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Archive - Apr 2015

April 6th

Greece will meet its obligations to the International Monetary Fund

06 April 2015 / 10:04:25  
Or at least this was what was stated by Minister of Finance Yanis Varoufakis, who met with Executive Director of the Fund Christine Lagarde at noon on the Catholic Easter day.


Fort Roupel – a tourist destination

05 April 2015 / 21:04:02  
21 forts, former parts of the defensive Metaxas Line, have become a tourist attraction on the 74th anniversary of the battle against German invaders during WW2


April 5th

Bankrupt Greece shells out €500 million for military aircraft

05 April 2015 / 18:04:23  
The contract is with the US Lockheed, which received $45 million down payment, and the agreement itself is worth $500 million


Varoufakis on a visit to Washington, in a desperate attempt to obtain funding

05 April 2015 / 15:04:02  
The Greek finance minister will try to convince Christine Lagarde to soften the IMF position during negotiations; according to a European source, Greece and its creditors have found a compromise on the main issues


SYRIZA encroaches on private TV as well

04 April 2015 / 21:04:14  
The government insists that private channels pay a charge for frequencies, in turn the televisions believe that this charge is offset by the free advertising of political parties they provide during election campaigns


April 4th

Cabinet reshuffle, referendum or bankruptcy

04 April 2015 / 17:04:35  
A report by Deutsche Bank argues that negotiations have stalled over clashes on three main issues: employment, the financial deficit and privatisation


The government dusts its coffers for the bottom penny

04 April 2015 / 16:04:42  
In order to scrape together some funds, the government delays payments, makes attempts to divert funds from NSRF programmes intended for the regions, and urges state-owned companies to invest in government securities