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Two suitors for Greek railway rolling stock maintenance provider

Italian rail operator Ferrovie dello Stato Italiano SpA and Skoda Transportation AS have submitted official interest in a tender for the 100-percent stake of ROSCO SA, the state-run railway rolling stock maintenance provider, the Hellenic Republic Asset Development Fund (HRADF or TAIPED) announced on Monday.

Erdogan's rhetoric undermines the Treaty of Lausanne

The rhetoric of Turkey's President Recep Tayyip Erdogan directly or indirectly undermines the Treaty of Lausanne and the Greek-Turkish relations as well as the EU-Turkey relations," Greek President Prokopis Pavlopoulos said on Tuesday at a ceremony for his declaration as honourary citizen of Edessa, northern Greece.

Erdogan: Provocative remarks about Thrace

“Turkey isn’t just Turkey,” adding that apart from its 79 million citizens there were hundreds of thousands of other “brothers” in the geographical regions to which it had been historically and culturally bound, pointing to “western Thrace.”

Stournaras urges debt relief so Greece can regain market access in 2018

Greece needs debt relief because it will not regain access to markets in 2018 unless its public debt is considered sustainable, Bank of Greece governor Yannis Stournaras said on Monday, addressing the annual conference of the Greek Tourism Confederation. Greece should achieve growth rates of 2.7 pct of GDP in 2017, provided the second review of the Greek programme was concluded swiftly.

More than a third of Greeks living in poverty

More than one in three residents of Greece experienced conditions of poverty and/or social exclusion in 2015, according to Eurostat figures released on Monday. The European Union average was roughly one in four, the same report said.

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