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Tag Archives: withdrawal

TotalEnergies announces withdrawal from two hydrocarbon blocks near Crete

TotalEnergies on Thursday announced its decision to withdraw from two hydrocarbon exploration blocks near Crete – Western Crete and Southwest Crete – after the completion of surveys in those areas It said that it has informed the authorities and its partners of its decision. According to the announcement, TotalEnergies remains …

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Leader of KINAL, Fofi Gennimata, withdraws from leadership race due to health reasons

Fofi Gennimata, the leader of socialist opposition party Movement for Change (KINAL/PASOK) announced on Tuesday afternoon that she will not run in upcoming party elections for leadership due to health reasons.  Gennimata announced her withdrawal from the leadership race on a tweet in which she wrote: “The deterioration of my …

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Slovakia withdraws from Turkish drill due to occupied north Cyprus participation

Slovakia withdrew its participation from the Turkish military exercise “Anadolu Ankasi 2021” on Thursday, after a Greek demarche due to the participation of  Turkish-occupied northern Cyprus in the drill. According to a Greek Foreign Ministry statement, the participation [of the Turkish-occupied north Cyprus] was conveyed by Slovak Foreign Minister Ivan …

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Greek contender for OECD chair Diamantopoulou withdraws candidacy

Former EU Commissioner and PASOK minister Anna Diamantopoulou announced on Monday she was withdrawing her candidacy in the race to become the next head of the Organization for Economic Co-operation and Development (OECD). Diamantopoulou was one of three candidates left in the race. She posted on her Twitter account: I …

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Greece conveys NATO Council over Oruc Reis, talks with Turkey postponed

Talks between Greek and Turkish officials at the headquarters of NATO on how to avoid military escalation in the eastern Mediterranean have been postponed by two days to Sept. 10, Turkish Defense Ministry sources said on Tuesday without explaining the reason. However, the postponement came after Greece requested the NATO …

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Greece lifts cash withdrawal cap after 3.5 years of Capital Controls

After three years and three months, Greece lifted the cap on cash withdrawals on 1. October 2018. It herewith completes the so-called “second pillar” of Capital Controls imposed in the country on end June 2015. The Finance Ministry has issued the relevant decision on Thursday, Sept 27th 2018, the decision …

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Greece loosens capital controls with spectacular up to €5,000 per month

Greece’s Finance Ministry has reportedly already prepared a new legislation that will further loosen capital controls and spectacularly raise the monthly cap of cash withdrawals for natural persons.  The new measure will allow bank account holders to withdraw up to 5,000 euros per month. Since 1. March 2018, the withdrawal …

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Capital controls: Greece considers to raise withdrawal cap, measures for businesses

Greece is considering further easing of capital controls with the increase of  the cap for cash withdrawing and limiting restrictions to businesses.  The new measures could be implemented as soon as 1. June, that is on the third year the restrictions were imposed. According to media reports, the new measures …

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Greece eases Capital Controls restrictions as of Mar 1st – All the changes

Greece has taken further steps to ease the capital control restrictions as of 1. March 2018. Euclid Tsakalotos has approved a series of measures that ease the restrictions, the decision has been already published in the official gazette. The measures raise among others the monthly withdrawal limit and allow the …

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Greece’s Drug Organization orders withdrawal of Lactalis baby formula amid global salmonella fears

Baby formula is being pulled from shelves around the world after French authorities ordered a leading dairy company to stop selling hundreds of products because of concerns about food safety. Greece’s National Drug Organization ordered the temporary withdrawal of Lactalis “Frezylac” Monday noon. French firm Lactalis is recalling formula destined …

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Erdogan: Turkey’s troops in Cyprus “forever”

Turkish President Tayyip Erdogan said on Friday the Greek side was once again avoiding a solution to the Cyprus problem, warning that a solution without Turkey should not be expected. “We have told Cyprus and Greece clearly that they should not expect a solution without Turkey as guarantor. We are …

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FM Kotzias: Roadmap for withdrawal of Turkey’s troops from Cyprus

The conference on the Cyprus issue ended late on Thursday in Geneva. The talks will continue at a technical staff level on January 18 on the issue of securities. Greek Foreign Minister Nikos Kotzias once again stressed the need for the withdrawal of the Turkish occupation troops with a continuous …

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Church of Greece requests the withdrawal of shoes

I would never thought that the Holy Synod of the Church of Greece would care about …shoes. But this is exactly what happened! Because a shoe-manufacturer brought to the market shoes bearing the symbol of the Holy Cross on their soles. In a statement the Holy Synod of the Church …

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