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  1. Greece sees Turkey close to crossing 'red line' in Aegean
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    would want to become embroiled in any dispute. Kotzias noted that the EU is the only one that has criticised Turkey’s questioning of Greek sovereignty. He added that Athens has informed NATO about... exercised by the government, especially on the media. If this is the case, Erdogan may feel has to do

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  2. Gucci and Greece’s lost photo opportunity
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    a runway event at the Parthenon. The Central Archaeological Council (KAS), which has the final say over... in exchange for a 15-minute catwalk show for 300 guests. It is not the first time that this has... a dozen movie scenes were shot there annually. That number has dropped to a handful a year

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  3. Athens prepared to legislate measures before global deal with lenders
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    a global deal with the institutions has been reached. Speaking during a regular press briefing... with the institutions has been reached, Athens will look to the lenders for a deal on fiscal targets... has ordered an investigation into the derivation of wealth declarations made by New Democracy leader

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  4. Piraeus Bank appoints new CEO, ending a long period of uncertainty
    Photo by MacroPolis

    EconomyBanking

    by the bank’s Board of Directors. The appointment has the consent of the Hellenic Financial Stability Fund (HFSF), which is the single largest shareholder with a stake of 26.42 percent. The process has... and Kapodistrian University of Athens and a MBA from Aston University, UK. Megalou has served as CEO at Eurobank

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  5. Tsipras invokes political solution to resolve labour reform stand-off
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    on the first two seems possible in the days to come. Athens has more or less accepted that it will have... agreement (SLA). The issue on which there has been no progress is the liberalisation of the labour market... market and the IMF wanting to stave this change off for the time being, while insisting that Athens has

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  6. Nouy voices concern about impact of uncertainty on banks, rebuffs capital concerns
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    . On the liquidity front, Nouy noted that hoarded cash has also been reduced, adding that “it is a bit early... continued in February amid uncertainty over the conclusion of the second programme review, which has..., Nouy noted that a lot of progress has been made so far on the legal framework, but more legislative

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  7. New Democracy in spotlight as coalition draws hope on labour reforms
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    such a pledge from the main opposition party. An IMF spokesman said that such a request has not been made... as it has both blasted the government for not concluding the review and insisted... that if there is a change of government, Greece as a state has to show a level of continuation, meaning

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  8. As Athens awaits news from Brussels, New Democracy mends fences
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to be phased in over three years from 2020. This has not been confirmed, though. Energy Minister... at home on this particular issue. SYRIZA has five MPs from Kozani and Florina in northern Greece, where lignite is produced and PPC has units, who may object to the sale of these assets amid concerns

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  9. ESM takes stock of Greece's sovereign vulnerability
    Photo by MacroPolis

    EconomyProgramme

    of indicators. The first indicator has the highest weight of 25 percent of the total score... vulnerable in case it has higher financing needs and market perception of risk as well as lower liquidity of its market-traded debt. The second indicator has a weight of 20 percent and involves

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  10. Poll spells worse trouble for PM than concerns of party turmoil

    PoliticsGreek Politics

    as the government has just a three-seat majority in Parliament. One report suggests that Fylis and ex-minister Tasia... voted against the agreement on Sunday. The SYRIZA body has a total of 151 members. However, the most... that Tsakalotos has been keen to ensure that he will not be held solely responsible for the content

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