News archive of February 2019

Lamia shocks Olympiakos to dump it out of Cup

Lamia added another major scalp to its collection in the Greek Cup this year, as it followed up the elimination of Panathinaikos with a shock win at Olympiakos on Thursday, to see the central Greece team through to the tournament's semis and the Reds crash out. Lamia has joined AEK, PAOK and Asteras Tripolis in the semifinal line-up.

Editorial: Resounding warning signals

It was unavoidable that the European Commission's report on the Greek economy would not be rosy.
On the one hand it acknowledged that Greece has made progress in meeting its commitments, but on the other it notes a series of delays and problems that are fraught with dangers.

Highly trained manpower is wasted on low-skilled jobs

One in every three Greek workers are employed in jobs below their skill level, mostly in the civil service, commerce, accommodation and food service, in positions where their skills are not utilized, according to a report by the Hellenic Federation of Enterprises (SEV).

Hunger-striking Russian cybercrime suspect admitted to specialist clinic

Alexander Vinnik, a Russian national suspected of bitcoin fraud whose extradition is being sought by three countries, was admitted to a specialist clinic Thursday for treatment after a three-month hunger strike, his lawyer Timofey Musatov said.

ATHEX: Banks earn 43 percent in February

The 9.25 percent ascent of the banks index dominated Thursday's bourse session at Athinon Avenue, taking the main index well above the 700-point level. However, traders were more reserved as far as other blue chips were concerned.

Corfu police arrest four over landfill vandalism

Police on the Ionian island of Corfu said they arrested four people and detained another 10 Thursday in connection with the vandalism Tuesday morning of infrastructure at a landfill near the southeastern town of Lefkimmi by a group of hooded individuals.

The four men that were arrested are aged 30, 33, 35 and 40, while the other 10 are between 23 and 56.

Delphi Economic Forum addresses inclusive growth

Greek President Prokopis Pavlopoulos delivers the inaugural speech at the fourth Delphi Economic Forum, taking place through Sunday near the famed ancient Greek sanctuary on Mount Parnassos, on Thursday evening.

SYRIZA trailing ND by 11 points, Pulse poll shows

SYRIZA is trailing New Democracy by 11 percentage points, according to a new survey carried out by Pulse for Skai, with 32.5 percent of respondents saying they would vote for the conservative opposition compared to 21.5 percent for the incumbent leftists.

Crete damage to exceed 100 million euros

The damage to roads, buildings and infrastructure caused by the torrential rain and gales that hit the island of Crete earlier in the week will exceed 100 million euros, according to Regional Governor Stavros Arnaoutakis.

He said the precise cost will be known after a team of Infrastructure Ministry experts and local engineers complete their assessment of the damage.

Former ELSTAT president acquitted for third time

The beleaguered former head of the Hellenic Statistical Authority (ELSTAT), Andreas Georgiou, was Thursday cleared for a third time by the Council of Appeals of falsifying the 2009 budget data in order to justify Greece's first international bailout.