January 5, 2023
Archeology, Culture, FEATURED
A plethora of publications in major international media, mainly British, but also in Bloomberg, have reported of an imminent agreement between the Acropolis Museum and the British Museum for the partial and timely limited return of the Parthenon sculptures to Greece. The “deal” is in fact no return of the …
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January 4, 2023
Archeology, Culture
Greece’s Culture Ministry declined to confirm a report on Tuesday that the British Museum and the Acropolis Museum are nearing an agreement on the gradual return of the Parthenon Sculptures to Greece. According to Bloomberg news agency, such an agreement would foresee that a part of the Parthenon Sculptures would …
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January 4, 2022
Economy
Public Gas Corporation of Greece DEPA Commercial and Gazprom struck a deal on Monday after months of negotiations on the price for the supply of natural gas, on terms that were favorable for the Greek market, an announcement said. The new deal, which is included within the framework of the …
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October 1, 2021
FEATURED, Politics, Turkey-GR
The defense agreement between Greece and France is “a threat to regional peace and stability” the Foreign Ministry in Turkey said in its first official reaction adding that Greece has “maximalist claims.” “Greece’s maximalist claims for jurisdiction over maritime areas and airspace are incompatible with international law. It is futile …
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January 25, 2021
Greece, Politics
Greece and France signed on Monday a 2.3 billion euro deal for the purchase of 18 Rafale fighter jets, as tensions with Turkey remain high. Florence Parly, the French defense minister, signed the agreement in Athens to deliver 12 used and six new aircraft built by Dassault Aviation over two …
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October 11, 2020
Greece
Egypt’s president Abdel-Fattah el-Sissi ratified on Saturday the maritime deal setting its Mediterranean Sea boundary with Greece and demarcating an exclusive economic zone for oil and gas drilling rights, the country’s state-run news agency reported. The bilateral agreement is widely seen as a response to a rival deal between Turkey …
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August 6, 2020
Turkey-GR
Just a few hours after Greece and Egypt signed the historic agreement of the Exclusive Economic Zone on Thursday, Turkey’s Foreign Ministry issued a statement claiming “a maritime boundary” between the two countries does not exist” and that such an agreement was “null and void.” The demarcated area is “located …
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July 9, 2020
Politics, World
Turkey’s drilling activities, combined with the signing of a memorandum of understanding with Libya are are “counterproductive” and do not contribute to the stability and security of the Eastern Mediterranean, Deputy Assistant Secretary of State for European and Eurasian Affairs Matthew Palmer said on Wednesday at a teleconference with Greek …
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May 15, 2020
Turkey-GR
State-owned oil company Turkish Petroleum (IPAO) has submitted an application to Tripoli-based government to start drilling in parts of the eastern Mediterranean outlined in the country’s contentious maritime borders agreement with Libya, Turkey ‘s Energy Minister Fatih Donmez has said. Donmez said Turkey would start exploring hydrocarbon resources both in …
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May 9, 2020
Economy
The Eurogroup approved on Friday cheap loans from the European Stability Mechanism for emergency pandemic crisis support without conditionality. According to the deal reached, Euro area member countries hit by the coronavirus pandemics have access to loans totaling 240 billion euros with zero interest and practically without conditions. The rescue …
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November 6, 2019
Politics, World
The United States and China are working to narrow their differences enough to sign a “phase one” trade deal as early as this month, but suggestions for a signing venue range from Alaska to Greece. U.S. President Donald Trump said he and Chinese President Xi Jinping could sign the agreement …
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March 14, 2019
Refugees
The European Union’s deal with Turkey to return “irregular” migrants has led to policies and practices in Greece that are short-sighted, ineffective and dangerous, 25 organizations including Oxfam said on Thursday, ahead of the deal’s third anniversary on Monday. In an open letter to European leaders, they said that as …
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February 15, 2019
Economy
The Greek government and representatives of the country’s four systemic banks have finally agreed on the issue of debtors and the protection of the ‘first residence’. After weeks of negotiations, the government and the banks agreed on the framework that will protect the first residence of defaulting borrowers. The criteria …
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September 14, 2018
Economy
To cut or not to cut? The upcoming austerity measure of pension cuts as of 1.1. 2019 became top on the agenda of political debate between the government, the opposition parties and the media on Friday. An exclusive report by Athens News Agency said that Greece’s creditors considered the “social …
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August 17, 2018
Economy
Greece has sent a shock warning to European Union bosses that they risk the economic and political stability of the bloc’s poorer countries while jousting with Britain over a possible no-deal Brexit. Athens said Brussels failing to deliver a Brexit deal would leave the country facing “increased financial and political …
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August 14, 2018
Greece, Politics
Talks between Germany and Greece on a deal for refugees returns are fairly advanced, said Chancellor Angela Merkel on Monday, highlighting that an agreement with Italy still has some time yet. “We are in the process of negotiations,” she said during a joint press conference she gave in Berlin with …
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July 20, 2018
Economy
German Chancellor Angela Merkel said that long period of primary surpluses was necessary fro Greece in order to reduce debt. She denied she had any deal with Prime Minister Alexis Tsipras to postpone Value Added Tax hikes in exchange for asylum seekers’ returns from Germany. At her annual summer press …
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July 3, 2018
Uncategorized
Chancellor Angela Merkel (CDU) and her rebellious interior minister from Bavarian CSU, Horst Seehofer, reached a compromise on migration at almost literally the eleventh hour Monday, averting a government crisis for the time being. Mr. Seehofer, who threatened to resign the previous day, will stay in office. The two agreed …
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July 3, 2018
Economy
The European Commission has stated that the Bulgarian and Greek transport ministers, Ivaylo Moskovski and Nikos Papas, and Tatjana Matić of the Ministry of Trade, Tourism and Telecommunications of Serbia, have signed an agreement at the Digital Assembly 2018 in Sofia to develop an experimental 5G cross-border corridor that will …
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June 23, 2018
Economy
Greece’s borrowing costs fell to four-week lows on Friday after the country was granted debt relief from the euro zone. Euro zone finance ministers on Friday extended maturities and deferred interest of a major part of their loans to Greece along with a big cash injection to ensure Athens can …
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