Palaio

Financial Minister Euclid Tsakalotos and Alt. Finance Minister Tryfonas Alexiadis are faced with making decisions on the new objective property values around the country. Sources state that the findings submitted forecast horizontal reductions from 10-20% for middle-class areas, and smaller reductions as well as increases in working class districts.

Within the following months, the refugees will be hosted at the stadium of former Athens International Airport at Elliniko aiming to protect them from the bad weather which is forecast for the following days.

Since last week, it is estimated that up to 2,000 refugees found a shelter at the Sport Venue and Stadium at Palaio Faliro.

The lines outside the state Social Security Organization (IKA) in the south Athens district of Kallithea of beneficiaries queing up to have their health books stamped are dozens of meters long. The insured wait just to get a coveted priority ticket so that they can wait some more for their number to come up inside.

A 45-year-old nightclub photographer was snatched off the street and dragged into a vehicle by unknown assailants outside his home in the southern Athenian suburb of Palaio Faliro in the early hours of Monday before being found later in the car in the neighborhood of Vyronas, near the capital?s center.

The son of former Cypriot Interior Minister Dinos Michailides, who is on trial for money laundering in arms deals involving Greece’s ex-Defense Minister Akis Tsochatzopoulos, has been seriously injured in an attack in southern Athens.

Marios Michailides suffered a head injury and broken ribs when three men attacked him at a hotel in Palaio Faliro on Tuesday.

By Nikos Roussanoglou

Prices for plots of land in Athens posted an average drop of 4.4 percent in the third quarter of the year on an annual basis, even though this part of the market had until recently been unaffected by the economic crisis due to the shortage in availability.

A radical overhaul of the southern Athens coast at Faliro Bay will be put to tender in December, Infrastructure Minister Michalis Chrysochoidis said Friday at a meeting with officials from the municipalities affected by the scheme.

Many of the Greek capital’s museums and archaeological sites will be open to the public tomorrow night in celebration of the August full moon, the biggest of the year.

A 58-year-old man was arrested in Athens on Wednesday on suspicion of being part of a gang that had conned at least seven elderly residents in the suburbs of Nea Smyrni, Holargos and Palaio Faliro out of money since 2001.

A court in Athens on Wednesday sentenced a 23-year-old man, Giorgos Apostolopoulos, to 10 years in jail for stabbing a 17-year-old pupil outside a school in Palaio Faliro, southern Athens.