December 29, 2022
FEATURED, Greece, Politics, Turkey-GR
Turkish Foreign Minister Mevlut Cavusoglu directly threatened Greece with war if it proceeds with the extension of its territorial waters south and west of the island of Crete. Prompt was the reaction of Greece with ruling New Democracy MEPs to urge the European Commission to take measures against Turkey’s aggressiveness. …
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May 16, 2022
Economy
The European Commission has revised its forecasts for the Greek economy downwards, envisaging a GDP growth of 3.5% in 2022 and 3.1% in 2023, from 4.9% and 3.5% respectively in its winter forecasts made in last February. On Monday, the Commission released its spring 2022 report on economic growth in …
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April 14, 2022
Economy
The Russian invasion of Ukraine will weigh on Greece’s growth rate, have a major impact on inflation, shrink disposable incomes and render the country’s 2022 tourism prospects less rosy, according to a new report by Moody’s Analytics. Deputy Director Michael Grammatikopoulos notes that the military conflict has led Moody’s to …
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March 30, 2022
Economy, FEATURED
Greek households store food due to the war in Ukraine, a market survey has found. Turnover in value of food retail increased by 5.1% in the first week of March. According to NielsenIQ data, in the first week of March, many food categories, such as pasta, showed a very large …
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March 9, 2022
FEATURED, Greece, Politics
Majority of Greeks are against the sending military equipment to Ukraine thinking this will place Greece in a difficult position and will also deteriorate relations with Russia, two public opinion polls have found. At the same time, they side with Ukraine rather than with Russia, a country with which Greece …
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March 7, 2022
Economy, FEATURED
Since the beginning of the war, the Athens Stock Exchange has recorded losses of 13.43 percent since the beginning of the war in Ukraine. The market’s capitalization has fallen by 9.345 billion euros. The Large Cap index has fallen by 15.0% and the Mid Cap index by 8.6%. The heaviest …
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June 2, 2021
FEATURED, Greece, Politics
Citizen Protection Minister Michalis Chrysochoidis said on Tuesday that he is declaring war to organized crime after a series of shootings on open street and in the middle of the day, where two people were gunned down. At a meeting with Hellenic Police officials discussion were focused on improving the …
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September 30, 2020
Politics, World
German Chancellor Angela Merkel praised Turkey for doing “remarkable work in hosting refugees” and criticized Greece for its treatment of refugees. In her speech in Germany ahead of the EU Summit, Merkel also hinted that Greece and Turkey came close to war two months ago, implying that the tension was …
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June 5, 2019
Greece
The German government shows not a single sign of willingness to negotiate with Greece over the claimed reparations from WWI and WWII. A day after Athens officially called on Berlin to join the negotiations table, the response came from the German Foreign Ministry. The issue was “legally and politically settled,” …
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June 4, 2019
Greece
Athens has officially called on Berlin to come to the negotiations table with regards to the German WWII reparations including the enforced loan during the occupation by the Nazis April 1941- October 1944. And not only. According to the Greek Foreign Ministry, Athens has claims also from the WWI. It …
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May 31, 2018
Uncategorized
A bad day for world trade: US moves forward with imposing tariffs on steel and aluminium, without exception for Canada, Mexico and the European block. The new measures 25% percent on steel and 10% on aluminium go into effect on 1. June 2018, US time. The European Union threatens with …
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January 29, 2018
Greece, Politics
“If we don’t want Skopje to be called Macedonia, then we have to go for war. There is no other way to impose our position,” SYRIZA MP Giorgos Dzimanis from Kastoria said on Sunday. If the term “Macedonia” is in the name of FYROM this can conditionally be favorable to …
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December 21, 2017
Economy
The Greek government and the Prime Minister started a war against the Governor of the Bank of Greece, Yannis Stournaras, and officially described him as “a failed finance minister”. The war broke out just hours after a BoG Interim Report on the Monetary Policy 2017 suggested a “Memorandum Light” for …
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September 20, 2016
Politics
The other day, I returned home from the beach. It was quite late, short before 8 o’ clock in the evening. I switched the television on for the prime time news of one of private channels, the volume rather high and headed for a shower. Eight o’ clock sharp, the …
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February 11, 2016
Economy
The plan of Greek government to ask TV owners to pay to licenses and also limit the number of private television channels broadcasting nationwide down to four has triggered a war – one of the usual Greek wars where everyone is against everyone with political parties ready to fall in …
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January 23, 2013
Society
Greek government sent an ultimatum to striking Metro workers threatening them with lay-offs and ‘enforced mobilization’ or requisition. On Tuesday, government spokesman Simos Kedikoglou gave Metro workers time to resume work by next Thursday and end their strikes that prohibit the operation of Athens metro for the seventh consecutive day. “The leaders of this unacceptable …
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January 22, 2013
Politics
A new round of angry dispute broke out between main opposition party SYRIZA and the Minister for Citizen Protection and Public Order, Nikos Dendias (Nea Dimocratia), when the latter brought up new allegations linking the left-wing party with phenomena of a smooth form of terrorism. During a meeting of the parliamentary committee …
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September 3, 2012
Economy, Politics
Greek Finance Ministry tries to estimate the amount Germany should pay to Greece as reparations for damages, atrocities and enforced loans during the World War II, alternate Finance Minister Christos Staikouras briefed the Parliament. According to estimations of the team in charge of the case, the amount for reparations reaches almost …
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