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…
The relevant labor ministry will submit a draft bill to Parliament next week significantly lowering fines imposed on businesses employing wage-earners “off-the-books”, with discounts envisioned in exchange for an employer…
Commission President Jean-Claude Juncker’s message towards Ankara to immediately free two Greek servicemen being held on murky charges in the neighboring country for nearly two months – which he repeated…
Fitch ratings on Thursday noted that Greece’s second-consecutive budget surplus “demonstrates the authorities΄ continuing commitment to fiscal consolidation”
The ratings firm said this supports its expectation of improving debt sustainability,…
EU Commissioner Jean-Claude Juncker met with main opposition New Democracy (ND) leader Kyriakos Mitsotakis in the afternoon, after arriving earlier in the day in Athens for separate meetings with Greek…
Greek Finance Minister Euclid Tsakalotos was quoted by FT, in an article posted on Thursday, as saying that EU monitoring missions will probably be “more frequent” than the twice-a-year evaluations…
“Greece is a great nation, one that we Europeans owe a great deal; Greece is one of the axes of stability in the Balkans,” EU Commission President said during his…
Visiting EU Commission President Jean-Claude Juncker sent a clear message on Thursday from Athens that the country will successfully exit the memorandum era in August 2018 – with the conclusion…
By N. Bellos
[email protected]
Reports out of Brussels this week more-or-less confirmed that supervision of Greece’s finances and fiscal policy after the end of the third memorandum (August 2018) will…
A anti-state group that has gained notoriety over the recent period for brief occupations of state offices and protests at embassies and diplomatic missions struck again on Thursday, this time…
Eurostat this week calculated the number of “severely materially deprived people” in Greece at 21.1 percent of the country’s population, the second highest figure in the EU after Bulgaria (30…
By S. Papapetros
[email protected]
An independent mediation and arbitration entity this week issued a decision that sets minimum wages for staff in Greece’s large and more-or-less robust fast food and…
By L. Karageorgos [email protected]
Greece’s competition committee on Wednesday reportedly approved of Hellenic Seaways’ (HSW) acquisition by the rival Attica Group. Relevant announcements are expected on Thursday.
According to reports…
Greek Prime Minister Alexis Tsipras on Thursday will receiving EU Commission President Jean-Claude Juncker at his Maximos Mansion office.
According to a press release by Tsipras’ office, the meeting will…
The president of the recently established Hellenic Space Organization (ELDO), noted Greek-American space scientist and engineer Stamatios Krimigis, on Wednesday stepped down from the post with a particularly critical letter…
A closely watched draft bill envisioning the sale of four lignite-fired power stations (one being a license for a future plant) and a further liberalization of the wholesale domestic electricity…
A third motion filed by attorneys representing two Greek soldiers, being held in pre-trial detention in a Turkish border city, has been rejected, according to media reports on Wednesday.
The…
A government spokesman on Wednesday said Athens believes it can complete negotiations to conclude the ongoing bailout program on June 21, the date of a regularly scheduled Eurogroup meeting.
Nevertheless,…
The president and CEO of the Public Power Corp. (PPC), Greece’s dominant electricity provider, was received on Wednesday in Skopje by the prime minister of the former Yugoslav Republic of…
By V. Vegiri [email protected]
The total meat market sector in Greece now totals roughly 10 billion euros annually, with turnover between 2009 and 2016 down by one billion euros per…
Greek Defense Minister Panos Kammenos on Wednesday clarified that the country was not discussing the prospect of leasing two Fremm-type frigates from France, saying instead that high-level talks referred to…
