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Daily Archives: April 24, 2017

German-led consortium wins 67% stake in Thessaloniki port for €231.9 million

Greek privatization fund  HRADF declared a German-led consortium comprising “Deutsche Invest Equity Partners GmbH”,  «Belterra Investments Ltd.» and «Terminal Link SAS» as the preferred bidder for the acquisition of  67% stake in Thessaloniki port, the second largest in Greece. Deutsche Invest Equity Partners is a German private-equity, Terminal Link is …

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No ferries on May 1st 2017 as Greek sailors on 24h strike

All passenger ferries will remain docked across Greece on Monday, May 1, as the Pan-Hellenic Seamen’s Federation (PNO) will go on a 24-hour strike to mark May Day. Among claims, the Greek seamen are demanding that their labor and social security rights are restored to pre-memorandum levels and that collective …

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Turkish kindergarten children stage July coup play with fake weapons and death

A play involving fake weapons and scenes of death staged by kindergarten children in the Central Anatolian province of Kayseri has drawn criticism from the authorities and experts. The play, staged to mark National Sovereignty and Children’s Day on April 23, showed children clashing with each other using fake weapons …

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EU Commission confirms Greece’s primary surplus 2016 well above target

Greece’s primary surplus was 4.2 percent of gross domestic product (GDP) last year, significantly above the target set for Athens under its bailout program, the European Commission said on Monday. “The mission is returning to Athens today with the objective of concluding a sub-level agreement as soon as possible on …

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At least 16 dead when boat with refugees capsizes in the Aegean Sea

At least seven people have drowned when a boat carrying refugees capsized in the Aegean Sea on Monday morning. Two women have been rescued, one of them is in advanced pregnancy. Unconfirmed reports speak of another four bodies to have been washed out on the Turkish coast. A Search and …

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Will EU and German support convince French euroskeptics to vote for Macron?

Ex banker, ex socialist and political outsider Emmanuel Macron won the first round of presidential elections in France on Sunday. French elections results have been perceived with a sign of relief in the European Union. A fine day for Europe and Greece, where creditors are expected to return to Athens …

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