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
[email protected]
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…
A child and a man are missing in a sea region off the eastern Aegean island of Kos after a Greek coast guard patrol boat collided with boat carrying 34…
Between 20 to 30 hooligans wearing motorcycle helmets and totting clubs and crowbars invaded the pitch of a UEFA Youth League match on Tuesday afternoon between Olympiacos Piraeus and Bayern…
The relevant interior minister on Tuesday evening announced an agreement, in principle, between political parties in Greece’s 300-deputy Parliament to allow Greek citizens on current election rolls the right to…
The European Bank for Reconstruction and Development (EBRD) on Tuesday announced a 150-million-euro “green bond” issuance to Greece-based Terna Energy as well as 18 million euros for further investments in…
Greece’s primary budget surplus for 2018 was finalized at 4.3 percent of GDP, according to figures released on Monday by the country statistics authority, EL.STAT, easily exceeding the 3.5-percent target…
The world’s newest cruise ship, the “Sky Princess”, arrived at the port of Piraeus on Monday, with representatives of the Piraeus Port Authority presenting the vessel’s master, Capt. Heikki Laakkonen,…
A total of 1,908 third country nationals illegally landed on Greece’s north Aegean islands over the past week up until the early morning hours of Monday, Oct. 21, according to…
The relevant labor and social insurance minister on Monday abruptly, and during a morning current affairs radio program, announced that up to 465,000 beneficiaries in Greece receiving supplementary pensions would…
The latest political furor in Greece erupted “out of the blue” on a balmy Sunday afternoon and was related to the Hollywood blockbuster “Joker”, after police were called to at…
Greek Prime Minister Kyriakos Mitsotakis, speaking to reporters immediately after attending his first EU Summit, referred to a unanimous condemnation by European leaders of Turkey’s invasion of northern Syria.
Moreover,…
The government on Thursday submitted a draft bill to Parliament that changes the asylum law in the country, towards faster and stricter conditions. The draft law is now up for…
New Greek Prime Minister Kyriakos Mitsotakis attended his first EU summit on Thursday, stressing during his entry into a Brussels conference center that “after 10 years of crisis, Greece is…
