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Daily Archives: August 29, 2017

National Meteo Service warns of “express” weather deterioration with rain, storms, hail

Greece’s National Meteorological Service (EMY) has issued a ‘weather deterioration’ report and warns of extreme rainfalls, storms, hail and very strong winds in several regions across the country. The EMY warning refers to today, Tuesday, and tomorrow, Wednesday, August 29-30 2017. The forecast predicts that the extreme weather deterioration will …

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Greece’s private sector bank deposits increased for 3. consecutive month

Private sector bank deposits increased for a third consecutive month in July 2017, according to the Bank of Greece (BoG), with the total reaching 121.25 billion euros during that month, nearly a billion euros above the figure for the previous month of May 2017. “Nevertheless, deposits in the still bailout-dependent …

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Ancient sanctuaries described by Pausanias emerging from underwater in Salamis

An underwater ruin that could be the remains of a public building situated near the port of Salamis in antiquity – possibly one seen and mentioned by the traveler and geographer Pausanias in the 2nd century AD – is gradually emerging following an archaeological investigation of Ambelakia bay near the …

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Debt cut for Greece not on the agenda for now, says Schaeuble

Greece must press ahead with implementing its reforms-for-aid program and become more competitive, German Finance Minister Wolfgang Schaeuble was quoted as saying, adding that debt relief for Athens was “currently” not on the agenda. Euro zone finance ministers and the International Monetary Fund reached an agreement on Greece in June, …

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