Bloomberg on Thursday – a day after “Black Wednesday” for the banking index at the Athens Stock Exchange – reported that Greek authorities are considering various initiatives to prevent a…
By S. Emmanuil
semm@naftemporiki.gr
The first findings of an Athens prosecutor’s preliminary investigation into the beleaguered Follie Follie Group is expected in the coming period, with the case file so…
By D. Alexaki
dalex@naftemporiki.gr
Nestle Hellas (Greece) this week inaugurated a new production line at its Inofyta plant in southern Viotia prefecture, due north of greater Athens, an investment worth…
The leftist-rightist coalition government went into “damage control mode” in wake of yesterday’s “Black Wednesday” for the banking index the Athens Stock Exchange (ASE), with anonymous finance ministry circles first…
A mini-crash of the banking index at the Athens Stock Exchange (ASE) on Wednesday more-or-less expressed international investors’ concerns over the four Greek systemic banks’ recent lackluster results, as well…
The state’s arrears to the private sector reached 3.036 billion euros at the end of August 2018, of which 1.974 billion euros comprised arrears owed by general government entities, such…
By T. Igoumenidi tigoum@naftemporiki.gr
The Greek government is offering owners of illegal buildings a 20-percent discount on a penalty payment essentially legalizing the latter – mostly second residences in non-zoned…
Union of Greek Shipowners (EEE) president Theodore Veniamis on Wednesday decried what he called an “intense negativism” against ocean-going shipping by some quarters, which also display a “hypocritical” stance on…
Bank shares at the Athens Stock Exchange (ASE) were taking a beating on Wednesday morning, with double-digit percentage point losses just after noon local time.
Piraeus Bank’s share, for instance,…
By S. Papapetros spapap@naftemporiki.gr
A forecast by Greece’s labor and social insurances ministry that the new social security umbrella organization (EFKA) will post a 1.1-billion-euro surplus in 2018 is expected…
Social security spending in Greece for the first eight months of 2018 reached 16.918 billion euros, down from 17.059 billion euros during the corresponding period of 2017, down by 0.82…
The first post-bailout tax breaks appeared in the 2019 draft budget, which was tabled in Parliament on Monday, mostly based on the modest pledges made by Greek Prime Minister Alexis…
More deaths were recorded in Greece in 2017 as opposed to births, according to the Greek statistics authority this week, exacerbating a decades-old demographic problem in the country.
Last year,…
A top administrative review body, Greece’s Court of Audit has approved an agreement to sell-off a state-run rolling stock maintenance company to Ferrovie Dello Stato Italiane-controlled rail operator Trainose SA.…
By E. Sakellari esak@naftemporiki.gr
IMF auditors are expected back in Athens at the end of this month, with the focus now directly on the financial state of Greece’s thrice recapitalized…
Main opposition New Democracy (ND) president Kyriakos Mitsotakis on Tuesday toured a migrant/refugee “hotspot” on the eastern Aegean island of Samos, where he again sharply criticized the leftist-rightist government over…
CNBC on Monday warned of “another fight” between the current Greek coalition government with its creditors and markets, in a dispatch from Athens coinciding with the submission of the 2019…
By G. Kampourakis gkamp@naftemporiki.gr
A high-ranking government source told “N” on Monday that a landmark agreement to resolve the fYRoM “name issue” will first be ratified by Greece’s Parliament before…
By T. Tsiros
ttsiros@naftemporiki.gr
The Greek state can achieve a primary budget surplus of 3.56 percent of annual GDP – or 122 million euros more than the prescribed target in…
By S. Zisimos
zstam@naftemporiki.gr
New business registrations increased by 4.5 percent over the first nine-month period of 2019, a development that was also accompanied by a significant decrease in the…
By A. Tsimplakis
atsimp@naftemporiki.gr
Container ships appear to generate a larger share of emissions produced by commercial vessels compared to their overall number and transport capacity, according to a recent…
By N. Bellos
Although the issue of suspending a scheduled pension reform, set for January 2018, was not discussed at Monday’s Eurogroup meeting in Luxembourg, subsequent statements by top Eurozone…
The Athens-based Foundation for Economic & Industrial Research (IOBE) on Monday announced a noteworthy decrease in Greece’s economic sentiment index for September 2018, dropping to 101.3 points from 105.3 points…
By T. Tsiros ttsiros@naftemporiki.gr
The Greek government foresees GDP growth in 2018 reaching 2.1 percent (up from 2 percent prescribed in the medium-term fiscal program) and 2.5 percent for 2019,…
Greek Prime Minister Alexis Tsipras reportedly spoke by phone late Sunday evening with his counterpart in the former Yugoslav Republic of Macedonia (fYRoM), Zoran Zaev, hours after the polls closed…
Greece’s foreign ministry reacted cautiously on Sunday to the result of a same-day referendum in the former Yugoslav Republic of Macedonia (fYRoM) over a provisional agreement to resolve the long-standing…
Throwing leaflets outside the US ambassador’s well-guarded residence in downtown Athens on Sunday while reportedly riding atop motorcycles was the latest “flash intervention” by a notorious self-styled anarchist group.
True…
A light earthquake measuring 4.7 on the Richter scale was recorded at 16.15 (14.15 GMT) on Sunday southeast of the large island of Crete, some 28 kilometers from the Zakros…
By I. Zafolia izaf@naftemporiki.gr
Reports of massive discrepancies in Folli Follie Group’s 2017 results, including a difference of 290 million USD in cash reserves for its China operations along with…
Much of southern Greece continued to experience weather-related problems on Sunday, as a severe cyclone-like stormed caused torrential rainfall and heavy seas.
Hundreds of calls to the fire brigade were…
