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Daily Archives: September 27, 2017

EU plans to resettle more refugees from North Africa, support project with 500mn euros

The European Union unveiled a new plan Wednesday to resettle at least 50,000 refugees, the majority of them from northern Africa. The EU’s executive branch, the European Commission, said it has set aside 500 million euros ($587 million) for the effort. It wants refugees in Libya, Egypt, Niger, Sudan, Chad …

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New oil spill in the Saronic Gulf after vessel sinks in Aspropyrgos

One more vessel sank in the Saronic Gulf, this time in Aspropyrgos bay, east of Halyvourgiki pier, some 20 km west from Athens. Cargo Vessel “Elefantas” sank on Tuesday afternoon while it was anchored. The wreck occurred after water inflow, the vessel Inspection conducted by the Port Authority showed “marine …

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Golden Dawn MP Michos leaves party amid trial

MP Nikos Michos left far-right Golden Dawn leaving the party with just 16 MPs in the Greek Parliament. Michos announced his withdrawal with a statement. he blamed leader Nikos Michaloliakos and complained that the party had been hijacked by enemies of Greece’s nationalist movement. Michos announced further that he would …

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Piraeus Bank says will respond to central bank audit over regulatory violations

Piraeus Bank said on Monday it will respond to a draft report of a Bank of Greece audit that found regulatory violations during 2014-16 and that a final report by the central bank would follow thereafter. Piraeus shares came under selling pressure last week, prompting the bank to say it …

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