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Tag Archives: risks

Measures in Santorini and Therasia to limit landslides risk

A joint ministerial decision issued on Sunday implements controlled access measures for residents and visitors in parts of  the iconic islands of Santorini and Therasia in the Aegean Sea to limit the risks of landslides. A landslide struck the volcanic island of Therasia on April 28 highlighting the need to …

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Regulatory authority chief assures of no power cut risks

Greece will not be left without electricity, assures, not a politician, but the man with the clearest view of the market, i.e. the head of the Regulatory Authority for Energy (RAE), associate professor Athanasios Dagoumas. He does admit, however, that households and businesses are looking at a difficult winter ahead. …

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University study warns of early lifting of lockdown, suggests exit in August

An academic study warns of the danger of a new pandemic wave in Greece, even in August, should the lockdown measures be lifted early and without the necessary precautions of safety distances, gradual increase of the contacts among the citizens and the epidemiological surveillance of the population. The study by …

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IMF chief economist Blanchard warned in May 2010 Greece program was not going to work

A report by Olivier Blanchard, a former economic at the International Monetary Fund, has been presented at a meeting organized by the Canadian think tank Centre for International Governance Innovation end of January. In this report,  dated 4. May 2010, then chief economist at the IMF, Olivier Blanchard was warning …

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Cape Ray: Neutralization of Syria’s Chemicals started off Crete

U.S. container ship Cape Ray began the neutralization of  Syria’s chemical weapon on Monday, the Pentagon confirmed. US military and civilian specialist form the Edgewood Chemical & Biological Center are processing about 600 metric tonnes of HD sulfur mustard gas and DF, a precursor for nerve gas sarin. The chemicals …

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Bloomberg poll: investors more optimistic on Greece, however risks not averted

Despite the ongoing structural reforms, the praises from Troika officials and the surpluses, foreign investors do not seem convinced that Greece has averted the risk of default. That’s the result of a global poll conducted by Bloomberg: “The risk of default is on the slide with about three-quarters saying Spain …

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Greek FinMin considers imposing compulsory property insurance

Greek finance ministry considers to make property insurance against earthquake and floods obligatory. According to daily Kathimerini, the compulsory insurance of property against big natural disasters like earthquake and flood is being considered by the finance ministry as an attempt to forestall the possibility of a widespread economic damage from an …

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