A spokesman for the small right-wing Independent Greeks (AN.EL) party on Friday reiterated that its MPs will leave the current coalition with leftist SYRIZA when the provisional Prespa agreement comes…
A convicted Greek urban terrorist serving 11 life sentences was granted his fifth furlough from prison on Thursday, this time for six straight days.
The decision, by members of a…
The creditor-mandated primary budget surplus, as a percentage of GDP, for the Jan-Nov 2018 far exceeded the target, reaching 7.626 billion euros on the back of an increase in revenues…
The Bank of Greece’s (BoG) interim report on monetary policy (2018) this week again insisted on agreed-to reforms as well as a pro-business, pro-market policies to boost the recovering Greek…
An explosive device went off on Thursday morning outside a well-known cathedral in the upscale Kolonaki district of central Athens, wounding a nearby police sentry, and, according to other reports,…
Two “holiday” violations by Turkish warplanes were recorded on Tuesday, Christmas Day in Greece, with two pairs of Turkish F-16s entering the Athens FIR in the afternoon without a prior…
The positive effects of the so-called “Airbnb effect” on Greece’s recovering real estate sector came under the Bank of Greece’s (BoG) scrutiny, with the effects listed in the central bank’s…
Dipping temperatures, drizzle and even snow in northern Greece and the country’s mountainous regions are on the weather forecast for Tuesday, Christmas Day.
Snowfall is expected to continue southward and…
By S. Zisimos
[email protected]
New business listings overtook closings in 2018, according to data announced by the development and economy ministry’s General Commercial Registry this week.
Up until Dec. 21,…
Sixty-three foreign nationals were arrested in the early morning hours of Saturday on charges of illegally trying to exit the country, after a crowded sailboat carrying the group was located…
By E. Sakellari [email protected]
Implementation of new International Financial Reporting Standards for European banks’ regulatory capital will significantly affect the latter’s balance sheets, a report by the European Banking Authority…
The relevant labor and social insurances minister confirmed this week that a new framework to settle arrears to social security funds will be implemented in the first quarter of 2019,…
Plans for renewing and improving the rail connection between Greece and Serbia, via the former Yugoslav Republic of Macedonia (fYRoM), was cited by both visiting Greek PM Alexis Tsipras and…
By L. Karageorgos
[email protected]
Greek shipowners and shipping companies again were the top buyers and sellers of vessels worldwide in 2018, while remaining in first place in terms of number…
Greece’s privatization agency on Thursday announced that it has accepted an improved offer by an investment scheme for a 40-year concession of the right to use and exploit the marina…
The main opposition New Democracy (ND) party returned to double digit percentage point “territory” in its lead over ruling SYRIZA party, in the most recent opinion poll presented on Thursday…
Celebrated NCAA and NBA basketball coach Rick Pitino will assume the reins of Greek giants Panathinaikos BC for the remainder of the season, his agent confirmed on Thursday on in…
Greece’s justice ministry on Thursday issued a quick response to this week’s European Court of Human Rights (ECHR) conviction of Greek courts’ handling of an inheritance dispute involving members of…
Burgeoning bilateral and trilateral cooperation between Greece, Israel and Cyprus recorded another milestone on Thursday with an agreement, in principle, by the three nations to proceed with a major undersea…
The finance ministry, as expected, on Thursday tabled a draft amendment to extend an out-of-court settlement framework for private sector arrears by a year.
The amendment lowers the ceilings for…
The Turkish defense minister on Wednesday warned that Ankara has “taken all necessary measures” and will not tolerate any fait accompli in the Aegean and Mediterranean, in reaction to a…
By V. Vegiri
[email protected]
Greek exports in 2018 will exceed reach roughly 34 billion euros, according to the Association of Northern Greece exporters on Wednesday, a new record on the…
Moody’s Investors Service on Wednesday downgraded Greek gaming IT and sports betting manager Intralot S.A.’s corporate family rating to B3 from B2 and probability of default rating (PDR) to B3-PD…
A relevant Parliament committee on Wednesday approved – via a majority of member-deputies – the appointment of Vassili Thanou-Christofilou as the new president of the country’s competition watchdog authority, despite…
Beleaguered Folli Follie (FF) group on Tuesday unveiled a major restructuring plan that its outgoing management has negotiated with bond holders, with one point citing the submission next month of…
Enesel has reportedly signed an agreement with Korean shipyard Daehan for the building of another two suezmax tankers (158,000 dwt) with an option for another two, according to Allied Shipbrokers.…
No less than nine tax and duty obligation deadlines expire on Dec. 31, 2018 for Greece’s beleaguered taxpayers and recession-battered businesses, with the total sum budgeted for collection during the…
By L. Kalamara
[email protected]
The power was officially cut to Greece’s biggest and oldest steel mill, Halyvourgiki, on Tuesday for arrears to the country’s dominant electricity utility, with the total…
By L. Karageorgos
[email protected]
The TEMES group, which operates the world-class Costa Navarino resort in extreme southwestern Greece, is expected to close out 2018 with a total turnover exceeding 69…
Greece’s closely scrutinized draft 2019 budget was passed by a majority of Parliament MPs on Tuesday evening, following a marathon debate and yet another acrimonious clash between Greek Prime Minister…
