News archive of July 2014

A new era

It must have been a very difficult decision to make. The presidency of the Turkish Republic must have been a very attractive post for a politician, even if he might have been exercising far more powers than the president as the prime minister.

The forgotten islands of Turkey: Marmara

In the Sea of Marmara lies the Island of Marmara, unfettered and nearly forgotten, it remains an authentic safe haven away from tourists, touristic things; yet full of a tourist’s dreams When you ask people about the islands in Turkey, they generally come up with just two or three islands: Bozcaada, Gökçeada and the Prince’s Islands.

Police, armed forces secure pledge for salary return

Alternate Finance Minister Christos Staikouras on Tuesday promised representatives of the police and armed forces that the government will compensate them within this year for the cuts they have suffered to their salaries since August 2012.

JPMorgan Chase head arrives for a two-day visit

By Ilias Bellos

Jamie Dimon, the chairman and chief executive officer of JPMorgan Chase, is expected to arrive in Athens on Wednesday for a two-day visit and will likely meet with Prime Minister Antonis Samaras in the afternoon. He will also hold meetings with a number of Greek bankers, entrepreneurs and shipowners.

OTE submits offer to Forthnet for its Nova pay-TV platform

By Vangelis Mandravelis

OTE, Greece’s dominant telecoms company, announced on Tuesday it has submitted a non-binding proposal to alternative fixed-line operator Forthnet for the acquisition of its market-leading pay-TV platform Nova for 250-300 million euros.

Economic sentiment goes up, but PMI comes down

The Economic Sentiment Index compiled by the Foundation for Economic and Industrial Research (IOBE) climbed to a six-year high in June, reaching 103.7 points, a level unseen since April 2008.

Pending prior actions set for completion

 Athens determined to resolve problems with pharmacists’ profit margins and open-air markets by Friday

By Eleni Varvitsioti

University professor beaten in Thessaloniki for 'criticizing left'

Three youths attacked University of Macedonia professor Nikos Marantzidis in Thessaloniki on Tuesday.

Marantzidis, also an author, was with a student at a local cafe when three young men approached him and voiced their objections to the professor writing articles criticizing the left.

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