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German FinMin Scholz to block €970mn for Greece at Eurogroup

German finance minister Olaf Scholz (SPD) plans to block the release of 970 million euros for Greece at the Eurogroup meeting in Brussels on Monday. According to an internal memo of the German Finance Ministry obtained by daily Handelsblatt, the Eurogroup should postpone its decision [for the money release] at …

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Court blocks liquidation of nationalized city bus company OASTh

Greece’s highest administrative court, the Council of State (CoS) ordered the temporary freeze to the ongoing insolvency process for the recently nationalized greater Thessaloniki area urban bus company (OASTh). The ruling comes after a petition was filed by three members of the previous board of directors and former shareholders of …

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