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Crete mayor freezes fines for illegal buildings

The Municipality of Iraklio on Crete has of its own accord put a freeze on the imposition of fines for illegal structures in the city. Iraklio Mayor Alexis Kalokairinos said the aim of the decision is to pressure the Environment Ministry to once again allow the legalization of buildings without …

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Greece’ top court freezes construction of two hotels for violating height limits

Greece’s top court, the Council of State, has ordered a freeze on the construction of two new hotels across the street from the National Archaeological Museum in downtown Athens. The decision follows a complaint lodged by the Elliniki Etairia Society for the Environment and Cultural Heritage and 23 individuals concerning …

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Banks in Greece to freeze mortgage rates for one year

Banks in Greece are reportedly set to freeze mortgage rates for one year and will bear the cost of containing interest on loans to the level it was at end-March. Banks are stopping any further rises in mortgage rates, freezing interest rates at a date reportedly set for March 31. …

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Greece freezes “adjustment clause” on electricity bills until July 2023

The “adjustment clause” on the electricity bills is frozen until summer 2023, according to an amendment tabled by the Environment & Energy Ministry late on Friday and in the context of a bill for the simplification of the licensing of energy providers. According to the amendment, the suspension of the …

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EU freezes sanctions on Turkish oil executives as ties improve

The European Union (EU) has frozen plans to blacklist more senior executives at Turkey’s state-owned Turkish Petroleum Corporation (TPAO), four diplomats said Thursday, in the clearest sign that a diplomatic offensive by Ankara this year is bearing fruit, Reuters reported in an exclusive story.. EU leaders in December had proposed …

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Finance ministry freezes payment of taxpayers’ debt until the end of 2021

Greece’s Finance Ministry announced late on Tuesday that was freezing until the end of the year all taxpayers’ debts worth around 1.0 billion euros which were suspended until April 30, 2021. According to an announcement the ministry doubles the number of installments in the repayment of these debts, to 48 …

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Greece may freeze ratification of “Cooperation Memorandum” with Azerbaijan

The Greek Parliament is considering to freeze the ratification of the “memorandum of cooperation” with Azerbaijan due to the war in Nagorno-Karabakh, According the Greek media, the “memorandum of cooperation” was  to be submitted to the relevant Committee on Tuesday. The Memorandum of Understanding between Greece and Azerbaijan aiming to …

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Migration Minister “freezes” properties requisition on Aegean islands

Migration Minister Notis Mitarakis announced on Monday that requisition of properties and land plots for the new detention centers on the five Aegean islands will be delayed until Friday. Aim of the ‘freezing’ is to start dialogue with the local communities that have strongly reacted to the measure. “We are …

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PM’s office tells Defense Ministry “dialogue on Confidence Building Measures with Turkey” continues as planned

Typical Greece. The right hand does not know what the left one does. Two whole hours after the news of the dialogue freezing was circulating in all media, the office of the Prime Minister dismissed the reports saying that talks on “Confidence Building Measures” will continued as planned. Sources of …

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Tax Authorities freeze wealth of powerful Greek businessman in media & shipping

Greece’ financial crimes prosecutor ordered the freezing of moveable and immovable wealth of powerful businessman Giannis Alafouzos on Wednesday. The order for the freezing has been sent by the same prosecutor to the banks. Cause of the measure apparently in the context of  “tax control” are the difficulties to justify …

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EC to freeze funds to Greece “due to alleged cartel of major constructor companies”

The European Commission will freeze all payments of  the European Regional Development Fund/Cohesion fund to Greece for the 2014-2020 programs, due to activities of an alleged cartel of major construction companies and large foreign companies present in Greece. These companies have been involved in public works for over 27 years …

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Prosecutors freeze bank accounts of famous Greek businessman

Chief financial prosecutor Panayiotis Athanasiou on Thursday ordered local lenders to freeze the bank accounts of businessman Andreas Vgenopoulos in connection to a probe regarding allegations of tax evasion. The order also called for Vgenopoulos to lose access to his safe deposit boxes. The move was part of a preliminary …

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Greece’s Privatizations “Freeze” Until June-17 Elections and New Government

Greece will freeze privatizations until June-17 elections and a new government is being formed. This decision was taken by the board of  the State Private Property Fund  (TAIPD) on May 15, 2012. “We refrain from taking decisions that are binding for the future until the forming of the new government that …

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