Official unemployment eased in the third quarter of 2018, reaching 18.3 percent, down from 19 percent in the previous quarter, Q2 2018, and from a 20.2 percent figure recorded in…
Outspoken Greek defense minister Panos Kammenos Thursday again promised that he’ll resign from the Cabinet post and leave the coalition government if the provision Prespa agreement is ratified by the…
By E. Sakellari & G. Sakkas
A team of Moody’s analysts are in Greece this week for talks with representatives of Greece’s four systemic banks, with the focus on efforts…
A traffic accident on a northern Greece tollway resulted in the death of three individuals on Thursday, identified as irregular migrants, the latest deadly incident involving people trafficking on the…
An earthquake measuring 4.4 on the Richter scale was recorded at 08.29 local time (06.29 GMT) in a sea region southwest of the Ionian island of Zakynthos, an active seismic…
By A. Tsimplakis
[email protected]
Chinese multinational Cosco, which owns a majority stake of the Piraeus Port Authority (PPA) and holds its management, remains the global port operator leader, according to…
The Greek statistics authority (EL.STAT) on Wednesday announced for provisional data September 2018 regarding building activity in the country, with newly issued building permits totaling 1,197, and corresponding to nearly…
Main opposition Kyriakos Mitsotakis on Wednesday added his voice to official Athens’ condemnation, a day earlier, over a decision by the Albanian Cabinet to appropriate lands owned by ethnic Greeks…
Lloyd’s List held its annual “Greek Shipping Awards” last Friday in downtown Athens, with outgoing Intercargo association chairman and Angelicoussis group executive John Platsidakis voted as the 2018 “Greek Shipping…
A clay tablet dating to the 3rd century AD or earlier, on which the first 13 verses of Homer’s “Odyssey” are chiseled, is among the “Top 10” finds of 2018,…
A former general secretary of the defense ministry’s one-time armaments directorate, which in the past oversaw major weapons systems procurements by the Greek state, was handed down a 22-year prison…
S. Emmanuil [email protected]
A 35.7-percent stake held by the troubled Folli Follie group in the Attica department store, located in a prominent central Athens location, was divided up on Wednesday…
By L. Karageorgos
[email protected]
Greece’s maritime registry remained in ninth place in 2019, nevertheless reduced from the previous year in terms of the share of the global shipping fleet, according…
The Greek state drained 812.5 million euros on Wednesday from the auction of 52-week T-bills, the second such issue after the country exited the third bailout in August 2018.
A…
By S. Zisimatos [email protected]
An out-of-court settlement procedure for settling arrears of businesses to third parties will be extended for another year, until Dec. 31, 2019, a relevant draft amendment…
By A. Tsimplakis
[email protected]
China’s ambassador to Greece, Zhang Qiyue, detailed Beijing’s ambitious “Belt & Road” initiative on Tuesday, during an event at the Piraeus commercial and industrial chamber of…
By T. Igoumenidi
[email protected]
A joint binding bid submitted by two out of the three major mobile phone operators – and now telecoms providers – in Greece for the troubled…
The provisional Prespa agreement to resolve the long-standing fYRoM “name issue” separating Athens and its northern neighbor was at the center of yet another acrimonious clash on Tuesday in Greece’s…
Navios Maritime Containers L.P. shares debuted on Monday on the Nasdaq Global Select Market board for trading.
Navios Maritime (NASDAQ: NMCI) CEO and President Angeliki Frangou, along with members Navios Containers…
A draft amendment tabled in Parliament this week will abolish an unpopular excise duty on wine production, one of several indirect taxes imposed during a 2016 “tax tsunami” in the…
Greece’s broadcasting watchdog authority on Tuesday ordered a one-day suspension of programming for an Athens-area television as punishment for an comment directed at Panathinaikos Athens basketball star Thanasis Antetokounmpo, which…
Video showing the jailhouse assault of a 19-year-old man remanded in custody pending trial in relation to the murder of a 21-year-old college student was broadcast by an Athens television…
By L. Karageorgos
[email protected]
The high-flying Angelicoussis Shipping group has placed another order for a LNG carrier with Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), with the shipyard referring to…
Attracting desperately needed capital investment to Greece in order to meet an extremely ambitious goal of boosting gross fixed capital formation (GFCF) by 11 percent in 2019, as well as…
By V. Vegiri
[email protected]
A multi-justice first instance court in the northern city of Thessaloniki on Monday postponed a hearing on a petition by Hellenic Steel for protection from creditors,…
European Commission mission chief Declan Costello this week called on Athens to continue implementing structural reforms, especially ones dealing with improvements in the business and investment climate.
Speaking at the 20th Capital…
Goldman Sachs analysts held talks last Friday with executives of Greece’s four systemic banks, during a relevant conference, as the Bank of Greece’s (BoG) recently unveiled plan to reduce “bad…
The state’s arrears to the private sector increased in October 2018 – the last month for which figures are available – reaching nearly two billion euros. Specifically, the figure stood…
A council of justices in the port city of Piraeus on Monday has reportedly rejected a motion by a convicted urban terrorist to be released from prison due to health…
Tax deductions of up to 45 percent will be imposed on pension benefits retroactively returned to more than 110,000 retirees this month – to beneficiaries that were remunerated with so-called…
