Online news / Blog2021-06-11T17:19:31+03:00

Online news / Blog

Greece: “Green passport” for Israelis that have been vaccinated

Greece and Israel have agreed to allow free travel for all Israelis that have received a COVID-19 vaccine and wish to visit Greece. The decision will be put into force once flight restrictions are lifted. The agreement was signed during the working visit of Greek Prime Minister, Kyriakos Mitsotakis, to Jerusalem. Israel’s Prime Minister, Benjamin Netanyahu, at the joint news conference, stressed that Israelis visit Greece in record numbers. Israel has achieved record numbers in vaccination, with more than a [...]

February 9th, 2021|Online news / Blog|

Peering into the crystal ball

Peering into the crystal ball by Antonis D. Papagiannidis The expectation/promise that the Recovery and Resilience Facility would reboot the Greek economy has caused a thicket of debates to spring up. Most have to do with the how and when of initiatives to be undertaken (and funded…) under the RRF. Quite recently, a workshop set up to the Karamanlis Institute for Democracy has brought together representatives of main sectors of the economy that vie for RRF favour; since the Karamanlis [...]

February 8th, 2021|Online news / Blog|

Greece- Libya: New start- Greece reopens its Embassy in Tripoli

Greece has decided to reopen its embassy in Tripoli, Libya. In parallel, Greece starts procedures to open a Consulate General in Benghazi. The decision, announced by the Greek Ministry of Foreign Affairs, came after the election of the interim President of the Presidency Council, Mohammad Menfi, its Members and the Prime Minister of Libya by the Libyan Political Dialogue Forum. New President of the Presidency Council, Mohammad Menfi at a meeting with ex President of Greece Pr. Pavlopoulos M. [...]

February 8th, 2021|Online news / Blog|

Glitters as gold: New Greece- Eldorado deal clears the way to operate the Skouries mine

An amended Investment Agreement between Eldorado Gold' s subsidiary, Hellas Gold and the government of Greece puts an end to years of permit delays and to protests of environmental groups that tried to prohibit the operation of the Skouries gold mine. The amended Agreement provides a new legal and financial framework to allow for the advancement of Eldorado’s investment in Skouries, Olympias and Stratoni/Mavres Petres mines and facilities in northern Greece (the “Kassandra Mines”). Skouries has reserves of 3.8 million [...]

February 6th, 2021|Online news / Blog|

Greece gets another tranche of debt relief just before it hits the 200% threshold

The fourth successive reduction of Greece’s debt was approved today by the European Financial Stability Facility (EFSF). It will remove €122.5 million from the country’s debt obligation. The EFSF Board of Directors gave the “green light” to reduce to zero the step-up margin accrued by Greece for the period between 17 June 2020 and 31 December 2020. The decision is part of the medium-term debt relief measures agreed in 2018. “Greece has continued its reform process under difficult circumstances” Klaus [...]

February 4th, 2021|Online news / Blog|

Upcoming sales: Sandy beaches, Olympic facilities and hot spings to be auctioned soon

Driven by the squeeze on public finances due to the pandemic, the Greek government is speeding up the process of monetizing public assets. In the first quarter of 2021, tender processes will be launched for a number of state properties, currently under the auspices of the Hellenic Republic Asset Development Fund (HRADF). First in line are: - the former U.S. Base in Heraklion, Crete. It is a coastal property at the Gournes village with an extensive 600m coastal front on [...]

February 2nd, 2021|Online news / Blog|

The boom-and- bust routine of expectations from the EU

The boom-and-bust routine of expectations from the EU by Antonis D. Papagiannidis On one side growing vaccination nationalism, already pitting the EU against the U.K. – a Member State until some weeks ago – in the AstraZeneca quarrel; on the other side, the crumbling pretense of Covax, the WHO initiative to help lower-income countries join in vaccination efforts. The Covid-19 pandemic, as it is evolving, erodes expectations that this modern-times plague would show the benefits of collective action at a [...]

February 1st, 2021|Online news / Blog|

Russia resumes air travel to Greece- Energy and agriculture synergies to follow

Russia has decided to resume bilateral international air service with Greece, starting February 8. The decision was announced during the visit of  the Russian Deputy Foreign Minister, Alexander Grushko, in Athens. "It is an open secret that the Greek tourist sector has been hit hard. The relationship between our countries also relies on this element of contacts between people, of course. We intend to increase focus on development of tourism, the more so because a year of tourism between Russia [...]

January 30th, 2021|Online news / Blog|
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