka

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NEWS ARCHIVE - June 2018

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