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ENGLISH EDITION

ENGLISH EDITION

PM Mitsotakis at Thessaloniki Summit: EU accession path for western Balkan countries includes reforms

"Good accounts make for good friends," Prime Minister Kyriakos Mitsotakis said addressing himself to North Macedonia and Albania with a Greek saying, in an address at the 4th Thessaloniki Summit on Thursday. As Mitsotakis clarified, he wanted to be honest and convey to the two neighboring countries that the path to EU accession includes reforms that must be made.
ENGLISH EDITION

Saudi Minister Al-Jubeir: Greece and S. Arabia can expand trade and investments  

Greece and Saudi Arabia can do better in trade and investments, visiting Saudi Minister of State for Foreign Affairs Adel al-Jubeir said in a press conference on Wednesday, as "the size of investment and trade relations does not correspond to the closeness of the two countries." The Saudi minister said that "Greek businesses are active in Saudi Arabia in several sectors, as, correspondingly, our businesses in Greece are, and we want to see how we can expand and enrich this relationship."
ENGLISH EDITION

As Hercules bad loan plan delays, Greece loses another year

Completion of the Hercules plan, a proposal being put together by the Greek government to help banks offload nonperforming loans, has been pushed back to 2020, in a development that is also delaying other initiatives by banks to improve their balance sheets. Due to uncertainty stemming from the Hercules proposal, Greek lenders are unable to complete steps they have already announced and prepared 12 months ago, such as the Eurobank - Pimco deal.