BRIDGE 2: Possibility for “haircuts” to loans for interest and capital
It is possible to write off a debt, reduce interest rates, maintain a pre-agreed installment and extend the repayment period
It is possible to write off a debt, reduce interest rates, maintain a pre-agreed installment and extend the repayment period
The joint meeting of the Committees will be held in the presence of the Prime Minister Kyriakos Mitsotakis and the leaders of the opposition
John Holland-Kaye said if the UK government does not include France, Spain and Greece on the specific list, the result could be half a million lost jobs in the country’s travel and tour sector
The Covid-19 pandemic mostly quashed whatever progress in achieving several crucial privatizations
QualShip-21 began in 2001 as an evaluation system and incentive program for foreign-flagged vessels plying US waters and docking in American ports.
Sunlight is active in the renewable energy sources sector, and recently opened a subsidiary, Sunlight Batteries USA in North Carolina
There have been extreme voices demanding legalisation of gun possession or the re-establishment of the death penalty. In a democracy, all views must be heard and when they are wrong they must be rebutted.
Fortunately, this time the disbursal and use of EU funds will be governed by certain principles and rules that will earmark monies for the green and digital transformations.
The statistics concerning the age of the coastal shipping ships presented by the Piraeus Chamber of Commerce and Industry (PCCI) raise an urgent issue of renewal
German network RND lauded Greece presenting the positive prospects for the course of the Greek economy using the Recovery Fund as a vehicle
“There will be a targeted support plan for tourism,” Finance Minister Christos Staikouras
Google president for Europe, Middle East and Africa talks about pandemic upheavals
Annual Pollution budget and specific obligations per ministry. More ambitious goals for CO2 reduction, RES and energy efficiency in 2030, 2040, and 2050
Greece officially opened the all-important 2021 summer holiday season on Friday, with tourists from a variety of countries allowed to vacation with a recent negative Covid-19 test to show, or with a vaccination certificate
As expected, the port of Piraeus, the biggest and business port facility in Greece and one of the most important in the Mediterranean, has the “lion’s share” of cruise ship activity in the island-dotted nation.
The previous (1997-2007) decade before the real estate “bubble” burst witnessed a 170.4-percent cumulative increase in the prices of residences
Internet use has reached 96% of Greeks 13-74 years old, while this was seen in almost 90% of 55-64 year olds
The “Introduce yourself” application enables citizens to automatically update their details with banking institutions through the state registries
Greece is no longer the black sheep of Europe, as in the previous decade of the Memoranda. Also, the political risk of the period 2015-2019 has disappeared. Of course, the deep, structural problems in the country’s economy have not been eliminated.
According to reports, a meeting with the management of Hellenic Petroleum (Hel.Pe) focused on resuming operation of a fuel pipeline that connects the Greek petrochemical group’s refinery in Thessaloniki with Skopje.
The training will be conducted online – via the Cisco Networking Academy – and is part of a MoC signed between Greece’s unemployment and vocational training agency with Cisco Systems
Aside from the EU [including Germany, which has always maintained a particularly friendly stance toward Turkey], Turkey's two-state proposal has been openly rejected by the US and Russia.
Bourla also said Pfizer’s goal for the year is an incredible three billion vaccine doses and four billion in 2022 – nearly half of the necessary doses for the entire planet’s population
He also noted that Greece posted significant progress in 2019, with the subsequent pandemic devastating all European countries, an unprecedented economic crisis, as he said, but quite different from the one that plagued the EU the previous decade
Nikos Papathanasis estimates that the 32 billion euros fromthe Recovery Fund will leverage another 30 billion from the private sector
During the meeting of the Prime Minister Kyriakos Mitsotakis with the Vice President of the European Commission in charge of Competition and Digital Policy, Margaret Vestager, discussions were held on the major infrastructure projects of the country.
It is worth noting that last April, the sales of new cars had dropped by 80.6% due to the coronavirus pandemic.
The General Secretary of the Hellenic Tourism Organization, Dimitris Fraggakis, discussed the challenges and prospects facing Greek tourism
Tourist traffic is expected to pick up from the end of June-beginning of July
The German press on the measures of Berlin, which unlock the holidays in Greece, the violence in Israel and the dependence of the western Balkans on Beijing.
Hugo Velez, CEO of HipoGES, believes that Greece has been slow to organize the three major debt managers who are called upon to restructure the debt situation of the banks
The government’s overarching objective is to improve the relationship between the army and those who are called to service by utilising their skills and offering more mutual benefits.
The creation of the Ecological Park is part of the Public Investment Program
“It all depends on whether the effort for economic reforms continues unabated”
The plans of the cruise company that has given a vote of confidence for Greek tourism, will be presented together with two of its ships, the newly built cruise ship Silver Moon, and Silver Explorer, in an official event on Saturday afternoon.
The proposal was submitted by a group of companies that comprise the biggest energy providers and producers in Greece, from the private, public and joint public-private sectors.
The report on religious freedom details Ankara’s violations of the religious freedom of the Ecumenical Patriarchate including the decades-long closure of the Halki seminary.
