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Serious rioting was reported overnight Wednesday at a “hotspot” for third country nationals on the eastern Aegean island of Lesvos (Mytilene) between Arabs, particularly Iraqi nationals, and Afghans. Several of…

A light earthquake measuring 4.7 on the Richter scale was recorded at 06.18 (04.18 GMT) southwest of the island of Gavdos and the large island of Crete, with an epicenter…

The 2018 state budget was approved on Tuesday evening by 153 MPs in the 300-deputy Greek Parliament, with 144 MPs voting against. A total of 297 MPs voted in the…

Canadian multinational miner Eldorado Gold on Tuesday afternoon issued a statement confirming that an arbitration process pitting it against the Greek state has been extended by 60 days to until…

A vote in Greece’s Parliament is expected in the early morning hours of Wednesday, possibly just after midnight, for the draft 2018 state budget, although the all-important legislation is expected…

Results of the latest European Commission Eurobarometer (autumn 2017) reveal a particularly gloomy outlook by respondents in Greece, with 60 percent of the latter answering in the negative, for instance,…

A lower VAT rate will temporarily continue on five eastern Aegean islands facing the biggest flows of third country nationals being ferried over from the Turkish coast, part of a…

Property auctions will not resume in the greater Athens area – and the Aegean islands – until at least Wednesday, Jan. 3, 2018 – following yet another decision by associations…

Greece’s food authority (EFET) on Tuesday issued a warning to consumers to avoid buying certain products, after a post appeared on a notorious website known for hosting “antifa” and “anti-establishment”…

By T. Igoumenidi [email protected] The European Bank for Reconstruction and Development (EBRD) on Monday announced its first capital investment in Greece outside the country’s credit sector, and its first foray…

By K. Deligiannis [email protected] A deadline for submission of binding offers for a 66-percent stake in Greece’s state-run natgas transmission operator, DES.FA, has been bumped back for Feb. 16, 2018,…

An arbitration body has reportedly recommended a rebate of between 25 to 30 million euros to satisfy claims by Fraport Greece against the Greek state, as the former has charged…

One of the more “biting” austerity measures passed by the current leftist-rightist coalition government, a 50-percent reduction in the state budget for the annual heating oil subsidy, is expected to…

By L. Karageorgos [email protected] Greek shipowners and shipping interests again topped the charts in 2017 in terms of vessel transactions (buying, selling) , as the latter invested 4.47 billion USD…

Main opposition New Democracy (ND) party is given a 12-percentage point lead over ruling SYRIZA party in the latest opinion poll unveiled this week, 30 percent to 18 percent for…

Entrepreneurship among young adults in Greece again fell in 2016, according to a recent study by the Foundation for Economic and Industrial Research (IOBE), which was unveiled in Athens on…

Deutsche Bank CEO John Cryan referred to “opportunities” now available in Greece after many years of recession and structural changes, as he said, speaking at an event in Athens on…

The mandatory submission of annual statements of assets and means for justices and prosecutors in Greece was struck down on Monday by a ruling handed down by the Council of…

A growth rate of 3.1 percent of GDP, on an annual basis, must be posted in the last quarter of 2017 in order to meet this year’s target of 1.6…

The latest one-off welfare bonus announced by the embattled Tsipras government came over the weekend, with a top minister unveiling a 400-euro bonus to be disbursed to any registered unemployed…

By G. Kouros [email protected] The “strategic” goal of Greece’s independent public revenues authority (ADEE), itself a memorandum-mandated condition that was implemented in 2017, appears to be the collection of between…

A resumption of a previously unproductive tax on “surplus profit” from the sale of all types of real estate in still bailout-dependent Greece will again come online in 2018. The…

Greek shipowner Panos Laskaridis will assume the presidency of the European Community Shipowners’ Associations (ECSA) at the start of 2018, following a relevant decision by the ESCA board of directors…

The relevant energy and environment minister on Sunday evening said a concession contract for a logistics and cargo hub in the Thriasio industrial district, west of Athens proper, will be…

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Sunday told party delegates that the center-right ND is prepared for an election at any time, while at the same time…

Greece is among the top five EU member-states that have so far taken advantage of the so-called Juncker stimulus plan, mainly focusing on infrastructure works and financing towards SMEs, according…

Greek Prime Minister Alexis Tsipras on Friday continued a stepped up counterattack by practically all of Greek leadership this week in the face of opposition by certain EU countries to…

A signing ceremony for the transfer of a 67-percent stake in the Thessaloniki Port Authority (OL.Th) has been postponed to Dec. 21, with reports pointing to a delay by Promsvyazbank…

Greek Prime Minister Alexis Tsipras, speaking on the sidelines of an EU summit in Brussels on Friday, told Greek reporters he declined any prospect of a fourth bailout memorandum for…

The fallout from Turkish President Recep Tayyip Erdogan’s recent visit to Greece continued this week, with the relevant Greek foreign minister charging that the outspoken Turkish leader ultimately gave an…