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Romania’s Grup Feroviar Roman (GFR) is the latest private company to enter Greece’s rail transport sector. GFR, which has a European license for rail cargo transport, already submitted documentation to…

By G. Kouros [email protected] The first post-bailout budget that the Tsipras government will table, the draft budget for 2019, will be implemented during a year in which three scheduled elections…

Cosco’s container terminal subsidiary at the Piraeus Port Authority (PPA), managed by the parent company, posted another record over the Jan-Oct 2018 period, edging closer to the Chinese multinational’s goal…

By S. Emmanuil [email protected] Consultants for embattled Folli Follie Group are reportedly stepping up contacts with would-be investors in order to guarantee both short-term financing – to cover current operational…

The first heavy snowfall of the season blanketed much of the mountainous regions in northern and central Greece, with the first snowflakes also seen in the peaks around the greater…

The number of visitors to Greek museums in July 2018 increased by 4.6 percent compared with the corresponding months in 2017, with revenues also up by 9.2 percent. Over the…

Firebombs, tear gas and the first appearance of a water cannon vehicle were the “highlights” of overnight rioting in central Athens, mostly centered in and around the main Polytechnic building…

By L. Karageorgos [email protected] The skyrocketing daily rate for LNG carrier hires, reaching as high as 220,000 USD from roughly 38,000 USD last May, has wetted Greek shipowners’ appetite for…

Scattered violence was reported around the Athens polytechnic early Saturday evening, mostly masked youths rocking firebombs and rockets at assembled riot police, as the annual commemoration of a students’ uprising…

Another power outage was reported on the large Dodecanese island of Rhodes on Saturday due to a malfunction in the electrical grid, with a gradual restoration coming in the late…

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Friday reiterated his position that the provisional “Prespa Agreement” is a negative development for the country, stressing from the northern city…

The Tsipras government officially responded on Friday to an earlier decision taken by the powerful Orthodox Church of Greece’s Holy Synod to exclude the issue of public sector salaries for…

The number of Greek citizens studying in the United States increased by 3.3 percent during the 2017/18 academic year, while the number of US students in Greece increased 21.1% during…

Greek Prime Minister Alexis Tsipras greeted former French president Francois Hollande to the Maximos Mansion government house on Friday with the adage “true friends are revealed in difficult times,” saying…

The Autocephalous Orthodox Church of Greece’s Holy Synod, its top ecclesiastical body, on Friday voted to exclude the issue of clergymen’s payroll from church-state negotiations, a development viewed as a…

By K. Deligiannis [email protected] Energean’s exploration target in 2019 for its Israeli operations is 2.3 trillion cubic feet of natural gas, according to a trading and operational update unveiled on…

A group of top SYRIZA lawmakers – ministers, former ministers and MPs – was prevented from entering the Athens Polytechnic on Friday to lay a wreath, ahead of Saturday’s commemoration…

The latest report by the Hellenic Fiscal Council points to a “investment gap” of 100 billion euros over the next few years that Greece must cover in order to re-approach…

By L. Karageorgos [email protected] Danaos Corp. presented improved Q3 2018 results on Thursday, amid a still “soft” container shipping market. Moreover, a recent restructuring of its loan portfolio also brightened…

By D. Alexaki [email protected] Greece’s relevant agriculture ministry has approved of 112 investment plans for aquaculture units around the country, with 60 different companies included, of which the “lion’s share”…

Βy E. Sakellari A plan by the Bank of Greece (BoG) to deal with tens of billions of euros worth of “bad loans” burdening Greek banks’ balance sheets, by creating…

US Ambassador to Greece Geoffrey Pyatt on Thursday echoed recent statements out of Washington, namely, that the Republic of Cyprus has the right to exploit the resources found in its…

A promotion video for the Greek National Tourism Organization, entitled “Greece – A 365-day Destination”, picked up the “People´s Choice Award” for the best tourism film 2018. The award is…

An International Monetary Fund (IMF) spokesman on Thursday again reiterated that the Fund is now restricted to an advisory role in the post-bailout Greek program, while it is not in…

By N. Bellos [email protected] Eurozone members’ representatives at Thursday’s Euro Working Group (ΕWG) provided a tentative approval to the Tsipras government’s request to suspend pre-legislated social security cuts, which are…

Greece’s Court of Audit has reportedly approved of a contract to extend the concession for the Athens International Airport by 20 years. The concession extension, submitted to the country’s privatization…

Motions by Folli Follie Group (FFG) for continued protection from creditors, on the one hand, and a group of investors holding shares or bonds issued by the beleaguered company, on…

By L. Karageorgos [email protected] Negotiations over the past year between the MIG investment fund and Fortress over the sale of a controlling stake in Attica Group, a major coastal shipping…

By M. Hatzikonstantinou & K. Deligiannis The president and CEO of Public Power Corp. (PPC), Greece’s dominant power utility, on Wednesday more-or-less revealed lackluster results for Q3 2018, pointing to…

Parliament debate on constitutional revision officially began on Wednesday, less than a year before general elections must be held in Greece, and with main opposition leader Kyriakos Mitsotakis reiterating a…