Latest News from Greece

German media on Merkel – Tsipras meeting

German Media focus on Monday’s crucial meeting between the German Chancellor Angela Merkel and the Greek Prime Minister Alexis Tsipras.

Deutsche Bank presents three Grexit scenarios

 

According to an article at economic-stock market ZeroHedge blog, the fate of Greece is expected to be decided in the coming days.
According to the article the three scenarios have as follows:

Press report: Greek FM delegation asked … Tehran to buy bonds, debt!

A three-man Greek foreign ministry delegation visited Tehran last week in order to lobby the Iranian government to purchase Greek … T-bills or a portion of the Greek debt, according to report in the Athens daily “Ta Nea” on Monday.

Greek, German leaders seek to reboot relationship

Greek Prime Minister Alexis Tsipras and German Chancellor sought Monday to reboot an increasingly sour relationship, saying they are looking for ways to help Athens reach a deal with creditors that will keep it from falling out of the euro.

Novinite Group Gives 2014 Personality in the News Awards

"We are very happy that the media are our very, very passionate partner in bringing the awareness in our Bulgarian society, which awareness is saying 'No' to the institutionalization of children," Ivanka Shalapatova, Executive Director of For Our Children foundation, has said, accepting her award in the Charity section of the 2014 Personality in the News contest conducted by Novinite.com.  

Greek foreign minister to visit Abu Dhabi and Beijing

After his visit to Berlin on Sunday, Foreign Minister Nikos Kotzias is due to meet United Arab Emirates Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi on Tuesday.

Kotzias will then fly to Beijing, where he is expected to meet his Chinese counterpart, Wang Yi.

Draghi lends guarded support to Greece

The head of the European Central Bank, Mario Draghi, expressed cautious optimism on Monday that Greece would be able to benefit from ECB money printing and get normal access to central bank funds, but urged Athens to honor its debts.

Much of Greece?s funding requirements and those of its banks are, in the meantime, being met by the ECB.

Pilot, two students injured in plane crash in northern Greece

The Committee for Investigating Airplane Accidents and Flight Safety (EDAAP) was on Monday investigating the circumstances under which a training flight went down in Kilkis, northern Greece, on Sunday, injuring the pilot and two Italian trainees.

The Cessna went down on an islet in the middle of the Axios River while heading back to Thessaloniki?s Makedonia Airport.

National Bank swings to loss on provisions

Greece?s largest lender by assets National Bank (NBG) reported on Monday it swung to a loss in the fourth quarter as higher provisions for impaired loans weighed on its bottom line.

Varoufakis cancels UK trip due to crucial eurozone talks

Greek Finance Minister Yanis Varoufakis has canceled a planned trip to London on Tuesday, the Greek Embassy said on Monday.

Varoufakis was due to talk at a conference in London and attend another couple of events but has called the trip off as crucial talks between Greece and its eurozone partners over the country?s need for financial support heat up.

[Reuters]

Tsipras, Merkel joint statements after talks

 Highlights of Angela Merkel's statements at a joint press conference afterwards the face-to-face talks:

Merkel

- There are difficult issues, in which we have completely different thoughts and views.

- The Greek government will tell us how much longer it wants to continue the cooperation with the Task Force.

Hopes for more cash give Athens bourse a 3 pct boost

Expectations that the European Central Bank will ease its policy toward Athens slightly after the prime minister’s meetings with top European officials, thus allowing for more cash to Greece, sent local stocks higher on Monday.

Bild astonishes us all with ode to … Greece

The German tabloid Bild, which ran a series of negative articles of late regarding Greece and its economic crisis, surprises its readers with Monday’s issue, citing what Greeks — ancient, modern, the works — offered humanity, and to Germany, specifically.

The issue coincided with Monday’s official visit to Berlin by Greek PM Alexis Tsipras.

All eyes on Berlin for Merkel-Tsipras meeting

German Chancellor Angela Merkel received Greek PM Alexis Tsipras at the chancellory in Berlin on Monday, with the two reviewing an honor guard before entering the building.

Bulgarian Timber Companies to Block Border Crossing Points to Protest Export Ban

Timber industry representatives are launching protests on March 24 over a 3-month ban on exports of wood in the rough.
The ban has been an obstruction to nearly 800 companies in the sector for two weeks.

Industry representatives will block border crossing points near Svilengrad for 6 hours on Tuesday.

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