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Aegean Marine Petroleum (NYSE: ANW), founded by Dimitris Melissanidis and the shares of which trade on the New York Stock Exchange, has recently been the subject of intense criticism by analysts and shareholders.

The presence of the US warships, which are scheduled to remain in the region until 25 March, is not officially related to the impending oil and gas drilling by ExxonMobil in Block 10 of Cyprus’ EEZ. However, they will remain in the region during the first stage of drilling, and constitute a clear message to Ankara.

In an effort to transcend the reluctance of banks to resort to extra-judicial mechanisms for the repayment of overdue loans of businesses that are under 20,000 euros in value, the government is mulling allowing such debtors to pay in 120 instalments, but only for debts to tax offices and insurance funds.

The prime minister asked that the UN convey to the Turkish side the message on the need to have a swift, positive outcome in the case, with the freeing and return of the two Greek army officers.

There is an uproar in the opposition and charges of party patronage over the government’s decision to appoint Fragiskos Koutentakis, until now the general director of fiscal policy at the finance ministry, as the new director of the Parliamentary Budget Office. Upon the recommendation of Parliament Speaker Nikos Voutsis, Koutentakis will replace Panagiotsi Liargovas, whose […]

Sources say that Papadopoulos did not deny that the General Directorate for Defence Investments and Armaments of the defence ministry at first harboured reservations during negotiations regarding his power of attorney from the Saudis.

A surprise collaboration is apparently in the offing between Hellenic Petroleum (ELPE) and the Spanish energy company Repsol for hydrocarbons exploration in Greece’s ‘Exclusive Economic Zone (EEZ) blocks in the Ionian Sea and south of Crete.

“Test our resolve. We are kindly asking Greece to set foot on the Imia islets. If that happens, we will defend them to the death, from the moment that Erdogan gives the order” Bulut declared.

Nikos Paraskevopoulos was making use of a law passed by the Syriza-Independent Greeks coalition that offered rent subsidies to ministers who are not MPs

Two Greek military officers who were on patrol in the Evros border region were arrested yesterday by Turkish forces and are to stand trial in Turkey. The Greek patrol was on the land region near the Evros River, and reportedly veered off course because of bad weather conditions. There was heavy snow and it was […]

Effectively, Kouvelis will act as Prime Minister Alexis Tsipras’ eyes and ears at the ministry, at a time when Greece is confronted with mounting aggressiveness from Turkey, as is Cyprus.

The main types of foods that end up in the trash bin are fruit (24.9 percent of the total), cooked food (24.5 percent) , green groceries (14.9 percent), breads (13.6 percent), and milk products (11.3 percent).

“There is an arsenal of new tools for reducing non-performing loans (NPLs),” Dragasakis said, while further noting that the government does not rule out the creation of a 'bad bank'.