International

'But let’s be clear: there will be no more ‘memoranda’ and, provided responsible fiscal policies are pursued in the future, there will be no more need for austerity,” the European Commissioner underlined.

It should be noted that there are six protected witnesses in the case, all Greek former Novartis employees. Three of them have entered a witness protection programme in the US,

The machinations and procedures followed do not persuade one that the objective is a cleansing and attribution of responsibility to those who are truly guilty, but rather the creation and maintenance of a polarised political cimate, with an eye to the next general elections.

If the medium-term debt relief measures are finalised, it is hoped that it should lead to an upgrade of the Greek economy’ credit rating, concomitant lower interest rates, and an improved economic climate, all of which should have a positive impact on the stock market.

“In my estimation, the three witnesses who testified before Greek authorities are among those named by the other three witnesses in the US, who testified about employees who were on the take,” Sarakis said.

The case against politicians is expected to be handled by a parliamentary committee which will conduct a preliminary criminal probe.

“If there is one thing that our fatherland needs from all of us today, it is a contemporary, decisive and relentless patriotism,' the PM said in a speech in Patras.

Based on three covert accounts, two former prime ministers and eight former ministers are being targeted, without specific proof, and with the only evidence being from these three protected witnesses, who saw, heard, and accused.

The announcement was hailed by the Greek foreign ministry, which described the move as a significant step towards eradicating Skopje’s longstanding irredentism.

“The Government should support measures to help Macedonia join NATO, with or without a solution to the name issue,” the report states.

In the case of one of the eight former ministers, who deny any involvement in the matter, investigators appear to have pinpointed 'a favourable decision of his' that benefited the company.

'I am very confident that after having agreed to sit together and engage with each other with open hearts and minds, we can not only solve every misunderstanding or misconception from the past, but also find the best solutions for our common future.'

'Mr. Marinakis has proven his mettle at Olympiacos FC, and I believe we shall see something analogous at Forest,' Warburton said.

'The scandal with drugs is huge, because during a period of economic crisis, there were pharmaceutical companies operating in an illegal manner and with overpricing,' Kontonis said.

The Kappa Research survey shows 64 percent of protesters trust the army very much or substantially, and 55 percent expressed trust in the Church. An amazing 85 percent of respondents were negative about the institution of parliament, and 93 percent rated political parties negatively.

We have bitter experience with intransigent positions and tactics that emerged when our leaders subjugated themselves to the demands of an explosively charged public opinion.

Τhe head of the anti-corruption prosecutor’s office, Eleni Touloupaki, reportedly found indications of payoffs and breach of trust by ten politicians, including former ministers of health, and of economy and development, who had served between 2006 and 2015.

The finance minister said Syriza plans to run in the next general elections on a platform consisting of its own development plan, which will focus on stimulating employment and reducing certain taxes, especially for businesses but also for the middle class.

The government has announced its decision to proceed with a seven-year bond issue. The first foray into the markets this year, the seven-year issue is seen as an important first test of the waters, ahead of completion of the harsh fiscal adjustment programme. According to the announcement, the consortium of underwriters includes Barclays, BNB Paribas, […]

The PM believes that a FYROM settlement, combined with the return to the markets for borrowing, will have a multiplier effect in increasing Greece’s international credibility.