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E.Tsiliopoulos

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Council of State rules ERT closure constitutional

It's been eight months since the sudden and shocking decision by the prime minister to shut down public broadcaster (ERT) and the controversy is still alive and well. On Wednesday, the Council of State delivered its positive ruling on the constitutionality of the closure.

Troika deadlocked with BoG

Today's meeting between the auditors and Bank of Greece governor Yiannis Provopoulos ended in total disagreement about the recapitalization of Greek banks. The two sides are sticking to their guns, with the governor saying the need is for 5.5 to 6 billion and the Troika representatives insisting it is closer to 20 billion.