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Monthly Archives: February 2015

Torrential rains cause floods in Mandra (pcts, video)

Streets turned into rivers, houses and shops have been flooded, people were trapped in masses of running waters, vehicles were swept away and power was cut in several areas in the west of Attica prefecture not far away form the Greek capital. Nea Peramos, Megara and Mandra were especially hit …

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SPD MP condemns BILD campaign as Germany votes for Greece’s extension

Lawmaker Axel Schaaefer from MErkel’s coalition partner SPD went well prepared to the German Parliament today. Under his arm, he has a copy of tabloid Bild. He has already marked the newspaper’s front page promoting an anti-Greek hate-campaign with a huge, thick X. When his turn comes to join the …

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Minister: Greek Gov’t to ask 2-month extension for IMF’s repayment

“Greek government will ask for a two-month extension to repay the International Monetary Fund,” if not enough revenues collected, Alekos Flabouraris, State Minister responsible for government coordination said on Thursday. Speaking to private Mega TV, Flambouraris said that “there is a liquidity problem, but we believe that with the measures …

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Privatizations in Energy sector cause rift in Greek government

Energy Minister Panagiotis Lafazanis declared absolute negative towards privatizations in Greece’s energy sector. “There is not going to be any privatization in DEH [Public Power Company] in DEPA [natural gas distribution operator ] or ELPE [Petroleum Company]. I repeat what I have said until today,” Lafazanis told daily TA NEA. …

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Greece’s Reforms List expected to be approved by Eurogroup / Live-Blog from Athens

Greece sent the famous Reforms List to its creditors in Brussels on Tuesday morning, a couple of hours later than as originally demanded by the Eurogroup on February 20th. Finance Minister Yanis Varoufakis told CNN, that the list was ready Monday evening but that the lenders had requested a delay. …

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Greece sends draft with reforms proposals to IMF, EU, ECB

A hectic weekend and an open hotline between Athens and Brussels for consultations, as the Greek team prepares the list of planned structural reforms to the country’s lenders. The deadline decided by the Eurogroup on February 20th, expires Monday midnight. A teleconference will follow, with Finance Minister Yanis Varoufakis on …

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