News archive of January 2019

PAOK and AEK scrape through as Reds march on

PAOK and AEK scored narrow home wins for the Super League on Wednesday ahead of their clash on Sunday in Athens, while Olympiakos thrashed visiting Larissa and Panathinaikos won at Panetolikos.

Turkish Nobel laureate novelist to hold photo exhibit

Turkey's Nobel laureate author Orhan Pamuk will hold an exhibition spotlighting an array of photos of Istanbul taken from his own balcony, his publisher said on Jan. 30. 

Local startups attracting investments

The Greek startup ecosystem has been showing signs of maturity in recent years, as a number of investors have chosen to contribute funds toward the realization of Greeks' innovative ideas.

Greek tankers have loads confiscated in Venezuela

Greek shipowners face the prospect of not being paid for loads worth millions of euros or having them confiscated when they get involved with high-yield but high-risk trading in refined oil products with Venezuela. With the US sanctions to Caracas coming into force in April, it is likely that shippers' payment demands for deliveries made will be in vain.

Warm wind beneath new bond's wings

The markets appear particularly keen on the new Greek bond issued last Tuesday, as its yield has shown a significant improvement since then, partly thanks to the support from the favorable atmosphere internationally after the Fed's decision to be patient on its rate policy.

ATHEX: Monthly rise of 3.5 pct for benchmark

January ended with monthly gains at the Greek stock market for the first time since August, even though the benchmark posted a slight drop at the end of on Thursday's session, mainly due to declines in the credit sector.

Ankara raises issue of eight officers again

A few days before Prime Minister Alexis Tsipras visits Turkey, the country's National Security Council said in a statement on Thursday that Ankara will continue to pursue people it accuses of taking part in the failed coup attempt in 2016 - including the eight servicemen Greece has refused to extradite. 

Judicial ruling a victory against hatred

Monday's decision by a three-judge court in the northern Peloponnese town of Aigio was without doubt the greatest piece of news for the country that day. Not because of the sentence handed to Metropolitan Amvrosios of Kalavryta and Aigialeia (seven months, suspended), but rather for the fact that the Greek state condemned a public servant for abuse of power and incitement of violence.