The primary budget surplus posted by the Greek state in 2016 was less than previously forecast, according to revised data released on Monday by the country’s independent statistics authority, with…
Registered unemployment in Greece continued to ease in September 2018, although the number of long-term unemployed rose.
According to figures supplied by the Manpower Employment Agency (OAED), the number of…
Beyond the ever-present fiscal targets under the constant scrutiny of Greece’s institutional creditors, outstanding issues involving labor sector liberalization, privatizations – particularly in the energy sector – along with memorandum-mandated…
By D. Alexaki [email protected]
Heineken’s Greek subsidiary, Athenian Breweries (AB), returned to profitability on the back of higher sales for 2016, ameliorating a drop in domestic consumption – due to…
Outgoing German Finance Minister Wolfgang Schaeuble was uncharacteristically positive in his recent comments regarding Greece, saying the country is on a “good path” and that critics’ pessimistic forecasts have not…
Greece’s Cablel group last week announced a major contract to supply underwater cables to Belgium’s Dredging International NV for use in Elia’s Modular Off-shore Grid (MOG) project in the North Sea.…
Brussels Airways will commence direct flights from the Belgian capital (Zaventem) to Kalamata, in extreme southern Greece, next year.
Flights will begin on April 28 and continue until Oct. 6.…
A relevant alternate defense minister over the weekend provided more details over a deal to upgrade Greece’s fleet of US-made F-16s, which was abruptly revealed during Greek Prime Minister Alexis…
Creditors’ top auditors return to Athens on Monday for meetings and talks with the Greek government, with the aim being to conclude the third review of the ongoing bailout by…
The second annual forum by the French-Greek innovation network Mazinnov will take place on Nov. 10 and 11 at the Technopolis venue in inner city Athens’ Gazi district.
Two main…
By T. Igoumenidi [email protected]
Interest by foreign nationals in residential property in Greece is steadily increasing, according to the CEO of an Athens-based real estate website, Spitogatos.
Falling prices –…
The relevant shipping ministry on Friday called for the immediate activation of legislation mandating the raising of a sunken cruise ship from the seabed in Santorini’s iconic Caldera.
The Sea…
Bank of Greece (BoG) Gov. Yannis Stournaras on Friday again warned that standing obstacles to entrepreneurship in crisis-battered Greece are the relatively high level of taxes and social security contributions.…
Greece’s economy remained stagnant during the 2014-2016 period with the real change in GDP being a meager +0.02 percent, according to Eurobank’s weekly economic bulletin.
The bulletin cites both the…
Greek Prime Minister Alexis Tsipras called for a “cool-headed” stance by the European Union in relation to ongoing developments in Turkey, while at the same time pointing to a need…
By L. Kalamara
[email protected]
This week’s announcement that a local appliance manufacturer, whose brand-name has featured prominently in Greece since 1865, is headed for closure sent more shivers through…
A Syrian man was arrested in the extreme northeast Greek port city of Alexandroupolis on Thursday on suspicion of belonging to a jihadist group operating in the Mideast country.
Authorities…
Greece’s first-ever crematorium is apparently on course for construction, with a site in a gritty inner city district of southwest Athens picked as the location.
Past opposition by the dominant…
A notorious group of self-described anti-state activists in Athens again struck on Thursday, this time invading and vandalizing the offices of a public organization tasked with collecting social security arrears.…
Government sources in Athens on Thursday defended an agreement – officially revealed this week – to upgrade Greece’s fleet of US-made F-16 warplanes, countering that the deal will begin when…
By L. Kalamara [email protected]
Consumer confidence in Greece continued to hover at much lower levels than in the rest of Europe, despite a relative improvement that was recorded in…
Greek Prime Minister Alexis Tsipras “stayed on message” during an address at the Brookings Institute in Washington D.C. on Wednesday afternoon, underlining that the still bailout-dependent country is finally exiting…
By N. Bellos
A contract worth up to 2.4 billion USD for the upgrading of Greece’s fleet of US-made F-16s will come under the scrutiny of the country’s institutional…
By S. Emmanuil [email protected]
A report by Athens-based ICAP Group shows the number of women in top management positions or as the heads of businesses as slowly but steadily…
Του Κώστα Δεληγιάννη
[email protected]
Companies that purchase blocks of future electricity production through so-called NOME auctions must distribute a minimum amount – starting initially at roughly 30 percent – to…
By N. Bellos [email protected]
European creditors are reportedly lukewarm to the prospect of another “holiday bonus” that the Tsipras government wants to extend to roughly one million beneficiaries come December,…
A German government spokesman on Wednesday merely noted that there was nothing new to convey regarding Berlin’s stance vis-a-vis the issue of Greek debt relief, saying Germany’s stance reflects the…
By N. Malliara [email protected]
The first mass circulated payment orders, corresponding to demands worth four billion euros, will be sent next month to borrowers in Greece holding non-serviced bank loans,…
By N. Malliara [email protected]
The first mass circulated payment orders, corresponding to demands worth four billion euros, will be sent next month to borrowers in Greece holding non-serviced bank loans,…
Greek Prime Minister Alexis Tsipras underlined what he called an “absolute priority” given by his coalition government to attracting foreign investments to the recession-battered country, in a meeting with the…
