Greek MPs face another day-long marathon vote to pass another of raft of legislation needed for the country to secure a recently-agreed third €85 billion bailout deal criticised by the German finance ministry as being “not sufficient” in key areas of ...
Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros
Thursday, August 13, 2015
Greece’s ‘Rent a Room’ Market Has Dropped by 20%
The August 15 Dormition of the Virgin Mary holiday is the peak season for Greek holidaymakers, but this year the number has dropped by 20%, and according to the Association of Greek Tourism Enterprises (SETE), despite the traffic this week, the damage to Greek tourism after the capital controls and bailout saga cannot be reversed.
German FinMin’s Hawkish Stance Toward Greece Continues
German Finance Ministry officials requested further clarification on the bailout draft agreement between Greece and its creditors, since there is “no clarity on the direction of policies,” according to the German government. The three issues that mainly concern Germany, according to German Finance Minister Wolfgang Schaeuble‘s document, are the participation of the International Monetary Fund (IMF) in the third Greek
Thomson boss: Greece needs help to tackle migrant 'tragedy'
You can read about the full impact on the company here. Mr Long also told me of his new fears about a different part of the world - Greece. There, he said, images of clashes between migrants and local officials on Kos and other important tourist islands in ...
European Commission Prepared for Greek Bridge Loan Scenario
The European Commission is prepared to face the potential scenario of a bridge loan for Greece, noted spokeswoman Annika Breidthardt during a briefing on Thursday. She noted that as European Commission President Jean-Claude Juncker has said in the past, the Commission aims to reach an agreement by August 20. Therefore, a bridge loan is only discussed as a contingency plan,
Greece sends cruise ship to ease Kos migrant crisis
… . The situation has led the Greek government to send a cruise … .” Kos is one of several Greek islands to be overwhelmed this … are still arriving in Italy, Greece has overtaken its neighbour as … have arrived by boat to Greece in 2015, a rate 750 …
Greek privatisation agency sets deadlines on port, railway tenders
Greece's privatisations agency on Thursday announced deadlines for bids on tenders for the country's two largest ports and state railways TRAINOSE, assets Athens has agreed to sell as part of a new three-year bailout by its international lenders. Greek privatisation proceeds, excluding bank shares, are expected to total 6.4 billion euros between 2015 and 2017, under terms of the bailout. The privatisations agency set an October deadline for binding bids for Piraeus Port , a December deadline for bids for TRAINOSE and a February 2016 deadline for Thessaloniki Port .