Some 464 million euros was allocated over the January-April 2018 period to cover arrears by the Greek state to the private sector, according to figures supplied on Thursday by the…
A new “solution” landing on the negotiating table in ongoing talks to finally resolve the fYRoM “name issue” reportedly looks like this: “Republika Ilindenska Makedonija”.
The latest proposal was leaked…
By S. Zisimos [email protected]
All types of hi-tech and IT-related companies and firms in Greece appear to have shrunk over the crisis years, and specifically between 2011 and 2016, according…
Thursday’s high-profile meeting in Sofia between Greek Prime Minister Alexis Tsipras and his counterpart from the former Yugoslav Republic of Macedonia (fYRoM), Zoran Zaev, amid increasingly stepped up efforts by…
Greek luncheon meats producer BIKH has filed for bankruptcy protection, after first seeking redress under article 106a of the country’s bankruptcy code.
According to a court petition, as of Dec.…
The founder of Greek air carrier Aegean, Theodoros Vassilakis, passed away this week at the age of 78 after a brief illness.
During a business career spanning nearly six decades…
Main opposition New Democracy (ND) party’s lead over ruling SYRIZA was given as 10.5 percentage points in the latest opinion poll released this week.
According to the Pulse firm’s poll…
The IMF on Thursday again warned that time was running out for creditors to agree on debt relief measures, which would allow the fund to continue in the Greek program…
By F. Zois & K. Deligiannis
Hellenic Post (EL.TA), Greece’s state-run postal service, has promised to cover some 50 million euros it owes the Public Power Corp. (PPC) from the…
European Commission VP and Commissioner for the Euro and Social Dialogue Valdis Dombrovskis this week reiterated that an agreement for Greece’s exit from the current bailout is possible by the…
By I. Zafolia [email protected]
Signs of resilience by the Athens Stock Exchange are now the order of the day, given that Greece’s bourse has experienced a “mini crash” this week…
Greek Prime Minister Alexis Tsipras on Wednesday referred to the need for “right decisions” to be taken in regards to debt relief, speaking during a Party of European Socialists (PES)…
The board of directors of the Hellenic Republic Asset Development Fund (HRADF), Greece’s privatization agency, on Wednesday approved the pre-selection of investment schemes for the second phase in a pair…
Greece’s relevant transport minister on Wednesday blamed the country’s privatization agency, itself a memorandum-mandated obligation, for delays in the tender process to sell-off a major northern Greece tollway and the…
By G. Sakkas [email protected]
Better results by most companies listed on the Athens Stock Exchange (ASE) for 2017 apparently improved their overall financial situation, with total cash reserves held by…
The chief justice of Greece’s Council of State (CoS), the country’s highest administrative court, resigned on Wednesday, speaking at a hastily called press conference where he directly criticized judicial leaks…
The leftist-rightist government on Tuesday evening “resurrected” a surcharge, of between 2 and 6 percent, to be imposed on the sale of smartphones, tablets, PCs, external hard drives and even…
The president of Greece’s Parliament, Nikos Voutsis, on Wednesday is expected to visit two Greek servicemen still being held in pre-trial detention in an Edirne prison, a border city in…
Greek households’ spending for dependents’ education exceeds three billion euros per year, according to a study released this year by a research unit affiliated with the country’s largest trade union…
By L. Karageorgos [email protected]
Star Bulk Carriers has proceeded with another major acquisition over the recent period, with the NYSE-listed but Athens-based shipping company announced the addition of another 15…
The IMF continued to be “bearish” over Greek economic prospects, with a report issued this week by the Washington D.C.-based Fund showing Greece as the only European country where growth…
By E. Sakellari [email protected]
Greek banks’ leaderships are reportedly looking at an “Irish solution” to reduce the massive amount of non-performing loans (NPLs) burdening their credit institutions’ balance sheets, according…
By F. Zois [email protected]
The state-run urban rail operator for the greater Athens area went on the offensive on Tuesday, a day after another 24-hour strike by a portion of…
Monday’s nearly 10-percent drop in the share price of the Public Power Corp. (PPC), the dominant electricity provider in the country, generated the latest clash between the government and the…
Main opposition New Democracy (ND) leader arrived on the northeast Aegean island of Imvros on Tuesday to attend the dedication of an Orthodox chapel on the isle officiated by Ecumenical…
By N. Bellos [email protected]
A European official in Brussels on Tuesday referred to progress in negotiations between diplomats from Greece and the former Yugoslav Republic of Macedonia (fYRoM) towards resolving…
IMF director for Europe Poul Thomsen on Tuesday said the Fund needs an agreement with Greece and European creditors by next week’s Eurogroup meeting, in order to stay on board…
Greek Finance Minister Euclid Tsakalotos on Tuesday dismissed the latest high-profile comments by a top European Central Bank (ECB) official regarding a precautionary credit line for Greece after the current…
Greek Finance Minister Euclid Tsakalotos reiterated, in an interview posted by Frankfurter Allgemeine Zeitung this week, that the leftist-rightist coalition government will not ask for a “precautionary credit line” in…
The head of the European Central Bank’s (ECB) supervisory board, Danièle Nouy, met separately on Monday with Bank of Greece (BoG) Gov. Yannis Stournaras and the top executives of Greece’s…
