Representatives of some 64 percent of Greece-based businesses surveyed in a recent study said sales to buyers outside the country are a challenge they want to meet.
The Future of…
A petition by the Greek state and Piraeus Bank to declare the Hellenic Shipyards at Skaramangas insolvent was heard before an Athens First Instance court on Friday.
A ruling by…
The Greek state’s pace in covering arrears to the private sector slacked off considerably last month, the Bank of Greece (BoG) reported this week, as only 14 million euros was…
By T. Tsiros [email protected]
A huge chunk of bailout loan money earmarked for Greece, as part of the ongoing third program, is not expected to be disbursed by Aug. 20,…
The number of deaths from this past week’s devastating flooding in western Attica prefecture (west of Athens proper) has reached 19, as the bodies of three men were recovered over…
Some 20 members of a notorious self-styled anarchist group broke through the front gate of the Greek defense ministry and threw pamphlets on Friday afternoon, an unprecedented breach of security.…
A report by the EU’s Court of Auditors (ECA) this week included no less than 10 recommendations to the EU Commission in order to improve its institutional role vis-à-vis memorandum…
Leftist Greek Prime Minister Alexis Tsipras on Friday briefly took a break from concentrating on recession-battered and still bailout-dependent Greece and called for a change in Europe’s economic model.
In…
The German business daily Handelsblatt this week again focused on the Greek economy, pointing to a distinct improvement in certain economic indices but at the same time referring to a…
By N. Bellos
A report by the EU’s Court of Auditors (ECA) this week noted that the bailout memorandums in Greece led to a significant improvement in the country’s fiscal…
Greece’s privatization fund, the Hellenic Republic Asset Development Fund S.A. (HRADF), on Friday issued an invitation to interested parties to submit expression of interest in an international tender for a…
Greece’s balance of trade deficit reached 16.2 billion euros in the first nine months of 2017, an increase of 2.6 billion euros in relation to the same period of 2016.…
A relevant prosecutor’s office tasked with fighting corruption in the public sector on Thursday announced a preliminary investigation into an arms deal with Saudi Arabia.
An order for the preliminary…
A relevant prosecutor’s office tasked with fighting corruption in the public sector on Thursday announced a preliminary investigation into an arms deal with Saudi Arabia.
An order for the preliminary…
One man reported as missing in Wednesday’s devastating flooding in western Attica prefecture (west of Athens proper) has turned up alive, while authorities are searching for another five people still…
By G. Palaitsakis
[email protected]
Data on taxpayers’ deposits in Greek banks cannot be designated as “supplementary information” in efforts, by authorities, to prove the existence of undisclosed income if five…
Creditors’ top auditors are set to return to Athens next week in order to resume negotiations with the Greek government on concluding the third review of the ongoing bailout, with…
A veteran geology professor blamed Wednesday’s deadly flooding in an industrial district west of Athens, north of the Gulf of Elefsina, directly on ill-advised man-made interventions, stressing that “nature had…
The head of Greece’s weather service on Wednesday expressed a view that a spate of separate but devastating rainstorms in the country over recent days may be due to global…
By N. Malliara [email protected]
Application of the new International Financial Reporting Standards 9 (IFRS) is expected to affect the investors’ assessment of Greek banking shares, whereas lenders must also factor…
By N. Malliara [email protected]
Application of the new International Financial Reporting Standards 9 (IFRS) is expected to affect the investors’ assessment of Greek banking shares, whereas lenders must also factor…
The death toll from Wednesday’s catastrophic flooding west of Athens in the industrial Mandra district has reached 15, while several people are missing.…
The relevant energy and environment minister on Wednesday promised unionists from the state-run power company that the leftist-rightist coalition government will not sell-off hydro-electric plants or client “blocs” to independent…
Torrential rainfall overnight and in the early morning hours on Wednesday caused severe flooding west of Athens proper, cutting off the old Athens-Corinth highway and causing widespread property damage at…
A deadline for the voluntary disclosure of undeclared income will again be bumped back, with the latest cut-off date announced by the Greek finance ministry expected to be Nov. 25.…
TUI Austria this week announced that Greece topped its reservations list for the recently ended summer season, as well as for 2016, with turnover related to Greece increased by 25…
The finance ministry proceeded with a further loosening of capital controls in the country, with a relevant decision published on Tuesday in the government gazette, confirming an earlier report by…
Torrential rainfall overnight and in the early morning hours on Wednesday caused severe flooding west of Athens proper, cutting off the old Athens-Corinth highway and causing widespread property damage at…
German mass daily Frankfurter Allgemeine Zeitung this week referred to a growing trend of voluntary repatriations of third country migrants stranded in Greece, in an article filed from Athens.
“At…
By A. Tsimplakis [email protected]
Greek shipowners are apparently again reverting to new shipbuilding, according to figures included in the annual study by Naftiliakis, with orders for 238 vessels (23.9 million…
