Bank of Greece (BoG) Gov. Yannis Stournaras on Monday emphasized – from Berlin, no less – that reforms in thrice-bailed out Greece must continue, while again warning that Athens’ obligations…
By V. Kostoulas [email protected]
A top Greek banker on Monday shed light on the issue of protection of primary residences in Greece – shielding over-indebted households from creditors – after…
The latest political row in Greece emerged on Monday morning from press leaks of a report by the majority of members on a Parliament committee investigating alleged health sector corruption,…
Albanian Prime Minister Edi Rama referred to an upcoming meeting with his Greek counterpart, adding it will come “very soon”, in comments to Greece’s state-run news agency.
The Albanian leader…
S&P’s upgrading of Greece’s Public Power Corp. (PPC), the state-run and dominant electricity utility in the country, bodes well for the ATHEX-listed company’s efforts to restructure in the next six…
The Greek side is expected to again be on the “receiving end” of pressure by Eurozone partners on Monday during a Eurogroup meeting, with the emphasis being on Athens’ implementation…
National Bank of Greece on Friday reported 48 million euros in profits in the Jan-Sept. 2018 period at the group level, compared with damages of 103 million euros in the…
In one of the more interesting bits of statistics released this month by the country’s independent public revenues authority is the fact that 900 million euros, out of 1.4 billion…
A total of 37 Montenegrin citizens travelling to watch a basketball game in Athens on Friday afternoon were detained at a tollway station west of the Greek capital, after authorities…
Main opposition New Democracy (ND) party president Kyriakos Mitsotakis on Friday weighed in over a successive wave of high school occupations and sit-ins by pupils – mostly in northern Greece…
By T. Tsiros
[email protected]
Business entities in Greece face the fifth highest tax rate on profits in the European Union, despite a recently Parliament voted reduction in the corporate rate,…
By N. Bellos [email protected]
Athens’ pressing request to suspend a pre-legislated social security spending reduction, which was scheluded for Jan. 1, 2019, will be approved at Monday’s Eurogroup meeting without…
Government Deputy PM and economy minister Yannis Dragasakis this week harked back to the turbulent days of the summer of 2015, saying a continuation of the unprecedented crisis at the…
By E. Sakellari [email protected]
Bank sources this week said they expect an out-of-court settlement framework for arrears by taxpayers and businesses – which essentially came on line via an Internet…
Private sector investments in Greece must increase by roughly 50 percent over the next few years in order to achieve an “investment shock”, Bank of Greece (BoG) Gov. Yannis Stournaras…
Taxpayers in Greece left 1.42 billion euros worth of taxes and surcharges unpaid in September 2018, the second highest figure recorded in 2018 on a monthly basis.
Moreover, more than…
Greece’s capital market commission has reportedly detected falsification of figures in beleaguered Folli Follie Group’s balance sheet for 2016, during an audit that was recently completed. Moreover, evidence of intentional…
Greek lender Alpha Bank on Thursday announced the sale of a mixed pool of NPLs comprised of loans allocated to SMEs, and ones mostly secured with property assets, for 1.056…
Greek lender Alpha Bank on Thursday announced its new CEO, with Vassilis Psaltis taking over from Dimitris Matzounis. The former will assume his new post on Jan. 2, 2019.…
A positive assessment by Moody’s of a recently announced plan by the Bank of Greece (BoG) to reduce an Olympus-sized “mountain” of “bad debt” plaguing Greek systemic banks’ balance sheets…
Τwo of Greece’s biggest construction firms, J&P Avax and Ellaktor, have purchased a nearly 10-percent stake in a pair of affiliated companies managing and holding the concession for the Attiki…
The second full-blown winter storm of the season swept through northern Greece on Wednesday, pushing thermometers down by as much as 14C in less than 24 hours.
Snow was reported…
The relevant Greek education minister traveled to Istanbul this week in order to brief the head of the influential Ecumenical Patriarchate and the latter’s top clerics over the Tsipras government’s…
The “winners” from Wednesday’s announcement in Parliament, by the prime minister himself, of a mostly expected reduction in next year’s property tax (ENFIA) rate will be roughly 3.5 million owners…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Wednesday referred to an attempt at political “deception” by the Greek coalition government, speaking hours after Prime Minister Alexis Tsipras unveiled…
The head of Greece’s anti-money laundering authority on Wednesday ordered a freeze on real estate assets held by members of troubled Folli Follie group’s board of directors.
The decision comes…
A total of 59 people were arrested around Greece on Tuesday and Wednesday, including the prominent owner of a nationwide chain of pawn shops, on charges related to investigations over…
This year’s end-of-the-year “social dividend” will reach 710 million euros, Finance Minister Euclid Tsakalotos said from Greece’s Parliament on Wednesday.
He added that whatever one-off welfare benefits doled out next…
A five-justice appellate court in the central city of Larissa on Wednesday suspended the incarceration of a 53-year-old former municipal janitor serving a 10-year prison sentence on a felony forgery…
By L. Karageorgos
[email protected]
Capital Product Partners L.P., the Greek shipping company controlled by Vangelis Marinakis, on Wednesday announced that it will transfer its tankers to a new company that…
