Latest News from Greece
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.
Greece wants 100 mln euros in damages from German defense firms
Greece's government wants more than 100 million euros ($110 million) in compensation from German defense companies it says paid bribes to win arms deals, a senior defense ministry source confirmed on Monday.
Momix visit Greece once more!
Defying gravity and flirting with mirages, Momix return to Greece! The dancers of famous choreographer Moses Pendleton will be presenting “Dreamcatcher” in the Athens and Thessaloniki Concert Halls.
Magical imagery will guide those who attend to beautiful, living dreams.
Programme:
Part 1:
Greece Probes Macedonia Highway Bribery Claim
Greece has launched a "preliminary investigation for foreign bribery and money laundering" allegedly committed by AKTOR AD? in neighbouring Macedonia, the Organization for Economic Cooperation and Development, OECD, said in its latest Report on Implementation of the OECD Anti-Bribery Convention in Greece.
ECB's Coeure says expects changes to Greek aid program
Greece's financial aid program is set to be changed to accommodate its new government, a senior European Central Bank official said on Monday, noting that the bank stood ready to support the country.
Merkel wants to hear from Tsipras in person about reforms, spokesman says
German Chancellor Angela Merkel wants to hear from Greek Prime Minister Alexis Tsipras in person about the reform plans that he has promised to present to Greece's eurozone peers soon, her spokesman said Monday ahead of their talks in Berlin.
Greece woes are of its own making, Barroso says
Greece must move on with long-delayed structural reforms in order to restore the confidence of the markets, the former President of the European Commission Jose Manuel Barroso has said while blaming the country's financial woes on the failings of Greek politicians.
More action needed from Greece, European Commission says
The European Commission urged Greece on Monday to take real action and make progress towards implementing reforms that could unblock more loans to Athens, stressing that political will, even if strong, was not enough at this stage.