S&P on Monday raised Greece’s long-term foreign and local currency sovereign ratings to B+ from the previous B rating.
In a press release issued on Monday evening (Athens time), S&P…
The Greek state posted a primary budget surplus of 1.525 billion euros in the Jan-May period, over-exceeding a surplus target of 180 million euros. The figure failed to equal a…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Monday evening reiterated his opposition to the recently signed “Prespes Agreement” between Athens and Skopje, which aims to finally resolve the…
Most Turkish citizens that voted from Greece in Sunday’s general election in neighboring Turkey preferred CHP challenger Muharrem İnce, while Turkish President Recep Tayyip Erdogan – who easily won the…
Raucous protests were reported out the main gate of Thessaloniki’s international fairgrounds on Monday afternoon, as demonstrators tried to breakup an event being held by a local chapter of ruling…
By S. Papapetros
[email protected]
Businesses and employers will be able to declare overtime or extra work for their staff via a simple SMS to a labor ministry platform as of…
Greek Prime Minister Alexis Tsipras on Monday offered his congratulations to Turkish President Recep Tayyip Erdogan, a day after the latter was re-elected to the post in a landslide victory.…
The main opposition leader in Greece’s Parliament on Monday requested an off-the-agenda debate on the course of the economy, something more-or-less announced last week.
“It’s there (Parliament) where Mr. Tsipras…
Up to 30 individuals had been arrested on Monday in a wide-ranging police operation in the greater Athens area aimed to dismantle a particularly active ring of pickpockets and purse…
By F. Zois
[email protected]
Athens’ Eleftherios Venizelos International Airport (AIA) continues to rank as one of the biggest investment attractions in Greece over the recent period, with interest picking up…
A ministerial decision now makes the cost of opening a private business in Greece 50 euros, and 60 euros for capital companies – and with payment either by bank transfer…
NATO Secretary-General Jens Stoltenberg reiterated on Monday that the former Yugoslav Republic of Macedonia (fYRoM) will only receive an invitation to join the Alliance if a recently concluded bilateral agreement…
A simmering feud between the leftist-rightist coalition government and the Bank of Greece’s (BoG) leadership resurfaced over the weekend, only hours after a Eurogroup decision over a Greek debt relief…
A Greek army paratrooper was arrested Monday morning in Hania prefecture on Crete after he first fired with his assault rifle, for undetermined reasons, and after abandoning his post. He…
Britain’s minister in the department of transport, the portfolio that includes shipping and maritime issues, told “Naftemporiki” this month painted Brexit as an “opportunity” to negotiate bilateral trade deals outside…
Moody’s regards last week’s debt relief package for Greece, extended by its European institutional creditors, as a credit positive event, with the agency releasing a report on Monday morning. …
A moderate earthquake measuring 5.4 on the Richter scale was reported southwest of the harbor town of Pylos on Monday morning. Few details were available as yet, although the tremor…
Greek Prime Minister Alexis Tsipras will be in London on Monday, where he’ll be received by his UK counterpart Theresa May on Tuesday, followed by Labour leader Jeremy Corbyn. He…
By T. Tsiros
[email protected]
An addendum attached to Friday’s Eurogroup announcement regarding the Greek program – hours after Eurozone finance ministers approved the fourth and last review of the third…
Greek Prime Minister Alexis Tsipras, complete with bright red necktie to accompany his suit, appeared at a soiree of ministers, deputies and party cadres on Friday evening to mark, as…
By Vassilis Kostoulas [email protected]
The early morning Friday agreement at the Eurogroup more-or-less confirmed a series of previous assumptions over a future framework of the closely watched Greek program, but…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Thursday reiterated that his party will vote down a recently signed bilateral agreement between Greece and its northern neighbor, the former…
By K. Deligiannis
[email protected]
Six investment vehicles have submitted non-binding expressions of interest for up to four lignite-fired units (one of which is an operation license) owned and operated by…
A marathon session at the Eurogroup for the better part of Thursday concluded in the early morning hours of Friday with an agreement – called “historic” by European partners –…
Eurogroup statement on Greece of 22 June 2018
Completion of the fourth and final review and growth strategy
The Eurogroup commends the Greek authorities for the completion of all the…
National Bank of Greece (NBG) on Thursday announced an agreement to sell off a portfolio of unsecured NPLs, with a principal value of two billion euros, to CarVal Investors and…
By N. Bellos [email protected]
Ongoing negotiations at the Eurogroup venue are reportedly revolving around the thorny issue of extending maturities for EFSF loans extended to Greece as part of the…
By D. Alexaki [email protected]
Greece-based Andromeda group purchased two rival aquaculture companies this month, buying up Nireus and Selonda by acquiring 74.98 and 79.61 percent of their share capital, respectively.…
Press reports in Athens on Thursday, hours before a crucial Eurogroup meeting the same day, cite a document from a completed EuroWorking Group (EWG) meeting welcoming the Greek government’s commitment…
