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IMF watchdog critical of Fund΄s handling of Greek programme, Euro crisis The IEO criticized "overly optimistic growth projections," especially in the case of Greece. The independent watchdog also said the IMFs leadership had allowed the judgements of its technical staff to be subjected to political pressures from an early stage.

IMF report justifies government views, Finance Ministry officials say

The officials noted that the report confirmed -once more- that a debt restructuring was not agreed because European banks were "loaded" with Greek bonds.

Eleven face charges over 2003 S-frigate contract; former minister under scrutiny

The contract was signed by Hellenic Shipyards in Skaramangas, with the company Thales Nederland B.V. as subcontractor, and the defence ministry in 2003.

Eurozone growth slows, unemployment stagnates

Eurozone growth slows, unemployment stagnatesEconomic expansion in Europes currency union dived in the second quarter amid concerns over the potential fallout from the Brexit referendum. But the jobless rate hovered at the same level as in the previous quarter.

EU concerned about Turkeys path to dictatorship

EU concerned about Turkey΄s path to dictatorshipThe deal on refugees could be one of the first victims of a potential fallout between the Union and Turkey while high ranking EU officials warn that the reinstatement of the death penalty would mean the immediate end to the countrys accession talks.
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PM flying to island of Paros to inaugurate new airport

A very important and long-overdue project that is expected to significantly boost the tourism potential and the image of the island

Turkish officers granted extension from greek asylum service

They had fled to Greece after the failed coup attempt.

Governmental plan to ameliorate austerity effect on the weakest

It is based on seven "pillars" ranging from supporting poorer pensioners and protecting workers rights to providing housing for the poor and reforming the education system.

TRAINOSE privatization price was very low, says companys managing director Tsalidis

Regarding the countrys railway companys sale to its italian counterpart, for 45 million euros.

EU Commission: No fines for overspending in Spain, Portugal

The European Commission has decided not to recommend fines against Spain and Portugal for running high budget deficits. Brussels appeared afraid sanctions would "not have been understood by the public."

90 percent of mastic trees destroyed in raging Chios wildfire

An additional 50 men from the armed forces and the fire brigade were sent as reinforcements to the Aegean island of Chios on Monday, to assist fire fighters in putting out a major fire that has already wiped out 90 pct of mastic gum tree orchards in some the islands villages.
Turkey΄s coup plotters ΄sold each other out΄

Turkeys coup plotters sold each other out

Journalist Ahmet Sik believes Turkeys July 15 military coup attempt failed because the alliance between followers of cleric Fetullah Gulin and other segments of the military fell apart.
Gulen versus Erdogan battle spills over into Germany

Gulen versus Erdogan battle spills over into Germany

Germanys Turkish population is split after the coup attempt. No love is lost between followers of Fethullah Gulen and Recep Tayyip Erdogan. Leaders of associations connected to the two men are playing down the issue.
Why France again?

Why France again?

To date, France has suffered seven terrorist attacks in which 140 people have been killed. Political scientist and France expert Ronja Kempin explains why France is so often targeted.



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