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Restoration of Acropolis Propylaea completed

All scaffolding and cranes were fully removed from the Propylaea of the Acropolis, the monumental entrance, or gateway, to the Acropolis [...]

“Kallikratis” Plan Voted in Principle

The Greek government’s plan to redraw local government boundaries, better known as “Kallikratis,” was voted in principle by the House. Of the 285 deputies present, the 160 deputies of the ruling party of PASOK and the three independent parliamentarians, Sofia Sakorafa, Giannis Dimaras and Vassilis Oikonomou, cast a positive ballot. The 124 opposition deputies said [...]

Former Minister Anastasios Mandelis is Now Prohibited to Leave the Country

Former Minister Anastasios Mandelis, is now prosecuted on the degree of felony, for money laundering activity and is refused to leave the country. The prosecutor of the Supreme Court, Mr John Sakelakos, announced openly the prosecution against the former Minister, on the basis of, yesterday’s statement to the Committee and the evidence of the banking [...]

Greece’s ASE opened with Decline

Equity prices were declining at the opening of trade on Thursday on the Athens Stock Exchange (ASE), with the basic share price index down 1.86 percent, standing at 1,557.20 points at 11:15 am, and turnover at 24.210 million euros. Individual sector indices were moving mostly downward, with the biggest gains in Chemicals, up 2.04 percent; [...]

Mantelis Admits Siemens Bribery

Socialist deputy and former Transport Minister Anastasios Mantelis, admitted on Wednesday his involvement in the Siemens case after being pointed out by a relative of his. Questioned by MP Thanasi Plafili (of the Communist Party), the businessman Mr. Tzougranis admitted that, Mandelis had confided to him that, the 200,000 marks he put into a bank [...]

High Interest from Cosco to Invest in Greece

Executive director, Mr. Xristos Aleksakis, of Invest in Greece met with the President and CEO of the Chinese Group Cosco, Captain Wei Jiafu, who was heading a senior delegation for a commercial trip to Greece. The purpose of his trip was to expand COSCO’s win-win business collaborations with the Greek shipping and port communities on [...]

Air Force chief of Greece is To Attend NATO SEAC Conference

Chief of the Air Force General Staff (GEA) Lt. Gen. Vassilios Klokozas, will attend the annual NATO Southern Europe Air Chiefs Conference (SEACC) that is to be held in Plovdiv, Bulgaria, on May 27-29, a GEA announcement said on Wednesday. The conference, opens on Thursday, and will be attended by the air force chiefs of [...]

George Papandreou “We are not going to take even one step back” on ‘Kallikratis’

Last night, in the Parliament chambers the PM stated that “We are not going to take even one step back.” During lasts night conversation up on the implementation of the bill, he characterized the ‘Kallikratis’ program a “cornerstone” for the Greece they are building.. “It’s a precondition for the country’s exit from the crisis” and [...]

Greek Prime Minister Talks to Al Jazeera

Prime Minister, George Papandreou, states in an interview with Al Jazeera’s Barnaby Phillips in Athens, that the measures taken are painful but necessary. George Papandreou, acknowledges that his people do hurt. “I very much understand the protests, but in the same time, I think the people are determent,” he said. “Because of the pain, they [...]

Greek ministry cracks down on tax evasion by staff

The Finance Ministry has decided to replace a large number of DOY directors and carry out inspections of source of income in cases of denouncements about illegal activities and large real estate assets within the framework of its battle to combat tax evasion. Changes in DΟΥ The Finance Ministry has announced replacement of 20 DOY [...]

Greece Turns Eye to Tax Evaders

‘The Los Angeles Times’ wrote very recently reporting from Athens about the situation concerning the hunting down of tax evaders and how people feel about it. More extensively the article states: The villains will be taken by surprise, Kapeleris Ioannis said, and then Greece’s chief of financial crimes investigator laughed. The Greeks are in the [...]

The “Troika” is Pressing Greece to Implement Changes In the Welfare System from 2015

The E.E. and I.M.F. pressure Greece regarding the changes that must be done to the welfare system. They want all actions to [...]