News archive of September 2014

Peachy export data despite Russian embargo

Despite the Russian embargo, Greek peach exports have posted major growth so far this year, reaching 141,000 tons from 112,000 tons in the first eight months of 2013, a Development Ministry committee heard on Monday.

Still, peach producers will see their revenues decline this year as prices will drop.

Stress tests begin for lenders

 Banks expect results of the exercise after mid-October, though meetings with ECB should provide good idea

By Yiannis Papadoyiannis

Education minister calls for probe into predecessor's reform plan

Following reports that a plan to reform the tertiary education sector launched in the spring of 2013 failed to lead to millions of euros in savings, Education Minister Andreas Loverdos on Monday called for an immediate assessment of the scheme’s implementation under his predecessor, Constantinos Arvanitopoulos, Kathimerini has learned.

September off to slow start in Greek bourse

September started with marginal losses at the Greek bourse and the fourth-lowest daily turnover this year as investors continued to stay away due to the lack of a clear fiscal landscape ahead of talks between Athens and its international creditors. The revision of the economic contraction during the second quarter by ELSTAT did not help matters either.

Anti-racism bill goes back to Parliament

An anti-racism bill, foreseeing stiffer penalties for individuals and political parties that engage in racism or incite racist violence, is to be debated in Parliament on Tuesday following months of delays amid objections to its provisions, chiefly by conservative lawmakers.

Athens condemns Erdogan comments about Cyprus

Athens reacted angrily on Monday to calls by Turkish President Recep Tayyip Erdogan for a “two-state” solution to the Cyprus problem and claims that Greece is not “doing its duty” as a guarantor power, saying the comments were “disappointing” and “simply confirm Ankara’s persistence in its aggressive policy” on Cyprus.

Government tries to lower hopes ahead of Paris talks

With the launch of talks with the troika in Paris due to begin on Tuesday afternoon, government officials on Monday sought to curb high hopes that have been cultivated in recent weeks, chiefly for potential tax cuts and other incentives for austerity-weary Greeks.

Is It Worth for Azerbaijan to Take a Risk over Bulgaria?

Gas flow from Azerbaijan to Bulgaria has never been more feasible economically, but is hardly plausible from a political perspective, an Azeri think-tank believes.

These comments are part of an article posted on the website Haqqani.az, run by a prominent human rights organization.

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