Regling: Greek economy did better than expected in 2016

Sun, 26 Feb 2017; 19:03

The European Union is more optimistic than the International Monetary Fund (IMF) about Greece’s economic performance because the numbers for 2016 were better than expected, Klaus Regling said in an interview with Spanish newspaper “El Pais” on Sunday, adding that there are still differences between the Fund and the EU on how to proceed with the Greek program. “There are disagreements in two areas: the IMF is more pessimistic regarding […]

Read more

Let us hope that after the referendum Turkey will face its responsibilities, Anastasiades says

Fri, 24 Feb 2017; 15:02

Let us hope, to the extent that this can be permitted to us anymore, that after the referendum (in April, in Turkey) it will not be possible, at long last, for pretexts to be used in order for Turkey to avoid its responsibilities, said today the President of the Republic of Cyprus, Mr Nicos Anastasiades. In his remarks to reporters, on the sidelines of the ceremony for the presentation of […]

Read more

Athens Airport gets Automated Passport Control Units

Thu, 23 Feb 2017; 22:03

Athens Airport will acquire e-gates, automatic passenger passport control and passenger identification gates, (Automated Border Control Units), in 2017 and will reach the standards of many large international airports and railway stations. These systems used in the departure and arrival of passengers to and from countries outside the Schengen Treaty, are expected to operate towards the end of the year and contribute to enhancing the travel experience of millions of […]

Read more

Tsakalotos defends handling of negotiations with creditors

Thu, 23 Feb 2017; 21:23

Greek Finance Minister Euclid Tsakalotos defended the results of the latest Eurogroup meeting for Greece which resulted in direct talks with creditors resuming in Athens next week. The minister rejected criticism that his handling of talks with creditors are likely to result in a fresh round of austerity, arguing that Athens will make reforms that have a neutral fiscal impact and seek to support the most vulnerable. Tsakalotos told parliamentarians […]

Read more

 Tsipras holds telephone conversation with Lagarde

Thu, 23 Feb 2017; 20:53

Greek Prime Minister Alexis Tsipras held a conversation over the telephone with IMF Managing Director Christine Lagarde, on the eve of the latter’s meeting with the German Chancellor in Berlin. In their telephone conversation, according to government sources, they discussed that Greece has taken steps in changing the financial mixture the IMF requests for the post-program period. Also, on its part, the IMF made steps with respect to the zero […]

Read more

Russians and Chinese “champions” in Greek Golden Visas

Thu, 23 Feb 2017; 18:33

The Greek Golden Visa program providing a permit to reside in Greece to investors of over 250,000 euros in the country has generated great interest. Those who have most utilized the program are the Chinese and Russians. Investments may involve either real estate or business activity and permits are granted to investors / residents of third countries but are not limited to them, they also include their families. At a […]

Read more

Government eyes ENFIA tax reform

Thu, 23 Feb 2017; 08:02

The Greek Finance Ministry is working on a set of so called “countermeasures” it will propose to creditors, aimed at offsetting the extra austerity which is expected to be imposed in order to make sure fiscal targets are met. According to government sources, for every euro resulting from the lowering of the tax-free threshold, the Greek government will have the right to enact corresponding reductions in the property tax or […]

Read more

Akinci will not attend the meeting of the leaders scheduled for Thursday

Wed, 22 Feb 2017; 18:23

The United nations informed the President of the Republic of Cyprus today that the leader of the Turkish Cypriot community will not attend the meeting of the leaders scheduled for tomorrow, said the Government Spokesman, Mr Nikos Christodoulides, today. In his remarks to reporters following the meeting of the President of the Republic, Mr Nicos Anastasiades, with the Special Representative of the UN Secretary-General in Cyprus, Ms Elizabeth Spehar, the […]

Read more

Director Nikos Koundouros passes away, aged 90

Wed, 22 Feb 2017; 16:32

Greek film and television director Nikos Koundouros passed away on Wednesday, at the age of 90. Koundouros had been admitted to hospital with respiratory complaints in recent weeks. Born in Athens in December 1926, to a family originally hailing from Crete, Koundouros was counted among the most notable modern Greek directors, while his 1956 film “The Ogre of Athens” is considered by many to be the best Greek film of […]

Read more

Kotzias: Turkey should stop playing games. We will not always be that tolerant

Wed, 22 Feb 2017; 11:12

On Tuesday night, Greek Minister of Foreign Affairs Nikos Kotzias gave an interview at SKAI news station, on the “Istories” show of Alexis Papahelas. Among other topics, FM Kotzias revealed that Turkey jeopardized the Greek – Turkey relations on the morning of Friday the 17th of February 2017, when a Turkish ship of the Turkish naval Fleet proceeded to take fire drill shots near Farmakonisi Island. As FM Kotzias said […]

Read more

Leaders’ Thursday meeting will not take place as Akinci refuses to attend

Wed, 22 Feb 2017; 09:42

The meeting between President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci scheduled for tomorrow is not going to take place, Government Spokesman Nicos Christodoulides has just tweeted. Τhe tweet said that “unfortunately the UN have just informed us that due to Turkish Cypriot leader`s refusal to attend, the meeting will not take place.” UNSG`s Special Representative in Cyprus Elizabeth Spehar had a meeting this morning with President Anastasiades, following […]

Read more

Where Athens and creditors stand following Eurogroup agreement

Wed, 22 Feb 2017; 07:12

Following Monday’s Eurogroup meeting in Brussels, several conclusions could be drawn as to what the Greek government took away and what remains to be done in terms of the review of Greece’s bailout program. It is now clear that there was no “political agreement” to wrap up the review as the Greek government hoped. Instead, there was merely an agreement for the “quartet” to return to Athens next Monday. If […]

Read more