News archive of August 2016

Airport charge will go down, not increase, says TAIPED

Airport charges per passenger will be reduced at the 14 airports that the Fraport-Sentel consortium is set to undertake this year, as well as all other airports operated by the state, according to state privatization fund TAIPED.

Still no end to Greece's recession in sight

The latest data on consumption and exports point to the fact that the Greek economy has not yet developed the necessary momentum to break the recessionary cycle, despite government projections for an economic rebound in the second half of the year.

ATHEX: Banks rally, offseting last month's losses

The mostly positive second-quarter results released by banks Alpha and Piraeus on Tuesday evening sent Greek bank stocks soaring on Wednesday, ahead of the announcements of results from National and Eurobank. The banks index jumped 12.43 percent and trading volume reverted to normal levels on the last day of a month that ended with gains of 1.06 percent for the market's benchmark.

Large blaze breaks out in Nea Kios

Firefighters on Wednesday evening were trying to put out a large blaze that broke out early in the afternoon at a cooperative fruit juice factory in Nea Kios, a suburb of the northern Peloponnesian town of Argos, that spewed acrid black smoke into the air over a radius of several kilometers. [Vassilis Papadopoulos/Eurokinissi]

Turkish Interior Minister resigns in surprise move

Turkish Interior Minister Efkan Ala has resigned, Prime Minister Binali Yıldırım announced following an unscheduled meeting with President Recep Tayyip Erdoğan late on Aug. 31. 

Labor Minister Süleyman Soylu has replaced Ala and former Health Minister Mehmet Müezzinoğlu has replaced Soylu as labor minister, Yıldırım said.

TV license drama continues

As rumors abounded over the progress of a dramatic competition for four television broadcasting licenses that was still ongoing late Wednesday, bailiffs on Wednesday morning placed several injunctions against the process in the railings of the hermetically sealed and heavily guarded gates of the General Secretariat of Information and Communications (GGEE) in central Athens.

Brazil's Dilma Rousseff Impeached

The Senate of Brazil has voted to impeach President Dilma Rousseff, local and world media report.

A majority of 61, out of 81, senators have backed the move.

Michel Temer is now confirmed as the country's new President.

The Senate's move to strip Rousseff of her presidency put an end of the 13-year rule of her Workers' Party. 

Police force resets security priorities

The Greek Police (ELAS) has sent the Citizens' Protection Ministry a list of 700 officers who will be transferred from the security details of prominent bankers, journalists, former ministers and other politicians to other departments of the force that are under strain from understaffing, such as the rapid response and motorcycle patrol units.

Bosnia and Europol Sign Landmark Cooperation Deal

Bosnia's Minister of Security, Dragan Mektic, and the director of Europol, Rob Wainwright, signed a long awaited cooperation deal on Wednesday in Sarajevo, allows for crucial exchanges of personal data about suspects as well as classified information.