Greece
Diplomacy
Italy Ratifies Exclusive Economic Zone Agreement With Greece
The Italian Senate ratified on Friday the 2020 maritime agreement with Greece, with which the two EU member states delimited their Exclusive Economic Zones.
Cyprus
A Cypriot Exclusive Economic Zone Exploration Was Extended to 2017
On Monday, The Cabinet of Ministers approved a request by ENI-Kogas consortium for a two year extension on their exploratory activities in Cyprus' Exclusive Economic Zone (EEZ) and in particular in blocks 2, 3 and 9.
Speaking to the press...
Diplomacy
Greece and Egypt Sign Agreement on Exclusive Economic Zones
Greece and Egypt signed an agreement regarding their exclusive economic zones on Thursday, according to the Egyptian Foreign Minister Sameh Shoukry.
From this point onward, there will be an exclusive economic zone, or EEZ, between the two Mediterranean countries, according...
Cyprus
EU Warns Turkey Over Drilling in Cyprus' Exclusive Economic Zone
The EU Commissioner for Enlargement, Johannes Hahn, said today that Turkey is moving further away from accession into the European Union due to its current illegal drilling activities in Cyprus’ exclusive economic zone (EEZ).
Speaking after a General Affairs Council...
Cyprus
Turkey Vows To Begin Drilling in Cyprus' Exclusive Economic Zone
The spokesman for the Turkish Foreign Ministry Hami Aksoy stated that Turkey will start its own drilling operations in ''licensed areas of the Turkish Republic of Northern Cyprus''. Aksoy was responding to a question regarding the commencement of drilling operations by the...
Cyprus
Drillship Saipem 12000 Arrives in Cyprus' Exclusive Economic Zone
Deepwater drillship, Saipem 12000, has arrived in Cyprus' Exclusive Economic Zone (EEZ), where it is expected to begin drilling for hydrocarbon reserves in field 6 of Cyprus' EEZ, called "Calypso".
Minister of Energy, Yiorgos Lakkotrypis, wrote in his twitter account today...
Cyprus
Turkey Formally Challenges in UN Cyprus’ Right to Exclusive Economic Zone
The Turkish government of Recep Tayyip Erdoğan has formally challenged the legality of Cyprus’ exclusive economic zone (EEZ) in a formal letter submitted to the United Nations and published as a formal document of the General Assembly of the...
Economy
PM Mitsotakis Pledges to Make Greece ''Eurozone's Pleasant Surprise'' During Thessaloniki Fair
Greece will be the pleasant surprise of the Eurozone, Prime Minister Kyriakos Mitsotakis said on Sunday during the PM's press conference at the 84th Thessaloniki International Fair (TIF).
Mitsotakis did not agree with some pessimistic forecasts in regards to the...
Greece
Pavlopoulos: 'There are no Gray Zones in the Aegean'
The Treaties of Lausanne and Paris show clearly that there are no grey areas in the Aegean Sea, President Prokopis Pavlopoulos said on Sunday, during an event on the island of Spetses where he was declared a honourary citizen.
"From...
Greece
Exclusive: Former Greek PM George Papandreou in His Most Truthful Interview
"I have been a scapegoat but I never cared if I would be reelected" says George Papandreou in a tell-all interview on Greece's bailouts, and the difficult decisions that marked his term and his name. Watch the interview.
Greece
Turkey Accepts the Return of Economic Migrants EU Sources say
Turkey has agreed to accept the return of economic migrants, EU sources on Friday said in exclusive statements to ANA-MPA.
The decision will be included in the statement of the EU summit on Monday in Brussels, they said, adding however...
Economy
SYRIZA MP: Greek Austerity Cannot End Within the Euro Zone
SYRIZA MP Costas Lapavitsas wrote an article in The Guardian claiming that austerity in Greece will not end as long as the country remains in the euro zone.
Lapavitsas is an economics professor at London's School of Oriental and African...
Cyprus
Turkish 'Barbaros' Vessel Enters Cyprus EEZ Zone Without Permission
Cypriot National Defense Minister Christoforos Fokaides said that a seismic Turkish frigate, the "Barbaros," and two additional vessels entered the Exclusive Economic Zone (EEZ) of Cyprus at 6.30 a.m. on Monday.
The Cypriot Government is closely monitoring developments, stated Fokaides,...
Business
President Anastasiades: Cyprus Will Become an Economic Miracle
Cyprus can achieve an economic miracle, stated the President of the Republic of Cyprus Nikos Anastasiades, noting that it has been done before, in 1974.
In his meeting in Doha with businessmen from Qatar and Cyprus, President Anastasiades outlined the government’s...
Greece
Is the Economic Crisis Partially Rooted in "Philotimo"?
Look up the Greek word philotimo and you will find one of the longest entries in your dictionary. Ask a Greek what he means by philotimo and you will see this dictionary entry personified. The individual you have chosen...