In a bold move that was long in coming, Prime Minister Alexis Tsipras announced a bill that will set limits to the jurisdiction of Islamic Sharia law in the province of Western Thrace. Greece is the only non-Muslim country in the world in which Sharia law is applied in a region of the country. Its […]
A decision by Finance Minister Euclid Tsakalotos to proceed with a new easing of capital controls was published in the Government Gazette yesterday and is now in effect.
For the European Union as well as for the domestic political system, Greece during the crisis was a guinea pig which was saddled with exercises unprecedented for a supposedly European country.
The primary surplus between January-October was 5.35 billion euros, compared to a primary surplus of 4.86 billion for the same period in 2016, and a target of 5.24 billion for the primary surplus.
The UN’s special representative for the Former Yugoslav Republic of Macedonia (FYROM) name dispute, Matthew Nimetz, is expected to hold a fresh round of talks with Greek Ambassador Adamantios Vasilakis and FYROM Ambassador Vasko Naoumovski on November 20 and 21, respectively. Such preparatory talks have always preceded a new round of negotiations between the two […]
A battle royal is raging between Athens and Prague regarding whether products produced in the Czech Republic can be sold with the label Greek yogurt.
Pasok leader Fofo Gennimata and former Pasok secretary Nikos Androulakis, who will face off in a run-off for the leadership of a new centre-left party, are expected to cross swords in a nationally televised debate on Thursday.
In a sudden nationally televised address, Prime Minister Alexis Tsipras detailed his government’s plan to offer 1.4 billion euros in social welfare handouts to about 1.4 million low income taxpayers.
The impressive citizen turnout to elect the leader of the new, emerging centre-left party is a resounding message in many directions.
As pledged, the government is finalising its scheme to hand out a “social dividend”, or one-off welfare stipend for poorer taxpayers and a segment of the middle class, and it is awaiting the approval of the details of the plan by Greece’s creditors, who have accepted the move in principle. The hand-outs are being funded […]
The IMF in a report on the European economy projects that the Greek economy will have a growth rate of 1.8 percent for 2017, 2.6 percent for 2018, and 1.9 percent for 2019. This is despite the fact that the European Commission last week revised its projections downward to 1.6 percent for this year. The […]
The finance ministry finds itself in an impasse regarding plans for an overhaul of the tax valuations of real estate nationwide.
Pasok leader Fofi Gennimata was the big winner in yesterday’s election to pick the leader of a new centre-left alliance party, clinching 42.50 percent of the vote, with runner-up Nikos Androulakis, a former party secretary, winning 25.14 percent of the vote
A strategy of tension appears to be dominant now in the government camp. This is confirmed daily by the sharper rhetorical tones, the aggressiveness of speech, the unfounded and groundless charges against newspapers, journalists, and businessmen, the burgeoning efforts to malign individuals, and character assassinations, as the official propagandists of the ruling party would say. […]
The Ambassador of the Netherlands to Athens outlines an effort by Orange Grove to help young Greek entrepreneurs with start-up companies.
The story that preoccupied Greek football for years and took on political, media, and business dimensions has reached its final phase, with the ruling of the Supreme Appellate Judicial Council, which was officially announced on Wednesday. This ruling acquits all of the accused from the extremely heavy charge involving the existence of a “criminal organisation”, […]
ND spokesperson Maria Spyraki, shadow defence minister Vasilis Kikilias, and shadow justice minister Nikos Papadopoulos, gave a news conference today in which they alleged that Prime Minister Alexis Tsipras is covering up a defense ministry scandal involving the abortive sale of munitions to Saudi Arabia.
Central Bank Governor Yannis Stournaras urged Greek banks to intensify their efforts to implement a three-pronged plan: dealing with bad loans, expediting the sale of loan portfolios, and selling off assets.
Negotiations between Athens and the European Commission over the sale of Greek lignite plants will be extended for another week in order to finalise the “basket” of lignite plans to be sold off, Environment and Energy Minister Yorgos Stathakis said on the sidelines of a Greek Arab conference yesterday. Visiting European Commission Vice President and […]
The ambassadors to Athens of the United States and Britain, as well as the US State Department and the Turkish foreign ministry have lambasted the decision by the Greek justice system to grant a two-day furlough to the top gun of N17 terrorist organisation, Dimitris Koufodinas.