A Turkish national on Wednesday was arrested in almost the exact border spot where two Greek servicemen were intercepted by a Turkish military patrol two months ago, although in the…
Berlin this week again stayed “on cue” in relation to continuing speculation over Greek debt relief in the coming period, with a relevant finance ministry spokesman saying the conclusion of…
By G. Hatzilidis
[email protected]
The Thessaloniki Port Authority (OL.Th) announced a nearly a 50-percent reduction in profitability in 2017 – its last year as a wholly state-controlled entity – despite…
Greek Foreign Minister Nikos Kotzias called the capture of two Greek servicemen nearly two months ago, after allegedly straying over the Turkish border, an “unprecedented incident … whereby two officers…
The United States supports efforts to resolve the “name issue” between Greece and the former Yugoslav Republic of Macedonia (fYRoM), a Pentagon spokeswoman said in Washington on Tuesday, while adding…
A light earthquake measuring 4.2 on the Richter scale was recorded at 23.50 (21.50 GMT) in eastern Attica, 29 kilometers east by north-east of greater Athens area.
The epicenter was close…
The fallout from an acrimonious political spate, bitter even by modern Greek standards, continued on Monday, with sources close to main opposition New Democracy (ND) joining the fray by charging…
By K. Deligiannis & E. Sakellari
Greece’s four systemic banks are reportedly pressing to receive some two-thirds of the money that the Public Power Corp., the state-run and dominant power…
The latest legal obstacle thrown in the path of Greece’s biggest real estate development – and possible the largest in Europe at present – came this week with yet another…
The Organisation for Economic Co-operation and Development (OECD) on Monday referred to a need to continue the momentum of structural reforms in Greece, while offering a series of recommendations for…
A survey by DiaNEOsis, an Athens-based research and policy institute, shows that 42 percent of respondents in 2017 believe that tax reformn in Greece should be a priority and immediately…
By F. Zois [email protected]
The cost of connecting, by rail, six ports in northern Greece and Bulgaria, the Sea2Sea initiative, has been budgeted at 3.7 billion euros, with most of…
US ambassador to Greece Geoffrey Pyatt again referred to the privatization of the Thessaloniki Port Authority (OL.Th) late last week, touching on the transparency of the transaction and the source…
By E. Sakellari
[email protected]
Banking sources in the Greek capital told “N” late last week that a further loosening of capital controls in the country – imposed in late June…
A high-ranking government council (KYSEA), chaired by the prime minister, on Saturday formally approved of a contract to upgrade 85 US-made F-16s operated by the Hellenic Air Force, a more-or-less…
A now semi-regular “bank-and-forth” between official Athens and Ankara continued over the weekend, with Greek President Prokopis Pavlopoulos calling on Turkish President Recep Tayyip Erdogan to “measure his words, and…
The Power Public Corp. (PPC) group last week reported 804.7 million euros in EBITDA, results that did not include the Independent Power Transmission Operator (ADMIE) S.A., which was legally detached…
Customs officers and tax revenue auditors intercepted to containers loaded with untaxed cigarettes at the port of Piraeus last week, using computer cross-checking and X-ray technology.
More than 24.5 million…
A majority of Greek respondents in a recent opinion poll conducted by the firm Public Issue consider that the most significant problem faced by Greece in its often prickly relations…
An even stranger twist followed this week’s high-profile resignation by the head of Greece’s newly formed space agency – noted Greek-American project manager and scientist Stamatios (Tom) Krimigis – with…
A restoration of collective bargaining agreements, a gradual increase in the minimum monthly wage scale and creation of a Greek development bank are among the highlights, according to Bloomberg on…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis challenged his political rival, Greek Prime Minister Alexis Tsipras, to call snap elections in September if he (Tsipras) believes the “memorandum era”…
Greek Prime Minister Alexis Tsipras on Friday met with the CEO of Italian natural gas infrastructure operator Snam, Marco Alverà, with the looming privatization of Greece’s natural gas system operator…
Implementing already agreed-to reforms is an “utmost priority” for Greece, ECB board member Benoit Coeure told reporters in Sofia on Friday, immediately after the conclusion of a Eurogroup meeting convened…
Crucial decisions regarding the Greek program, as the third and final bailout enters its final stretch, were bumped to the next Eurogroup meeting in June, Eurozone finance ministers decided on…
Bild reports this week that Germany’s central bank (Bundesbank) has earned 3.44 billion euros in profits from the performance of Greek state bonds that it holds.
“No one wanted Greek…
A latest Organisation for Economic Co-operation and Development (OECD) report for 2017 shows increased taxes on the average Greek household, with a four-member family in the country – one of…
The manner in which Greece will exit the third – and last – bailout program next August depends on how much debt relief it wants, ESM Managing Director Klaus Regling…
By E. Sakellari
[email protected]
National Bank (NBG) will continue negotiations with China-based Fosun and Gongbao for the sale of the former’s insurance subsidiary, Ethniki Asfalistiki, according to reports on Wednesday…
The operation of debt-laden Mega television, among the country’s first and most prominent private nationwide broadcasters, will continue until at least May 4, when a motion by the station’s management…
