Dangerous purple jellyfish, smart octopuses, sharks gone wild in Greece’s seas. Recent media reports and social media posts on various maritime issues in Greece has forced the Institute of Marine Protection “Archipelagos” to issue a press release with the aim of putting things right and to prevent citizens from reading …
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61,000 Thomas Cook customers flown to UK in 4 days, says British CAA
The British Civil Aviation Authority said on Friday that the Operation Matterhorn has flown back to UK around 61,000 people. This over 40% of the total of 150,000 people who are due to complete their holiday by 6. October 2019,” the CAA said in a press release submitted to KTG. …
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Manager of famous Kolonaki cafe arrested for stealing electricity UPD
Police officers have arrested the manager of a prominent coffee bar visited mostly by local politicians and established journalists in Kolonaki districts of downtown Athens close to the Parliament. Together with members of the Greek Electricity Distributor Network Operator DEDHE, police officers reportedly went to the busy coffee bar short …
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UEFA bans Panathinaikos FC from European competition
Greek giants Panathinaikos have been banned from European competition for three years by UEFA for failing to pay their debts, European football’s governing body announced on Tuesday. The club were handed a suspended sentence in December and given until March 1 to settle their unpaid bills, but failed to do …
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League for Human Rights expresses “dismay” over the racists attacks on Lesvos”
The Hellenic League for Human Rights condemns the racist violent attacks against refugees and migrants on the island of Lesvos on Sunday. Expressing its particular concern, the HLHR said in a statement issued on Monday, the attacks ’cause dismay’, the ‘no arrests of perpetrators pose serious questions and requite further …
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Rare split on IMF’s board over Greece’s bailout and primary surpluses
The meeting of the board of directors of the International Monetary Fund on Monday showed two things. First: A stand-off with the European lenders over the terms and future of Greece’s bailout and consequently the participation of the Fund in the Greek program. Second: “a rare public split on the …
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Greece’s banks stress tests: ECB finds total capital shortfall is €14.4 billion
The European Central Bank announced today the results of stress tests for the four Greek systemic banks National Bank of Greece, Piraeus Bank, Alpha Bank and Eurobank. The ECB has found that the total capital shortfall of the four systemic banks is 14.4 billion euro which is much lower than …
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Greek FinMin: Lagarde to show “utmost flexibility”, Obama administration to play “honest broker”
Greek Finance Ministry felt the need to inform about the content of the talks Minister Yanis Varoufakis had with IMF’s managing director Christine Lagarde and officials of the US-Administration on Sunday and Monday in Washington. It is not common that the ministry issues a long press release on content of …
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Schaeuble rejects Greek request right away; GER FinMin press release
Some people have the naturally born talent to make friends. German Finance Minister Wolfgang Schaeuble is certainly not one of them. His reaction to the Greek request for loan agreement extension was quick, official and “brutal” as some people described it. Schaeuble ordered his spokesman Martin Jeager to make a …
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EPP calls on Tsipras to stick to Samaras’ commitments & triggers angry reactions by ND politicians
LOL That was wrong. And undermining. While Prime Minister Alexis Tsipras was negotiating a new deal for Greece with the European partners on Thusrday, former Prime Minister Antonis Samaras was attending the summit of the EPP, the European People’s Party , the group that unites all conservative parties in the …
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3 people injured after Greek Coast Guard fires warning shots at boat with illegal migrants
Three undocumented migrants are currently undergoing treatment in Skylitsio hospital on the island of Chios, after suffering injuries when Greek Coast Guard fired warning shots at a boat carrying illegal migrants to Greece. According to local media, the injured are a woman at her 20’s, a middle-aged man and a …
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Hourly labour cost: €3.7 for the poor €39 for the rich EU member states
Hourly labor cost in Greece decreased by -11.2% while in all other member counties of the EU and the eurozone, including bailout-hit Portugal and Ireland increased. This conclusion comes from the data collected and released by the Eurostat on April 10, 2013 for the years 2008-2012. Odd enough, hourly labor cost …
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Turkish FM: Greece’s claims to UN have no basis on international law
Two weeks before the Greek-Turkish high ranking meeting in Istanbul with the participation of the political leadership of the two neighbor countries, tension flamed over the continental shelf in the Aegean Sea. Just hours after Athens submitted a complaint to United Nations over Turkey’s exploration permits in areas of the …
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