A State Department official on Tuesday urged Ankara to avoid statements and acts that increase tensions in the east Mediterranean, a dispatch by Greece’s state-run news agency reported on Wednesday…
Reuters on Tuesday reported that Athens risks missing out on the first tranche of returned ECB profits generated from Greek bond it and other Eurozone central banks possess, citing delays…
Ryanair on Tuesday announced a new route from Athens to Kyiv (Kiev), with a twice-weekly service commencing in April 2019, as part of discount carrier’s summer 2019 schedule.
Ryanair’s Athens…
By S. Zisimos
[email protected]
The first two licenses for production of medical cannabis in Greece were issued this week, according to the relevant alternate economy and development minister.
The approved…
UBS on Tuesday revised, downwards, its forecasts for two Greek banks’ share prospects, announcing that the target price for Alpha Bank was set at 1.43 euros per share, down from…
Greek households’ was slashed, on average, by 42 percent, where the average reduction in monthly income, during the period 2009-14, was 513 euros.
The results were included in study unveiled…
Eurogroup president Mario Centeno on Tuesday expressed his conviction that thrice bailed-out Greece will remain on a “reform path” and meet its obligations to creditors.
Centeno, in testimony before a…
Although non-profit, non-state universities are still prohibited in Greece – with the state’s monopoly enshrined in the constitution, no less – Politico reported on Monday that the European Union is…
The forthcoming unveiling of a proposed framework by the Bank of Greece (BoG) to manage the Olympus-sized “mountain” of “bad debt” burdening Greek systemic banks’ balance sheets has generated increased…
Costamare will take full possession of five container ships that it manages in partnership with York Capital fund, according to reports this week.
The Greek-controlled and NYSE-listed shipping company, founded…
An Athens first instance justice on Monday rejected Folli Follie’s motion for temporary protection from creditors, with the beleaguered Greece-based retailer and accessory maker now facing the prospect of judicial…
By G. Fokianos [email protected]
Ankara fired off more threats this week in order to scare off multinationals from drilling in Cyprus’ Exclusive Economic Zone in the eastern Mediterranean, coinciding with…
Wood & Company on Monday unveiled gloomy forecasts for Greek bank shares on the Athens Stock Exchange (ATHEX), in the wake of a downgrading by MSCI of the three out…
Bank of Greece (BoG) Gov. Yannis Stournaras met with main opposition New Democracy (ND) president Kyriakos Mitsotakis on Monday, with talks reportedly revolving on the central bank’s efforts to reduce…
A moderate earthquake measuring 5.1 on the Richter scale was reported on Monday in a sea region southwest of the Ionian island of Zakynthos. The quake was recorded at 13.05…
Greece armed forces’ general staff and the corresponding Jordanian general staff have signed a military cooperation agreement, which includes joint actions in operational sectors and training, as well as an…
The Archbishopric of Athens’ press office on Monday categorically denied same day media accounts of purported dialogues between Archbishop of Athens and All Greece Ieronymos with main opposition New Democracy…
By L. Karageorgos
[email protected]
Australian tourists in Greece, on average, spend the most per visit, while Turkish tourists top the list in terms of expenditure per overnight stay, according figures…
Romania’s Grup Feroviar Roman (GFR) is the latest private company to enter Greece’s rail transport sector. GFR, which has a European license for rail cargo transport, already submitted documentation to…
By G. Kouros [email protected]
The first post-bailout budget that the Tsipras government will table, the draft budget for 2019, will be implemented during a year in which three scheduled elections…
Cosco’s container terminal subsidiary at the Piraeus Port Authority (PPA), managed by the parent company, posted another record over the Jan-Oct 2018 period, edging closer to the Chinese multinational’s goal…
By S. Emmanuil
[email protected]
Consultants for embattled Folli Follie Group are reportedly stepping up contacts with would-be investors in order to guarantee both short-term financing – to cover current operational…
The first heavy snowfall of the season blanketed much of the mountainous regions in northern and central Greece, with the first snowflakes also seen in the peaks around the greater…
The number of visitors to Greek museums in July 2018 increased by 4.6 percent compared with the corresponding months in 2017, with revenues also up by 9.2 percent.
Over the…
Firebombs, tear gas and the first appearance of a water cannon vehicle were the “highlights” of overnight rioting in central Athens, mostly centered in and around the main Polytechnic building…
By L. Karageorgos
[email protected]
The skyrocketing daily rate for LNG carrier hires, reaching as high as 220,000 USD from roughly 38,000 USD last May, has wetted Greek shipowners’ appetite for…
Scattered violence was reported around the Athens polytechnic early Saturday evening, mostly masked youths rocking firebombs and rockets at assembled riot police, as the annual commemoration of a students’ uprising…
Another power outage was reported on the large Dodecanese island of Rhodes on Saturday due to a malfunction in the electrical grid, with a gradual restoration coming in the late…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Friday reiterated his position that the provisional “Prespa Agreement” is a negative development for the country, stressing from the northern city…
The Tsipras government officially responded on Friday to an earlier decision taken by the powerful Orthodox Church of Greece’s Holy Synod to exclude the issue of public sector salaries for…
