Fraport AG’s most profitable and fastest growing division is its subsidiary in Greece, which holds a 40-year concession for 14 regional airports, all serving top travel and tourism destinations.
Fraport…
By A. Tsimplakis
[email protected]
The all-important Greek tourism industry has apparently joined the world’s “big league”, as recent figures show, putting the country’s travel and holiday sector up against premier…
Reuters on Thursday reports that Energean has revised, downwards, its top 2019 production forecast, citing delays at its Epsilon well in the northern Aegean.
Energean now forecasts production of between…
Greek Foreign Minister Giorgos Katrougalos expressed a more conciliatory tone this week regarding energy deposits in the eastern Mediterranean, a day before he travels to neighboring Turkey, with the Anadolu…
A Bloomberg report on Wednesday, quoting a Novartis AG “internal investigation“, dived directly into a Greek political clash involving insinuations by the current Greek government that a bevy of past…
EU Commissioner Pierre Moscovici on Wednesday referred to “significant progress” in talks between European creditors and the Greek government over the issue of legislating a new legal framework to protect…
Energy cooperation between Israel, Cyprus and Greece was on the agenda of a very high-profile meeting in Jerusalem on Wednesday between the leaders of the three countries, with the presence…
Debt-plagued Public Power Corp. (PPC), the state-run and dominant electricity utility in Greece, on Tuesday announced that it was slashing the discount being extended to prompt-paying customers, from 15 to…
Austrian low-cost airline Laudamotion this week announced a new direct route from Athens to Vienna.
Lauda offers daily connections from Athens to the Austrian capital with flights commencing in October…
A noted Greek-German economist on Wednesday pointed to the time-tested “recipe” of innovation and support of the private sector economy via demand-driven structural reforms as the road to viable economic…
The Tsipras government is expected to table a draft bill on Friday that present a new legal framework for protection of primary residences in the country, although reliable sources that…
A Council of State (CoS) decision this week rejected a motion by a discount shopping mall on the edges of the greater Athens area to remain open on Sundays.
A…
Obligatory investments for the recently privatized Thessaloniki Port Authority (OL.Th) worth 180 million euros, based on a concession agreement between the consortium that won an international tender and the Greek…
European Commission mission chief for Greece Declan Costello on Wednesday repeated the EU executive’s message of staying on the “reform path”, speaking in Athens at a conference organized by the…
By L. Karageorgos
[email protected]
The number of Greek-controlled shipping companies again dropped, slightly, in 2018, continuing a negative trend for a seventh straight year, with the number standing at 588…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis emphasized his pro-market and pro-reform credentials on Tuesday by touring a site that, on paper at least, is one of the biggest…
By A. Tsimplakis [email protected]
Piraeus’ container port is in the “top 5” in Europe based on figures for the first two months of the year, with piers II and III…
State spending in Greece, as a percentage of GDP, is the sixth highest amongst European Union countries, according to figures released on Tuesday by Eurostat.
In determining where the spending…
By T. Tsiros [email protected]
Beyond the still unfinished legal framework for protection of primary residences in Greece from creditors, the country’s Eurozone partners and other European institutions will also consider…
Greece’s independent public assets authority (AADE) on Monday issued an urgent circular towards all state-affiliated entities in the country, detailing customs and other financial procedures involving trade and transactions with…
Greek Prime Minister Alexis Tsipras on Monday evening again pledged that he will not declare snap elections in the country coinciding with May’s European Parliament elections.
“Even though many have…
By F. Zois
[email protected]
Four suitors have expressed an interest in the Thriasio II project, a 1.45-sq-kilometer rail-linked logistics and transit hub in the same-name industrial district due west of…
The federation representing bank employees in Greece (OTOE) this week announced that it has reached a collective bargaining agreement with bank managements for the 2019-2021 period, with the highlights being,…
By T. Tsiros [email protected]
A large cache of online applications by would-be beneficiaries of a rent subsidy – one of a handful of welfare spending measures being doled out by…
The Kremlin on Monday finally recognized the newly christened Republic of North Macedonia under its new constitutional name, despite previous reservations expressed over the legality, as it claimed, of a…
An odd but tragic accident was reported over the weekend with a 67-year-old fisherman dying under still undetermined circumstances moments after casting his nets along a rocky shoreline off the…
Most geography-savvy people in the world, as well as ancient mythology buffs, know that Mt. Olympus is the highest peak in Greece, but how many – including Greeks – know…
Yet another Greek Superleague derby was interrupted by hooligan violence and finally suspended, with the Panathinaikos Athens-Olympiacos Piraeus match stopped in the 69th minute on Sunday at the Athens Olympic…
A 4.5 on the Richter scale earthquake shook the Ionian island of Zakynthos just before 14.00 (12.00 GMT) on Sunday.
According to the Geodynamic Institute of Athens, the quake’s epicenter…
Two emblematic investments in the so-called “Athens Riviera”, the coastline extending roughly from Neo Faliro southeast all the way to renowned Cape Sounion, will have a significant impact on the…
