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Greece

OECD report on education in Greece

The need for indefinite employment contracts, the increase of education funding, decentralization and the autonomy of school units, changes in

Positive atmosphere for debt relief

In the following days, Finance Minister Euclid Tsakalotos and alternate Finance Minister George Chouliarakis will meet with the heads of

Funeral for fallen Mirage 2000-5 pilot held in Karditsa

The funeral for Hellenic Air Force pilot Giorgos Baltadoros, who died when his one-seater Mirage 2000-5 fighter jet crashed into

‘Turkish helicopter did not violate the national airspace’

The Turkish helicopter did not violate the national airspace, we reacted only as a warning, sources of Maximos Mansion say,

Antikythera shipwreck yields bronze arm – and hints at spectacular haul of statues

Arm points to existence of at least seven statues from Greek shipwreck, already the source of most extensive and exciting

Research vessel scans and reveals the secrets of Santorini and Kolumbo volcanoes

The research vessel RV Poseidon of the GEOMAR Helmholtz Centre for Ocean Research of Kiel in cooperation with the Geology

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Apr 20, 2018

Positive atmosphere for debt relief

In the following days, Finance Minister Euclid Tsakalotos and alternate Finance Minister George Chouliarakis will meet with the heads of the International Monetary Fund and of European institutions, in Washington, within the scope of the IMF Spring Summit. More specifically, on Friday, the Greek Ministers will meet with the European Commissioner for Economic and Financial Affairs, the Eurogroup President, the French Finance Minister and the President of the European Central Bank. On Saturday, they will meet with Christine Lagarde, who has expressed her support to the Greek effort, and has clarified that the IMF no longer asks for further expenditure cuts.

Greece and its creditors seem to have come one step closer to reaching an agreement on a debt relief, Eurogroup President Mário Centeno stated. On his part, European Commissioner for Economic and Financial Affairs Pierre Moscovici said that Greece’s bailout program will not be prolonged.

Intense talks in Washington on…

Politics

Zaev: Three out of the seven issues of the negotiations between Greece and FYROM have been settled

The Prime Minister of FYROM, Zoran Zaev, estimates that three out of the seven issues of the negotiations regarding the naming dispute have been settled. When asked about the geographical qualifier, Mr. Zaev confirmed that it is an acceptable option for his country, and said once again that several names have been mentioned. FYROM’s Prime Minister also stated that Wednesday’s meeting of the UN special mediator, Matthew Nimetz, with Foreign Ministers Nikos Kotzias and Nikola

/ Feb 19

Greece

‘Greece on the radar of foreign investors’

The funding of the Development Bank has been secured as besides the Hellenic Fund for Entrepreneurship and Development and other funds that will be integrated into the new organisation, the respective banks of France, United Kingdom, Germany and Brazil’s will also contribute, stated Alternate Economy Minister Alexis Charitsis in an interview with the Sunday newspaper kontranews. He also added that until the end of June the necessary institutional frameworks will be completed and the Bank

/ Feb 25

Greece

Moody’s upgrades Greece’s credit rating

On Wednesday, Moody’s credit rating agency upgraded Greece’s credit rating by two notches to “B3”, from “Caa2”, in line with the positive ratings of two other credit rating agencies in the last period. The agency also maintains a positive outlook. In its report, which accompanies the announcement, Moody’s sees a “clear exit” of Greece from the support program, and speaks of a significant fiscal progress. It also explains that it could further upgrade the rating

/ Feb 22

Greece

Greek terrorist’s prison parole sparks global outrage

US expresses fears Dimitris Koufodinas of November 17 leftist group, who is serving 11 life sentences for murder, could abscond

/ Nov 13

On This Day

April 20

1914: Louis Tikas, Greek-American labor organizer, was slain in the "Ludlow Massacre"
1946: Stelios Kyriakidis won the Boston Marathon with a record-breaking time of 2hr 29m 27s."
1961: Father Kosmas Aitolos was proclaimed a saint by the Eastern Orthodox Church.
2000: Panathinaikos defeated Maccabi 73-67 and won the Euroleague for the second time in their history.
Births: Yiannis Gaitatzis, football player (1944).
Deaths: Louis Tikas, Greek-American labour organiser (1914), Manolis Triantafyllidis, linguistic expert and Demotic language advocate (1959), Timos Perlegas, actor (1993), Nikos Rizos, actor (1999)

Recent days: April 19 - April 18

WORLD

Europe

European Commission: Ankara moves away from European values

A Commission progress report on candidate countries, published on Tuesday, refers specifically to the tension in the Aegean and the Eastern Mediterranean, and stresses that Ankara is moving away from European values, in particular in the areas of fundamental rights and freedoms. The European Commission says that no new chapter in the membership negotiations with Turkey will open, as Turkey’s recent actions, especially in the Aegean, “do not promote good-neighborliness” with the EU member states.

/ Apr 20

World

Russia: Putin ready to meet Trump

Russian Foreign Minister Sergey Lavrov has said that President Vladimir Putin is willing to accept U.S. President Donald Trump’s invitation to meet in Washington. In an interview with state-operated RIA Novosti news agency, Lavrov said that Putin is “ready for such a meeting.” “We are guided by the fact that the U.S. President, in a telephone conversation – which is a known fact already, there is no secret – extended such an invitation and said

/ Apr 20