COMMUNITY
The Greek government formally submitted a request on Thursday for a six-month extension of the country’s EU loan programme in a last-ditch attempt to break the deadlock with its creditors and partners in the euro zone area. However, the biggest creditor, Germany, has rejected Greece’s application, arguing that it doesn’t represent “a substantial proposal for a solution”. A development that has substantially lowered expectations for an agreement to be reached in tomorrow’s meeting of eurozone finance ministers.
Read below the text of the letter sent by Greek Finance Minister Yanis Varoufakis to his Dutch counterpart Jeroen Dijsselbloem, president of the Eurogroup of eurozone finance ministers, requesting an extension of the debt stricken country’s current aid programme.
The letter was seen by Reuters on Thursday:
“Athens, February 18, 2015
Dear President of the Eurogroup,
Over the last five years, the people of Greece have exerted remarkable efforts in economic adjustment. The new government is committed to a broader and deeper reform process aimed at durably improving growth and employment prospects, achieving debt sustainability and financial stability, enhancing social fairness and mitigating the significant social cost of the ongoing crisis.
The Greek authorities recognise that the procedures agreed by the previous governments were interrupted by the recent presidential and general elections and that, as a result, several of the technical arrangements have been invalidated. The Greek authorities honour Greece’s financial obligations to all its creditors as well as state our intention to cooperate with our partners in order to avert technical impediments in the context of the Master Facility Agreement which we recognise as binding vis-a-vis its financial and procedural content.
In this context, the Greek authorities are now applying for the extension of the Master Financial Assistance Facility Agreement for a period of six months from its termination during which period we shall proceed jointly, and making best use of given flexibility in the current arrangement, toward its successful conclusion and review on the basis of the proposals of, on the one hand, the Greek government and, on the other, the institutions.
The purpose of the requested six-month extension of the Agreement’s duration is:
(a) To agree the mutually acceptable financial and administrative terms the implementation of which, in collaboration with the institutions, will stabilise Greece’s fiscal position, attain appropriate primary fiscal surpluses, guarantee debt stability and assist in the attainment of fiscal targets for 2015 that take into account the present economic situation.
(b) To ensure, working closely with our European and international partners, that any new measures be fully funded while refraining from unilateral action that would undermine the fiscal targets, economic recovery and financial stability.
(c) To allow the European Central Bank to re-introduce the waiver in accordance with its procedures and regulations.
(d) To extend the availability of the EFSF bonds held by the HFSF for the duration of the Agreement.
(e) To commence work between the technical teams on a possible new Contract for Recovery and Growth that the Greek authorities envisage between Greece, Europe and the International Monetary Fund which could follow the current Agreement.
(f) To agree on supervision under the EU and ECB framework and, in the same spirit, with the International Monetary Fund for the duration of the extended Agreement.
(G) To discuss means of enacting the November 2012 Eurogroup decision regarding possible further debt measures and assistance for implementation after the completion of the extended Agreement and as part of the follow-up Contract.
With the above in mind, the Greek government expresses its determination to cooperate closely with the European Union’s institutions and with the International Monetary Fund in order: (a) to attain fiscal and financial stability and (b) to enable the Greek government to introduce the substantive, far-reaching reforms that are needed to restore the living standards of millions of Greek citizens through sustainable economic growth, gainful employment and social cohesion.
Sincerely,
Yanis Varoufakis
Minister of Finance
Hellenic Republic”
Article written by LGR
The roll call vote for a new President of the Republic took place in Parliament on Wednesday and as expected, the government-sponsored candidate Prokopis Pavlopoulos (pictured) was elected with an overwhelming majority.
The new President received 233 votes (from SYRIZA, the Independent Greeks and New Democracy), while the River and PASOK-nominated candidate Nikos Alivizatos received 30 votes and 32 MPs (KKE and Golden Dawn) decided to abstain.
Of the 300 MPs only 295 voted, as SYRIZA’s Yannis Michelogiannakis and Anna Gaitani and from New Democracy Kyriakos Mitsotakis, Alexandros Kontos and Savvas Anastasiadis were absent.
After the election, Mr. Alivizatos congratulated the new President and wishing him well in his new role. Mr. Alivizatos also expressed the hope that the new President will be a guarantor of democratic normalcy and not a passive observer of political developments.
The new President commented that the highest honor has turned into the greatest duty and stressed the four principles of the Presidential oath; strict adherence to the Constitutions, defending national sovereignty, protecting the vulnerable and the public interest. Mr. Pavlopoulos argued that “we are struggling with the other European people not just for us, but for Europe itself”.
Article written by To Vima
The President of the European Commission, Jean Claude Juncker and the President of the Republic of Cyprus, Nikos Anastasiades held a friendly and fruitful meeting and reviewed different issues on the agenda of the informal European Council, which takes place here today.
They discussed the economic situation in Europe and in Cyprus.
President Anastasiades referred to the efforts made by Cyprus in the context of the Economic Adjustment Programme and they both agreed on the need to continue with the reform momentum.
They agreed that the Eurozone must continue to be based on solidarity in return for solidity.
They also discussed the Cyprus settlement process and Juncker expressed his support to the negotiations that should take place in a conducive environment. Both Presidents share the same vision for a reunited Cyprus.
