US Secretary of Commerce Wilbur Ross arrived in the northern city of Thessaloniki on Friday, where he was received by Greek Prime Minister Alexis Tsipras. Ross will represent the United…
Navios Maritime Containers Inc. is heading for a listing on NASDAQ under the symbol to “NMCI”, with the plan being to float 5,263,158 common shares at a share price of…
A 32-year-old in the northwest city of Florina was arrested on Friday on charges of illegally possessing and trafficking antiquities, after authorities discovered 46 ancient and medieval coins in his…
By V. Vegiri
[email protected]
Nine out of 10 people surveyed in Greece recently believe that the recently concluded third bailout will not mark an end to austerity policies, assessing that…
US ambassador to Greece Geoffrey Pyatt on Friday referred to “a landmark in our bilateral relationship” in describing Greek-US relations, as the United States is the honored nation at this…
G. Kouros [email protected]
A reduction in the unpopular property tax (ENFIA), by 209 million euros annually, and cuts in certain tax rates for taxpayers and businesses alike are expected to…
By S. Emmanuil
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Easyjet founder and shipowner Stelios Haji-Ioannou is reportedly considering an investment in the Greece-based start-up Ferryhopper as part of the easyGroup.
Initial reports refer to a…
Greece’s Center for Disease Control and Prevention (HCDCP) on Thursday said the death toll from West Nile fever has reached 21, with 178 incidents reported in the country so far.…
By L. Karageorgos
[email protected]
Greek shipowners and Greek-controlled shipping companies continued to hold an overwhelming lead in terms of vessel sales and purchases over the first eight months of 2018,…
Greek banks continued to reduce their exposure to “bad loans” in the second quarter of 2018, according to figures released by the Bank of Greece (BoG) on Thursday.
The sale…
The Acropolis Museum is among the top six museums in the world for 2018, according to Tripadvisor, which bestowed its annual “Travellers Choice Awards” this week.
The distinctions are awarded…
Seasonally adjusted unemployment eased to 19.1 percent in June 2018, compared with an official rate of 21.3 percent in the same month of 2017, the country’s statistics authority (EL.STAT) announced…
Main opposition New Democracy (ND) party on Thursday directly questioned the recent acquisition of a private electricity trader and provider in the neighboring Former Yugoslav Republic of Macedonia (fYRoM) by…
By G. Palaitsakis [email protected] Audits of taxpayers with high incomes and assets have slowed in Greece over 2018, as have fines for violations discovered during such probes, according to the…
The Council of State (CoS) has reportedly overturned a controversial surcharge on wine, according to Greek Wine Federation, in a statement on Tuesday.
The highly unpopular surcharge on wine was…
A trio of Council of State (CoS) rulings this week rejected an appeal by the Autocephalous Orthodox Church of Greece requesting that it be excluded from paying taxes on income…
A glimmer of hope for the embattled Tsipras government that creditors will acquiesce to a postponement, or even suspension, of scheduled pension cuts as of Jan. 1, 2018, emerged this…
The most experienced of the “old hands” involved over the past quarter century in the “name issue”, US diplomat Matthew Nimetz, reiterated this week that if a Sept. 30 referendum…
Former main opposition New Democracy (ND) leader Vangelis Meimarakis will be lead the center-right party’s election slate in next year’s European Parliament elections, sources close to the party said on…
By L. Karageorgos
[email protected]
The end of the summer tourism season in increasingly tourism-dependent Greece will be marked by the commencement of property auctions involving up to 100 insolvent hotels…
Greece’s National Council for Radio and Television (ESR), the independent watchdog and licensing authority for broadcasters in the country, on Wednesday announced the recipients of five nationwide television licenses.
All…
Thirty-six professional fishermen in Greece have sent an extra-judicial notice to the Greek government charging that Turkish coast guard vessels and rival fishermen from the neighboring country are systematically encroaching…
Greek tourism got a major international boost this week as the east Mediterranean country was chosen as the top destination in the “The World’s Top 100” category, which was announced…
Spreads for Greek 10-year bonds climbed higher this week into the “prohibitive range”, influenced by investors’ jitters over developing markets and standing concerns over Italian finances.
On Wednesday morning, indicatively,…
The latest report by the Organisation for Economic Co-operation and Development (OECD) more-or-less confirms what Greek taxpayers and business owners in the country continue to suffer in the second half…
Reduced pressure on Greek lenders’ H1 2018 results from lower non-performing exposures (NPEs) is the highlight of four separate reports by BofA/Merrill Lynch this week, one for each systemic bank…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Tuesday reiterated that, if elected as the next prime minister, his future government will immediately reduce social security contributions and promote…
Greek Foreign Minister Nikos Kotzias was in the western Turkey port city of Izmir on Tuesday for the inauguration of Greece’s newly renovated consulate building, using the occasion and the…
Greece-based Aegean Airlines on Tuesday announced that it was temporarily suspending its Athens-Tehran route as of Oct. 11, 2018, citing restrictions on banking transactions and currency exchange as the reason…
By L. Karageorgos [email protected]
A powerful seamen’s union in Greece on Tuesday announced a suspension of a same-day 24-hour strike, meaning that ferry boat routes throughout the country can gradually…