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US ambassador to Greece Geoffrey Pyatt on Friday appeared confident that 2018 will serve as a watershed year for Greece’s economic recovery, while referring to a historic milestone for Greek-US…

Greece’s privatization agency, the Hellenic Republic Asset Development Fund (HRADF) on Friday announced that three investment schemes have expressed an interest (Phase A) for a concession to exploit a state-owned marina on…

Reactions over a resurgent effort this month to solve the fYRoM “name issue” continued unabated this week, with the latest development being anonymous threats against Greek Foreign Minister Nikos Kotzias,…

A top adviser to Turkish President Recep Tayyip Erdogan this week continued to ramp up official Ankara’s sabre-rattling – in practically all directions – vowing to “break the arms and…

A noteworthy increase in arrears to the Greek state was recorded in December 2017, a month that included an installment of ever-higher income taxes, property taxes (ENFIA) and a deadline…

By L. Karageorgos [email protected] The value of Greek-owned shipping assets has again exceeded 100 billion USD, after plunging as low as 95 billion over recent years, primarily due to a…

A deputy IMF spokesman on Thursday stressed that the Fund continues to insist on reforms and debt relief as conditions for its participation in the Greek program. Spokesman Williamn Murray…

A 31-percent tranche of Greek natural cosmetics manufacturer Korres changed hands on Wednesday through the bourse transfer of 13 blocks, with a price per share at 5.08 euros, and with…

Greek Finance Minister Euclid Tsakalotos reiterated on Thursday that the still bailout-dependent country does not need a precautionary credit line after August, when the current adjustment program ends. Nevertheless, in…

By L. Kalamara [email protected]  A ruling by the Court of Justice of the European Union (CJEU) has ruled against an appeal by Larco metals works, in south-central Greece, to overturn…

The last report by Parliament’s independent Budget Office, under outgoing head Panayiotis Liargovas, again expresses heightened concerns and caution over looming economic developments in the still bailout-dependent country, warning that…

By S. Papapetros [email protected]   Total arrears to Greece’s social security system, which includes only a handful of pension and health care funds at present, reached 31.285 billion euros over…

Greece’s high-end hotels reported a marginal increase of 3 percent in terms of market value between 2016 and 2017, according to estimates included in an ICAP study, issued this week,…

French politician Jean-Luc Mélenchon’s Left Party (PG) on Wednesday demanded the expulsion of Greece’s ruling party, SYRIZA, from the Party of the European Left, the leftist grouping at the European…

By N. Malliara [email protected] International banking giant Industrial and Commercial Bank of China (ICBC) is seriously considering its entry into the Greek market, according to reports in Athens this week.…

Outgoing Euro Working Group chief Thomas Wieser on Wednesday, in summing up his tenure at the post, said no Greek government truly took “possession” of the bailout programs shepherded by…

The European Central Bank (ECB) will examine 37 euro area banks as part of the 2018 EU-wide stress test conducted with the European Banking Authority (EBA). In line with the…

Visiting Israeli President Reuven Rivlin met with Greece’s main opposition leader on Wednesday a day after an emotional ground-laying ceremony for a Holocaust museum in the northern city of Thessaloniki,…

Michel Temer President of Brazil This past Wednesday, I set out on my first 2018 international activity. I participated in the World Economic Forum in Davos in Switzerland. It enabled…

Greece’s privatization agency, the Hellenic Republic Asset Development Fund (HRADF), on Wednesday announced that 10 investment schemes have expressed an interest for a concession to operate the Alimos marina, which…

By L. Karageorgos [email protected] Minoan Lines has reportedly submitted at least six applications to commence routes connecting the Greek mainland with the Cyclades islands and the large port city of…

By T. Tsiros [email protected] The government’s top economic team is reportedly days from commencing an “operation market exit” expected to culminate in the summer, possibly over three phases, and timed…

Greek Finance Minister Euclid Tsakalotos again referred to a “clean break” with creditors after the ongoing – and third consecutive program – ends in August 2018, in an interview carried…

Greece’s relevant economy and development this week reported that direct foreign investments in the country over the first 11 months of 2017 reached 3.3 billion euros, with the overall total…

By G. Kanoupakis Labor-related costs, excluding wages, along with high lending interest rates are the primary obstacles preventing more direct foreign investments in Greece, according to the head of the…

Main opposition New Democracy (ND) party continues to field a double-digit percentage point lead over ruling SYRIZA in the latest opinion poll results, which were released this week. Specifically, center-right…

Former Greek prime minister Costas Simitis on Tuesday stressed that it was in Greece’s best interest to finally resolve the fYRoM “name issue”, pointing to the 1995 interim agreement as…

By T. Tsiros [email protected] The rate of collection for tax arrears this year must reach a substantial – by Greek bureaucratic standards – 84 percent, whereas seizures of bank deposits…

The most veteran of the “old hands” dealing with the nearly three-decade-old fYRoM “name issue”,  retired US diplomat and corporate lawyer Matthew Nimetz, reiterated on Tuesday that now is the…

Greek Foreign Minister Nikos Kotzias was highly informative on Monday evening when referring to the latest developments regarding the resurrected fYRoM “name issue” and the accompanying resumption of UN-mediated talks…