Greece and the economic crisis

NEWS ARCHIVE - Nov 14 - Nov 19

November 19, 2018

Subsidy to transform some NPL loans into paying loans

Story called "Plan C for Greek Banks" at Business Live

Coastal shipping showing good numbers due to extended tourism season

Story at GTP

Is Lignite energy in danger?

Story about the pollution of Greek coal burning at Euroativ

Major effort to make Turkey competitive in cruise tourism by 2020

Story at Naftemporiki [in Greek] at Turkey's effort to make Istanbul a tourism hub again.

Will Italy lead to the end of the Euro?

Tovima article (about a Wal Street Journal article) on the problems with making the euro survive on a continent of troubled economies, particularly the looming crisis with Italy.

November 18, 2018

Damage at the Aristotle and Polytechnic Universities

The November 17 anniversary of the 1973 demonstrations against the Junta was repeated in a small way in 2018 with property damage and arrests - story at Liberal GR [in Greek]. More at Protothema that has more about anarchists burning a Greek flag and general disorder. ABC News also has coverage and says that "...While the event went off relatively trouble-free" it did include marchers hurling plastic cups at SYRIZA party representatives and then detailed how later police at the nearby subway were attacked. The EuroNews puts it more simply, that the 1973 demonstrators "died for democracy" and that there is still Greek disgust that the former WWII allies of Britain and the USA backed the Junta instead of the "strong" Greek communist party.

Smog problems return early to Athens

TANEA article blames the onset to the sudden temperature drop in the capital and the air clogged with pollutants from fireplaces.

Seventy OH-58D Kiowa Warrior helicopters for the Hellenic Air Force

Story at Phile News on the transfer of 70 military helicopters from the United States for use in the Aegean.

Rigas on USA cooperation and Aegean territorial rights

Deputy Minister of National Defense Panagiotis Rigas interview from "Documento" reported by Naftemporiki [in Greek].

Could BREXIT lead to a return of the Elgin marbles?

Lord Elgin carried off a huge collection of marbles from the Acropolis and Greece between 1801 - 1812. Since 1835 Greece has been asking for their return. Could BREXIT help bring this about? More at MSN News.

More about the Parthenon Marbles aka "Elgin Marbles"

Irish clown troupe in Greece performing for refugee children

Story at Journal IE on the efforts of Clowns Without Borders Ireland (CWBI) at Lesvos.

Premier Capital of Malta is in Greece for Investment Event

Premier Capital holds licenses for McDonalds Restaurants in six markets including Greece - Story at Times of Malta

Plaka

Residential balcony and store front in Plaka Nieghborhood

November 17, 2018

Anniversary of the Nov 17 Polytechnic

Coverage: MSN News eKathimerini

March goes to US Embassy and burns US flag Naftemporiki [in Greek]

Church wants priests to remain on state job list

Story at Washington Post

Mount Lycabettus

November 16, 2018

Removal of looming pension cuts gives Tsipras "breathing room" - Bloomberg

Story at Bloomberg on the politcal ramifications of SYRIZA not being saddled with additional pension cuts the same year as the election.

Ancient site of city built by Trojan prisoners of war

Story at Fox News on the archeogical finding of ancient Tanea.

Why the Eurogroup allowed Tsipras' cancellation of pension cuts

Story at Liberal GR. More on the position of the EWG Eurogroup at Capital GR [in Greek]. ABC News has coverage, too.

Mitsotakis and Tsipras battle in parliament

Story at Protothema on constitutional revision arguments between the PM and leader of ND.

Bank changes may cut $47 billion in bad loans

Story at Bloomberg

If diplomacy and courts fail, there's always 'another way'

Story at Tovima on latest remarks from Turkey's Foreign Minister Mevlut Cavusoglu.

Traffic pattern changes for Nov 17 anniversary

Daily Hellas has details.

Estimate of 74,000 asylum applicants in country

Story at Washington Post

Walls of the Acropolis

November 15, 2018

Snow on Friday

More at Tornos

Gov't pension cut plan survives to Nov 19 meeting

The Eurogroup Working Group (EWG) has concluded without an outright rejection of the Tsipras' government plan to not implement further pension cuts in 2019. The measure will be a topic in the November 19 meeting of the followup EU finance minister meeting - story at eKathimerini. More at Capital GR [in Greek]

Parliament budget up €7.8 million

A number of factors has driven up the spending at the Hellenic Parliament, mainly auditing costs and other special skills requiring hirings - the 2019 budget story at Kathimerini [in Greek]

Tsavousoglou on choices for Turkey and Greece in the Aegean

Citing no 'practical changes in status' for all the parties having been made - Story at Tanea. More at Protothema.

Critics of Erdogan find protection in Greece

Story at Naftemporiki

War Reparations council moving forward

Story at Greek Reporter about the work of the The Greek Council for German World War II reparations which was formed in 1996.

Zakynthos

November 14, 2018

Bomb attack on Prosecutor beckons the question: Is there a new terror group in Athens?

The attempt was made at the home of Supreme Court deputy prosecutor Isidoros Dogiakos - Story at eKathimerini

Capital Controls may end next year: Governor of the Bank of Greece G. Stournaras

Story at Athens News Agency [in Greek]

Recovery of labor market and economy to continue, but at "extremely slow pace"

Story at Daily Hellas on the findings of the European Bank for Reconstruction and Development (EBRD)

Money laundering investigation to look at ex-PM Costas Simitis

Also Ministry of Public Order Mih. Chrysochoidis and Evangelos Malaysio - Story at Tovima. "I have nothing to hide" says Simitis at Liberal GR. [in Greek]

Winter arrives Friday in Athens

Story at Toxwni. "Dramatic weather changes" predicted at Iefimerida [in Greek]

Albania and agreements with Greece

Story at Protothema on Albanian Foreign Minister Ditmir Bushati and possible agreements coming with Greece concerning maritime rights. Also the topic concerns minority rights for Greeks in Albania.