By A. Tsimplakis [email protected]
Greek and Chinese shipping interests have dominated transactions for bulkers so far in 2019, with companies from either side involved in 130 out of the 237…
Greece’s outgoing justice minister on Monday afternoon categorically denied a bevy of same-day press reports claiming that the country’s revised penal code will make it easier for inmates serving multiple…
A first instance court judicial council in the central Greece city of Volos is reportedly recommending that an appeal by a convicted terrorist assassin for another prison furlough be denied,…
By L. Karageorgos [email protected]
Tourists arrivals throughout the Mediterranean this season are increased, compared to 2018, with Greece’s primary regional rivals recovering from previous disappointing years, including non-European destinations such…
Greece-based supermarket chain Sklavenitis, the biggest domestically owned grocer in the country, on Monday categorically denied press reports claiming that it was in talks with a French multinational for the…
The Bank of Greece (BoG) on Monday again sent “shock waves” through the outgoing Tsipras government’s economic policy and ministers’ frayed nerves, this time warning that a recent and abrupt…
The outgoing government and up-to-now ruling SYRIZA party’s “embargo” against Athens-based Skai broadcaster – one of the most acerbic media critics of the former – was unceremoniously scrapped over the…
New Democracy (ND) leader Kyriakos Mitsotakis on Sunday, speaking from the northern prefecture of Halkidiki, promised that his center-right party, if elected to government in the July 7 snap ballot,…
The latest opinion poll released over the weekend shows a continued comfortable lead for New Democracy (ND) party over incumbent ruling party SYRIZA, with the center-right party also polling even…
The Aegean’s fabled summer winds, the gusty northerly “Meltemia”, reached gale force strength over the weekend, with the velocity in the southern Evia harbor town of Karystos reaching 106 kilometers…
The outgoing Tsipras government this week announced that it was including businesses with arrears to the state in a 120-month installment plan, similar to a recently unveiled framework for taxpayers…
The Public Power Corp. (PPC) on Friday reported first quarter 2019 losses of 205.1 million euros, after taxes, an increasingly poor performance by Greece’s dominant electricity utility. The state-run company…
The largest ever haul of the amphetamine-type stimulant known as “Captagon” was recorded in Greece this week, with nearly 1.600 kilos of the drug – corresponding to more than 10…
By N. Stasinou [email protected]
The general index at the Athens Stock Exchange (ATHEX) continued its 2019 rally over the recent period, having gained 43 percent over the past sixth month,…
Footwear and apparel giant Nike chose the summit of fabled Mount Olympus this week to honor 2018-19 NBA MVP Giannis Antetokounmpo, erecting a small basketball hoop on the top of…
By D. Alexaki [email protected]
Control of troubled luncheon meats producer Creta Farms has passed to one of its primary shareholders, Emmanuel Domazakis, following Thursday’s raucous extraordinary general assembly in the…
By E. Sakellari [email protected]
The abolition of all remaining capital control clauses – the ‘legacy’ of the first Tsipras’ government’s shambolic negotiations with creditors between February and June 2015 –…
The latest opinion poll in Greece, released on Thursday, has New Democracy (ND) party fielding a 9-percentage-point lead over incumbent SYRIZA, with less than two weeks left before the July…
The Wall Street Journal (WSJ) on Thursday posted an article on Greece’s upcoming general election headlined “Greece’s voters turn to establishment amid Europe’s populist wave”, with the author predicting an…
By E. Sakellari [email protected]
Some 180,000 households in Greece burdened with delinquent mortgages are expected to achieve eligibility in primary residence protection scheme, of which some 50,000 are business…
The outgoing government on Thursday issued a legislative order essentially forbidding a planned increase in rates in the greater Athens area’s sole tollway (Attiki Odos), following a recommendation by the…
New Democracy (ND) leader Kyriakos Mitsotakis on Thursday morning “switched gears” and unveiled what he said will be his and his center-right’s priorities on the social front, a day after…
By T. Igoumenidi
[email protected]
A nascent “feud” between the international consortium that’s won a concession for the massive Helleniko property development in southeast Athens and the outgoing Tsipras government, given…
The Cesme-to-Lavrio ferry boat route will be inaugurated on June 30, with the inaugural journey being served by the Panama-flagged “Kaunas”, with the vessel set to depart the western Turkish…
By S. Zisimos
[email protected]
Ubiquitous Greek bureaucracy is reportedly behind a delay in the implementation of a new framework for the so-called “Golden Visa” program, which grants long-term residency status…
By K. Deligiannis
[email protected]
Only a single bid was submitted in a new international tender issued by the Public Power Corp. (PPC), Greece’s dominant power supplier, for the hiring of…
New Democracy (ND) Kyriakos Mitsotakis on Wednesday evening promised tax breaks as of Jan. 1, 2020 for taxpayers and businesses, if his center-right party wins the upcoming July 7 general…
Contracts between the Greek state and consortium comprised of ExxonMobil (40 percent), Total (40 percent) and Hellenic Petroleum (20 percent) for exploratory drilling west and southwest of Crete will be…
A Chinese business delegation, led by the vice-president of the Tianjin Port company, Li Quaniyong, met on Tuesday with the president of the Piraeus Chamber of Commerce and Industry, Vassilis…
One of the main shareholders in major luncheon meats producer Creta Farms on Tuesday revealed the identity, as he said, of a prospective strategic investor in the Crete-based company, with…
