A consortium comprised of partially state-owned Hellenic Petroleum (Hel.Pe), Total and Exxon Mobil has been awarded a concession to begin hydrocarbon exploration in sea blocks west and southwest of Crete,…
Greece’s privatization fund, the Hellenic Republic Asset Development Fund (HRADF), on Tuesday announced that its board of directors accepted an improved financial offer for the sale of a 100-percent stake…
The board of Greece’s privatization fund on Tuesday voted to disqualify three investment schemes that it said did not meet criteria in order to participate in the second phase of…
Commitments must be met, but are not inflexible, EU Commissioner Pierre Moscovici said during his whirlwind visit to Athens on Tuesday, in reference to the political “hot potato” entailed with…
The number of third country asylum seekers (Mideast war refugees and would-be migrants) on Greece’s eastern Aegean islands hosted in shelters and “hotspots” numbered 17,771 as of July 3, 2018.…
Embattled Defense Minister Panos Kammenos on Tuesday again referred to the Prespes agreement between Athens and Skopje to resolve the fYRoM “name issue”, calling it a “bad deal” and saying…
By A. Tsimplakis [email protected]
Prices of luxury residences and villas in Greece’s top tourism destinations continue to skyrocket, even as the rest of the country endures the effects of a…
Greek Prime Minister Alexis Tsipras used a Cabinet meeting on Monday to launch a sharp attack against the main opposition New Democracy (ND) party, linking it to Austrian Chancellor Sebastian…
US ambassador to Greece Geoffrey Pyatt on Monday praised a bilateral agreement by Greece and Bulgaria covering natural gas pipelines and supply between the two SE Europe neighbors and EU…
Economic sentiment in Greece fell in June 2018, the first time in five months, according to the Athens-based Foundation for Economic & Industrial Research (IOBE), with the relevant index reaching…
Prime Minister Alexis Tsipras told his Cabinet members on Monday that last month’s Eurogroup decisions for the country – debt relief measures and the framework for post-bailout supervision – was…
Disgraced former defense minister Akis Tsohatzopoulos is being released from prison due to health reasons, following a relevant decision by a five-justice appellate court in Athens.
The court accepted a…
The head of the small Potami party, Stavros Theodorakis, on Monday said he and its remaining MPs will not support any government emanating from the current Parliament composition.
Theodorakis spoke…
The Bank of Greece’s (BoG) first official reaction to last month’s Eurogroup agreement – debt relief measures, the country’s post-bailout supervision- came on Monday, echoing a view by creditors that…
A “tax tsunami” agreed to in 2016 and unleashed in Greece last year – an integral part of the Tsipras government’s “road map” to meet creditors’ memorandum-mandated fiscal targets –…
Outspoken Defense Minister Panos Kammenos, the head of a small right-wing party that props up the Tsipras government as the junior coalition partner, on Sunday left open the possibility of…
The leader of the small centrist Potami party on Sunday reportedly recommended to its elected officials and cadres that the party withdraw from a new grouping mostly established around the…
By V. Vegiri [email protected]
A majority vote at a regular general assembly of shareholders of the recently privatized Thessaloniki Port Authority (OL.Th) on Friday voted against relieving members of the…
EU Commissioner Pierre Moscovici will be in Athens on July 2 and 3, with meetings with Greek leadership scheduled, including with PM Alexis Tsipras and opposition political leaders. He will…
Shades of a looming election season tentatively emerged in Greece over the past few days, with Greek Prime Minister Alexis Tsipras announcing a transport subsidy for permanent residents and SMEs…
Greek Prime Minister Alexis Tsipras on Friday announced that a scheduled harmonization of VAT rates on five eastern Aegean islands with the rest of Greece will be suspended, citing the…
Greece Public Debt Management Organization on Friday announced that the Greek state will auction off 1.250 billion euros worth of 26-week T-Bills next Wednesday (July 4, 2018), in book entry…
A joint meeting between the leaders of Germany, Spain and Greece will be held on the margins of the European Council in Brussels on Friday, it was announced the same…
Greece will save up to a whopping 336.7 billion euros from recently granted debt relief measures, the German daily “Bild” reported this week, basing the astronomical figure, as it said,…
Greece’s representative to the IMF, Michalis Psalidopoulos, on Friday said an upcoming report by the Fund on Greece will be more “positive than the previous one”, a closely watched report…
The head of the Athens prosecutor’s office on Friday ordered a preliminary investigation into a social media post by an individual linked with a notorious anti-state group, which threatens to…
By G. Palaitsakis
[email protected]
Expectations by the finance ministry and the independent public assets authority to collect significant revenues from at least three different lists of Greek citizens with major…
By T. Igoumenidi [email protected]
A 5.2-percent stake in the multinational Ellaktor construction group was reportedly transferred on Thursday to the Kallitsantsis brothers through a stock exchange transaction, with the stake…
T+L magazine is the latest high-end travel magazine to feature a decidedly “off-the-beaten-track” Aegean destination for the ongoing summer season, referring to a “secret Greek paradise”.
The location in this…
The leadership of Greece’s federation of employees of social insurance entities on Thursday flatly disputed government claims that the new Unified Social Security Fund (EFKA) is operating with a surplus,…
