Retirees and other beneficiaries in Greece, exceeding two million, will see a so-called “13th pension” in their bank accounts by Friday, more than a week after Greek Prime Minister Alexis…
The Economist takes a scrutinizing look at the Greek political scene this week, ahead of the looming European Parliament election, with an article entitled “Alexis Tsipras sails into a social…
By A. Tsimplakis [email protected]
Italy’s Scafi Societe di Navigazione S.p.A. this week announced the purchase of 50 percent of Vernicos Tugs & Salvage’s shares, with the new maritime entity –…
Greece’s Plant Exporters Association (ESEEFY) on Thursday issued an urgent warning to olive tree cultivators in the country to be vigilant against the xylella fastidiosa bacterium, the feared cause of “olive…
Greece-based Seajets has officially welcomed the latest addition to its fast ferry fleet, with the WorldChampion Jet already serving the Piraeus-Syros-Mykonos-Naxos-Santorini route since late April 2019.
A relevant ceremony was held…
A 7.6-percentage point difference between main opposition New Democracy (ND) party and ruling SYRIZA is the result of a latest opinion poll unveiled on Thursday evening.
The poll, by the…
By N. Bellos
Several EU leaders commented on Thursday on the poll-trailing Tsipras government’s abrupt announcement – last week – of tax breaks and VAT reductions, before and following a…
The finance ministry on Thursday afternoon announced that reductions in certain categories of VAT rates will come into effect on Monday, a week before a European Parliament election.
The first…
National Bank of Greece (NBG) on Thursday announced a very ambitious target for reducing non-performing exposures (NPEs) until 2022, saying the goal is to ease to 5 percent of its…
Greece’s biggest employers’ group, the Hellenic Federation of Enterprises (SEV), on Thursday pointed to the country’s continued disadvantage of featuring amongst the highest energy prices among the EU’s 28.
In…
Βy S. Emmanuil [email protected]
Folli Follie’s cash reserves are reportedly running out in the face of a lack of extended credit, while developments on the legal continue to plague the…
Bank of Greece (Gov) Yannis Stournaras sounded warning bells over the current Tsipras government pre-election measures, saying there is no “fiscal space” this year for further benefits beyond those foreseen…
A group of 10 to 15 masked perpetrators on Wednesday afternoon targeted a campaign event by an Athens municipal candidate that was attended by former prime minister Antonis Samaras and…
Five beaches in Greece are included in a “Top 40” list compiled by Guardian’s editors, with Voidokilia, in the extreme southwest Messinia prefecture topping the specific sites in the east…
Eight people were detained by police in the early morning hours of Wednesday after an unknown number of suspects threw paint and a smoke flair outside the residence of US…
By N. Bellos [email protected]
The sudden announcement, last week, of modest tax breaks and VAT reductions by Greek Prime Minister Alexis Tsipras has reportedly caused unease amongst the country’s eurozone…
Greece’s defense minister on Tuesday referred directly to what he called official Turkey’s “unlawful” behavior in the Aegean and illegal activities in the Republic of Cyprus’ exclusive economic zone (EEZ).…
By A. Tsimplakis [email protected]
Three factors this year are expected to boost the cruise sector in the eastern Mediterranean, namely, the re-inclusion of Turkish ports of call on operators’ itinerary,…
Greece’s finance minister on Tuesday promised a reduced VAT rate for coffee and other beverages on super market shelves, but not for drinks served on countertops, following negative reactions from…
By S. Papapetros [email protected]
An explanatory memorandum attached to the tabled amendment re-instituting what the Tsipras government calls a “13th pension” refers to a “permanent measure”. The amendment was tabled…
The rapid and continuously evolving nature of technology is expected to create numerous opportunities in the real estate sector, according to an annual report by Deloitte, entitled “Real Estate Report”.…
By G. Fokianos [email protected]
The first batch of US-made OH-58D “Kiowa Warrior” helicopters for the Greek armed forces will reportedly be off-loaded at a mainland port this week, according to…
Athens reached 16th place, from 18th, on the relevant European ranking for conferences and conventions in 2018, according to results of a report by the International Congress and Convention Association (ICCA),…
Του S. Zisimos [email protected]
One “new economy” sector that appears to be attracting investors’ interest in post-bailout Greece is the cultivation and processing of medical cannabis, with initial indications, at…
Greece’s finance minister, Euclid Tsakalotos, is set to receive European partners’ first “feedback” over recently announced tax cuts and other relief measures at Thursday’s Eurogroup meeting.
The modest tax breaks,…
The maturity for European Financial Stability Facility (EFSF) loans extended to Greece over the 2012-2014 bailout period, reaching the stratospheric level of 96.3 billion euros, has been bumped back by…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis appeared confident his center-right party will win the upcoming European Parliament election at the end of on May 26, while insisting that…
A new Greek Orthodox Archbishop of America was elected on Saturday by members of the Ecumenical Patriarchate’s Holy Synod, with one of the latter’s Metropolitans, Elpidoforos, succeeding Archbishop Demetrios. The…
A Hellenic Air Force P-3B “Orion” again flew through Greek skies on Wednesday, with a test flight of the recently upgraded maritime surveillance and anti-sub turboprop taking place over the…
Fraport Greece on Friday reported an increase in passenger traffic at the 14 regional airports it manages around the country at 7.2 percent, compared with the same month in 2018,…
