The IMF reiterated on Thursday that a scheduled social security spending reduction in Greece, set for January 2019, will improve the country’s prospects and send a “strong message” to investors.…
The Greek-flagged commercial fleet reached 1,865 vessels as of July 2018, only marginal up from the corresponding month of 2017, 0.2 percent.
The figure was released by the country’s independent…
The Greek state and various general government entities allocated 914 million euros last month to cover arrears to the private sector, with the overall arrears figure dropping significantly – another…
A deputy finance minister on Wednesday left open the possibility of the leftist-rightist government also trying to persuade creditors to allow it to avoid lowering an annual tax-free income threshold,…
An army helicopter made a “hard landing” on Thursday morning in a field outside the town of Alexandria, in Imathia prefecture of northern Greece due to engine problems. Initial reports…
Greek Prime Minister Alexis Tsipras called for a new European initiative to deal with a new refugee/migrant crisis emanating from the Middle East, warning that a worsening situation in the…
Transported natural gas via the national grid in Greece dramatically increased in 2017, compared to the previous year, according to figures released this week by the country’s statistics authority (El.Stat).…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Wednesday added his voice to the ongoing debate in Europe concerning over the Union’s policy regarding refugees and efforts to deal…
The government on Wednesday tabled a draft amendment in Parliament that envisions an accelerated framework for recalculating, upwards, the minimum monthly wage scale in the country, something repeatedly promised over…
Greek Finance Minister Euclid Tsakalotos embodied the political cliché of being “cautiously optimistic” when asked if a scheduled social security spending reduction – set for January 2019 – will be…
The Bank of Greece (BoG) on Thursday announced that the central government’s cash balance over the Jan-Aug 2018 period posted a deficit of 2.616 billion euros, compared to a deficit…
By Vassilis Kostoulas [email protected]
Achieving annual fiscal targets is not a sufficient enough reason to suspend a pending round of social security spending cuts, institutional creditors continue to stress to…
Net after-tax profits for Minoan Lines reached 1.9 million euros in the first half of 2018, while the coastal shipper’s turnover neared 40 million euros. EBITDA reached 8.5 million euros.…
A decade after a rapid subprime mortgage crisis in the US morphed into a government debt crisis in Europe and then into a global economic downturn, a majority of citizens…
Political “jockeying” between the two coalition partners, leftist SYRIZA and the small right-wing Independent Greeks’ (AN.EL) party that affords it a slim Parliament majority, continued this week over a divisive…
Main opposition New Democracy (ND) party this week reacted angrily to statements by a television panelist on the state-run broadcaster ERT, who referred to an address by the party’s president,…
The president of an association of chambers of commerce in Greece, Constantinos Michalos, on Monday assessed that the business world in the country “absolutely agrees” with the proposed measures announced…
By G. Sakkas [email protected]
Despite the lifting of ban on the sale of non-prescription pharmaceuticals – everything from shampoo to combat hair lice, to cough medicine to even urine collectors…
Vancouver-based Eldorado Gold Corp., the parent company of Hellas Gold SA., is demanding 750 million euros in damages from the Greek state over what it calls delays and obstacles in…
Property owners and managers in Greece have until Nov. 30, 2018 to register online with the tax bureau if they’ve leased out lodgings where the last day of departure was…
Greek labor minister Efi Achtsioglou on Monday evening promised that an amendment aimed to raise the minimum monthly wage scale – for full-time employment – in the country will be…
The Marshall Islands (RMI) registry and Green Award last week announced their cooperation, whereby the registry will provide GA-certified ships with a 30-percent discount on annual marine services fee.
The…
By L. Karageorgos [email protected]
The first private high school in Greece specializing in maritime vocation studies opened on the eastern Aegean island of Hios (Chios) on Friday, operating as a…
By F. Zois [email protected] 95-million-euro expansion program at Thessaloniki’s Macedonia Airport begins this week, with newly upgraded taxiing runways ready by the end of the year.
The specific airport,…
Greece placed last in a Eurostat list, published on Monday, in terms of Eurozone members’ job vacancy rate for the first quarter of 2018, coming in at 0.7 percent, followed…
Greek Finance Minister Euclid Tsakalotos will participate, as an observer, at a PES Ecofin ministerial network meeting on Wednesday in Berlin, continuing an ongoing “flirt” between ruling leftist SYRIZA party…
By V. Vegiri
[email protected]
Priorities on a coming “to do” list by the east Mediterranean country’s privatization agency reportedly include the Egnatia motorway that crosses the breadth of northern Greece…
By E. Sakellar
[email protected]
Bank officials in Athens that spoke to “N” last week said discussions with European banking authorities to determine new goals for reducing NPEs posted by Greece’s…
Members of a notorious anti-state group struck again on Monday morning, this time breaking the windows of the Iranian embassy in Athens before throwing bottles and paint inside its premises,…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis faced reporters on Sunday, for a customary Q&A session held on the sidelines of the Thessaloniki International Fair (TIF), the same venue…
