An industrial action declared in Greece on Tuesday mostly affected mass transits systems in the greater Athens, as well as ferry boat service between numerous Aegean islands and the mainland.…
By G. Fokianos [email protected]
Greece’s defense ministry has reportedly given the “green light” for the upgrading of the primary assault weapon used by the country’s armed forces, the German-patented G3A3…
A five-year boy from Afghanistan was the latest fatality at the Moria ‘hotspot’ on the eastern Aegean island of Lesvos (Mytilene), with initial reports stating that the victim was run…
A moderate earthquake measuring 5 on the Richter scale was recorded at 10.49 a.m. (08.59 GMT) in a sea region southeast of the large island of Crete.
The quake was…
A 65-year-old Lebanese man arrested last week on the jet-setting island of Mykonos on an international warrant involving two 1980s terrorism incidents, including a plane hijacking and murder, has been…
By A. Tsimplakis [email protected]
The Greek tourism sector received a major hit this week with the collapse of tour and travel giant Thomas Cook, the second biggest in Europe. Some…
Outgoing European Central Bank (ECB) President Mario Draghi on Monday told European Parliament deputies that Greece can be included in the revised QE stimulus program if its continues to post…
By F. Zois [email protected]
State-run Italian rail operator Ferrovie dello Stato will have reportedly merged its Greek rail subsidiary, Trainosse, with the recently purchased Hellenic Company for Rolling Stock Maintenance…
The collapse multinational tour operator Thomas Cook has sent shock waves through Greece’s hotel and resort sector, with tourism professionals in Crete, for instance, saying that up to 80 percent…
An extraordinary mini Cabinet meeting will take place at the Maximos Mansion government house on Saturday to focus on the resurgent migrant/refugee crisis in the Aegean, the government announced on…
Greek central banker Yannis Stournaras this week again underlined the need to reduce the ambitious fiscal goals that Athens has committed to meeting until 2022, to the benefit of the…
By L. Karageorgos [email protected]
Blackstone Real Estate Partners Europe has announced an agreement with hotel operator Louis Group for the purchase, by the former, of five high-end hotel resorts in…
Ruling New Democracy (ND) continues what is apparently a “honeymoon period” after the July 7 election, with one of the first opinion polls of the new autumn season showing the…
The latest high-profile police operation in downtown Athens to end building “squats” targeted two buildings – facing each other – with all of the occupants evacuated identified as third country…
Greece’s up-until-recently defense minister on Thursday said there were “numerous instances” during his brief tenure that incidents that could have turned into another “Imia incident”, referring to a January 1996…
A Greek government legal framework to protect eligible households’ primary residence and subsidize mortgage payments has been approved by the European Commission, which judged that it was compatible with EU…
The relevant environment and energy ministry on Wednesday tabled four draft laws in Parliament to ratify a same-number of concessions for hydrocarbon exploration and exploitation in sea regions off Crete…
ATHEX-listed Lamda Development will completely take over the Helleniko concession, the Athens-based company announced on Wednesday, with its board of directors also saying an extraordinary general assembly of shareholders will…
By L. Karageorgos [email protected]
A raging disagreement between Greek hoteliers and online booking platforms, such as the aptly named booking.com, continues unabated into the tail end of the summer holiday…
By T. Igoumenidi [email protected]
Debt-laden Forthnet has confirmed the submission of a purchase offer by the Alter Ego Mass Media group, controlled by well-known shipowner and businessman Vangelis Marinakis, a…
Reuters this week reported that Canadian multination Eldorado Gold may consider negotiations with the Greek government over possibly paying higher royalty fees for its gold mining operations in Halkidiki prefecture.…
Costamare Inc.’s Neopanamax containership “Triton” has become the largest vessel to ever sail through the Panama Canal after its expansion in 2016.
The 369-meter-long vessel, with a width of 51.2…
Prime Minister Kyriakos Mitsotakis took to Twitter on Monday to announce that his government has officially submitted a request to pay off a portion of the loans extended to Greece…
Passenger traffic at Greece’s ports fell by 2.5 percent in the first quarter of 2019, compared with the same quarter in 2018, Greece’s statistics authorities (EL.STAT) announced on Monday.
An…
Some 19,000 taxpayers have applied to an online platform for legal protection (from creditors) of the primary residence, mainly against commercial banks holding the property’s mortgage. The application includes a…
By E. Triiri [email protected]
The “inaugural” participation by Greek Finance Minister Christos Staikouras at a Eurogroup session came on Friday in Helsinki, as the new Mitsotakis government continues to “test…
EU and Eurozone member-state Greece finds itself in a lackluster 102nd place out of 162 country listed in this year “Economic Freedom of the World” Report, published by the Canada-based…
The head of Mohegan Gaming & Entertainment has reiterated the casino operator’s interest in an international tender for an integrated resort casino at the Helleniko site, its president and CEO,…
Former Greek Parliament president Zoe Konstantopoulou on Thursday joined critics of Costa-Gavras’ film “Adults in the Room”, based entirely on a best-selling book by ex-finance minister Yanis Varoufakis, in blasting…
A three-month infant was fatally injured in a dog attack on Thursday in a township west of greater Athens. According to initial reports, a family’s adult Rottweiler attacked the infant…
