The new markets- and business-friendly Greek government could not persuade of the effectiveness of its pre-election promises and the Athens Stock Exchange landed rough on the terrain of the Greek economic realities. In just two days, the General Index recorded losses of -6%. The session on Tuesday closed with -4.28% …
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PM Kyriakos Mitsotakis: The names of the cabinet ministers
Government spokesman Stelios Petsas announced the new Cabinet of Prime Minister Kyriakos Mitsotakis on Monday evening. The members of the new cabinet will be sworn in at 12:00 noon on Tuesday in the presidential palace. This will be followed by handovers at individual ministries. According to news agency amna, the …
Read More »Ballot Box stolen from polling center in Exarchia and set on fire
At least one ballot box was stolen from a polling stations in the anarchists’ district of Exarchia in Athens and were allegedly set on fire. The unprecedented incidents took place on early Sunday evening short before the polling stations in Koleti and Arahovis streets were closed at 7 p.m. According …
Read More »The EZ Vaudeville: “Greek economy” on Eurogroup agenda on July 8
European lenders must have either a weird sense of humor or they are complete freaks in the eurozone vaudeville. Just hours after the Greek general elections, and while the ink has yet to dry on the ballot papers, the finance ministers of the eurozone will hold a Eurogroup meeting to …
Read More »Spanish PM Sanchez to represent Tsipras at crucial EU top jobs meeting
Prime Minister Alexis Tsipras had to leave the European Council Summit in Brussels and return to Greece due to his obligations less than a week before the general elections on Sunday, July 7. “We are close but not there yet,” he told reporter commenting on whether European leaders had reached …
Read More »Greece’s next Parliament may emerge with six or seven parties, in new composition
A six- or seven-party Parliament is expected to emerge after the general elections in Greece on July 7th, even if with different composition than after the last elections. This is the prediction based on public opinion polls just a week before the elections. According to the poll, New Democracy still …
Read More »Varoufakis urges Greeks to vote either MeRA25 or Communist KKE
Former SYRIZA finance minister Yanis Varoufakis has urged Greeks to vote either his own party MeRA25 or communist KKE. “it a vote of resistance against the 4th memorandum,” he stressed. In an interview with state news agency amna, Varoufakis said that “even if we all in MeRA25 voted SYRIZA, New …
Read More »Tsipras’ new girl friend makes the Greek internet melt
“My new girl friend,” wrote Prime Minister Alexis Tsipras on his instagram account and had the Greek internet melt. The Prime Minister with a tiny, fluffy something in his arms? He had his fans puzzle on whether the puppy is the new member of his family or it belongs to …
Read More »Government blocks hikes in Attiki Odos toll fees due as of July 1
The outgoing Greek government issued a legislative order essentially forbidding a planned increase in the toll fees in the greater Athens area’s sole tollway Attiki Odos. The government order followed a a recommendation by Transportation Minister Christos Spirtzis. The government cited what it called “defense of public interests and the …
Read More »ND elitism: Different school courses for rich or poor children in cities or villages
Different courses and education schedule per school unit depending on the village, town, city or region. Slowly but gradually, high-ranking officials of conservative and neo-liberal New Democracy reveal the party plans once it emerges as the winner of the general elections on July 7, 2019. Slowly but gradually, ND officials …
Read More »New Democracy leads with 2-digit figures in public opinion polls
Greece’s main opposition party, conservative New Democracy (ND) continues lead in public opinion polls and with with a double-digit difference to ruling, left-wing SYRIZA. According to the latest poll conducted by Marc on behalf of private ANT1 TV: ND 34.3% SYRIZA 23.8% KINAL/PASOK 6.6% KKE 5% Golden Dawn 3.2% Two …
Read More »New Democracy plans child benefits for “Greek children only!”
The child benefits conservative New Democracy plans for when it emerges to power from the 7. July elections will be for “Greek children only!” This was revealed by Kosntantinos Kyranakis, ND candidate in Athens and co-founder of BrainGain.gr and close aide of leader Kyriakos Mitsotakis. “We really want to make …
Read More »Greek Public Power Company PPC at risk of “sudden death”, stocks -17.32%
Shares of Greece’s Public Power Corporation PPC plunged and recorded losses of -17.32 with the stock price at 1.728 at the end of Athens Stock Exchange session on Thursday’s following media reports about the tragic economic situation of the company. Greek PPC is reportedly looking for 300 million euros in …
Read More »New Democracy favors EU sanctions against Turkey
Greece’s main opposition party and potential winner of July elections, conservative New Democracy favors EU sanctions against Turkey. ND is reportedly closely monitoring the developments in the Exclusive Economic Zone of Cyprus and Turkey’s drilling provocations in drilling in the area. Following the extraordinary meeting of the Government Council for …
Read More »PM Tsipras calls on extra Gov’t Council meeting to explore tension in East Mediterranean
Prime Minister Alexis Tsipras interrupted his pre-elections campaign on Sunday and called for an extraordinary meeting of the Government Council for Foreign Affairs and Defense (KYSEA). According to reports, the meeting will focus on developments in the Eastern Mediterranean Sea and Turkey’s drilling activities in the Exclusive Economic Zone of …
Read More »Attiki Odos toll to rise twice on July 1 and January 1
Tolls on the Attiki Odos national highway will rise in two stages, on July 1 and on January 1, 2020, the company said on Friday. The decision triggered the anger of Transportation Ministry. All categories of vehicles will see rises. For cars in particular, current tolls of 2,80 euros will …
Read More »Greek Parliament abolishes the broadening of tax-free basis
The plenary of the Greek Parliament voted to revoke the broadening of the tax-free basis on Friday, the last day of its operation due to the upcoming snap elections in July. The bill passed with the votes of ruling party SYRIZA. Communist KKE and To Potami voted “present”. New Democracy, …
Read More »PM Tsipras rejects Commission report as dictated by “ultra-conservatives in Brussels”
Greek Prime Minister Alexis Tsipras rebuffed the European Commission report over the recent “relief measures.” The Commission was taking a leaf out of his political opponents’ book before snap elections, Tsipras said. In statements outside the Maximos Mansion, Tsipras said the results of the European elections had whetted the appetite …
Read More »SYRIZA MP admits her daughter assigned to Parliament staff due to her “political connections”
There has been no more cynical admission since ages. SYRIZA MP, deputy Parliament Speaker and former Migration Minister, Tassia Christodoulopoulou admitted that her daughter was posted to the Parliament staff because she used some of her political connections. Speaking to Alpha TV, Christodoulopoulou said without blushing that she took advantage …
Read More »Finance Ministry: EU Commission has been wrong on Greece’s surplus projections also in the past
The Greek Finance Ministry dismissed the report of the European Commission released earlier today. “The primary surplus for the general government in 2019 will reach 4.1% of the GDP,” sources of the finance ministry told media and rejected the evaluation that the relief measures pose a risk for the agreed …
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