Greece
Economy
Stathakis: Gov't Wants to Close All Pending Issues at Next Eurogroup; Plan for New DESFA Tender
The government aims to close all pending issues in Greece’s second program review at the next Eurogroup, Energy Minister Giorgos Stathakis said in an interview with newspaper Alithines Edeseis on Saturday, adding that he is in favor of a...
Economy
Tsakalotos, Stathakis Meet with Bank Managers Over ADMIE Sale
The actions needed to ensure the timely conclusion of the privatisation of the country's power grid operator ADMIE were discussed in a meeting between Finance Minister Euclid Tsakalotos, Environment and Energy Minister Giorgos Stathakis, along with the management of Greece’s...
Economy
George Stathakis: Government Is Discussing Road Map on Loosening Capital Controls
The government is discussing a road map on loosening capital controls, Economy Minister George Stathakis said in an interview with Star TV late on Monday.
Stathakis underlined that the participation of the Greek banks in ECB quantitative easing programme, the...
Economy
Economy Minister George Stathakis Refutes Reports on Greek Debt Sustainability
Economy Minister George Stathakis called "out of place" and "misleading" reports on an alleged "reversal of the Greek government’s position on the debt."
According to reports, Stathakis speaking on Tuesday at the Greek-German Business Forum organized by the Economist in...
Economy
Economy Minister Stathakis Says that Economic Stability Will Pave the Way for Debt Restructuring
"Today we start talks to complete the first review," Economy, Development and Tourism Minister George Stathakis said on Wednesday.
Addressing a "Digital Economy Forum 2016 - The restart is digital," organized by the Federation of Information Technology and Communications Enterprises...
Greece
Stathakis Confident in Government in the Face Of Pension Reforms
The vote on pension reforms will not shake the government's majority, Economy Minister George Stathakis predicted on Sunday while talking on the "Mega Weekend" television show. Defending the government’s approach, he said SYRIZA’s Parliamentary group would support the changes.
He...
Economy
Economy Minister Stathakis Predicts Agreement with Institutions by Saturday
Greek Economy Minister Giorgos Stathakis on Wednesday predicted that an agreement with the Institutions will be achieved by Saturday, with such a likelihood marking a positive development in the process for recapitalizing Greece's systemic banks.
His comments came after the...
Economy
Greek Economy Minister Stathakis Unveils Plans for Borrowers' 'Safety Net'
Laws creating a permanent "social security safety net" to support vulnerable bank debtors will be prepared by next November, Economy, Development and Tourism Minister George Stathakis said in an interview with the Sunday edition of the newspaper "Ethnos".
Outlining the...
Greece
Greek Journalist Aris Stathakis Passes Away
Aris Stathakis passed away today, June 13, at the age of 71 after facing health problems for many years. He was a famous Greek automotive reporter that has been credited with teaching Greeks to wear their seatbelts. His insistence...
Greece
The 200 Greeks Executed by Nazis on May Day
On May 1, 1944, 200 Greek communists were executed by the German Nazi forces occupying Greece during the Second World War. The executions were initiated as a reprisal for the killing of a high-ranking German officer by Greek resistance...
Energy
Greece Vows to Impose Strict Environmental Criteria for Drilling Off Crete
Greece is set to impose strict environmental criteria for oil and gas drilling off Crete, high-ranking officials assured the public following Thursday's agreement with multiple petroleum companies to research and exploit natural resources there.
Prime Minister Alexis Tsipras assured reporters...
Diplomacy
Greece Signs Historic Agreement To Explore Natural Resources South of Crete
Greece signed a formal agreement on Thursday with the companies ExxonMobil, Total and Hellenic Petroleum (ELPE) to research and exploit the natural resources located south and west of the island of Crete, in the Mediterranean Sea.
Many high-ranking officials, including Greek...
Business
Geostrategic Powerplay Hinders Massive Chinese Investment in Greece
The decision recently taken by Greece's Central Archaeological Council (KAS) to declare a large part of Piraeus a site of archaeological interest is putting up barriers on a 600-million-euro investment by China's Cosco shipping giant.
The Chinese government has shown...
Energy
Environmental Organization Warns of Risks in Greek Plans to Drill Off Crete
The Greek office of the World Wildlife Fund (WWF Hellas) issued a statement on Wednesday warning of ''huge environmental and economic risks to the detriment of Crete and the rest of Greece.''
The remarks came as Greek authorities are proceeding...
Greece
Greek Government Gives Green Light to Cremation Facility in Athens
After years of delays following opposition from the Greek Orthodox Church, Environment and Energy Minister Giorgos Stathakis signed a decision last week paving the way for the construction of Greece's first cremation facility.
The facility will be in the area...