Athens appeared satisfied, according to government sources, with Tuesday meeting between Greek Prime Minister Kyriakos Mitsotakis and new ECB President Christine Lagarde in Frankfurt, herself an “old hand” in successive…
No less than 45 Turkish warplanes were recorded on Tuesday as infringing on Athens FIR regulations and Greek airspace, with 16 engagements reported between the former and Greek fighter planes…
Pancreta Bank has entered into exclusive negotiations with Praxia Bank, as of Monday, with the former tabling a non-binding offer, an official announcement noted. Necessary due diligence processes will be…
A Lamda Development share capital increase was covered by roughly 1.1 times by the deadline on Monday, with the Athens-based and ATHEX-listed real estate developer draining 650 million euros.
The…
A snap decision on Monday afternoon by one of nine unions representing Athens metro employees to declare a work stoppage for Tuesday morning, up until 10 a.m., generated an angry…
Greece’s coast guard, assisted by Frontex, picked up another 136 third country nationals overnight attempting to reach a handful of Greek islands and territory after setting off from the opposite…
The government on Monday officially announced that it will sell 49 percent of the independent Hellenic Electricity Distribution Network Operator (DEDDHE), but with “heightened minority rights” in order to attract…
Praxia Bank, a newcomer to Greece’s previously crisis-shocked banking sector that promised to become the first fully digital credit institution in the country, over the weekend announced a reduction of…
A decision by an independent gaming commission-affiliated committee tasked with evaluating binding offers for a gaming license at the Helleniko property may be released within the week, Development and Investments…
By A. Tsimplakis [email protected]
Greece’s tourism industry remains the country’s “locomotive” in terms of economic growth, which was recorded at 2.3 percent in the third quarter of 2019, on an…
Scope Ratings sees a greater surge of foreign direct investments to Greece in 2020, as well as higher growth, although wary of a stated target of 2.8 percent of GDP…
The primary budget surplus posted by the Greek state between January and November 2019 reached 6.94 billion euros, according to figures released on Monday.
The figure exceeds the foreseen target,…
Piraeus-based Celestyal Cruises this month received a top distinction for the world’s cruise operators, picking up the “Best for Service” category at the 11th annual UK Editors’ Picks Awards, organized by…
By Deligiannis
[email protected]
A medium-term strategic plan for state-run Public Power Corp. (PPC), the dominant electricity provider in the country, reportedly foresees the gradual increase in operational profitability up to…
A 53-year-old local man who started a political movement in Greece based on the premise that he controlled up to 600 billion euros worth of post WWI-era bank bonds –…
National Bank of Greece on Friday announced a successful sale of a shipping loans portfolio to funds advised by Cross Ocean Partners, with total claims in the portfolio totally approximately…
Greek Prime Kyriakos Mitsotakis appeared reassuring at a press conference in Brussels on Friday in touching on the latest Turkish provocations in the eastern Mediterranean, especially an attempt by Ankara…
A 20-year-old Greek merchant marine cadet was freed this week, more than a month after pirates abducted him and another three crew-members of the tanker “Elka Aristotle” off the coast…
Greece received more-or-less the absolute and unanimous support of its European partners on Thursday, during an official EU Council summit in Brussels, more than a week after the latest, and…
Three non-binding offers have reportedly been tabled for a majority stake in Wind, one of three mobile phone operators and telecoms providers in Greece, with a deadline expiring on Wednesday…
A supreme court prosecutor Ioannis Angelis on Thursday reportedly told members of a Parliamentary fact-finding committee US federal authorities, namely, the FBI, never conveyed information to the anti-corruption prosecutor’s office…
By T. Igoumenidi
[email protected]
Athens-based Dolphin Capital Partners (DCP) this week announced a 50-million-euro investment to operate a floating hybrid hotel in Greece, reportedly the first such endeavor in the…
By A. Tsimplakis
[email protected]
A shipping ministry-affiliated public ports authority intends to launch another international tender for the marine salvage of a state-of-the-art cruise ship that sank in Santorini’s iconic…
New European Central Bank (ECB) President Christine Lagarde, speaking on Thursday in Frankfurt after chairing her first ECB executive board meetings, said she was “really delighted” with Greece’s recovery and…
The president of Libya’s house of representatives, Aguila Saleh Issa, again reiterated, this time from Athens, that a recently signed agreement between Turkish and the interim Libyan government in Tripoli…
A closely watched draft bill containing a framework to significantly reduce the level of “bad debt” held by Greece’s systemic banks was passed by a Parliament majority on Thursday evening.…
Turkey blackmailed the recognized Libyan government (GNA), which controls Tripoli and only swathes of land in the country’s west, to agree to a much-maligned agreement attempting to delimitate exclusive economic…
Residential property prices are quickly rebounding in previously crisis-battered Greece, the country’s central bank report his week in a relevant study. An economic recovery in tandem with purchases of property…
An earthquake measuring 4.8 on the Richter scale was reported at 05:05 (03.05 GMT) east, southeast of eastern Crete.
The quake was pinpointed in a sea region 12 kilometers from…
An overwhelming number of deputies in Parliament, 288 out of 300, late Wednesday evening ratified a draft bill that finally allows eligible Greek citizens living abroad the right to vote…
