XpatAthens

XpatAthens

The national meteorological service EMY has announced that the weather will take a turn for the worse over the weekend, when the critical general elections are scheduled.

According to EMY the west, east and southern party of the country will experience rainfall and occasional storms, while the rest of the country will see overcast skies with sporadic showers. Mountainous regions may see localized snowfall.

The westerly winds will be strong, measuring between 20 and 50 Km/h in most parts of the country. In the eastern parts of the country, particularly in the Aegean, the south southwesterly winds may exceed 70 Km/h.

To read more, please visit tovima.gr/en

A request filled by the Greek Copyright Protection Society (AEPI) for internet providers to block access to torrent files has been rejected by the Greek courts. According to the court ruling, the AEPI request is deemed excessive in its scope and violates the principle of proportionality, as it would not only block potentially illegal activities, but also many legitimate practices.

Furthermore the courts argued that the measures which AEPI requested violate the freedom to information and privacy of communication, among others. The EU’s Charter of Fundamental Rights is also infringed, as AEPI’s request conflict with ISPs rights to entrepreneurship and the principle of net neutrality.

The courts also commented in the ruling that the violation of intellectual property is less of a concern to the creators themselves and more of a concern for the culture industry.

To read more, please visit tovima.gr/en

Thursday, 19 February 2015 13:30

Greece Needs Debts Cancelled And Growth

As economists, we note that the historical evidence demonstrates the futility and dangers of imposing unsustainable debt and repayment conditions on debtor countries; the negative impact of austerity policies on weakening economies; and the particularly severe effects that flow on to the poorest households.

We therefore urge the troika (EU, European Centra Bank and IMF) to negotiate in good faith with the Greek government so that there is a cancellation of a large part of the debt and new terms of payment which support the rebuilding of a sustainable economy. This settlement should mark the beginning of a new EU-wide policy framework favouring pro-growth rather than deflationary policies (Report, 14 January).

We urge the Greek government to abandon the austerity programme that is crushing economic activity and adopt a more expansive fiscal policy setting, targeting immediate relief from poverty and stimulating further domestic demand; to launch a fully independent investigation into the historic and systemic failure of the Greek public financial management processes (including any evidence of corruption) that led to the accumulation of debt, the disguising of the size and nature of the debt and the inefficient/ineffective use of public funds; and to consider the establishment of a judicial body or alternative mechanism that is independent of government and charged with a future responsibility of investigating corruption from the highest to lowest levels of government.

To read more, please visit theguardian.com

With just a few days to go before critical snap elections, the two main parties are battling for undecided voters and the center ground, with Prime Minister Antonis Samaras expected to emphasize the risks of a SYRIZA government in campaign speeches today.

Meanwhile, ahead of a crucial European Central Bank meeting where a bond-buying program and emergency liquidity assistance (ELA) for banks are to be discussed, Samaras said he had spoken with ECB President Mario Draghi.

“My chief concern is the bolstering of the banking system and of the economy,” Samaras said, referring to the request by Greece’s systemic banks to be granted ELA access.

Following appearances in eastern Attica and the southern coastal suburbs of Athens Tuesday, Samaras is due in Thessaloniki Wednesday, where he is to stress the pivotal nature of the pending elections for the country’s course in Europe.

The remainder of New Democracy’s campaign is to focus on the “Samaras versus Tsipras dilemma,” sources indicated Tuesday, referring to SYRIZA leader Alexis Tsipras. ND party secretary Andreas Papamimikos Tuesday appealed to “people of the reformist center” who, he said, “must realize that there is no leeway for third or neutral votes.” “These elections are all about who is going to come first,” he said.

To read more, please visit ekathimerini.com

Thursday, 19 February 2015 13:29

Greek Premier Promises Tax Cuts, Security

In the final straight of campaigning ahead of critical snap elections on Sunday, Prime Minister Antonis Samaras on Monday promised tax cuts and cast New Democracy as the safe choice for Greece opposite an inconsistent SYRIZA.

In a speech before the Athens Chamber of Commerce and Industry last night, Samaras said an ND administration would gradually reduce the corporate tax rate to 15 percent from 25 percent and scale back a unified property tax (ENFIA), starting with a 7 percent cut this year.

He lashed out at SYRIZA for a lack of clarity on tax pledges – he claimed the leftists would impose a “barrage of taxes” despite their claims to the contrary – and slammed the party’s plans to rehire sacked civil servants and reverse privatizations.

SYRIZA officials, for their part, insisted the party would introduce a fair tax system and crack down on large-scale evaders along with corruption.

Meanwhile, amid speculation about potential alliances, PASOK leader Evangelos Venizelos told Italian newspaper La Stampa he could work with SYRIZA’s leader. “Tsipras is like Harry Potter but if necessary we will cooperate with them,” he said.

