Galatsi

A large fire has broken out at an apartment on the first floor in the northern suburb of Galatsi on 11 Agias Glykerias street, in Athens. Seven fire engines and 21 fire fighters are on the scene. More details as they become available.

The Athens Water Company (EYDAP) said on Thursday it is extending a payment program for consumers with overdue bills of 60 euros or more.

The listed utility said applications to join the scheme will begin on January 2 and that the minimum monthly installment for repaying arrears has been set at 20 euros.

The benchmark index of the Greek bourse declined for the fourth session in a row yesterday, in line with its international peers, where the general feeling was one of nervousness as to what the political landscape will look like after the US election on Tuesday. This also explains the very low trading volume at Athinon Avenue.

Fears of complications in Greece's second bailout review and further tremors in the runup to the US elections weighed on the majority of Greek stocks on Tuesday, with the benchmark giving up close to 1.5 percent.

Having already factored in the disbursement of the 2.8-billion-euro bailout tranche announced on Tuesday, the Greek bourse benchmark continued to sink with most stocks heading south, as trading volume slipped below 20 million euros.

The long-awaited tender for the construction of Line 4 of the Athens Metro is set to take place in early 2017, authorities said Monday.

The extension will link the densely populated suburbs of Galatsi, Kypseli, Kaisariani and Zografou to the other three lines of the metro network.

The government faces a busy week with the latest multi-bill of reforms to go before a vote Tuesday and several loose ends that must be tied up before the country's creditors can sign off on the next loan sub-tranche worth 2.8 billion euros.

After a series of delays, the tender for the construction of Line 4 of the Athens metro is expected to be issued early next year.

The extension of the capital's metro network has been long anticipated by residents of the densely populated areas of Galatsi, Kypseli, Kaisariani and Zografou.

Bank of Greece findings from its probe of Attica Bank include at least 30 serious discrepancies, Kathimerini understands. The central bank report, which has been submitted to Parliament, identifies significant shortfalls in the lenders' administrative and business operation, in risk management, in the operation of its information technology systems and in its recapitalization.

A new multi- bill featuring some of the so-called prior actions that Greece must implement to unlock the next tranche of 2.8 billion Euros in rescue loans is expected to be submitted to the Parliament on Friday.