Both men spoke at a panel discussion organized at the 6th Delphi Economic Forum
Some 1,000 passengers arrived at Irakleio’s (Heraklion) airport on Thursday to board the cruise ship, which will disembark on Friday.
The Director of the Special Service of the Recovery Fund spoke about the transparency that will govern the investment programs of the Recovery Fund, saying that the banks will have the first and last word.
As a member of both NATO and the EU and as a pole of regional stability Greece is obliged to monitor the situation with a mature and balanced approach.
Initiatives for greater European integration are strengthening the international role of the euro, said Klaus Regling, head of the European Stability Mechanism
The participants of the “European Economy” panel discussed the prospects of the European economy
With tourism accounting for more than 20% of the Greek economy, the recovery expected this year will give a significant boost to GDP. This emerges from the report of the British bank HSBC in relation to the prospects for tourism this year.
The first two flights arrived early in the morning from Israel while during the day more flights from Israel are expected to arrive as well as one flight from Paris and one from Brussels.
Political parties have an obligation to secure stable funding for internships and businesses should back a framework that can offer early job experience that will benefit them in the future.
At 44, Maroutsos has one of the most elite jobs in the money management industry. And yet, he announced that he would leave in October to consider his next step and “take to the streets” literally starting road trips across America with his family.
The Minister mentioned that the arrival of funds will begin in the third quarter of 2021
Mytilineos announced its cooperation with Selcoms-i which is active in the field of Energy Management
UBS estimates that unemployment will fall from 16.3% in 2020 to 15.7% in 2021, reaching 14.7% in 2022, but public debt will fall slightly from 207% of GDP in 2020 to 202% this year
She underscored the change of agenda in Greece in the field of climate change, one of the main priorities of the European Union
The international tender for the concession of the airport is estimated to go on the air in one and a half years
“It inconceivable to talk about the opening of (the) tourism (sector) without opening museums,” she said, speaking at this week 6th Delphi Economic Forum in Athens.
Additionally, people may freely engage in inter-state travel as of Friday.
CVC Capital partner Alex Fotakidis called Greece’s economic prospects over the next three years as «excellent», in his address at the at the 6th Delphi Economic Forum, which is continuing in Athens.
The public offering is expected next week
Report on the work done in Justice and on its performance in the relevant round of discussions of the Delphi Economic Forum
The Greek banking system has now turned the page. It is able to look to the future and focus its efforts on growth and no longer on survival, said the CEO of Eurobank speaking today at a panel at the Delphi Economic Forum
Goldman Sachs estimates that the Greek economy is expected to gain momentum, with a boost from the resources of the Recovery Fund, after the submission of the “Greece 2.0” plan.
The alternate interior minister tressed that citizens must still be careful and abide by existing public health measures, which include wearing masks and social distancing, especially while socialising in groups. Reports have indicated that the move could come as early as 14 May.
After the completion of the modernization and upgrade works of the 14 airports, this certification comes to contribute to the general feeling of comfort and security
The first passenger trains using hydrogen cells will enter commercial operation in Germany in March 2022. The arrival of hydrogen trains in Greece is on the negotiating table with the Italians of Trenitalia. The network and the role of the Recovery Fund are key.
This year’s tourist season is better than 2020. Last minute bookings are the biggest trend in air travel. The climate for city-break tourism is slowly changing. Germany, France, Britain send the most positive signs.
In his statements, Gerassimos Thomas, the director-general of DG Taxation and Customs Union (TAXUD) and previously Greece’s deputy energy minister, said the Union’s tax systems often act as a counter-incentive, thereby favoring, by default, the production and consumption of high polluting forms of energy
Mitsotakis cited the New Year’s proclamation of 1981 by Greek statesman Constantine Karamanlis – then the president of the republic – ushering in Greece’s membership into the core of Europe
The illegal delimitation of the Turkish and Libyan EEZs and Turkey’s military involvement in Libya has drawn the consternation of both the EU and the US as well as regional players.
Dinos Benroubi, the CEO of Protergia, Mytilineos’ electricity and natgas provider for the Greek market, made the announcement during statements at the 6th Delphi Economic Forum in Athens
As regards the political terrain in Greece, main opposition Syriza appears to be rushing to build new alliances and to don a new cloak. In the morning the party loves US President Joe Biden. In the afternoon it is close to the Eurosocialists.
Zavvos, who holds the credit system portfolio, presented reforms undertaken so far in the domestic banking sector, including the “Hercules” plan for reducing NPLs.
Students, faculty and friends of Ohio State’s Modern Greek Program will meet, via an online platform, for a weekly reading in Greek, of a novel by Petros Markaris
Greece, taking advantage of the funds from the Recovery Fund, can enrich its tourism product and proceed to a barrage of investments in infrastructure.
The goal is the universal vaccination of all the islands of Greece, with the exception of Crete, by the end of June
The leading European consumer finance company in collaboration with the Siggelidis Group will offer financing solutions to its customers.
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