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Deposit outflow reaches 4 bln euros since the start of 2017Greek banks have seen liquidity of about 4 billion euros flow out of the local credit system since the start of the year.Senior bank officials say that most of the funds that had returned to the banking system last year have now been lost again. There is additional concern over so-called “new money” that is not affected by the capital controls and can easily be removed from the local system.
Heard work on netting the embankment on the Agia Eirini - Agios Yeorgios road is well underway.
Self-professed multi-billionaire who promised to pay off Greek debt with bearer bonds convicted of embezzlementA highly controversial figure that emerged onto Greece's populist-plagued national limelight over the recent period -- by claiming to control or have access to up to 600 billion euros worth of bearer bonds -- was handed a eight-year jail sentence on Friday for felony embezzlement.The same sentence was handed down to Artemis Sorras' wife by a court in the western port city of Patras, along with a five-year suspension of the pair's right to vote or stand in elections in Greece.Sorras, who has also founded a quirky political vehicle known as the "Assembly of Greeks", was convicted in absentia, as neither he nor his wife - or even a legal representative - was in court. The neophyte political party collected a fee from new members, who were often initiated into the party by taking an oath to an Olympian god en masse, often at impromptu ceremonies held at well-known archaeological sites and monuments.
Donald Trump fuels diplomatic row with Britain after apology from US officials over GCHQ wiretapping claims Donald Trump remained unrepentant amid a diplomatic row with Britain on Friday, hours after US officials made a formal apology for accusing GCHQ of helping Barack Obama spy on the then presidential candidate.
Merkel handshake offer to Trump falls on deaf earsDonald Trump and Angela Merkel did shake hands - eventually - in their White House bilateral, after Mrs Merkel's initial attempt to press the presidential flesh appeared to fall on deaf ears.
Girl aged 11 set to become Britain’s youngest mother