Dramatically improved bilateral relations between Greece and the newly christened North Macedonia – in the wake of the recently implemented Prespa agreement – were prominently on display in Skopje on…
Greek Prime Minister Alexis Tsipras conveyed Athens’ “spin” on Friday after an EU Summit in Brussels regarding Brexit, referring to a “clear” result, and with indirect references to his own…
A significant increase in the surplus balance of travel services was reported on Friday by the Bank of Greece, fuelled mostly by increased revenues. A hike in the average daily…
The Hellenic Electricity Distribution Network Operator, the entity that manages Greece’s power grid, said electricity had been restored throughout the large island of Crete by the early afternoon.
A short-circuit…
The banking index at the Athens Stock Exchange (ATHEX) nosedived on Friday, with bank shares taking sustained hits in the last two hours of the session, and finally closing down…
A high-profile candidate of leftist SYRIZA party for the coming European Parliament election in May on Friday said she was dropping out of the race, hours after two Athens newspapers…
Greek Foreign Minister Giorgos Katrougalos attempted to recover from an avalanche of opposition and media criticism in the country after his comments earlier this week – a day before he…
Media reports in Athens on Friday, just after noon local time, referred to a practically island-wide power blackout on the island of Crete, Greece’s largest.
Later reports pointed to an…
By E. Sakellari
[email protected]
Continuing pressure by the Single Supervisory Mechanism (SSM) has reportedly reinvigorated Greece’s systemic banks’ efforts to reduce the Olympus-sized “mountain” of “bad debt” burdening their balance…
Yet another early morning attack against a diplomatic mission in the greater Athens area occurred in the first hours of Friday, after at least two suspects tossed a hand grenade…
A mechanical malfunction has left a UK-flagged freighter without propulsion north of the Cyclades island of Andros on Thursday evening.
The vessel was identified as the “Ocean Promise”, with a…
An exhibition entitled “Roads of Arabia: Archaeological Treasures from Saudi Arabia” opened at the central Athens’ Benaki Museum on Thursday, and will run until May 26.
The exhibition explores the…
A 66-page prosecutor’s investigation on the deadly flash floods in the western Attica township of Mandra in November 2017 refers to numerous omissions by the Attica regional government entity, a…
Greek Prime Minister Alexis Tsipras switched to “social democrat” mode on Thursday, participating at a Party of European Socialists (PES) meeting in Brussels, with the erstwhile anti-bailout and hard left…
American Airlines (AA) will offer a new flight from Athens to Chicago O’Hare International Airport, connecting the two cities for the first time. The summer seasonal flight will operate as…
Declared incomes by Greek taxpayers were reduced by one billion euros between 2016 and 2017, according to figures released on Thursday by Greece’s independent public assets authority, the creditor-mandated entity…
The European Central Bank (ECB) on Thursday announced a significant decrease in the volume of non-performing loans in the Eurozone in the third quarter of 2018, falling to 628 billion…
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…
