US President Donald Trump received an investment-seeking Alexis Tsipras at the White House on Tuesday, although the most noteworthy news to emerge from the meeting is a reported deal to…
Athens-based lender Piraeus Bank has reached an agreement with Direktna Banka A.D. to sell its banking and leasing units in Serbia, according to an announcement by the former on Tuesday.…
Greek Prime Minister Alexis Tsipras referred to his meeting on Tuesday with Donald Trump at the White House as a significant moment for boosting strategic relations between Greece and the…
A top minister in Greece this week essentially announced another “holiday bonus” for 2017, saying the leftist-rightist coalition government will distribute 1,000 euros to one million people, whereas the approval…
Alexis Tsipras will be the tenth Greek prime minister to officially visit the White House since the end of WWII when he is greeted in the Oval Office on Tuesday…
High-profile boasts of a “Greek comeback”, uttered this week, were apparently proved premature, as the country’s statistics authority on Tuesday said GDP in 2016 fell, albeit marginally.
The now independent…
Arrears towards Greece’s social security system that lie outside a settlement process have reached 21.5 billion euros, with another 1.8 billion euros – within a settlement plan – added to…
IMF Managing Director Christine Lagarde received Greek Prime Minister Alexis Tsipras at the Fund’s headquarters in Washington D.C. on Tuesday morning, with both sides sticking to positions widely known and…
By A. Tsimplakis [email protected]
Negotiations between the Onex group and the Greek government over the purchase of the troubled Syros shipyard are expected to begin at the end of the…
Greece’s main opposition leader on Monday sent congratulations to the winner of Sunday’s general election in Austria, Austrian People’s Party leader and outgoing foreign minister Sebastian Kurz.
New Democracy (ND)…
Bank of Greece (BoG) Gov. Yannis Stournaras on Monday again cited the need for an intensification of efforts to conclude the third review of the ongoing bailout program, as well as…
Greece’s privatization fund (HRADF) has reportedly been sent the remaining paperwork in order to transfer 67 percent of the Thessaloniki Port Authority (OLTh) to a consortium that won an international…
By F. Zois [email protected]
Greece’s privatization fund (HRADF) is reportedly ready to sell a 30-percent stake in the authority that owns the Athens International Airport (AIA) in the first three…
The finance ministry on Monday said tax revenues for the first nine-month period of the year reached 34.7 billion euros, missing the target by 2.29 billion. At the same time,…
By N. Malliara
[email protected]
Figures released by Greek lenders this week apparently point to a stricter stance by first instance courts vis-a-vis borrowers’ petitions for protection from banks’ demands –…
Greece’s relevant infrastructure and transports minister on Monday inaugurated the week by unveiling a government initiative to issue traffic-related fines based on a violator’s income criteria.
The income-based system was…
Employment figures in recession-battered Greece over the next 15 months will have – as widely expected – a decisive impact on the course of the country’s economic recovery, private consumption…
Negotiations between the Greek side and top auditors representing the “quartet” of the country’s institutional creditors will begin on Oct. 23, with the goal of concluding the third review of…
By S. Papapetros
[email protected]
Revenues of Greece’s largest and almost universal social security fund, known by its Greek-language acronym of EFKA, are posting particularly positive numbers over the first nine…
Greek Economy Minister Dimitri Papadimitriou referred to “huge interest” by investors vis-a-vis the Greek economy and the still bailout-dependent country, speaking from the United States over the weekend.
Papadimitriou’s comments…
By A. Tsimplakis
[email protected]
The Greek state late last week filed a petition with an Athens first instance court requesting insolvency proceedings against the troubled Hellenic Shipyards S.A at Skaramangas…
The Vero supermarket and retail group posted increased profitability and stable revenues for 2016, with turnover from the group’s outlets in the former Yugoslav Republic of Macedonia (fYRoM) and Serbia…
By K. Deligiannis [email protected]
Greece’s state-run natural gas supplier (DEPA) is eyeing purchases of greater quantities of liquefied natural gas (LNG) over the coming three-year period, a move attributed to growing…
Turkey’s relevant transports and maritime minister arrived in Athens this week for talks with his Greek counterpart, with the issue of Turkish-flagged cruisers and tourist vessels connecting the Turkish coast…
Fraport Greece on Thursday presented plans for the development of the Santorini airport, one of 14 airports around Greece that the company manages.
The plan was presented during an event…
By N. Malliara [email protected]
Greece’s “Olympus-sized” mountain of bad debt and a looming commencement of electronic property auctions dominated a meeting in Washington on Thursday between the leadership of the…
Political fallout continued on Friday from a shocking assassination of a prominent Athens defense attorney a day earlier.
Attorney Michalis Zafiropoulos, 52, was shot dead in his central Athens office…
IMF Europe chief Poul Thomsen on Friday more-or-less reiterated that the Fund is not requesting from still bailout-dependent Greece to take more austerity measures.
Speaking at a scheduled press conference…
Direct reservations for Greek hotels via the Internet increased by 107.49 percent over the January-August 2017 period – compared to the corresponding period in 2016 – while revenues from direct…
The Greek state’s “receipt lottery” will debut at the end of the month, with a 1,000-euro prize to be distributed to 1,000 receipt-holders that have made transactions with credit or…
