Greece’s Capital Market Commission has submitted a draft bill to the finance ministry that will allow the establishment of capital and hedge funds in the country.
According to information collected…
By A. Tsimplakis [email protected]
A prospective buyer of the troubled Elefsina shipyard, in the same-name industrial district due west of greater Athens, has reportedly cited 13 conditions for the sale,…
Well-known Greek newspaper owner, columnist and television personality Themos Anastasiadis, 61, passed away on Tuesday at a Zurich hospital after a lengthy battle with cancer.
Anastasiadis was one of the…
By T. Tsiros [email protected]
A proposal by the Hellenic Financial Stability Fund (HSF) to offer state guarantees as part of an overall package of measures aimed to reduce considerable “bad…
E. Triiri [email protected]
Yields on Greek bonds continued to de-escalate over recent days, with most investors’ interest pointing to a five-year bond, all amid speculation that the country’s Public Debt…
By S. Papapetros [email protected]
Labor Minister Efi Achtsioglou told “N” this week that the Tsipras government’s planned increase of the minimum monthly wage, as well as the abolition of a…
Main opposition New Democracy (ND) Kyriakos Mitsotakis on Tuesday continued to declare his party’s uncompromising position over the provisional Prespa agreement, saying the center-right party will “do whatever it can”…
Greece’s debt in the third quarter of 208 reached 182.2 percent of its GDP, or 334.98 billion euros in absolute terms, according to statistics released this week by Eurostat.
The…
By E. Sakellari [email protected]
Post-bailout negotiations between creditors’ top auditors and the Tsipras government will be dominated by the specter of “bad debt” hanging over Greece’s four systemic banks, an…
By L. Karageorgos [email protected]
Arrivals by citizens of the former Yugoslav Republic of Macedonia (fYRoM) to Greece have dropped, from an all-time high of 3.023 million in 2015, to 1.031…
Greece’s tax bureau on Monday announced that an online application is now available for shipowners to pay taxes on first category vessels for 2019, i.e. vessels listed on the country’s…
Fallout continued on Monday over the previous day’s mass rally in downtown Athens against the Prespa agreement, with the leftist Tsipras government pointing to “far right” elements behind the short-lived…
Greece’s population between 2008 to 2017, essentially the entire economic crisis period, decreased by roughly 355,000, according to an epidemiology and public health professor on Monday, who spoke on the…
The labor ministry on Monday announced that the number of wage-earners increased significantly in 2018, with a net increase between hirings and firings totatling roughly 14,000.
In a bid to…
A Greek army NCO and a British national, identified as an employee of an unnamed NGO, were arrested on Sunday evening in a restricted military zone near the land border…
By V. Vegiri
[email protected]
International tenders for concessions of specific sectors – but not outright privatizations of entire port authorities – will take precedence at the northern Greece ports of…
By F. Zois
[email protected]
A major restructuring plan for debt-laden Greek Post (EL.TA) features the closing of 200 offices around the country and the gradual early voluntary retirement of more…
Results of a poll published in the Sunday weekly “Proto Thema” show that 66 percent of respondents are against the Prespa agreement, whereas main opposition New Democracy garners 32 percent…
A pair of light earthquakes, 4.6 and 4.5 on the Richter scale, were recorded on Sunday afternoon between the islands of Crete and Rhodes one minute apart.
The first tremor…
Disturbances marred a large protest rally on Sunday in downtown Athens to express opposition to the Prespa agreement, with riot police using tear gas to block several dozen protesters from…
Twenty-year-old Stefanos Tsitsipas pulled off the biggest win of his young career on Saturday by beating tennis legend Roger Federer at the Australian Open.
Federer was the defending champion of…
A very large rally was underway early Sunday afternoon in central Athens in opposition to the Prespa agreement, which aims to resolve the long-standing fYRoM “name issue”.
Tens of thousands…
A highly expected draft bill containing the Prespa agreement was tabled in Parliament over the weekend, with political party representatives to convene on Monday at noon to discuss the schedule…
Organizers of a rally in central Athens on Sunday in opposition to the provisional Prespa agreement on Saturday released a video for the demonstration, calling for the mass participation of…
The small centrist Potami party appears now one step away from losing its Parliamentary group status in Greece’s 300-MP legislature, after two deputies indicated on Saturday that they’ll leave the…
The Piraeus Port Authority (PPA) this week forecast an increase in cruise ship arrivals for 2019 by almost 16 percent, compared to last year. The Cosco-managed port authority also forecast…
By A. Tsimplakis [email protected]
Efforts to recruit even greater numbers of young Greeks to merchant shipping, decades after the sector’s “golden era” at the time witnessed thousands of Greek nationals…
The Tsipras government is studying a so-called “Cyprus model” for extending legal protection, vis-a-vis creditors, to overindebted homeowners’ primary residences, according to a top government official on Thursday.
According to…
By N. Bellos [email protected]
Eurozone finance ministers at a Eurogroup meeting in March are expected to discuss the issue of 600-million-euro tranche of profits generated by Greek bonds held by…
The European Bank for Reconstruction and Development (EBRD) this week announced that it has financed 15 projects in Greece last year, including the landmark Trans Adriatic Pipeline (TAP), NPL portfolios and the Hellenic…
