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…
Greece’s Hellenic Confederation of Commerce and Entrepreneurship (ESEE), which represents SMEs in the country and much of the retail sector, this week again unveiled proposals to reduce what it called…
Greek Prime Minister Alexis Tsipras on Tuesday morning met with representatives of residents from the wildfire-devastated Mati settlement in coastal eastern Attica prefecture. He also toured the site of the…
Ferry boats around Greece remained in port on Tuesday due to another 24-hour strike by the biggest seamen’s union in the country, coming a day after another similar industrial action.…
By S. Papapetros [email protected]
Four sector-wide collective bargaining agreements, reportedly affecting roughly 75,000 wage-earners in the private sector, have now become law and must be implemented by relevant employers, after…
Former Eurogroup president Jeroen Dijsselbloem continued on a somewhat self-critical streak this week, days after his high-profile appearances in Greece, telling a Dutch broadcaster that Eurozone member-states had excessively high…
By V. Vegiri
[email protected]
A tender by Greece’s privatization fund (HRADF) for port activity concessions at the extreme northeast port of Alexandroupolis is expected next month.
The specific port authority…
By V. Kostoulas [email protected]
The International Monetary Fund (IMF) is reportedly insisting on its position on no “back-peddling” over previously implemented reforms in Greece’s labor market, liberalization that the Fund…
The Greek economy continued to grow in the second quarter of 2018, but at a slightly slower rate than the previous quarter. Nevertheless, the figures supplied by the independent statistics…
A seamen’s union has reportedly rejected an offer by coastal shipping operators for a 2-percent annual pay hike, with another 24-hour strike now apparently looming.
Most ferry boat routes in…
A 24-hour strike by Greece’s Panhellenic Seamen’s Federation (PNO), which represents most mid- to lower-ranking crew-members in the country’s coastal shipping sector, has interrupted ferry boat service throughout the country…
Authorities on the Ionian island of Cephalonia are reportedly conducting an investigation into the death of a 20-year-old Australian woman, identified as a model and blogger, who passed away after…
By S. Emmauil [email protected]
Reviews of troubled Folli Follie Group’s finances enter a final stretch this week, with all interested parties, including major shareholder Fosun International, expecting results and a…
The foreign minister of the former Yugoslav Republic of Macedonia (fyrom) appeared optimistic over the weekend that a majority of voters in his country will ultimately approve a bilateral agreement…
A line of vehicles extending some 5 kilometers was piled up on the southbound side of the Athens-Lamia highway on Sunday afternoon, during a mass return of excursionists to the…
The ever-present “agreements must be adhered to” phrase was again uttered by a Eurozone official on Friday, in response to a cascade of reports out of Athens this week that…
By G. Kampourakis [email protected]
A controversial Cabinet reshuffle this week by Greek Prime Minister Alexis Tsipras offered only a brief distraction for his poll-trailing leftist-rightist coalition, as it faces a…
Increased passenger traffic at Greece’s airports continued in July 2018, compared to the same month in 2017, with 3.83 million arrivals recorded last month, up by 9.8 percent from the…
By A. Tsimplakis
[email protected]
Jet-setting Mykonos, in the Cyclades island chain, again confirmed its reputation as one of the priciest spots in the Mediterranean, with recent figures showing its five-star…
A moderate earthquake measuring on the Richter scale was recorded just west of the central Greek city of Karditsa on Friday morning, and specifically at 10 a.m. (08.00 GMT).
The…
Α cruiser carrying no less than 71 foreign nationals was intercepted by the Greek coast guard in the early morning hours of Thursday in a sea region just off the…
Greek lender Alpha Bank on Thursday reported after-tax profits of 12.3 million euros in the first half of 2018, while saying it retained a sector-leading capital position with Common Equity…
Hellenic Petroleum group (Hel.Pe), the biggest petrochemical concern in Greece and one of the largest in SE Europe, on Thursday reported EBITDA up by 25 percent in H1 2018, standing…
The first day on the job of new culture minister Myrsini Zorba coincided with a major Twitter hoax, as an account bearing her name and likeness was used to announce…
Greece’s independent statistics authority reported that the industrial producer price index (PPI) for July 2018 increased by 8.2 percent, compared to the same month in 2017. In a press release,…
