GREEK NEWS

Greece and Algeria to ‘intensify’ bilateral relations, Kotzias says in Algiers

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Greece and Algeria are intensifying their relations after a period of many years, Greek Foreign Minister Nikos Kotzias said here on Thursday, in joint statements with Algeria’s Deputy Prime Minister and Minister for Foreign Affairs and International Cooperation Ramtane Lamamra.

Kotzias arrived in Algiers for an official visit on Thursday and held a...

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EU should come out of Brexit stronger and more democratic, says Katrougalos

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The European Union should come out stronger from the Brexit process and especially with an increased social and democratic dimension, Alternate Foreign Minister for European Affairs George Katrougalos said on Thursday, speaking at the General Affairs Council, in a debate about the EU’s strategy in the Brexit negotiations.

Katrougalos welcomed the...

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Former minister Akis Tsohatzopoulos to be released from jail on Friday

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Jailed former minister Akis Tsohatzopoulos has managed to raise the 200,000 euros that he needs to post bail and, barring any surprises, will be released from prison on Friday afternoon. Even though Tsohatzopoulos succeeded in raising the amount on Thursday, his release was delayed for bureaucratic reasons and he will be spending one more night in...

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Eurozone banks now ‘much stronger,’ EBF chief Wim Mijs tells ANA

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“Significant racapitalisations” over recent years have rendered the Eurozone’s banking sector much stronger and resilient, European Banking Federation (EBF) Chief Executive Wim Mijs told ANA this week.The veteran Dutch banking executive spoke ahead of the inaugural Balkans and Black Sea Forum (BBSF) forum, which will be held in the northern Greek...

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European Central Bank lowers ELA-ceiling for Greek banks by 100 mln euros

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European Central Bank on Thursday approved a request by the Bank of Greece to lower the ELA-ceiling for Greek banks by 100 million euros to 46.5 billion euros up to and including Wednesday, 17 May 2017.

The Greek central bank, in an announcement said that the reduction of €0.1 billion in the borrowing ceiling reflected developments in the liquidity...

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Suspicious parcel at defence ministry found to contain computer hard drive

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A team of bomb disposal experts declared a false alarm at the defence ministry complex on Thursday, after a package deemed to have suspicious contents was found to contain a computer hard drive.

The team was called in to examine the parcel which arrived with the mail at the gate of the ministry complex, which also houses the armed forces general...

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No trains on Monday due to Labour Day strike action

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There will be no trains running on the Labour Day holiday on May 1, including on the Proastiakos suburban railway line, following a decision by the Greek railway workers’ union to participate in a 24-hour general strike called by the General Confederations of Employees of Greece on the day.

The strike action will lead to the cancellation of some...

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