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The OECD issued its own “warning bell” on Tuesday, a day after Fitch ratings expressed its concern, over the possibility of a fiscal “hiccup” by Greece in 2019, in touching…

A light earthquake, measuring 4.4 on the Richter scale, was recorded at 11:58 a.m. (09.58 GMT), with an epicenter some 10 kilometers west of the western Peloponnese harbor town of…

Two general examples of borrowers have emerged during the bailout era in Greece, the first aged between 40 to 59 years old, in most cases a wage-earner and owner of…

The Olympiacos BC team failed to show up on Monday for the first game of a playoff series against arch-rivals Panathinaikos BC, as the team’s owners and management had promised…

An annual Deutsche Bank survey shows the quality of life index for Athens still lacking, compared to other European metropolises, but nevertheless improved from recent years. The survey gauges remuneration…

A plenary session of Greece’s Council of State (CoS), the highest administrative court in the country, has reportedly upheld past government decisions to abolish two extra monthly payments for civil…

By E. Sakellari [email protected] European Parliament elections along with detailed “Eurocratic” procedures have delayed approval of two crucial framework plans, one designed by the Hellenic Financial Stability Fund (HFSF) and…

The abruptly announced loosening of fiscal discipline by the Greek government last week – modest tax breaks, a lowering of certain VAT rates and the reinstitution of a pension bonus…

Greek Prime Minister Alexis Tsipras on Monday “upped the ante” ahead of Sunday’s European Parliament election, telling a radio news program that his government’s goal is to extend an end-of-the-year…

A stabbing incident occurred in Thessaloniki on Sunday evening immediately after a large rally in the city’s center to commemorate the centennial of the Pontian Genocide in northwest Turkey, with…

Greek Finance Minister Euclid Tsakalotos on Monday admitted that Athens’ delegation at a Eurogroup meeting last Thursday was the recipient of a “strict reaction” by ESM Managing Director Klaus Regling,…

By V. Vegiri [email protected] Roughly 30 properties in the center of Thessaloniki, and in the greater metro area, have been purchased by Israeli interests over the recent period, mostly by…

Days after a top government minister, a mayoral candidate backed by ruling SYRIZA party and a bevy of local officials “inaugurated” four metro wagons loaded onto a truck outside a…

The head of the supreme court prosecutor’s office on Friday evening overturned a ruling, issued the previous week by a regional judicial council, that had rejected a prison furlough request…

Several major bus makers are reportedly ready to vie for a 461-million-euro contract that envisions the replacement of 32 percent of the vehicles operated by the state-run mass transit company…

The primary budget surplus over the Jan-Apr 2019 is slightly down compared to the same period of 2018, 1.156 billion euros, compared to 1.586 billion euros in the first four…

The founder of Facebook, Mark Zuckerberg, posted a selfie of himself and his wife, Priscilla Chan, from atop the Acropolis in central Athens on Friday – on Facebook, of course.…

Cyprus President Nicos Anastasiades spoke by phone on Friday with US National Security Advisor John Bolton, with diplomatic sources later telling media on the island republic that the former initiated…

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…