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Parliament Committee approves extension of territorial waters in Ionian Sea

The Committee on National Defense and Foreign Affairs in Parliament approved the draft bill extending the Greek territorial waters in the Ionian Sea to 12 nautical miles. The approval in principle came from all parties except the Communist Party, which voted “present”. Foreign Minister Nikos Dendias who was present at …

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Greek Parliament approves law for medical cannabis

Lawmakers approved a law allowing the farming and processing of medical cannabis in Greece on Thursday evening. Coalition government parties, SYRIZA and Independent Greeks (ANEL), Democratic Coalition (PASOK) and Potami voted in favour, New Democracy, the Communist Party KKE, Golden Dawn and the Centrists Union voted against.  “We are discussing …

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Greece’s Asylum Service report: 58,661 asylum applications submitted in 2017

Greece’s Asylum Service has published its report for the work in 2017. The Asylum Service registered 58,661 asylum applications, of which 26,668 were submitted on the five Aegean islands where Reception and Identification Centers (“hotspots”) are located. The detailed report gives information about countries of origin, approved and rejected application …

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EWG, Germany approve €7.5bn bailout tranche for Greece

All prior action demanded from Greece have been fulfilled. The Euro Working Group gave the green light for the disbursement of the €7.5billion bailout tranche form the European Stability Mechanism on Thursday evening. The Budget Committee of the German Bundestag approved the disbursement on Friday morning. According to Reuters, the …

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FRAPORT sees €1.23bn offer for privatization of Greece’s regional airports as “basis for negotiations” (!!!)

Yesterday, we “celebrated” the Greek government decision to seal the deal and give the privatization of the country’s top 14 regional airports to German-Greek consortium Fraport-Slentel. Yesterday, we welcomed German state-run enterprise FRAPORT for ‘helping  Greece’ as some German media underlined. Today, FRAPORT seems to reconsider the offer it made …

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Greek Parliament approves creditors’ bill, rift in SYRIZA remains

With overwhelming majority the Greek Parliament approved the second bill of “prior actions” demanded by the country’s creditors. The Bill was approved with 230 votes. Against the bill voted 63 lawmakers among them also 31 from Tsipras’ SYRIZA. Another 5 SYRIZA lawmakers voted “present”. Voting result: YES 230 SYRIZA, Independent …

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Greek Parliament approves Referendum with 178 YES

Greek Parliament approved with votes the government proposal for Referendum on Creditors’ proposal on July 5th 2015. YES voted: SYRIZA, INDEPENDENT GREEKS, GOLDEN DAWN. NO voted: NEW DEMOCRACY, PASOK, TO POTAMI, KKE. The Referendum Question The roll call voting started at 2 a.m. Sunday, after a heated debate that lasted …

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ECB approves ELA funding for Greek banks

The European Central Bank approved the application the Bank of Greece to activate the Emergency Liquidity Assistance (ELA) for systemic banks of the country. According to Imerisia.gr, the ELA funding will go to Eurobank, Piraeus and Alpha Bank. The fourth systemic bank, National Bank, has apparently not submitted an ELA …

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More than 225K Greeks applied for “social dividend” allowance

Thousands of Greeks rushed to submit applications amid the Easter holidays in order to receive a share of 500 euro from the so-called ‘social dividends’ from the primary surplus. “225,000 people have applied so far,” Greek media reported on Tuesday noon stressing that the number of electronically submitted applications was …

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ΕU approves Aegean Airlines – Olympic Air merger

Τhe European Union gave its blessing Wednesday to the merger of Greece‘s Aegean Airlines and its rival Olympic Air, saying that there would be no harm to competition since Olympic Air would have no choice but to shut down without the deal. The EU‘s executive, the European Commission, had once …

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German Parliament approved Greek Aid Package with 473:100

Members of German Parliament, the Bundestag, approved on Friday the Greek aid package agreed during the euro group finance ministers  meeting beginning of the week. From a total of 584 MPs who voted, 473 voted in favour, 100 voted against, while 11 abstained. Reports from the Bundestag that Angela Merkel has missed getting …

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EU Leaders Approved €120-Billion Jobs-, Growth-Plan via EIB

European Union leaders approved a 120 billion-euro ($149 billion) plan to promote growth in the 27-nation bloc that includes a capital boost for the European Investment Bank. The government chiefs agreed on a 10 billion-euro capital increase for the EIB today as a centerpiece of the long-term growth plan, which …

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Greek Parliament Approved 2nd Bailout Agreement

Greek Parliament approved the new €130-billion loan agreement in the early morning hours of Wednsday. 213 MPs voted in favor, while 79 deputies voted against it and 8 MPs did not cast a vote. The loan agreement was voted in favor by coalition government deputies from socialist PASOK, conservative Nea …

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