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PPC needs two billion euro to be saved. Where will it find this huge sum to ensure its viability?

The event drew international interest and religious, political, academic, diplomatic, and business figures from around the world attended.

'There is a weighty moral obligation of anyone who achieves great things in a land to offer as much as possible to its society,' said Piraeus City Councilman and Olympiacos FC owner Evangelos Marinakis.

'The European Council endorses the invitation to the Commission and the EEAS to submit options for appropriate measures without delay, including targeted measures,' the summit conclusions stated.

The abandonment of plans for a Cyprus settlement combined with the fact that Turkey is distancing itself from the EU with Erdogan's tougher stance are swiftly moving toward a final divorce that will not be smooth.

Angelis alleged that the minister he calls Rasputin ordered prosecutors to file charges without following criminal procedure and without collecting adequate evidence.

The charges of the Greek Council for Refugees should be investigated in depth by the competent organs of the state, which must attribute responsibility.

Top politicians – including three former prime ministers – were targeted with allegations of corruption and loads of mud was slung at them.

It is absolutely necessary to tone down the rhetoric and to not give the impression that Ankara’s sabre-rattling can influence Greek domestic politics.

'We are attempting to de-escalate tensions in the Aegean - which entail dangers of an accident – with continuing discussions on implementation of Confidence Building Measures (CBMs) agreed to over the last decades.'

The Red-and-Whites grew up in Vangelis Marinakis hands and are becoming enormous, evolving into a technocratic power having long transcended the athletic framework

The report notes the unwelcome rescinding of an agreed to pension cut that was to have taken effect on 1 January, 2020.

Sources said that Kalogritsas was unable to receive letters of credit from Attica Bank and from the Public Works Engineers-Contractors Fund (TMEDE).

At a moment that Turkey is courting Tehran, what role will Ankara play in the strife between the US and Iran? What quid pro quo will it seek if Washington requests its assistance?

Erdogan is pushing the envelope in his relations with the US, in contrast to his predecessors who were dedicated allies of the American superpower.

'It should be noted that in the highest echelons of the judiciary everyone knows who Rasputin is but they are afraid of naming him for obvious reasons,' Angelis wrote.

Political parties have a duty to leave the central banker’s observations out of their political game and not to target them as being the product of ulterior motives.

On 10 June, the Cypriot daily Phileleftheros reported that Nicosia has issued international arrest warrants for 25 individuals linked to Turkish Petroleum’s illegal offshore drilling in Cyprus’ EEZ.

Turkey’s intentions must be viewed from the vantage point of both its expansionist agenda and the desperation emanating from the state of the Turkish economy.

'Turkey may quite possibly send a ship to a portion of the continental shelf which Greece considers Greek and Turkey considers Turkish,' the former PM Simitis stated.

No other government promised so much only to break one after another of the pledges that it handed out right and left.

After defeating SYRIZA by nearly ten percentage points in the 26 May European Parliament election, Mitsotakis hopes to ride the wave of what George H.W. Bush had famously called “the big mo”, political momentum.

It is well known that the Tsipras administration was the most pliant and convenient of all bailout memorandum-era governments for the country’s creditors.

Although Justice Minister Michalis Kalogirou initially defended the original version, he backed down after at least five SYRIZA MPs said that they would vote down the provision as tabled.

In Greece, the PM and his government are opening a budget gap of billions of euros with measures they announced a few weeks before the election.

Specifically, the report underlines that the measures announced by the PM jeopardise primary surplus targets for 2019 and subsequent years.

The government’s basic argument that after the completion of the third bailout programme the economy would turn a page has been belied by events.

'The chances of the climate changing until then are minimal. The opinion polls point to a clear victory for opposition leader Kyriakos Mitsotakis,' the report concluded.

During its four years in power the ruling party created dissatisfaction with the government’s policies in society and a loathing of the government itself.

The residents of Greece’s great port city embraced and rewarded Marinakis, recognising his contributions to the city for which he has always shown a passionate dedication.

It is obvious that voters had already condemned the government in their conscience before they did so at the ballot box.

According to official Interior Ministry returns, candidates supported by New Democracy secured a clear lead in six of the seven prefectural run-offs today

The entire economy has fallen victim to over-taxation, for which the government opted so to collect funds for electoral handouts at the end of its term.