Former Novartis Greece vice-president and GM Constantinos Frouzis, one of the protagonists in a years-old judicial probe into allegations of high-level kickbacks by the pharmaceutical multinational in the country, on…
The months-long Mitsotakis government was the recipient of a rare but prominent rebuke in the international press this week, with none other than the Financial Times sounding “warning bells” over…
Greek Prime Minister Kyriakos Mitsotakis met with his North Macedonia counterpart Zoran Zaev on Thursday in Thessaloniki, where the neighboring state’s European prospects was the main topic of talks, with…
Pushing through major privatizations was one of the main pledges of center-right New Democracy (ND) while in the opposition, while after winning the July 2019 general election the actual implementation…
By E. Triiri
[email protected]
Former EU Commissioner and current Finnish central banker Ollie Rehn underlined to “N” this week that the continuing slide of yields on Greek state bonds…
A latest World Bank report gives kudos to thrice bailed-out Greece for taking significant action towards improving the business environment in the eastern Mediterranean country, although warning that business people…
European auditors on Wednesday called on the European Union to dramatically improve efforts to ease migrant pressure on Greece and Italy, citing the fact that thousands of asylum seekers continue…
Greece’s independent public revenues authority this week announced what it called a major ring using software applications to alter cash register and e-transactions, with the purpose of showing lower turnover…
A study by Blacktower Financial Management puts Greece in fourth place, among 40 European countries, for best place for pensioners to live, with Spain – as widely expected – in…
The man at the center of allegations that have fueled a lengthy – and unending – independent judicial probe of Novartis’ Greek subsidiary, and specifically whether the latter paid off…
By S. Zisimos [email protected]
Greece’s energy sector appears to be at the forefront of Chinese state investment interest, as detailed in a MoU signed on Monday by the relevant Greek…
A controversial anti-corruption prosecutor on Tuesday conveyed an order to the Athens prosecutor’s office to file a felony bribery charge against former health minister and current MP Andreas Loverdos, the…
Greece’s decades-long campaign to repatriate the Parthenon Marbles received prominent support on Tuesday, with Chinese leader Xi Jinping saying he not only agrees with the return of the emblematic friezes…
The relevant justice minister on Tuesday morning, during a radio news program, cited the prospect of reconsidering the reinstitution of the offense of malicious blasphemy of religion in Greece’s penal…
The EU Council on Monday issued a stern rebuke against Turkey for what it called the neighboring country’s “illegal drilling activities in the Eastern Mediterranean”, while adopting a framework…
Italy’s well-known maritime registry and certification/classification body, RINA, this week announced the signing of an MoU with the Athens Polytechnic’s (NTUA) school of naval architecture and marine engineering.
RINA’s initiative…
Visiting Chinese President Xi Jinping on Monday afternoon toured the facility that comprises the biggest Chinese direct investment in Greece, the Piraeus Port Authority (PPA), one of a handful of…
Chinese interest in Greece’s thrice-capitalized systemic banking system reportedly focuses on opportunities offered from implementation of the “Hercules” plan to reduce “bad debt” held by the country’s four systemic banks.…
A total of 16 agreements between Athens and Beijing were signed on Monday in the Greek capital, with the primary main aim to further attract investments to thrice bailed-out Greece…
Cosco subsidiary Οcean Rail Logistics has purchased 60 percent of the share capital of the Pearl company, with the deal sealed today at the Piraeus Container Terminal.
Development and Investments…
By G. Palaitsakis [email protected]
A draft bill on taxation, unveiled last week, foresees a significant decrease in the maximum allowed threshold for transactions between consumers and businesses, along with tax…
A series of raids by Greece’s anti-terrorism unit on Saturday resulted in the arrest of three people, two men and a woman, 41, 45 and 39 years old, respectively, with…
The rate of recovery in Greece’s economy – after nearly a decade of a punishing economic implosion – isn’t apparently strong enough to affect consumer prices, with the rate of…
Greece competition watchdog has approved the majority sale of MediaMarkt’s chain in Greece by local rival Public, part of the Olympia group, owned by the Germanos family.
Public CEO Christos…
Inspectors affiliated with Greece’s competition commission on Thursday undertook an unprecedented surprise audit at the headquarters of all four of the country’s systemic banks, with reports citing the confiscation of…
The relevant education and religious affairs ministry on Thursday announced the immediate suspension of 37 new higher education schools, one of the last controversial measures passed by the previous leftist…
The EU Commission’s autumn forecast for Greek economic growth puts the figure at 1.8 percent of GDP for the ongoing year, increasing to 2.3 percent in 2020 and 2 percent…
The Greek economy will grow by 2 percent, in terms of annual GDP, and by 2.4 percent for 2020, the European Bank of Reconstruction and Development (EBRD) announced on Wednesday,…
Greece’s public order minister on Wednesday called for European countries to assume action for a common front to deal with increased migrations flows, and especially in dealing with unaccompanied minors.…
Greece drained 488 million euros on Wednesday from the market with a three-month bond issue, and, more importantly, with another negative yield recorded.
Specifically, the yield was 0,08 percent, falling…
