International

Federation president Yannis Retsos said that for yet another year tourism is playing the leading role in efforts aiming at the recovery of the Greek economy.

The European Commission has opined that the Public Power Corporation’s (PPC) lignite plants in Megalopolis and Florina are the most competitive electricity production units in the Greek wholesale electric energy market.

The move is seen as a good will gesture by Zaev in the context of the FYROM naming negotiations, as the festering issue had been a source of contention in the Orthodox world for a half century.

With negotiations on the FYROM naming issue having entered the last stretch, the prime minister’s office called on New Democracy leader Kyriakos Mitsotakis to exhibit “seriousness” in approaching the issue.

The country’s two largest umbrella unions, the civil service’s ADEDY and the private sector’s GSEE, staged a general strike today to protest protracted austerity,

Mitsotakis said the government’s taxation and insurance policies have been catastrophic for the country, and create new fiscal timebombs, as Greeks owe 102bn euros in taxes, 31bn euros in insurance contributions, and 100bn euros to banks.

For the 10th straight month, term deposits rose in April, and increased by over three billion euros in the 10-month period

Tsipras said that his government is finishing up the third and last bailout, having implemented a drastic reform programme that affected the entire economic system, and which restored Greece’s credibility and image internationally.

Political uncertainty, and mainly the lack of any realistic political way out, is not only causing turbulence in Italy, but it is also shaking up all of Europe. By all accounts, not only will the populist and anti-European current represented by the Northern League and the Five Star Movement not recede, but rather it will […]

To Potami leader Stavros Theodorakis has said that any agreement between Athens and Skopje on FYROM’s naming and related issues should be guaranteed by the European Union and bear the “stamp”of Nato.

The talks come one day after Kotzias expressed optimism about reaching a FYROM naming settlement, and straight on the heels of a German foreign ministry statement urging both sides to seize an historic opportunity.

The government’s commitments will be included in a new, medium-term programme (2019-2022), which will be tabled in parliament on 15 June, along with an omnibus law legislating all remaining conditions for exiting the bailout programme.

Mr. Tsipras says he will move forward with the poorer classes, which he basically feels he represents, and he will attempt to satisfy them through Finance Minister Euclid Tsakalotos’ policies of active demand.

Just the experiences of European countries that confronted crises similar to that of Greece suffice to allow one to look to the future with optimism. The cases of Ireland, Portugal, and Cyprus constitute bright examples.

“We never had a better opportunity in the last 25 years, nor will we have a better opportunity in the coming period,” Zaev said.

Boutaris said that the four individuals who were tried and convicted are simply the small fry, and that authorities will pursue the organisers that masterminded the attack.

'The aim of my father, from what he told me, was to create a research and development department, to conduct clinical studies on various new drugs that would enter production through large companies,' the 36-year-old testified.

Eurogroup president Mario Centeno praised Athens performance in completing a technical agreement with lenders and urged swift implementation of pending reform requirements after yesterday’s meeting of the eurozone finance ministers.

The anti-authority group Rouvikonas’ direct threat against main opposition leader Kyriakos Mitsotakis constitutes a provocative and dangerous threat to democracy, and has triggered a political and broader backlash.

No definitive decisions on the Greek debt will be taken today, as that issue will be part of a comprehensive package agreement, to be decided at the 21 June Eurogroup, in Luxembourg.