A staff level agreement between Greece and its institutional creditors was reportedly given the “green light” on Monday by the Eurozone finance ministers comprising the Eurogroup, with government sources in…
Nine Turkish nationals, all ethnic Kurds, arrested last week in raids on three central Athens apartments, and charged with various terrorism-related offenses, were ordered held on remand after their statements…
By G. Palaitsakis
[email protected]
Tens of thousands of cases of income tax-related investigations in Greece dating from the 2006-2010 period are now considered as permanently closed due to statutes of…
GDP growth in still bailout-dependent Greece reached 1.3 percent in the third quarter of 2017, compared to the same quarter of 2016, a development which showed a continued recovery, but…
By A. Tsimplakis
[email protected]
The Cosco-managed port of Piraeus is expected to exceed the four-million teu threshold, in terms of container cargo, at the end of 2017.
A Cosco subsidiary…
By L. Kalamara
[email protected]
The Greek government is eyeing a liberalization of the gaming sector in the country, with the intent of allowing the establishment of casinos in well-known tourism…
By N. Malliara
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Closely watched “stress tests” on Greek banks will be concluded in April 2018 and not May 2018, with the preceding February looming as the most important…
The latest instance of graffiti-tinged vandalism targeted Athens’ Holocaust monument over the weekend. The outdoor monument is located in the historic Kerameikos district in the center of the Greek capital…
By T. Igoumenidi [email protected]
December looms large in deciding the fate of the massive and closely watched Helleniko privatization in the country, as the government must push through several decision…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis over the weekend announced that he’s determined not to include a close relative in any future government he heads up, in case…
Greek Finance Minister Euclid Tsakalotos on Saturday evening announced that a staff level agreement had been achieved with creditors’ representatives in Athens, a development that is expected to lead to…
Turkey President Tayyip Recep Erdogan will visit Greece on Dec. 7 and Dec. 8, following an invitation by his Greek counterpart, the first such visit by a standing Turkish head…
Italy’s FSI, which assumed the management of Greek rail operator Trainose this year, is ready to present an upgraded route connecting the Ionian Sea harbor of Katakolo with the ancient…
The economic climate in Greece remained mostly unchanged in November 2017, according to a study released on Friday by the Athens-based Foundation for Economic & Industrial Research (IOBE), with a…
By S. Papapetros
A source with the Greek labor and social insurances ministry on Friday said creditors have agreed with a proposal by the Tsipras government to increase welfare benefits…
Main opposition New Democracy (ND) party kept up the pressure on the leftist-rightist coalition government this week over a controversial – and ultimatedly foiled – attempt to sell surplus munitions…
The again timely question of what the current leftist-rightist coalition government in Greece considers as a “working class” primary residence received at least two answers this week, one by the…
Official Athens appeared confident this week that negotiations for the third review of the ongoing bailout program will be concluded without a glitch, a far cry from the months of…
Spanish low-cost carrier Volotea this week announced a plan to use the Athens International Airport as a regional hub, beginning in the spring of 2018.
The development would mark the…
Βy N. Bellos [email protected]
Cyprus and Greece recorded the biggest increases in household electricity rates in the first half of 2017, whereas the average rate in the Eurozone was up…
Greece’s first-ever “tax receipt lottery” debuted on Thursday, years after the idea was first proposed as a way of boosting efforts to curb tax evasion by shops, businesses and self-employed…
An IMF spokesman on Thursday reiterated that the Fund will not participate, as a lender, in the Greek program without an agreement for further debt relief, saying the latter is…
Greek lender Alpha Bank on Thursday announced net profits over the first nine-month period of 2017 totalling 153.5 million euros, and 85.1 million euros in after-tax profits and a deduction…
Fraport Greece on Friday pointed to the cancellation of flights by Easyjet from and to Thessaloniki’s Macedonia Airport, announced the same day, as confirming its concerns over the start of…
A relevant culture minister on Thursday defended her ministry’s handling of licensing and review procedures for a massive property development at the southeast Athens coastal site of Helleniko, saying 30…
Easyjet has reportedly cancelled all its flights to and from Thessaloniki’s Macedonia Airport, citing weather conditions in the northern Greek metropolis that have caused thick early morning fog at the…
Despite the often violent protests to prevent the resumption of property auctions in Greece on Wednesday, the development was nevertheless greeted with a 6.5-percent rise, overall, of bank shares traded…
Athens-based Lamda Development, the lead partner in an international consortium that has won a major property development concession in Greece, on Thursday announced it was ready to begin the multi-billion-euro…
More than 1.22 million applications have been filed online by would-be beneficiaries of a “social dividend” that the leftist-rightist coalition government plans to hand out in December, with nearly half…
By N. Malliara
[email protected]
A resumption of property auctions in Greece on Wednesday, along with the debut of a long-expected electronic auction platform, was greeted by another attempt by protesters…
