High-profile Greek central banker Yannis Stournaras lobbed a political “bombshell” on Monday evening, saying the then leftist SYRIZA government had broached Russian President Vladimir Putin in 2015 over the prospect…
Feasibility studies for 10 regional port authorities around the country, ordered by the new Mitsotakis government after assuming power in early July, will reportedly be ready by the end of…
Municipal authorities on the eastern Aegean island of Samos on Tuesday morning called for the immediate evacuation of thousands of third country nationals that remain on the island after landing…
A very high-profile meeting on Monday in Athens between Greek Prime Minister Kyriakos Mitsotakis and the CEO of Germany energy multinational RWE, Rolf Martin Schmitz, generated media speculation in the…
Greek Prime Minister Kyriakos Mitsotakis on Tuesday will inaugurate the country’s largest wind park on Tuesday, near Cape Kafireas, the southeastern corner of large Evia island, viewed as one of…
By T. Igoumenidi [email protected]
Lamda Development’s business plan for the colossal Helleniko property development, an emblematic privatization in Greece, reaches almost eight billion euros, of which two billion are budgeted…
A weak earthquake measuring 3.9 on the Richter scale was reported at 12:24 (10.24 GMT) on Monday southeast of the Gulf of Corinth seaside town of Galaxidi, in south south-central…
By G. Kampourakis [email protected]
A closely watched vote in Parliament over an expected draft bill granting Greek citizens living abroad the right from their place of residence is expected in…
The Greek coast guard picked up 121 irregular migrants in two separate rescue operations in the eastern Aegean over the last 24 hours, with the total number of people located…
Fitch on Friday said the EU Commission’s “green light” this week to a plan, “Hercules”, for reducing NPLs burdening systemic Greek banks’ balance sheets was a credit positive event.
The…
By S. Papapetros [email protected]
Draft legislation tabled in Parliament on Thursday foresees the prospect of electronic votes for decisions by union members on whether to approve of an industrial action,…
US-based Elbit Systems of America this week announced a strategic partnership with Greece’s Theon Sensors to jointly fulfill a US Marine Corps contract for the supply of 14,000 night vision…
Parliament’s Budget Office warned against complacency in executing Greece’s closely scrutinized state budget, saying vigilance is necessary in rectifying possible divergences.
The statement comes in the regular trimester report published…
By A. Tsimplakis [email protected]
Greek shipping interests continued to rank in first place in terms of LNG carriers owned and operated worldwide, following a two-year “rally” on the part…
A light earthquake measuring 4.2 on the Richter scale was recorded at 02.55 (00.55 GMT) on Friday morning in a sea region northwest of Lesvos (Mytilene).
According to a geodynamic…
The first crematorium in Greece is reportedly operational as of Thursday, ending a decades-old prohibition that was followed by an unwillingness of successive Greek governments to license such a facility…
Greek Prime Minister Kyriakos Mitsotakis reiterated Athens’ condemnation of any border violations and treaties, during talks in the Greek capital on Thursday evening with visiting NATO secretary general Jens Stoltenberg,…
Dealing with the specter of non-performing loans held by Greece’s four systemic banks is absolutely imperative for the sector’s health and its ability to finance investments that will support the…
By T. Igoumenidi [email protected]
ATHEX-listed Lamda Development this week announced that it plans to invest roughly two billion euros in the first five years of construction of the emblematic Helleniko…
An inter-governmental agreement for the natural gas Interconnector Greece-Bulgaria (IGB) was signed in Sofia on Thursday by the two countries’ relevant energy ministers, Kostis Hatzidakis and Temenuzhka Petkova.
The project aims…
Nearly a decade after a sovereign borrowing crisis quickly spiraled into the worst economic implosion Greece has suffered after WWII – replete with three bailouts by institutional creditors – the…
The latest study by the Greek Tourism Confederation’s (SETE) research arm, INSETE, on Wednesday revealed an increase in the number of arrivals in the country by roughly 20 percent over…
The 195.9-meter cruise ship Braemar generated spectacular images on Wednesday as it narrowly sailed through the Corinth canal, which connects the Saronic Gulf off the greater Athens-Piraeus area with the…
A report by Greece’s General Accounting Office this week foresees a reduction of the state’s debt, both as an absolute number for 2019 and as a percentage of GDP.
The…
The yield for a Greek 10-year bond reached a new low on Tuesday, with offers for one billion euros of debt floated by the Greek state attracting 5.4 billion euros,…
Roughly 500 third country asylum seekers were transported overnight from the small eastern Aegean isle of Symi to the Greek mainland, a day after several hundred people were evacuated from…
A book for offers for a new 10-year Greek bond was opened on Tuesday, with the Public Debt Management Agency seeking to drain one billion euros from the market. Initial…
A strike declared by a Greek union representing employees in all rail-affiliated entities in the country for Tuesday and Wednesday has been ruled illegal and abusive by an Athens first…
The Mitsotakis government on Monday tabled its first yearly draft budget, with 1.2 billion euros in additional revenues forecast to come from an increase in the mandatory percentage (at 30…
The relevant development and energy minister on Monday said state-run Public Power Corp. (PPC), the dominant but debt-laden electricity utility in the country, has requested service disconnection for up to…
