The Istanbul-based Ecumenical Patriarchate on Thursday announced that it was recognizing the autocephaly (ecclesiastical autonomy) of the Ukrainian Orthodox Church, a decision that is expected to further exacerbate relations between…
European Union Commissioner Pierre Moscovici told Bloomberg TV on Thursday that the Tsipras government’s pressing request to avoid a pre-legislated social security reduction – set for January 2019 – will…
The fallout from Greek Defense Minister Panos Kammenos’ seemingly “off-the-cuff” remarks at the US Pentagon this week continued to generate political “waves” in Athens on Thursday, with the fissures in…
The Autocephalous Orthodox Church of Greece on Thursday announced that it will pay slightly more than 1.848 million euros in property taxes (ENFIA) for the ongoing year, noting that the…
The Greek affiliate of the International Red Cross and Red Crescent Movement (IRC), the Hellenic Red Cross, on Thursday stressed that it has not received any official notification by the…
Archaeological sites and public museums, including the eponymous Acropolis site in central Athens, remained closed on Thursday, as a federation representing culture ministry employees called a strike in demand of…
Athens-based Intralot this week announced an agreement with Croatia’s state lottery operator, Hrvatska Lutrija, whereby the former will serve as a strategic partner for the latter.
The highlight of the…
By F. Zois
[email protected]
The company managing the Athens International Airport (AIA) is expected to secure 670 million euros from commercial lenders and a European development bank towards covering a…
Visiting German President Frank-Walter Steinmeier referred to a “courageous and brave step” forward for peace and stability in the wider SE region, speaking during an official visit to Athens and…
Moody’s on Wednesday blamed the “low quality” of assets held by Greece’s lenders, whose balance sheets remain burdened by a high pile of NPEs, hours after Bank of Greece (BoG)…
A competition watchdog in Greece has imposed two fines worth more than 27.5 million euros on Elais-Unilever Hellas over violations stemming from its retail and wholesale supply of margarine in…
An unexpected and eyebrow-raising proposal by the Greek defense minister, speaking next to his US counterpart on Tuesday at the Pentagon in Washington no less, of an alternative plan in…
The Greek state raised 813 million euros on Wednesday during an auction for 625 million euros worth 13-week T-bills. Total bids reached 868 million euros.
The uniform yield was 0.65…
The Greek state allocated – on paper – 922.6 million euros to cover arrears to the private sector in August 2018, although final payments paid out by general government entities…
An Athens prosecutor this week referred to indications of fraud in the balance sheets of 18 Folli Follie subsidiaries dating back to 2007, in requesting the freezing of bank accounts…
The consumer inflation rate in Greece posted a small increase in September 2018, up by 1.1 percent on an annual basis. The same figure for September 2017 was 1 percent,…
A relevant energy minister on Wednesday defended a decision by Greece’s state-run power utility to purchase an electricity trading company in the neighboring former Yugoslav Republic of Macedonia (fYRoM) owned…
Greek Defense Minister Panos Kammenos on Tuesday hinted at the prospect of a heightened American military presence in Greece, as he answered press questions after his meeting in Washington D.C.…
Bank of Greece (BoG) Gov. Yannis Stournaras broke his silence this week and assessed that the recent “crash” of the banking index at the Athens Stock Exchange (ATHEX) is not…
A main opposition New Democracy (ND) spokeswoman on Tuesday again called for explanations by the Tsipras government over the purchase of an energy trading company in the neighboring Former Yugoslav…
An Athens council of first instance justices on Tuesday ordered the freezing of banks accounts and safe deposit boxes controlled by members of the Koutsolioutsou family, the majority owners and…
The majority owner of Panathinaikos FC, one of the most popular football teams in the country and the most successful Greek side in European play, on Tuesday announced formal agreement…
The leftist-rightist coalition’s “sniping” against Bank of Greece (BoG) Governor Yannis Stournaras continued on Tuesday, with the ruling SYRIZA party press spokeswoman echoing the government spokesman from a day earlier.…
By S. Papapetros
[email protected]
A new two-year collective bargaining agreement for hotel employees in the country was signed by the relevant labor minister this week, envisioning pay hikes of 1.5…
The IMF appears more optimistic over the Greek economy’s prospects for 2018 and 2019, but less so for the coming five-year period, while at the same time sounding “alarm bells”…
Russian media reports on Monday referred to “preparations” for a possible visit to Moscow and a meeting with Russian President Vladimir Putin by Greek Prime Minister Alexis in the coming…
International press reports continued to scrutinize the banking index’s slide at the Athens Stock Exchange over the past few sessions, especially in the wake of “Black Wednesday” last week, with…
The mayor of Athens on Monday said the Greek capital has so far attracted more than 5.5 tourists and visitors in 2012, pointing to what he called a “total recall”…
The Athens Stock Exchange (ATHEX) closed at its lowest level (641.23) over the past year and a half on Monday, weighed down by an imploding banking index, which was down…
Sellers again far outpaced buyers at the Athens Stock Exchange (ASE) on Monday, with the general index falling under the – latest – “psychological barrier” of 650 points as of…
