IMF: Greek debt unsustainable
IMF BoD approved the report on the Greek economy and the Greek debt sustainability, which retains the gap between the fund and the European creditors to Greece.
- Written by E.Tsiliopoulos
Draghi: Greece must complete second review and have sustainable debt to join QE
A sustainable Greek debt and completion of the second review of the Greek programme are necessary prerequisites for Greece's inclusion in the quantitative easing, European Central Bank (ECB) President Mario Draghi said on Monday.
- Written by E.Tsiliopoulos
Foreign investors lower exposure in Greek market
Foreign investors lowered their exposure in the capitalisation of the Greek stock market in January, with their share falling to 60 pct from 61.4 pct in December.
- Written by E.Tsiliopoulos
Protesting farmers from around Greece gather in Nikea
Farmers throughout Greece will decide on the future of their protests against the new taxation and social security contributions during a meeting in Nikea, near Larisa, on Tuesday noon.
- Written by E.Tsiliopoulos
13 earthquakes jolt Lesvos in 24h
A total of 13 earthquakes above 3-Richter magnitude have jolted the eastern Aegean island of Lesvos since the 5.2-Richter tremor early on Monday.
- Written by E.Tsiliopoulos
Bakoyannis: Greece can΄t afford a 3rd failed negotiation
Greece urgently needs to reform and modernise its tax system, making it fairer, simpler and more friendly to businesses and entrepreneurs, main opposition New Democracy MP and shadow minister for growth Dora Bakoyannis said in an exclusive interview with Athens-Macedonian News Agency (ANA) journalist Dimitris Harontakis.
- Written by E.Tsiliopoulos
ΙMF to discuss Article 4 report on Greece and debt sustainability
IMF’s Executive Board meeting today to discuss Article IV report on Greece as well as the updated Debt Sustainability Analysis; reportedly, these reports should set out the conditions under which the IMF could participate in the current Greek programme but no final decision on the IMF’s participation/role in the Greek programme should be expected today.
- Written by E.Tsiliopoulos
Gvt. sources: Debt and investments the focus of PM's visit to Paris
The prime minister's stopover in Paris on the way back from Lisbon was not a "holiday" but mainly focused on finding solutions for Greece's debt and efforts to attract foreign investment, government sources said, in reply to main opposition New Democracy's criticism.
- Written by E.Tsiliopoulos
Court to decide on Tuesday whether to freeze DOL media group’s assets
A First Instance Court will decide on Tuesday (Feb. 7) whether to temporarily freeze the sale of any assets of the bankrupt DOL media group and whether it will exempt one bank account to allow for the payment of the group’s employees. DOL’s 500 employees have not been paid in seven months.
- Written by E.Tsiliopoulos
EMBCA event: "Ioannina: In The Court of Ali Pasha- Childe Harold Reconsidered"
An event entitled "Ioannina: In The Court of Ali Pasha- Childe Harold Reconsidered" was held before a packed house on January 19 at the 3 West Club in New Yorkby the EMBCA (East Mediterranean Business Culture Alliance).
- Written by E.Tsiliopoulos
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Alt Labour Minister Antonopoulou highlights potential of 'social economy' in Greece
Developing the social economy in Greece could help stem the emigration of young Greek scientists and professionals abroad, putting the brakes on the so-called "brain drain," Alternate Labour Minister for fighting unemployment Rania Antonopoulou said in an interview released on Sunday, by AMNA.
Turkey's PM says 130 isles in Aegean in dispute
Continuing the polemic rhetoric against Greece, Turkish Prime Minister Binali Yildirim warned Greece not to mistake the low key response by Turkey to the “provocations” by Greece as a weakness, according to newspaper Hurriyet.
Turkish Foreign Ministry: Military exercises on Kos illegal
The Turkish Foreign Ministry called on Greece to refrain from escalating tensions between the two countries in response to a military exercise on the Aegean island of Kos.
PM Tsipras to participate in informal EU summit in Malta
Prime Minister Alexis Tsipras on Friday will participate in the informal summit to take place in Malta.