Tag Archives: plan

The Greek government has drafted an ambitious plan in order to deal with the migration crisis and decongest the overcrowded hot spots on the islands of the East Aegean Sea.. The cabinet held a four-hour meeting on Mondayin the shadow of the tragic incidents in the camp of Moria. At …

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Prime Minister, Kyriakos Mitsotakis, is set to fulfill one of his pre-election promises, may the most important one that helped him also emerge as the winner of the elections last Sunday: tax relief measures. The plan is top priority for the new Greek government. A draft has been apparently already …

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The Bank of Greece is reportedly drafting a plan to reduce non-performing loans of Greek systemic banks by 40 billion euros. The plan will be included in a Financial Stability report to be released by the end of the week, reports Athens news agency amna on Tuesday citing sources. The …

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Sixteen leaders out of the EU 28 rushed to Brussels on Sunday afternoon, following an invitation by the European Commission spoken on behalf of German Chancellor Angela Merkel. Aim of the emergency mini summit that turned into a medium size summit was to seek ways for common solution on Migration. …

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The Greek government’s master plan to restore growth, after it emerges from eight years under harsh bailout conditions this August, revolves around a key factor that could jump start its economy: its banks. Prime Minister Alexis Tsipras will present to his cabinet on Monday at 1 p.m. in Athens the …

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Greece is at the top of the list of European countries benefiting from the Juncker plan that targets growth, based on the country’s annual economic output, according to a tweet from the European Commission on Friday morning. The #JunckerPlan is now set to trigger €283.7 billion in investments, representing 90% …

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“The markets anticipate a successful exit from the bailout agreements as virtually certain and our development plans aim at a comprehensive plan that will be credible for the markets and Greek society,” Finance Minister Euclid Tsakalotos said on Tuesday in an interview with ‘Efimerida Ton Syntakton‘ newspaper. He explained that the …

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Greek former finance minister and anti-austerity maverick Yanis Varoufakis on Monday launched a new party. This is part of a movement in several European countries to contest EU elections next year. Pledging to “bring realistic hope” to Greece, Varoufakis said the grassroots pro-European movement is composed of “people of the …

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A Russian documentary claims that the CIA had plotted to assassinate Greece’s conservative former Prime Minister Costas Karamanlis in 2009 over opening relations to Russia as well as geo-political and energy plans in the area. The documentary was broadcast on main Russian TV news show Vesti a week ago. According …

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German finance minister Wolfgang Schaeuble was always against a common European debt, against Eurobonds and new support programs for the European South. He seems to have made a U-turn. As expected not without strict measures and concessions. According to German daily BILD, Schaeuble is working on a proposal that would …

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The European commission is expected to act to reduce the impact of air traffic control strikes, which have disrupted thousands of flights in recent years, with British holidaymakers often badly affected.  Airlines are expecting Brussels to call on member states this week to protect international flights passing over its airspace …

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Millions of locust have invaded the island of Agios Efstratios – Ai Stratis- in the North Aegean Sea in recent days. They destroy grassland essential for the sheep and goat farming and cause major disturbance to the lives of residents and tourists. The mayor has declared the ‘state of emergency’ …

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Greek soldiers safely defused a 250-kilo bomb from the World War II found under a petrol station in Thessaloniki. Prior to the bomb neutralization operation, more than 72,000 people, including refugees and migrants form a hot spot nearby, were evacuated. “End good, all good!” Sunday afternoon, Regional Governor Apostolos Tzitzikostas …

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Thousands of Greeks evacuated their homes on Sunday morning to allow army experts defuse a World War II bomb found under a petrol station in Kordelio suburb of Thessaloniki, in Northern Greece. Refugees and migrants in the hot spot Softex, an abandoned factory, were also evacuated. In the biggest evacuation …

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The biggest evacuation of civilians in peacetime is underway in the city of Thessaloniki, northern Greece, after authorities discovered  a 250-kilo unexploded bomb from the Second World War. More than 72,000 people are expected to leave the suburb of Kordelio and surrounding area and return to their homes after army …

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Our Wicked Witch of the West, the malevolent ruler of the Euro Wonderland. Finance Minister Wοflgang Schaeuble who believes that a positive word slipping for his lips would bring his fragile world into collapse. But today, the believable and the unexpected happened: he forgot to say one of his favorite …

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Ten riot police squads left Athens this morning and are expected to take position at the refugees camp of Idomeni that will be evacuated from the 8.500 men, women and children living there since last February. Other police forces from Northern Greece will be deployed in the area for “as …

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Good news.  The European Union finally decided to take action, before the long-term jobless reach the age of having to apply for retirement than for a job. Even though in real life, anyone over 35 is not exactly a catch for head-hunters and employers. After the EU commissioners, officials and …

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What if the Brussels Agreement was adopted by the Greek government and the Parliament. The fear-mongering against the Greeks continue. After the creditors tried everything in this direction, after we critical observers thought we had seen everything… surprise! Another card was pulled out: tanks in the streets of Athens. An …

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It was a shock late last night when some of creditors austerity demands were leaked to the press. They were included in a 5-page draft plan European Commission President Jean-Claude Juncker had handed out to Prime Minister Alexis Tsipras during their emergency meeting in Brussels in an effort to strike …

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