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Tag Archives: plan

Greek Gov’t: 40K people to relocate from the islands in 2 months, 10K “returns” by 2020

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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PM Mitsotakis goes ahead with tax relief measures – Draft proposals

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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Bank of Greece’s plan to reduce non-performing loans by €40billion

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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Greece tops list of EU countries benefiting from Juncker’s investment Plan

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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Russian documentary blames CIA for assassination plan against PM Karamanlis (video ENG subtitles)

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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UPS Schaeuble wants to allow EZ South to tap ESM for investment

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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European Commission will set out plan to tackle air traffic control strikes

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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Locust plague takes hostage the island of Agios Efstratios now under ‘state of emergency’

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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Soldiers safely diffuse 250-kg WWII bomb, transfer it for controlled detonation (pictures)

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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Greece WWII Bomb: Phase I of neutralization concluded, 72,000 evacuated (pcts, video)

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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Greece evacuates 72,000 people after WWII bomb found under fuel station(picts, videos)

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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Ten riot police squads deployed to Idomeni refugee camp, evacuation to start on Tuesday

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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EU’s new plan to solve the “12-million long-term jobless” problem

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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