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Tag Archives: reaction

Imia – General Staff: Turkish Navy violated Greece’s territorial waters

Two hours after the unprecedented Turkish provocation to send the Chief of General Staff to the disputed Imia islet, the Greek General Staff issued a statement describing the incident. On Sunday, January 29, 2017, one gunboat of the Turkish Navy and two boats transporting special forces approached about time 1100 …

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EUROSTAT: Greece’s Primary Surplus 0.7% of GDP in 2015

The much anticipated EUROSTAT data on EU’s government deficit and debt has been released. According to the data, Greece’s primary surplus for 2015 was 0.7% of the GDP. The Greek debt is 176.9% of the GDP and not 200% as it was claimed by several analysts last summer. In 2014, …

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IMF comments on WikiLeaks, Greece’s PM sends letter to Lagarde

The International Monetary Fund did not dismiss the WikiLeaks transcript of a conversation between IMF Europe Desk, Poul Thomsen and IMF’s Greek program responsible Delia Velculescu. Speaking to Washington correspondent of Greek state broadcast Lena Argiri, an IMF source said: IMF:we do not comment on leaks or supposed reports of …

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Greek FinMin statement on ECB decision (in English)

In a statement issue early hours of Thursday, the Greek Finance Ministry stressed that the Greek banking system is “adequately capitalized and fully protected through access to the Emergency Liquidity Assistance” and that the ECB puts pressure on the Eurogroup to proceed rapidly to a new agreement between Greece and …

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Ryanair – Athens Airport clash over decreases in fees and taxes

Low cost airline Ryanair promised to bring 10 million tourists to Greece within the next three years, should Athens airport “Eleftherios Venizelos” reduce taxes and fees. The intentions and promises were table on Tuesday by deputy CEO and director of Ryanair business operation manager Michael Cawley during a press conference. Ryanair asked …

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Volos: Arson attack at Bank of Cyprus with scent of Golden Dawn

Greek police arrested three young men in Volos for the arson attack at a Bank of Cyprus branch in Volos. The attack took place with molotov cocktails in the dawn of Thursday. The ATM was  destroyed. The men had managed to break a glass window and throw molotov cocktails inside the …

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Official Eurogroup Statement on Cyprus Vote

“Statement by the Eurogroup President on Cyprus I take note of the decision of the Cypriot parliame nt on the government’s proposal for a one-off stability levy. I confirm that the Eurogroup stands ready to assist Cyprus in its reform efforts and reiterate the position of the Eurogroup as I stated …

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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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