Βy D. Alexaki
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Troubled luncheon meats maker Creta Farms, among the biggest such enterprises in Greece, on Wednesday was granted protection from creditors by a first instance court in…
By N. Stasinou [email protected]
Despite the Greece remains among the world’s “champions” in terms of official tax rates, as annual World Bank and Organisation for Economic Co-operation and Development (OECD)…
By K. Deligiannis [email protected]
Headlines on Thursday morning in Greece mostly focused on seismic results pointing to the prospect of a major natural gas deposit in a block, south of…
Βy E. Triiri
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Greek bonds this week to continued to post new records, with the yield for the 10-year bond falling on Wednesday by three basis points, to 1.18…
German federal interior minister Horst Seehofer on Wednesday announced a plan change the Dublin Regulation, whereby a simple examination of an asylum applicant will take place in the country where…
By K. Deligiannis [email protected]
The last details are being included in an omnibus draft bill affecting the energy sector in Greece, with the expected highlights being the process to privatize…
An earthquake measuring 4.1 on the Richter scale was recorded at 15.01 (13.01 GMT) in a sea region north, north-east of the city of Irakleio (Herakleio), Crete. The tremor was…
Greek Prime Minister Kyriakos Mitsotakis on Tuesday underlined that Greece was dealing with “flows of refugees and migrants that are asymmetrical to its size and population”, while flatly dismissing recent…
The prime minister of recently renamed North Macedonia, Zoran Zaev, this week bemoaned the fact that opposition by at least three EU members, most notably France, to a date for…
Another three separate incidents were reported overnight involving the pickup, by the coast guard, of third country nationals attempting to reach Greek territory aboard flimsy craft, with a total of…
The European Stability Mechanism (ESM) on Monday, along with its affiliated European Financial Stability Facility (EFSF), provided the “green light” to Kyriakos Mitsotakis’ government to prematurely pay-off a portion of…
Greece on Monday marked the 79th anniversary of the country’s entry into WWII on the side of the Allies with the annual military parade through the northern metropolis of Thessaloniki,…
Standard & Poor’s on Friday upgraded previously crisis-ridden Greece’s credit rating by one notch to BB- with a positive outlook. The agency added that another upgrade may follow in 2020.…
The semi-autonomous Hellenic Corporation of Assets and Participations S.A. (HCAP) has filed a demand for 12.34 million euros from embattled retail and accessory maker Folli Follie, while the company and…
Multinational cigarette-maker Japan Tobacco International (JTI) has commenced production of its Winston brand for Greece and another nine countries at the once state-owned Sekap facility in northeast Greece.
Production began…
A last-minute amendment tacked on to an omnibus bill ostensibly aims to free-up public works tenders worth 2.3 billion euros, including a fourth line for the Athens metro network.
Essentially,…
Citi paints a decidedly positive picture this week of the Greek economy – a few years after forecasting that the country would crash out of the Eurozone – with a…
A closely scrutinized and massive draft bill focusing on economic development was passed by a majority of 165 deputies in Parliament – out of 287 voting – on Thursday evening,…
By G. Palaitsakis [email protected]
A veritable “cottage industry” of fake and “virtual” invoices, following revisions in the tax code dating to 2013, has reportedly led to losses for the Greek…
A significant archaeological find turned up near the village of Dolichi, near the central Greek city of Elassona this week, with a farmer discovering a major part of a headless…
Ruling New Democracy (ND) party retains a 13.5-percentage point lead over main opposition SYRIZA party in the latest monthly opinion poll by the Pulse firm, collecting 38.5 percent of respondents’…
Adhering to corporate social responsibility is, on the surface, the main topic on the agenda of Thursday’s meeting between Greek Prime Minister Kyriakos Mitsotakis and the heads of the country’s…
Greece’s relevant public order minister on Thursday charged that an determined number of physicians in the country, all with private practices, have provided “thousands” of diagnoses towards third country nationals…
Greek Prime Minister Kyriakos Mitsotakis used an Economist roundtable forum on Wednesday evening to announce a suspension in the imposition of VAT rates on building licenses, with a retroactive effect…
By T. Igoumenidi [email protected]
A binding offer for the 99-year of a high-rise building in Piraeus’ business district was opened this week, with a consortium consisting of Prodea Investments, Dimand…
By A. Tsimplakis [email protected]
The specter of restrictions and increased custom duties on imported marine equipment and spare parts as well as in the provision of maritime services to vessels…
The purchase of a so-called “Golden Visa” by third country nationals will soon be achieved via a POS terminal, as envisioned in a amendment included in a draft bill aimed…
Jet-setting Mykonos, the best-known of Greece’s Cyclades islands, appears at number 19 on AirBnB’s list of up-and-coming destinations, with trending (users’ interest) in the popular summer destination increased by a…
By S. Emmanuil
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Premier Capital Hellas, McDonald’s licensee for Greece, appears ready to continue its expansion in the country, on the back of significant capital reserves and liquidity that…
A union representing employees in local government entities, mainly municipalities, continued an industrial action on Wednesday, in opposition to draft legislation that mandates a majority of votes, by active union…