Tag Archive | "Greek"

Greek PM offers compromise solution with elections by end-2015

Prime Minister Antonis Samaras on Sunday presented a compromise solution to end a political stalemate that looks likely to send Greece to early general elections in about a month’s time. Speaking in an unscheduled televised address to lawmakers in the cou… … Full News here – Latest News

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No risk of contagion from Greek vote, Italy’s FinMin says

Italian Economy Minister Pier Carlo Padoan said on Thursday that possible fallout from Greece’s political showdown would not trigger a eurozone debt crisis like the one that pushed Italy close to default three years ago. “Greece in 2015 is not the same as… … Full News here – Latest News

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Greek bond yields fall after ‘friendly’ Schaeuble comments

Greek government bond yields fell sharply on Thursday after German Finance Minister Wolfgang Schaeuble said Athens was on the right track in terms of reforms. “If the reforms already under way in Greece are continued then Greece can have further successes… … Full News here – Latest News

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Greek Parliament fails to elect president in first ballot

Just 160 MPs backed the government’s candidate for president, Stavros Dimas, in the first of three votes on Tuesday. Dimas had been expected to draw at least 161 of the 200 votes he needed but indpendent lawmaker Panayiotis Melas voted «present.» He was o… … Full News here – Latest News

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Greek stocks and bonds suggest government may fall

Greek lawmakers will vote Wednesday on whether to back Prime Minister Antonis Samaras’s choice for a new head of state. The collective wisdom of financial markets suggests his gambit may fail, leading to elections early next year that could result in the … … Full News here – Latest News

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Court of auditors finds EU funds wasted on three Greek regional airports

The European Court of Auditors concluded on Tuesday that millions of euros in European funding has been wasted on 20 regional airports in the bloc, three of which are located in Greece. In a special report titled “EU-funded airport infrastructure: Poor va… … Full News here – Latest News

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12/16/2014: Front Page: Greek Olympian blamed for Albanian doping

A row has broken out between the national weightlifting federations of Greece and Albania following claims over the weekend that the former Greek Olympian and current national squad coach, Leonidas Sabanis, played a role in the doping of three Albanian… Full News here – Kathimerini English

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Greek general named next head of EU Military Committee

Greek general Michail Kostarakos was named on Monday as the next Chairman of the EU Military Committee. Kostarakos, currently Chief of the Hellenic National Defence General Staff, will assume his duties on November 6 next year. During his three-year stint… … Full News here – Latest News

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Greek gov’t, opposition condemn gun attack on Israeli embassy

The Greek government condemned on Friday as a “terrorist assault on democracy” a night-time gun attack on the Israeli embassy in Athens that saw the building sprayed with gunfire but no one hurt. A gunman riding on the back of motorcycle raked the embassy… … Full News here – Latest News

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Samaras gathers presidency votes in bid to save Greek government

Greek Prime Minister Antonis Samaras is broadening his support in parliament with less than a week to go before his first attempt to elect a new president and avoid an early election in Europe’s most indebted state. Eight independent lawmakers said in int… … Full News here – Latest News

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First presidential vote in Greek Parliament to take place Dec. 17 at 7 pm, source tells Kathimerini

The first of three possible parliamentary votes to elect Greece’s new President will take place on Wednesday, December 17, at 7 p.m., sources have told Kathimerini. The conservative-led coalition needs a two-thirds majority – equivalent to 200 MPs out of … … Full News here – Latest News

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Greek police destroy bomb outside bank following warning call

Greek police on Monday morning destroyed a bomb by controlled explosion outside a bank in northern Athens, following a warning call to a newspaper. There was no damage or injuries. Police said the site in the suburb of Halandri was evacuated and cordoned … … Full News here – Latest News

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Greek god turning heads in Russia

ST PETERSBURG – The white flowers in the vase placed in front of the headless reclining sculpture were a sign of honor and respect, I learnt during a recent visit to the formerly imperial, later revolutionary and currently federal Russian city. Neverthele… … Full News here – Latest News

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Euro drop helps Greek exports rebound

The decline of the euro – mainly against the dollar – gave Greek exports a fresh boost in October, exporters say, as Hellenic Statistical Authority (ELSTAT) data on Monday showed a rebound of 7 percent year-on-year according to provisional estimates, foll… … Full News here – Latest News

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12/8/2014: Front Page: Greek, Turk PMs pledge closer ties amid tension

The third Greek-Turkish High-Level Cooperation Council ended on Saturday with a joint statement pledging goodwill and the intention for closer bilateral cooperation in trade, tourism, energy and cracking down on illegal immigration. But both Prime… Full News here – Kathimerini English

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