The 10-year Greek bond fell beneath the 3-percent yield in trading on Friday, a historic low that comes days after ruling SYRIZA party suffered a convincing defeat in the European…
By G. Kampourakis [email protected]
Greek Prime Minister Alexis Tsipras will convene a Cabinet meeting on Friday, set to begin at 1 p.m. local time, where, by all accounts, he will…
By I. Zafolia [email protected]
The general index at the Athens Stock Exchange (ATHEX) this week surpassed the 800-point mark after roughly a year, reaching 813.33.
In the wake of the…
Public Power Corp. (PPC) on Thursday held a tender for the purchase of 130,000 cubic meters of LNG – corresponding to 880.00 thermal MWh – with five providers submitting bids…
Main opposition New Democracy enjoyed a comfortable difference from ruling SYRIZA in terms of expatriate Greeks’ vote in Sunday’s European Parliament election, with the center-right party garnering 33.89 percent compared…
The fifth annual Greek Maritime Golf Event will take place at the Costa Navarino resort on June 8 and June 9.
Teams are comprised of four international shipping executives each…
An Iraqi national, 27, was arrested by police in central Athens on Thursday, who executed a European warrant issued by German authorities on terrorism charges against the man.
The suspect…
Main opposition New Democracy (ND) flatly rejected a “quasi olive branch” extended by the justice minister hours earlier, with the latter offering the rival party a say in the selection…
The relevant energy minister has reportedly requested the resignation of Public Gas Corp. of Greece (De.pa) CEO Dimitris Tzortzis, some 40 days before snap elections are held on Sunday, July…
The SYRIZA government’s justice minister on Thursday addressed a letter to main opposition New Democracy (ND) leader Kyriakos Mitsotakis calling for consensus by the latter’s center-right party over the appointment…
Main opposition New Democracy (ND) president Kyriakos Mitsotakis on Thursday received former ND leader Costas Karamanlis at the former’s office in Parliament. Karamanlis was the Greek prime minister between 2004…
A major fire has erupted on an under-repair vessel docked at a pier in Drapetsona, just west of the main port of Piraeus. The vessel was identified as the Togo-flagged…
Greek banks are expected to announce higher rates for inter-bank withdrawals from ATMs, with some reports pointing to an “astronomical” surcharge of three euros per inter-bank transaction.
The new rates…
By L. Karageorgos [email protected]
Navios Maritime Holdings expects a gradual recovery in bulk rates over the coming period, according to Angeliki Frangou, the head of the Navios group, who spoke…
By L. Karageorgos
[email protected]
NASDAQ-listed Star Bulk Carriers has added another 11 bulkers to its fleet.
The Athens-based company, run by Petros Pappas, purchased the vessels from companies controlled by…
Private sector deposits increased by 1.54 billion euros in April 2019, compared from the previous months, whereas deposits held by the general government decreased by 2.43 billon euros, according to…
Capital Ship Management Corp. this week picked up the “Green Environmental Achievement Award” for 2018 from the port of Long Beach in southern California, the third straight time it has…
Parliament’s independent budget office on Wednesday’s offered a much-needed “thumbs up” to the now besieged Tsipras government – some 40 days before a snap election – forecasting that there is…
The prospect of the now “lame duck” Tsipras government nominating and then ratifying – via its slim Parliament majority – candidates for the country’s top judicial posts ignited a firestorm…
Bank of Greece (BoG) Gov. Yannis Stournaras again made headlines – and again attracted the ire of the leftist Tsipras government – with his support for private sector involvement in…
The markets’ confidence in Greece has apparently received a distinct filip from the of snap elections in the country, as Greek Prime Minister Alexis Tsipras announced his resignation and the…
Yanis Varoufakis’ MeRA25 party – known throughout western Europe as the Diem25 movement – appears exactly at 3-percent threshold (of valid votes) required for representation in the European Parliament, two…
By F. Zois [email protected]
A handful of decisions and pending actions related to all-important privatizations in thrice bailed-out Greece must now await snap elections in the country – which will…
Investors were “bullish” on Monday at the Athens Stock Exchange (ATHEX), while the yield for the 10-year Greek bond also fell more than 30 basis points in one session, nearly…
Counting of ballots was still ongoing on Monday in Greece’s European Parliament election, held a day earlier, with Yanis Varoufakis’ Diem25 party (Mera25) hovering at the 3-percentage point mark –…
A solemn-looking Alexis Tsipras told ruling party cadres on Monday afternoon that “we received voters’ message of dissatisfaction”, referring to the previous day’s European Parliament election results, which showed his…
The Greek state posted a primary budget surplus of 1.463 billion euros in April 2019, up from a 670-million-euro deficit target, and compared to a 1.8-billion-euro primary budget surplus in…
ATHEX-listed Public Power Corp. (PPC) on Monday announced that, following communication with the relevant ministry, a deadline by interested parties for submitting bids for the purchase of 3+1 lignite-fired power…
Sunday’s European Parliament elections witnessed a change at the top and bottom of the political spectrum in Greece, as center-right New Democracy (ND) handily defeated hard left SYRIZA, whereas a…