Article written by CNA
Eurogroup chief Jeroen Dijsselbloem (pictured) dismissed on Friday calls by the Greek government for an International conference that would deal with Greece’s external debt problems.
Such a forum already exists, Mr. Dijsselbloem told reporters in a tense Press conference following a meeting with Greece’s PM and Finance Minister in Athens, and “it’s called the Eurogroup, as you know.”
Furthermore, he strongly advised the Greek government against showing indifference to the country’s international obligations arising from its bail-out agreements.
“Ignoring the compromises is not the road to follow,” the Eurogroup’s chief stressed.
Article written by LGR
Nicosia looks forward to Monday’s visit to Cyprus by the newly elected Prime Minister of Greece Alexis Tsipras, Government Spokesman Nikos Christodoulides has said, expressing certainty that discussions during the visit will once again prove the close long-standing cooperation between Cyprus and Greece.
According to Christodoulides, the Cyprus problem, the economy, Turkish provocations in Cyprus` Exclusive Economic Zone, as well as many other issues will be on the agenda of the talks between President Nicos Anastasiades and the Greek Premier.
The Government Spokesman said that Tsipras is expected to arrive on Monday morning. He will have a private meeting at the Presidential Palace with Anastasiades, to be followed by a meeting of the delegations of the two countries and statements to the press. Furthermore, he added, the Greek Prime Minister will have meetings with Cypriot parliamentary parties.
Asked if the two governments will further coordinate their actions with regard to the issue of EU sanctions against Russia, the government noted that during the meeting on Thursday of the EU Foreign Affairs Council “the vast majority of EU member states, even the bigger states, shared the same view as Greece and Cyprus, as regards way of approaching ans solving this problem.”
Article written by CNA
Greece’s Finance Minister Yanis Varoufakis (pictured) will visit three European Union capitals next week where he will hold talks with his counterparts on his government’s plan to renegotiate the debt stricken country’s bailout deal, according to the statement issued by his office on Thursday.
Varoufakis begins his tour on Monday in London where he will meet with Chancellor of the Exchequer George Osborne.
Article written by LGR

Greek singer Demis Roussos, who became popular in the 1960’s and 1970’s, has died in an Athens hospital at the age of 68. The singer had been in hospital with an undisclosed illness for some time.
Roussos was well known for many songs, including Forever and Ever, Goodbye and Quand je t’aime.
He began his music career aged 17 in a band called The Idols, where he met his future Aphrodite’s Child band mates.
His band mate Vangelis paid tribute with a touching message: “Demis my friend. Nature gave you this magic voice of yours which made millions of people around the world very happy”. He continued: “As for me, I keep those special memories that we share together those early days and I wish you to be happy wherever you are”.
Greek singer Nana Mouskouri paid tribute on French radio: “He had a superb voice, he traveled in the world … he loved what he was doing”.
Article written by London Greek Radio
British High Commissioner in Cyprus Ric Todd has pointed out that the British Government supports efforts to bring the tragedy of the missing persons in Cyprus to a close, acknowledging the importance of trust and respect between the two communities in a viable Cyprus solution.
According to a press release issued by the British High Commission, Todd met on Monday with a delegation of the Community Council of the occupied village of Ashia. Speaking during the meeting, the Commissioner said that the relatives of the missing persons in Cyprus can always rely on the UK to keep raising the humanitarian issue, adding that every day he is struck by how extremely close the human ties between Cyprus and Britain are.
Furthermore he expressed the full support by Britain to the work of theCommittee on Missing Persons (CMP). Todd expressed his gratitude to the relatives of the missing of the village of Ashia, for their presentation noting that “diplomats have to remember”.
The delegation presented the HC with a petition.
According to the recent report of the UN Secretary General on the United Nations operation in Cyprus, as at 18 December 2014, the Committee’s bicommunal teams of archaeologists had exhumed the remains of 948 missing persons on both sides of the island and the remains of 564 individuals have been returned to their respective families, including 135 during the reporting period (June-December 2014). The total number of missing persons identified in 2014 now stands at 157, the highest in any given year, it is noted.
Cyprus has been divided since 1974, when Turkish troops invaded and occupied 37% of its territory.
Article written by

Michelle Janes (Abstract Artist)
I was so pleased that one of my favorite pieces was snapped up at a recent charity event at the Cypriot Community Centre in Wood Green.
“Emerald Light” is an optimistic vision where colour rather than substance was applied to achieve what some admirers have called “exuberant”.
The finished product was adapted from the original abstract painting to create a limited edition print. I decided to print on a diasec format in order to achieve the maximum gloss effect … a face mounting process that allows photographs to be bonded directly and permanently to Acrylic sheet.
The art work was Photograhed by the World famous firm John Jones and mounted by Kay mounting.
The piece was sold to a private buyer at the annual dinner dance of a charity which raises funds for children with special needs. The Chairman of SYNDESMOS ATOMON ME EIDIKES ANANGES John Kyriakides was delighted with the sale and commented afterwards “the proceeds will help to pay for social excursions and activities which mean so much to the children .”
The dinner was attended by local dignitaries and to all accounts was a great success.
Article written by Michelle Janes (Abstract Artist)