The US embassy in Athens on Friday negatively reacted to this week’s petition a notorious urban terrorist to be freed from a Greek prison due to serious health reasons, a…
Greek Prime Minister Alexis Tsipras again dismissed any possibility of declaring snap elections, speaking in Brussels on Friday, as his leftist-rightist government struggles this week to deal with the abrupt…
Greek Prime Minister Alexis Tsipras on Friday, speaking from the sidelines of an EU summit in Brussels, said he won’t publicize a lengthy resignation letter by his recently resigned foreign…
The European Commission has requested more information from Athens regarding the recently tabled 2019 draft budget, with a relevant request reaching the Greek finance ministry on Friday.
The Commission wants…
Deputy Prime Minister and Economy Minister Yannis Dragasakis met with Titan cement group’s CEO Dimitris Papalexopoulos on Friday, hours after the large Greece-based industrial concern said it was moving its…
The leftist-rightist Greek government again went into “damage control mode” late this week after Nikos Kotzias’ high-profile resignation as Greece’s foreign minister, with a top minister and associate of Prime…
By E. Sakellari [email protected]
Greek banks and Single Supervisory Mechanism (SSM) have reportedly agreed over new targets to lower “bad debt” held by the former, with initial reports pointing to…
By T. Igoumenidi [email protected]
An abrupt announcement on Thursday evening by Titan S.A., one of the biggest cement producers in SE Europe and an industrial mainstay in Greece for decades,…
The latest NOME-type auction this week – the last for 2018 – witnessed a record-breaking price for blocks of future electricity production, topping off at 54.74 euros per MWh/h.
The…
Greece-based Titan Cement Co. S.A. on Thursday announced a voluntary tender offer, submitted by Titan Cement International S.A., for the exchange of all the ordinary shares and preference shares issued…
By E. Sakellari [email protected]
Negotiations between National Bank of Greece (NBG) and Shanghai-based Gongbao to sell-off NBG’s insurance subsidiary – Ethniki Hellenic General Insurance S.A. – ended unceremoniously this week…
Main opposition New Democracy (ND) party continues to field a double-digit percentage point lead over ruling SYRIZA in the latest – almost monthly – opinion poll by the Pulse firm,…
MSC Cruises and Fincantieri on Thursday announced the signing of a memorandum of agreement (MOA) for the construction of four ultra-luxury cruise ships, in a deal worth two billion euros.…
Greek Alternate Finance Minister Giorgos Chouliarakis on Thursday denied that his government’s closely scrutinized 2019 draft budget includes “two alternate scenarios”, ostensibly to allow it to choose which it will…
Greek Prime Minister Alexis Tsipras spoke with his counterpart from the former Yugoslav Republic of Macedonia (fYRoM), Zoran Zaev, on Wednesday, a few hours after the former’s foreign minister, Nikos…
A US State Department official on Wednesday replied to a question by Greece’s state-run news agency regarding the same-day resignation of Greek Foreign Minister Nikos Kotzias, expressing Washington’s appreciation for…
A light earthquake measuring 4.2 on the Richter scale was recorded overnight (23.03 GMT) and pinpointed in a sea region 55 kilometers south, southwest of the Ionian island of Zakynthos…
One of Greece’s most notorious urban terrorists, Savvas Xiros, has filed a request for parole, citing serious health reasons.
Xiros is serving five life sentences for is participation in the…
Greek lender Piraeus Bank this week announced that it will finance a 200-million project in the Thriassio industrial district, west of Athens proper, to build a massive logistics hub connected…
Greece-based Energean, and oil and gas provider, will pursue a secondary listing on the Tel Aviv Stock Exchange, with the process expected to be completed by Oct. 29, the company…
Greece’s occupies an unremarkable 57th place – out of 140 countries surveyed – on the World Economic Forum’s Global Competitiveness Index, scoring 62.1, and with its worst scores in the…
In a brief televised statement outside his office on Wednesday afternoon, Greek PM Alexis Tsipras first thanked resigned foreign minister Nikos Kotzias and then reiterated that his decision to assume…
Greek FM Nikis Kotzias tendered his resignation to Prime Minister Alexis Tsipras early Wednesday afternoon, with the leftist prime minister to assume the sensitive portfolio.
The sudden development comes after…
A government spokesman on Wednesday used a “train metaphor” to reply to persistent press questions over cracks in the leftist-rightist coalition government’s cohesion, and following a tumultuous Cabinet meeting a…
A Council of State (CoS) ruling applying a five-year statute of limitation on a case involving the imposition of higher Value Added Taxes (VAT), to the tune of 830,000 euros,…
More than one-third of Greek citizens continue to be threatened by poverty and social exclusion, with one-fifth of residents in the country also facing problems in paying for basic heating…
The Greek economy grew by 1.5 percent in 2017, revised from a previous assessment of 1.4 percent made last March, according to Greece’s statistics authority on Wednesday.
The revised, upwards,…
The Vardinogiannis group has purchased the small non-systemic and Cyprus-listed Investment Bank of Greece (IBG) for 75 million euros, an announcement stated on Tuesday.
The bank was previously owned by…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis again pointed to a couple of major privatizations and investments in the recession-battered country that continue to face legal and bureaucratic obstacles,…
A series of optimistic assumptions accompany the draft Greek 2019 budget – the last budget submitted by the current leftist-rightist coalition before general elections are held next year – and…