To read more, please visit ekathimerini.com

Thursday, 19 February 2015 13:28

Economists: Greece Will Stay In The Eurozone

That’s the view of economists in a Bloomberg survey as the anti-austerity SYRIZA party appears set to take power after elections on Jan. 25. They say there’s an 80% chance that Greece sticks with the euro even if Alexis Tsipras forms a majority government. More than half of respondents see Greece getting debt relief, whoever wins.

There’s a 15% chance Greece will leave the 19-nation currency union if Tsipras forms a coalition government with one of the centrist parties, the Bloomberg survey shows. That compares with 5% under an alliance led by New Democracy.

The risk increases to 20% if SYRIZA gets an overall majority, compared with 5% under a New Democracy majority, the poll shows.

A victory for Tsipras, either alone or in coalition, would result in debt relief for Greece, according to 87% of those polled, while 57% said the same of a Samaras victory.

“Compromise is not as hard as it looks,” said Alan McQuaid, chief economist at Merrion Capital in Dublin. “SYRIZA does not have a democratic mandate to take Greece out of the single currency. It may have to form a coalition to govern, requiring compromise even on its flagship policy. And Europe can give.”

To read more, please visit thetoc.gr/eng

Thursday, 19 February 2015 13:27

E-Ticket System Will Make Ferry Travel Easier

Welcome to the digital age, albeit with a short delay - as is the case with all things digital in Greece. E-ticketing is already the norm in international traveling, now it's slowly making its way into local tourist transactions too.

Merchant Marine Minister Miltiadis Varvitsiotis paved the way for the launch of the system with a decision, which - once finalized - will enable travelers to use their smartphones to book, purchase and print their own boarding pass online.

According to reports, coastal shipping insiders view the decision as a positive step that will facilitate travel, adding that it will however require ferry companies to draw up an unified system of ticket control.

To read more, please visit thetoc.gr/eng

By Theo Ioannou

Thursday, 19 February 2015 13:26

Seaplane Flights In Greece To Commence In 2015

“2015, if all goes well, will be the year that Greeks could fly almost everywhere by seaplane,” said president and CEO of Hellenic Seaplanes Nikos Charalambous. More than 40 water airports across Greece are currently at the final stages of development, said Charalambous.

The nationwide water airports network will create many jobs, will boost the tourism industry and help in patients’ transportation.

As far as the new hydroplane routes and the prospect of foreign investments, Charalambous noted that “Greece can become a Maldives in Europe. It is a destination tourists from across the world want to visit. Investments in tourism will not stop, whether we remain in the Eurozone or return to the drachma. What is required is to project the right image to the rest of the world. Efforts made to attract foreign investments should not stop every time we have political developments.”

Regarding the cost of transportation, travel by seaplane will not be very expensive. For a half hour route, for example from Athens to Serifos, or Kos to Naxos, or Rhodes to Sitia, tickets are estimated at 75-80 euros. For a similar trip by conventional means of transportation, one should calculate costs to and from the airport, i.e. 35 euros to El. Venizelos airport, 22 euros from the Kos airport to the city of Kos, or 20 euros to Rhodes Airport.

To read more, please visit greekreporter.com

By Philip Chrysopoulos

Thursday, 19 February 2015 13:25

Troika Plans To Come To Greece In March

Finance Minister Gikas Hardouvelis said on Tuesday that a “mini” extension of the Greek bailout program appears likely due to the time needed for the creation of a new government following the national elections on January 25. It could take until February 28 before the political situation in Greece stabilizes.

The elections mean that it is unlikely that the Troika of Greece’s international creditors from the European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF) would visit Greece until March.

Sources of Protothema.gr state that Greece’s creditors are being pressured to complete the Greek review due to Finnish elections on April 19. The Finnish government held a hard line against the first support program calling for Greece to provide collateral as had been the case with Finland when it had been forced to undergo a similar program. After all, Finnish Olli Rehn had been the European Economic and Monetary Affairs commissioner who had handled the debt crisis in Greece.

Greece’s lenders are reluctant to open a new front with Athens and troika so as not to disrupt the Finnish pre-election period when it is in its crescendo.

To read more, please visit en.protothema.gr

The main opposition party SYRIZA has a steady 2.6% lead over the governing New Democracy party, according to the latest survey conducted by Kapa Research for the Sunday edition of To Vima. New Democracy has been banking on the popularity of Antonis Samaras and conflicting statements made by opposition candidates, while SYRIZA appears to have taken full advantage of the fragmentation in the Center Left.

When asked which party they intend to vote for in the upcoming general elections, the respondents answered the following:

SYRIZA – 28.1%
New Democracy – 25.5%
The River – 6.5%
Golden Dawn – 5.4%
PASOK – 5.2%
KKE – 5%
Movement of Socialists Democrats – 2.8%
ANEL – 2.6%
Other party – 4.1%
Blank vote – 2.2%
Undecided – 12.6%

Irrespective of how they intend to vote, a 63.4% of respondents believe that SYRIZA will come first, compared to 29.1% who believe that New Democracy will prevail (7.1% were uncertain and 0.4% believe it will be another party).

To read more, please visit tovima.gr/en

Page 378 of 436