The pilot of the F-4 Phantom has died after the fighter jet crashed in the Ionian Sea in western Greece, the Hellenic Air Force (HAF) confirmed early Wednesday afternoon. According to a HAF statement, analysis of evidence from the crash site confirmed that Captain Efstathios Tsitlakidis, 31, died in the …
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Tsipras: “Gov’t course resembles a vertigo” – Snap elections scenarios
Leader of main opposition party SYRIZA-Progressive Alliance and former left-wing Prime Minister, Alexis Tsipras, said that the conservative government “is on a course that resembles a vertigo,” and that “it will not see the end of its four-year term, as early elections will have to be called due to the …
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Gov’t plans to allow travel between regions over Easter holidays
As the vaccination program proceeds and self-tests keep arriving in the country, the Greek government is considering to allow travel between regional units during the Easter holidays. Government ministers make the one or the other – yet – ‘vague’ statement on the issue, and leak to media the possible preconditions …
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Greece is mulling opening of ski resorts while lockdown restrictions remain
Greece’s Development and Investments Minister Adonis Georgiadis said on Wednesday that the opening of ski resorts could be considered amid the lockdown. Georgiadis said on Wednesday that had a teleconference with the managers of Greek ski resorts. He stressed that ski resorts work for a limited period each year, so …
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“Without restrictions we’d have 13,685 deaths,” says Tsiodras at last live briefing
“Without restriction measures, we would have 13,685 deaths,” spokesman of National Health Organization and Professor for Infectious Diseases, Sotiris Tsiodras, said on Tuesday evening, on the last live broadcast briefing on the course of the pandemic. He announced 10 new confirmed cases with eight of them being related to another …
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Turkey’s vessels south of Crete? “We’ll consider all scenarios,” warns Greek MoD
“If Turkey violates our sovereignty, we will consider all scenarios”, Greek Defense Minister Nikos Panagiotopoulos said on Friday. “We are not warmongers but we will react if deemed necessary,” he added. The threats come just hours after President Recep Erdogan said that Turkey will grant licenses for hydrocarbon exploration and …
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Mirage 2000: Pilot’s body retrieved. Most dominant crash cause scenario
The body of the 34-year-old Mirage pilot, Lieutenant Giorgos Baltadoros, was retrieved off the island of Skyros on Friday morning, more than twelve hours after the crash. The mayor of the island told state broadcaster ERT TV that the body was spotted around 9:30 by a fishing boat that was …
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UK elections: The most spectacular backfire for a Prime Minister
Thereza May called early elections asking a clear mandate for a hard Brexit. She was certain she was doing the right thing, public opinion polls were giving her the certainty. Then she messed up big. Elections results show that the gamble could not backfire more spectacular. Tories lose majority in …
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Schaeuble, IMF close to compromise that will delay decisions on Greece debt relief
German finance minister Wolfgang Schaeuble and the International Monetary Fund have reportedly found a solution to the Greek debt relief problem. The solution can be described in one single word: DELAY. According to German Handelsblatt, several unnamed sources said that Berlin and the IMF are very close to a solution …
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ESM: No debt relief if Greece achieves primary surplus of 3+% for 20 years
The Lord’s ways are known to be mysterious. But creditors’ ways are beyond any limit innovative. Especially when it comes to block any loan or any promised debt relief to indebted Greece. Despite the many projections and forecasts and prior actions, in the back of creditors’ head, which is Wolfgang …
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Survivor’s testimony confirms scenarios about the helicopter crash
Survivor Sergeant major Vassiliki Plexida described the conditions preceding the helicopter crash on Wednesday morning. Her testimony confirms the initial suggestions of the UH-1H crash that caused the death of four officers of the Greek Army. “We were flying low when we fell into fog. the visibility was extremely limited, …
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JP Morgan scenarios for second review, Greece’s participation in ECB’s QE
The decision reached by Eurozone finance ministers in Malta concerning Greece increases the chances of a solution for completing the second review of the Greek programme before May 22, according to a report by J. P. Morgan released on Monday. The U.S. banking and financial services giant said the decisions …
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Boris Johnson rushes to Athens after Kotzias accuses UK of “lobbying for Turkey”
The Brexit, Cyprus peace talks, Greek-Turkish relations and the bilateral relations will be on the agenda of Greek Foreign Minister Nikos Kotzias and his British counterpart Boris Johnson in Athens on Thursday, April 6, 2017. The visit comes after Kotzias accused the UK of lobbying for Turkey on the Cyprus …
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Eurogroup: Why Tsipras abandoned plan for EURO Summit?
Greek Prime Minister Alexis Tsipras said Wednesday evening he doesn’t think a Euro Summit will be necessary. A couple of hours earlier, he had said that he will call for an emergency EURO Summit before Easter should the talks on the second review of the current Greek program stall at …
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Reasons why teleconference between Greece and creditors was cancelled
The teleconference between Greece and creditors scheduled for Wednesday evening has been cancelled. The conference was to take place between Greek government representatives – Finance, Deputy Finance and Labor Ministers – and representatives from the institutions. According to government sources, the teleconference was cancelled because one of the representatives of …
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PIIGS no longer a threat for Eurozone, it’s time for the FIG
Heavily indebted Greece is one of the reasons the Eurozone could break up. The threat is 50 percent real despite the many crises both Greece and the Eurozone have already survived. However, Greece is not alone. France and Italy pose a threat for the Eurozone. The time of PIIGS is …
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Porsche car crash: Scenarios and speculations
As the traffic police is seeking the causes of the incredible accident on Sunday, several scenarios and speculations are circulating on Greek media and websites – not to mention the comments posted on social media. At the same time, the father of the family that was killed in the crash …
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Why is Germany bringing Tons of Gold back home?
Germany’s central bank is bringing home gold reserves stored in places like New York and Paris faster than planned. The schedule was set for 2020. The move has the world puzzling as confidence in the euro ebbs even in the heart of the currency bloc after a decade of a …
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UPD Imminent intervention? Greece, Italy & Malta close their airspace for aircraft departing from Libya
Weird things are happening in the Mediterranean Sea. Almost simultaneously three countries in the Mediterranean have closed their airspace and territories for aircraft departing from Libya. The exceptions are very few and could hind on the transport of military and evacuees. At the same time, three NATO exercises are taking …
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Another crucial Eurogroup: Schaeuble wants to block the release of bailout tranche?
Just a couple of hours before the crucial – another crucial – Eurogroup meeting on Greece and – as usual – scaremongering- and pressure scenarios mingle with reality. for example: While the Euro Working Group that prepares the Eurogroup meetings reportedly decided to propose to Eurogroup the disbursement of €10.3 …
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