The EU’s General Affairs Council on Tuesday adopted enlargement conclusions on Turkey, inviting the European Commission and the European External Action Service (EEAS) to submit “options for appropriate measures” against…
A Bank of Greece (BoG) review for the country’s banking sector in 2018 notes that it remains in a “recovery orbit”, as an official exit from the bailout era and…
Another protracted and high-profile judicial investigation of alleged wrongdoing in a previous Greek government has been shelved, according to sources close to a probe by an anti-money laundering watchdog. The…
The Union of Greek Shipowners (UGS) on Tuesday welcomed the adoption, by the IMO’s Maritime Safety Committee (MSC 101) of an action plan to deal with critical safety and responsibility…
Greek Prime Minister Alexis Tsipras told reporters on Sunday evening that whoever violates the sovereign rights of EU member-states Greece and the Republic of Cyprus, or international law in the…
Opposition New Democracy (ND) party continued to “flirt” with a double-digit percentage point leader over incumbent SYRIZA in the latest opinion poll to be announced over the weekend, with just…
An abrupt meeting of the high-level Government Council for Foreign Affairs and Defence (KYSEA) was announced for Sunday afternoon, with reports pointing to developments in the east Mediterranean as the…
Moody’s Investors Service has today downgraded the Government of Turkey’s long-term issuer ratings to B1 from Ba3 and has maintained the negative outlook. The senior unsecured bond ratings and senior unsecured shelf…
The outgoing leadership of Greece’s education ministry this week petitioned the Council of State (CoS), the country’s highest administrative court, to exclude the recently announced hiring of 15,000 educators for…
By T. Igoumenidi [email protected]
Athens-based Aktor this week announced that it has completed a metro line in Doha, Qatar, and the “Gold Line”, specifically, which will soon be opened for…
Demand for Greek debt continued unabated this week, the pressure driving yield for the 10-year Greek bond to a historic low of 2.69 percent, and with the spread – compared…
By V. Vegiri & G. Hatzilidis
Center-right New Democracy (ND) leader on Thursday detailed his poll-leading party’s position on the further privatization of several regional ports around the country, citing…
The transfer of Piraeus Bank’s subsidiary in Bulgaria, Piraeus Bank Bulgaria AD (PBB), to Eurobank Bulgaria AD was completed on Friday.
Athens-based Piraeus Bank announced the development in a press…
The latest results from a major opinion poll on Thursday showed a lead by center-right New Democracy (ND) party over leftist SYRIZA at 8.5 percentage points, the mediam difference from…
An IMF spokesman on Wednesday clarified that European partners must take the next step if Greece insists on paying off a more expensive loan extended by the Fund before its…
Bloomberg on Thursday joined the “political change” bandwagon in Greece, in an article entitled “Greece, World’s Best Stock Market, Touts Turnaround From Crisis”, with the dispatch extensively quoting Athens Stock…
Fulfilling terms it had agreed to with European creditors in 2018 is an absolutely necessary condition for further debt relief measures, ESM Managing Director Klaus Regling warned on Thursday, confirming…
The latest twist in the drawn-out Novartis kickbacks investigation are accusations by a former supreme court prosecutor over prior knowledge of the probe by both the current justice minister and…
A survey of 35 CEOs and top corporate executives in Greece shows an increased confidence that FDIs attracted by the country will continue to grow in the coming years, following…
Lidl Hellas announced additional investments in Greece of up to 120 million euros in the current fiscal year, ending in February 2020.
According to Lidl Hellas President Iakovos Andreanidis during…
US ambassador to Greece Geoffrey Pyatt pointed to a reinforced military cooperation between Greece and the United States as reflecting a tangible commitment by the US administration to support its…
A decision by the state broadcaster (ERT) on Monday evening to cancel its primetime newscast and, instead, show the kick-off campaign address by incumbent Prime Minister Alexis Tsipras, generated a…
Influential Bank of Greece (BoG) Gov. Yannis Stournaras struck again on Tuesday, a day into the official pre-election season, saying he forecasts that the Greek state will meet a 3.5-percent…
Greece is among the potential new buyers of the US-made F-35, according to a Reuters dispatch on Tuesday, which cited statements by Vice Adm. Mathias Winter, the head of the…
A migrant-laden vessel attempting to approach the eastern Aegean island of Lesvos (Mytilene) sunk on Tuesday morning some 2.5 nautical miles from the island’s capital, with six fatalities reported so…
Center-right New Democracy (ND) leader Kyriakos Mitsotakis stayed “on message” Tuesday evening, kicking off his official campaign tour in the western port city of Patras by promising that the first…
A trio of well-known Greek resorts picked up European distinctions this week, during the 26th “World Travel Awards”, held in Madeira, Portugal, with Elounda Beach Hotel & Villas, picking up…
Greek Prime Minister Alexis Tsipras finally arrived at the presidential mansion in Athens – just across the side street from his Maximos Mansion office – on Monday afternoon to request…
A more-or-less two-week “rally” at the Athens Stock Exchange (ATHEX) continued on Monday, hours before snap elections in the country will officially be declared for July 7.
Greek Prime Minister…
DryShips on Monday announced the acquisition Heidmar Inc., a global tanker pool operator, acquiring 100-percent of the latter’s shares.
Prior to the transaction, DryShips indirectly owned approximately 49.8 percent of…
