Greek Prime Minister Kyriakos Mitsotakis will meet with Greek tycoon Spiros Latsis at noon on Thursday at the Maximos Mansion government house, with the meeting widely expected to focus on…
S. Emmanuil [email protected]
A group of Folli Follie bondholders is reportedly demanding collateral from the troubled retailer and accessory maker, with independent assessors to confirm and evaluate the guarantees, with…
New Greek Alternate Minister Giorgos Koumoutsakos, who holds the sensitive migration policy portfolio within the public order ministry, on Wednesday said Athens continues to emphasis the need for a full…
A majority of members of Parliament’s code of ethics committee on Wednesday recommended the lifting of Parliamentary immunity for former alternate health minister Pavlos Polakis, with the plenum to take…
By G. Pagalias [email protected]
The yields for Greek state bonds, including the benchmark 10-year bond, continue to post historic lows, with the latter on Wednesday falling beneath the 2-percent mark.…
Deposits in Greek banks continued to rise in June 2019, according to figures announced this week by the Bank of Greece (BoG), and specifically by 1.766 billion euros, for private…
By E. Sakellari [email protected]
Banks across Europe, especially in Greece, will be busy in the coming period with efforts to further securitize NPLs, according to bank executives, speaking ahead…
A major property lease agreement was signed on Tuesday to transform the now mostly empty Arsakeio arcade, strategically located between Panepistimiou and Stadiou avenues in the heart of central Athens,…
Outgoing EU Commissioner for Economic and Financial Affairs Pierre Moscovici has announced the abolition of the Commission’s mission chief for Greece, referring to another indication that the country is returning…
The Greek foreign ministry on Tuesday evening issued a statement calling for the release of the British-flagged oil tanker Stena Impero, which was seized by Iranian forces on Friday as…
Onex Elefsis Shipyards LLC, in cooperation US-based Chatsworth Securities, with this week announced that it will allocate up to 400 million USD, over a 15-year period, to purchase and finance the…
The European Bank for Reconstruction and Development (EBRD) on Tutesday announced that Greece will benefit from the first 10 million-euro factoring facility in the country, with funding to Piraeus Factoring…
A wildfire erupted in the Rafina municipality on Tuesday afternoon, only a couple of kilometers south from where Greece’s deadliest wildfire claimed 102 lives exactly a year ago to the…
The new Mitsotakis government’s spokesman, during his inaugural press briefing on Tuesday, said the center-right government will not lower the tax-free annual income threshold or cut any welfare benefit inherited…
The probability of the United Kingdom (UK, Aa2 stable) leaving the European Union (EU) without any agreement on their future relationship has increased following the election of Boris Johnson as…
Shares of Titan Cement International SA, the new parent company of Titan cement group, began trading, simultaneously, on Tuesday on the Euronext Brussels, the Athens Exchange and Euronext Paris.
Trading…
The Kastropolitia archaeological site, essentially the fortress rising above the main town (Chora) on the central Aegean island of Skyros, opened to the public this week after 18 years, when…
Greek Prime Minister Kyriakos Mitsotakis attended a one-year memorial service on Tuesday at the wildfire-ravaged Mati settlement in eastern Attica prefecture – due east of Athens proper – where up…
US ambassador to Greece Geoffrey Pyatt referred to US diplomacy vis-à-vis Orthodoxy and Orthodox Churches, while touching on the significance that Greek Orthodoxy holds for the nation of 11 million,…
A self-styled anarchist who on Monday threatened that a notorious “anarchist cooperative” he belongs to will engage in “interventions” at numerous tourist sites in Athens if Greek police engages in…
New Greek Finance Minister Christos Staikouras, who was handed one of the more closely scrutinized portfolios in the Mitsotakis government, on Monday estimated that real GDP growth in the country…
The new Mitsotakis government on Monday evening received a vote of confidence by 158 deputies in the 300-MP Parliament, as widely expected, with 142 deputies voting against.
All 158 elected…
The CEO and co-founder of Athens-based high-tech company METIS Cyberspace Technology SA this week referred to a looming “revolution” in the exploitation of data in the global shipping sector, pointing…
New Greek Energy and Environment Minister Kostis Hatzidakis on Monday again referred to the “political hot potato” entailed with loss-making Public Power Corp. (PPC), the state-run and dominant electricity provider…
A significant increase in Greece’s balance of travel services surplus for the first five months of 2019 was reported on Monday by the Bank of Greece (BoG), with remittances up…
The newly appointed Greek foreign minister Nikos Dendias, in presenting the center-right Mitsotakis government’s policy statements in foreign relations in Parliament on Monday, said the primary goal of the latter…
The primary shareholders, two brothers, and creditor banks of well-known luncheon meats producer Creta Farms on Monday announced the signing of a MoU to implement a rescue plan for the…
A self-described member of Greece’s most notorious “anarchist cooperative”, known as “Rouvikonas“, on Monday promised “dozens of interventions” at high-profile tourist sites in the Athens, a reaction to the new…
Arrivals of Turkish nationals through the two overland border posts (Kipi, Kastanies) connecting the two countries in Evros prefecture increased by 0.76 percent in the first half of 2019, compared…
Inter-bank withdrawals of cash from ATMs became much more expensive in Greece as of Monday, with bank officials in the country pointing to an additional incentive to use debit cards.…
