Enhanced surveillance and junk status
After 11 years, three bailouts, untold suffering and heavy sacrifices by the Greek people, Greece is still under a regime of enhanced surveillance by the European institutions.
After 11 years, three bailouts, untold suffering and heavy sacrifices by the Greek people, Greece is still under a regime of enhanced surveillance by the European institutions.
New cases of the coronavirus jumped to 20,361 for the 24-hour period ending 3 p.m. on Monday from 10,853 on Sunday, while deaths rose to 78 from 72 the day before.
Greece’s foreign ministry said on Monday two Greek expatriates were killed and another two seriously injured in an incident involving Ukrainian soldiers in the country’s east near the front line of the conflict with pro-Russian separatist forces.
Prime Minister Kyriakos Mitsotakis on Monday chaired a meeting focusing on the developments in Ukraine and the possible scenarios for ensuring the security of Greece’s natural gas supplies.
Turkey’s development of a homegrown drone industry and its active deployment of such aircraft in the Aegean Sea are a cause of concern for Greece’s armed forces, which are seeking ways to counter their presence.
Greek-Turkish relations are not moving forward. The prime minister may have started his administration believing that progress could be made, but today the impasse is obvious and no light can be seen at the end of the tunnel.
Greek borrowers face the risk of interest rate hikes, which will raise the cost servicing debts to banks. At a time when the cost of living is going up due to the growth in energy rates and inflation, many debtors must also factor in the likely increase of their loan installments.
American Ambassador Geoffrey Pyatt on Monday affirmed US solidarity with Greece against Turkish claims disputing the country’s sovereignty over its eastern Aegean islands.
Many analysts have suggested that the chaotic US withdrawal from Afghanistan emboldened Russian President Vladimir Putin to move toward Ukraine, exploiting the perceived weakness of the West.