Financial Times on Friday reported that a subsidiary of the US-based private equity group KKR has made its second foray into Greece’s massive NPL market, with reports saying it will…
Four Turkish nationals were arrested along the western bank of the Evros River in extreme northeast Greece on Thursday next to the border with Turkey, which the specific waterway delineates.…
The Russian foreign ministry on Friday formally complained to Greece’s ambassador in Moscow over what the pro-Kremlin site calls “anti-Russian” statements by Athens.
The development comes after an unprecedented souring…
A contract to sell-off 66 percent of Greece’s state-run Gas Transmission System Operator S.A. (DESFA) was signed on Friday between the country’s privatization fund (HRADF) and Hellenic Petroleum (Hel.Pe) group, on…
One apparent “silver lining” in the economic and political implosion that has plagued Greece since 20009-2010 is that e-governance has rapidly flourished in the process, bypassing much of what was…
By G. Kampourakis [email protected]
Political speculation in Athens this week, at least on the domestic front, centered on the upcoming cuts in social security spending, an austerity measure agreed…
Greece’s Hellenic Confederation of Commerce and Entrepreneurship (ESEE) this week issued detailed instructions on how businesses and producers in the country can secure the trademark “Macedonia” or “Macedonian” for their…
The first Greece-based company affected by the recent Trump administration decision to slap tariffs on a series of European products is Corinth Pipeworks, following a rejection of an application that…
The IMF continued to toe a strict line vis-a-vis the Greek program, nearly a month before the third and last bailout ends on Aug. 21, with the Fund on Thursday…
A union in Greece representing casino workers has declared a 48-hour strike for the coming weekend, lasting until midnight on Sunday.
The union (OSETYP) said the industrial action aims to…
The Tass news agency on Thursday reported that a scheduled visit to Greece by Russian Foreign Minister Sergey Lavrov has been postponed.
If confirmed, the development would be linked with…
A 55-year-old woman was arrested by police at a shopping mall in southern Athens this week on charges of repeatedly scratching and slashing infants with her fingernails or a sharp…
A former labor minister in a previous center-right government on Thursday stepped up the opposition’s burgeoning political attack on the leftist-rightist coalition government, months before another round of social security…
By T. Igoumenidi
[email protected]
Corporate advisory and consulting firm Glass Lewis recommends a vote in favor of the proposals submitted by Ellaktor shareholders Anastasios and Dimitris Kallitsantsis, as a board…
The now closely monitored process to draft Greece’s 2019 budget has more-or-less official begun, as an urgently issued circular by the alternate finance minister this week calls on all entities…
Official Athens reacted angrily on Wednesday hours after a Russian foreign ministry spokeswoman warned of repercussions due to the expulsion of two Russian diplomats from Greece, with the former referring…
A Russian foreign ministry spokeswoman on Wednesday said the recent expulsions of two Russian diplomats from the country “cannot but have consequences”, roughly a week after press reports disclosed the…
Greece now has the tools with which to implement the reforms that will allow its economy to grow in a sustainable manner, Eurogroup president Mario Centeno was quoted on Wednesday,…
The primary state budget surplus over the Jan-Jun 2018 reached 6.494 billion euros, according to provisional data released on Wednesday by the Bank of Greece (BoG).
The central government cash…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis this week promised the country’s bar association presidents that if his party wins the next elections he lower tax rates and contributions…
Reports out of Turkey on Wednesday, citing sources in the prosecutor’s office in the border city of Edirne, pointed to the prospect of a maximum prison sentence of two years…
A light earthquake measuring 4.2 on the Richter scale was reported at 10 a.m. (08.00 GMT) on Wednesday northwest of the lake-side city of Ioannina, in northwest Greece.
The quake’s…
The board of directors of National Bank of Greece on Tuesday unanimously voted for acting CEO Pavlos Mylonas to assume the position on a permanent basis.
“Assumption of the NBG…
By Caspar Veldkamp Ambassador of the Netherlands to Greece
The Eurozone has regained its strength. Growth has returned to all Eurozone economies – even to Greece. This current strength is…
Greece’s position in International Transparency’s “Corruption Perceptions Index 2017” improved by 10 positions, compared to the 2016 listing, landing in 59th place, behind …Saudi Arabia but ahead of Jordan.
The…
More than 11,000 signatures have been posted so far on a website to press for a resumption of a ferry boat linking Piraeus with the Cypriot port of Limassol, which…
The Council of State (CoS), Greece’s highest administrative court, on Tuesday issued a preliminary decision to reject a motion filed by various organizations, representing expatriates hailing from the northern Greece…
The Hellenic Financial Stability Fund (HFSF) on Tuesday announced that it was recommending that acting National Bank CEO Pavlos Mylonas be appointed to the position.
NBG’s board of directors is…
A Turkish court in the border city of Edirne on Tuesday rejected a sixth consecutive motion to free two Greek servicemen held in pretrial detention in the neighboring country since…
By T. Tsiros [email protected]
The second half of 2018, as expected, will in large part determine the success in executing the year’s state budget, as figures from the first half…
