Greece

EC Vice-President Dombrovskis says Greek bank recapitalization is linked to 3rd memorandum

The Vice President of the European Commission, Valdis Dombrovskis warned that the salvage of Greek banks could be delayed. In an interview to financial site ‘Bloomberg’ Dombrovskis underlined the urgency of implementing the rescue plan for Greece and its banking system, stressing that the review of the 4 major Greek banks was linked to the country’s bailout plan.

The life and times of Liakounakos… from rags to riches and crime rackets! (pics)

On Monday night, Thomas Liakounakos, aged 67, and a retired former high-ranking military officer were taken into custody. The high-profile businessman was apprehended from his home in upmarket Psychiko after an arrest warrant was issued in relation to charges stemming from a case involving a contract with Swedish multi-national Ericsson.

Tsipras continues whirlwind round of UN-related meetings

Greek Prime Minister Alexis Tsipras continued his high-profile meetings in the “Big Apple” on Monday, with UN Chief Ban Ki moon and Cyprus President Nikos Anastasiades next up on Tuesday.

Tsipras’ Monday “highlights” included a brief conversation with Raul Castro, Cuba’s “Commandante No. 2″, who invited him to the island nation, as well as with Brazilian President Dilma Rousseff.

Greek FinMin says the new government ready to tackle high tax evasion

Greek Finance Minister Euclid Tsakalotos predicted the Greek economy would return to economic growth in the second quarter of 2016 in an interview to Financial Times. Tsakalotos clarified that this would be possible only if the first review of the Greek bailout plan by the EU institutions was positive.

ND blasts Tsipras speech at UN as ‘cheap communication trick’

Major Greek opposition party New Democracy (ND) released a statement criticizing Greek PM Alexis Tsipras’s speech at the 70th annual UN assembly on the debt issue. In the harsh statement, ND blasted Tsipras for picking the wrong forum to bring up Greece’s debt issue accusing him of ‘pleading for a debt arrangement’.

A. Tzitzikostas bids for ND leadership, lowering the party’s age bar

Central Macedonian Region Chief Apostolos Tzitzikostas, aged 37, announced his candidacy for the leadership of the New Democracy (ND) Party on Sunday night. The young man’s bid for the leadership, following that of Kyriakos Mitsotakis, aged 47, lowers the age bar for the party’s control from current leader Evangelos Meimarakis, aged 62.

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