Full IMF statement on Greece
The International Monetary Fund (IMF) Executive Board of Directors released a statement after a 3-hour meeting on the Greek program:
- Written by E.Tsiliopoulos
EuroGroup President: IMF report outdated
The President of the EuroGroup, Jeroen Dijsselbloem said the report released by the Executive Directors of the International Monetary Fund (IMF) early morning Tuesday on the progress of the Greek program was outdated.
- Written by E.Tsiliopoulos
BoG Governor: IMF underestimates progress made in Greece
The letter is a response to the IMF’s report published on Monday which proposed, among other measures, broadening the personal income tax base and rationalizing pension spending and reducing non-performing loans (NPLs).
- Written by E.Tsiliopoulos
Eight million euros for the promotion of Greece in international markets
The programme "Advertising - Promotion of Tourism Programmes", budgeted 8 million euros, was included in the Public Investments Programme at a decision of Alternate Economy and Development Minister Alexis Charitsis.
- Written by E.Tsiliopoulos
72,000 people to be evacuated from western Thessaloniki to remove unexploded WWII bomb
Authorities finalized on Tuesday a major plan to evacuate 72,000 residents from western Thessaloniki to allow bomb disposal units to safely defuse and remove an unexploded bomb dating from World War II.
- Written by E.Tsiliopoulos
New York: Presentation of "Mediterranean Blue" documentary
The Consulate General of Greece in New York will host a reception on the occassion of the presentation of the travel documentary series "Mediterranean Blue", which is dedicated to the Greek islands and will be shown on the PBS network.
- Written by E.Tsiliopoulos
Exxon Mobil-Qatar Petroleum talks with Cyprus about new natural gas field
Exxon Mobil-Qatar Petroleum are talking with the Cypriot government about a 40% of the R&D rights of Block 10 inside the country’s EEZ. The colossal state energy company Qatar Petroleum (QP) is expanding especially on the LNG sector in Maroko and Cyprus.
- Written by E.Tsiliopoulos
Greek Foreign Minister refers to possible meeting on Cyprus in March
Greek Minister of Foreign Affairs Nikos Kotzias referred to the chance of a meeting between the Foreign Ministers of the guarantor powers in Cyprus, the President of the Republic of Cyprus and the representative of the Turkish Cypriot community, speaking to the press in Brussels, where he took part at the External Affairs Council of the EU 28.
- Written by E.Tsiliopoulos
Committee for Coordination of Air and Sea Transport in Greece Announced
An inter-ministerial meeting at the Shipping and Island Policy ministry last week decided to set up a committee for the coordination of air and sea transport in efforts to ensure that remote islands remain connected with the mainland particularly in winter with the introduction of combined transport.
- Written by E.Tsiliopoulos
Greek Summer Attracts New Flights
As summer draws near all the more airlines are introducing new flights, adding more seats or boosting the frequency of their existing routes to destinations in Greece aiming to secure a piece of the growing market with local sector professionals expecting another record year at 41 of the country’s airports.
- Written by E.Tsiliopoulos
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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.
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.
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.
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.