Tag Archive | "Greek"

The Greek Economic Crisis Could Turn Athens Into a Major Beach Destination

The Greek Economic Crisis Could Turn Athens Into a Major Beach Destination While most waterfront redevelopments sit among empty quays and ex-industrial rust, this site is bordered on one side by one of Athens's wealthiest, most coveted neighborhoods, Glyfada. Calling the area "Greece's Beverley Hills" or "the Hellenic … Full News here – Read more […]

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Greek far right fires up Athens election campaign

Greek far right fires up Athens election campaign Greek far-right Golden Dawn lawmaker Ilias Kasidiaris strode into a packed hotel room in central Athens last month to the sound of a marching song and supporters' cries of "Here comes the mayor!" "In less than 100 years, Greeks will become a minority … Full News here […]

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'Here comes the mayor!' – Greek far right fires up Athens campaign

'Here comes the mayor!' – Greek far right fires up Athens campaign ATHENS (Reuters) – Greek far-right Golden Dawn lawmaker Ilias Kasidiaris strode into a packed hotel room in central Athens last month to the sound of a marching song and supporters' cries of "Here comes the mayor!" "In less than 100 years, Greeks will … […]

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Merkel praises Greek progress to exit crisis, launches new fund in Athens

Merkel praises Greek progress to exit crisis, launches new fund in Athens German Chancellor Angela Merkel sent a message of confidence in Greek economy during a visit to Athens Friday, praising her hosts for the progress achieved in the battle to exit the financial crisis, a day after the country successfully returned to … Full […]

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Merkel pledges action on Greek debt sustainability

Merkel pledges action on Greek debt sustainability On her second visit to Athens in less than two years on Friday, German Chancellor Angela Merkel pledged that the eurozone would discuss Greece's debt sustainability later this year. There was pleasant surprise among Greek government officials that … Full News here – Read more on Kathimerini

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Schaeuble says euro area working on Greek economic action plan

German Finance Minister Wolfgang Schaeuble said Greece and other euro-area governments are discussing ways to bundle measures to boost economic growth in the bloc’s most indebted nation. Schaeuble, speaking to reporters in Athens, reiterated Germany’s com… … Full News here – Latest News

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Greek courts to close May-28 due to elections

Greece’s courts will not be open between May 15 and 28 due to the local and European Parliament elections, Justice Minister Haralambos Athanasiou said on Tuesday. Any hearings not completed by May 15 will be continued from May 29. The first round of local… … Full News here – Latest News

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Two-day strike on Greek ferries due to protest over collective contracts

Passenger ferries were docked at ports in Greece on Monday due to the start of a 48-hour strike called by the Panhellenic Seamen’s Federation (PNO). The sailors are protesting that the multi-bill passed through Parliament on Sunday allows ferry companies … … Full News here – Latest News

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Greek Parliament passes multi-bill but coalition sees majority cut further

The omnibus bill containing liberalization measures and other reforms that Greece needed to pass to receive its next bailout tranche squeezed through Parliament at just after midnight on Sunday but the vote led to the government’s majority dwindling furth… … Full News here – Latest News

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Greek bank deposits drop for a second month in February

Greek bank deposits dropped in February for a second month in a row and private sector lending continued to shrink, central bank data showed on Thursday, with no sign of the credit expansion needed to spur economic recovery this year. Deposits of business… … Full News here – Latest News

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Greek coalition confident as reform multi-bill goes to Parliament

A brief debate on the multi-bill of reform measures submitted to Parliament on Friday night will begin on Saturday before a vote late on Sunday, when the government is expecting all of its MPs to back the legislation and move Greece a step closer to unloc… … Full News here – Latest News

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Amid ruins of Greek economy, green shoots emerge

On a cold day in January, car dealer Dimitris Antonopoulos handed over the keys of a brand new, white Jaguar worth 122,000 euros ($ 167,600), the first one sold in Greece in more than a year amid signs that a brutal recession might be easing. Businesses sa… … Full News here – Latest News

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Greek bill gives rescue fund legal cover for bank capital boosts

Greek banks that are majority-owned by the country’s bank rescue fund HFSF will be allowed to issue new shares to boost their capital at market prices, according to a draft bill that also gives the rescue fund legal cover to see its stakes diluted. The dr… … Full News here – Latest News

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Greek ship operator in US spill on probation for pollution

The operator of the bulk carrier that collided with a barge carrying fuel oil in the Houston Ship Channel was on probation for a 2011 federal criminal pollution violation. Cleopatra Shipping Agency Ltd. operates the Summer Wind, a 585-foot Liberian flag v… … Full News here – Latest News

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Greek pharmacists call indefinite strike over measures

Pharmacists have decided to launch an open-ended strike from Wednesday in protest at the government’s liberalization measures. The pharmacists accused the coalition of making last-minute changes to draft legislation that will limit the role of pharmacies … … Full News here – Latest News

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