Cyprus President Nicos Anastasiades met with Turkish Foreign Minister Mevlut Cavusoglu on the sidelines of the UN General Assembly in New York, a government spokesman in Nicosia confirmed on Monday.…
A total of 122 people were picked up by the coast guard over the weekend off the eastern Aegean islands of Lesvos (Mytilene) and Samos, as they were headed for…
By A. Tsimplakis
[email protected]
Rising tourism figures for the greater Athens area has again rekindled debate over the fact that the Greek capital lacks a world-class convention center, infrastructure able…
The tourism and travel sector accounted for 19.7 percent of Greek GDP in 2017, or 35 billion euros in absolute terms, according to figures presented last week by the president…
Two Athenian establishments found themselves on a list called the “World’s 50 Best Bars 2018”, published by William Reed Business Media and based on voting by 500 international experts, as…
Greek Finance Minister Euclid Tsakalotos will have meetings this coming week with investment fund representatives in Hong Kong and Singapore, as the increasingly pressured coalition government continues to eagerly court…
Former conservative prime minister Antonis Samaras on Sunday launched into a scathing attack against the current leftist-rightist coalition government over a bilateral agreement to finally resolve the fYRoM “name issue”.…
Greece’s dominant power utility, the state-run Public Power Corp. (PPC), on Friday referred to a “vote of confidence by creditors towards the ATHEX-listed company in announcing two loan agreements to…
By J. Kanoupakis [email protected]
The head of Greece’s largest employers’ association, Theodoros Fessas, on Thursday warned that a nascent election season in the country is shifting steam from already agreed…
Greece’s most influential private television station permanently went off the air on Friday, after a Council of State (CoS) plenum rejected a bevy of motions by its management and 112…
By L. Karageorgos [email protected]
Grimaldi Group CEO Emanuele Grimaldi didn’t rule out an interest in Attica Group if the latter comes on the selling block, in comments during a press…
A scheduled reduction in Greek state spending for social security is a standing commitment by country, the Athens daily “Ta Nea” reports on Friday, citing German chancellery sources.
In a…
A European Banking Authority (EBA) report on Thursday, detailing liquidity measures under Article 509 governing cash reserve ratios, noted that “only one country, Greece, presents liquidity coverage ratio (LCR) average…
The Greek government, in close consultation with its institutional creditors, now appears ready to take a pressing initiative to deal with systemic banks’ “mountain bad debt”, in the wake of…
Bank of Greece (BoG) Deputy Gov. Ioannis Mourmouras this week said the thrice bailed-out country’s primary economic policy goal over the coming years should be an upgrade of Greek state…
The Stelios Philanthropic Foundation this week announced a donation, worth roughly 500,000 euros, to be distributed amongst the closest family members of the victims of last July’s Mati wildfire in…
Main opposition New Democracy (ND) this week pounced on eyebrow-raising allegations by the up-until-recently head of an asylum service directorate tasked with identifying third country refugees and managing hotspot-related infrastructure…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Thursday reiterated his call for snap elections, during an event in Athens to commemorate the 44th anniversary of his center-right party’s…
Greek Finance Minister Euclid Tsakalotos on Thursday again appeared optimistic that an already legislated measure to again cut social security spending – set for January 2019 – will be avoided,…
Wednesday’s mass sell-off of bank shares at the Athens Stock Exchange (ATHEX) generated a decision by Greece’s capital market commission, a day later, to investigate the possibility of short-selling manipulation.…
Greek 10-year bonds were under pressure on Thursday, with the yield climbing to 4.5 percent, a day after a mass sell-off of bank shares at the Athens Stock Exchange (ASE).…
Dr. Urs Ruegsegger, the president of the SIX Swiss Exchange, has been elected as the new president of the World Federation of Exchanges (WFE), during a general assembly of the…
Bloomberg on Thursday – a day after “Black Wednesday” for the banking index at the Athens Stock Exchange – reported that Greek authorities are considering various initiatives to prevent a…
By S. Emmanuil
[email protected]
The first findings of an Athens prosecutor’s preliminary investigation into the beleaguered Follie Follie Group is expected in the coming period, with the case file so…
By D. Alexaki
[email protected]
Nestle Hellas (Greece) this week inaugurated a new production line at its Inofyta plant in southern Viotia prefecture, due north of greater Athens, an investment worth…
The leftist-rightist coalition government went into “damage control mode” in wake of yesterday’s “Black Wednesday” for the banking index the Athens Stock Exchange (ASE), with anonymous finance ministry circles first…
A mini-crash of the banking index at the Athens Stock Exchange (ASE) on Wednesday more-or-less expressed international investors’ concerns over the four Greek systemic banks’ recent lackluster results, as well…
The state’s arrears to the private sector reached 3.036 billion euros at the end of August 2018, of which 1.974 billion euros comprised arrears owed by general government entities, such…
By T. Igoumenidi [email protected]
The Greek government is offering owners of illegal buildings a 20-percent discount on a penalty payment essentially legalizing the latter – mostly second residences in non-zoned…
Union of Greek Shipowners (EEE) president Theodore Veniamis on Wednesday decried what he called an “intense negativism” against ocean-going shipping by some quarters, which also display a “hypocritical” stance on…
