Latest News from Greece

Stoiximan’s new initiative on Brain Gain

You are educated, you have all the right capabilities, you are driven and hold a clear vision of a great career future. You tried to find a job in Greece, but it is hard to find a business opportunity that fits your aspirations and challenges you professionally.
So, you eventually decided to take the big step and try to seek for career opportunities elsewhere.

Doctors arrested in Samos over bogus health certificates

Six doctors and three nurses working at a hospital on the eastern Aegean island of Samos have been arrested on suspicion of issuing bogus medical certificates to asylum seekers, for a fee, so as to facilitate their transfer to the mainland on health grounds.

Romania sales bolster Jumbo’s annual turnover

Jumbo's performance in the financial year from July 2018 to June 2019 has beaten the listed company's original expectations last October, as it announced a 7.8 percent annual growth in turnover to 812.2 million euros, against an estimate for a 5-7 percent rise.

Italian prankster strikes again, 'kills' former president

Italian prankster Tommaso De Benedetti struck again on Wednesday, falsely announcing the death of former Greek president Karolos Papoulias on Twitter using a fake account he created under the name of Deputy Prime Minister Panagiotis Pikrammenos.
"Karolos Papoulias, the former President of Greece, has died few minutes ago at 90," the tweet read.

National Bank picks Christodoulou as new CFO

The chief executive of National Bank's (NBG) Cypriot subsidiary, Christos Christodoulou, was appointed as NBG's new chief financial officer, taking over from Yannis Kyriakopoulos, Greece's second-largest lender said on Wednesday.
Kyriakopoulos will head NBG's real estate division, which includes real estate management subsidiaries, the bank said. 

[Reuters]

Editorial: First the reforms, then the changes

It is evident from a series of public statements that the new government is viewed positively by the representatives of Greece's creditors and European partners as they expect better cooperation and more steadfast reform policies.

Nevertheless, the first positive signals do mean that creditors are prepared to change the basic targets of economic policy.

Cyprus to establish diplomatic relations with North Macedonia

Cyprus is set to establish formal diplomatic relations with North Macedonia.

The news was revealed during the Economist conference in Lagonisi, in southwestern Attica.

Foreign Minister Nikos Christodoulides is expected to sign the agreement on the 29th of August at an EU Foreign Affairs Council summit in Finland.

US to participate in East Med energy summit

The United States will join Cyprus, Greece, Israel and Egypt at a summit on July 29 to discuss East Med energy cooperation.

Live painting at Thessaloniki's Roman Forum

An outdoor exhibition with live painting, music and a shadow theater was inaugurated on Tuesday as part of an initiative by local authorities in Thessaloniki, northern Greece, to establish the Garbola pedestrian path in the Roman Forum as "an artistic promenade." The event runs through Friday. [Intime News] 

Creditors insist on budget milestones

The government will have to secure the necessary fiscal space it needs to introduce the tax cuts it is planning for next year, after deciding to stick to the target for a primary surplus of 3.5 percent of gross domestic product (GDP), a Finance Ministry source admitted on Tuesday.

New parliament sworn in

Greece's new parliament was sworn in on Wednesday following snap elections held on July 7.
Six parties are represented in the new parliament: New Democracy with 158 seats, SYRIZA with 86, the center-left Movement for Change alliance (KINAL) with 22, the Communist Party (KKE) with 15, the far right Greek Solution with 10 and the anti-austerity MeRA25 with 9.

Pyatt: US-Greece cooperation ‘proceeding at top speed’

Describing Greece as a "pillar of stability in a difficult region," US Ambassador to Athens Geoffrey Pyatt has confirmed that bilateral relations between the two NATO allies are "proceeding at top speed" following the election of the conservative government in national elections earlier this month.

Mitsotakis congratulates new Commission chief

Greek Prime Minister Kyriakos Mitsotakis has congratulated Ursula von der Leyen on her election as new European Commission president.

Elpidophoros meets Trump at the White House

Newly-appointed Archbishop Elpidophoros of America met with US President Donald Trump in the Oval Office at the White House on Tuesday. US Vice President Mike Pence and Alexander Karloutsos, vice general of the archdiocese, were also present during the meeting.

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