The monthly target for collecting state revenues was easily surpassed last month, October 2018, according to figures released on Wednesday by the finance ministry. Specifically, revenues reached 5.1 billion euros…
Former minister and high-profile New Democracy (ND) party deputy Adonis Georgiadis on Wednesday said he has formally filed a lawsuit against Swiss pharmaceutical multinational Novartis, charging that the company “remains…
MSCI’s decision, on Tuesday, to shift (as of Nov. 30, 2018) the shares of three Greek systemic banks – Piraeus, National and Eurobank – from its MSCI Standard Greece index…
Poseidon Containers this week announced that it will lease, on a long-term basis, four of its vessels to CMA CGM, and specifically the ships “Mary”, “Kristina”, ‘Katherine” and “Alexandra”.
The…
Former Greek prime minister Costas Simitis on Wednesday said he’ll respond to what he charged is slander against him after he ascertains who is behind it, hours after an Athens…
By S. Papapetros
[email protected]
Revenues collected by the unified social security fund (EFKA) in Greece over the first nine months of 2018 exceeded 28.18 billion euros, with the cash basis…
A draft bill tabled in Greece’s Parliament this week by the labor and social insurances ministry foresees “haircuts” of between 5 to 25 percent on arrears owed by the state…
Anti-corruption prosecutors have reportedly set in motion the process to open bank accounts held by former Greek prime minister, his wife, brother, as well as two former PASOK party ministers,…
Greek army general staff deputy chief Lt. Gen. Nikolaos Manouris visited the Hellenic House in Washington D.C. last week, where he met with American Hellenic Institute (AHI) President Nick Larigakis…
The head of the Greek Parliament’s Budget Office on Tuesday appeared optimistic over the prospects of the primary budget surplus for 2018 reaching 4.5 percent of GDP, a figure that…
Yet another fatal road accident involving migrant trafficking was reported in the early morning on Tuesday outside the northern city of Thessaloniki. One woman, identified as a foreign national, died…
The government on Monday evening announced a reduction of social security contributions by 33.3 percent for self-employed professionals and farmers, with the measure to apply as of Jan. 1, 2019,…
The European Bank for Reconstruction and Development (EBRD) forecasts a recovery in the Greek economy and the country’s labor market, but at an extremely slow pace, with the prediction found…
Senior Euler Hermes and Allianz economist Katharina Utermoehl said the Greek government was slipping in its reform program, making particular reference to a scheduled and pre-legislated round of social security…
The latest “spin” out of Athens regarding the Tsipras government’s stepped up attempt to avoid already pre-legislated pension cuts, set for implementation on Jan. 1, 2019, came on Tuesday morning,…
An explosive device, reportedly packed in a pressure cooker, was found outside the east Athens apartment building where a supreme court deputy prosecutor resides.
Authorities located the object after an…
Turkey’s “exceptionalism” in terms of unilaterally interpreting maritime borders and rights – in lieu of adhering to the UN Convention on the Law of the Sea (UNCLOS) – reached war-torn…
By L. Karageorgos lkar@naftemporikigr
Greek shipowners and shipping interests allocated more than 10 billion USD over the Jan-Oct. 2018 period for new vessel orders and second-hand ships, according to figures…
Three police officers were slightly injured on Monday at the Athens first instance court complex during an unprecedented scuffle involving up to 50 self-styled anti-state activists, on the sidelines of…
Wood & Company this week reminded that there’s “no magic wand” in dealing with the Greek banking system’s problems, such as clearing NPLs and replenishing deferred tax credits following a recent…
Greek Prime Minister Alexis Tsipras’ recollection of how he opted to avoid “Grexit” in July 2015 and resulting consequences from a forced or voluntary departure of the country from the…
The Bank of Greece (BoG) on Monday released a report showing that residential prices in the country increased by 2.5 percent, on average, in Q3 2018, compared with the same…
Main opposition New Democracy (ND) president Kyriakos Mitsotakis will travel to Belgrade on Monday, as part of an official visit to Serbia. The center-right political leader will give an interview…
The former top anti-corruption prosecutor in the country, Eleni Raikou, on Monday filed a petition to exclude her successor, Eleni Touloupaki, as well as another two assistant prosecutors overseeing a…
By T. Tsiros [email protected]
The Tsipras government is reportedly banking on four initiatives over the last two months of 2018 to boost liquidity in Greece’s still feeble markets, and by…
Albania’s foreign ministry on Saturday announced that it was banning the entry into the country of Cyprus MEP Eleni Theocharous, days after she attended the funeral of an ethnic Greek…
Press reports on Sunday evening cited a protest on the Bulgarian side of the Promachonas/Kulata border post connecting Greece with Bulgaria that has stranded dozens of vehicles and their drivers…
Greek Prime Minister Alexis Tsipras was hand in Paris on Sunday for events to commemorate the centennial of the end of World War I, an anniversary that brought together practically…
An ExxonMobil-contracted drillship, the Stena IceMax, arrives on Monday at the Cypriot port of Limassol on Monday ahead of scheduled hydrocarbon exploration in “Block 10” of the Republic of Cyprus’…
A Kenyan long-distance runner was again the winner of the 36th annual Athens Authentic Marathon, with Kipkorir Misoi on Sunday covering the distance from a site just outside the township…