The latest grassroots protests this week blocking the auction of foreclosed real estate in Greece generated an uncharacteristically sharp reaction by the association representing notaries in the greater Athens area,…
The latest grassroots protests this week blocking the auction of foreclosed real estate in Greece generated an uncharacteristically sharp reaction by the association representing notaries in the greater Athens area,…
By K. Deligiannis [email protected]
An energy and environment ministry draft bill aims to liberalize the low temperature geothermal sector in the country, especially towards boosting its use in the agriculture…
Fraport Greece on Friday announced an 11.4-percent increase in passenger traffic at the 14 regional airports it manages around the country for September 2017, or 4.2 million passengers in absolute…
By A. Tsimplakis
[email protected]
The southern Aegean region (Cyclades islands), Crete, the central Macedonia province in northern Greece, the greater Athens area (Attica prefecture) and the Ionian islands are, as…
By A. Tsimplakis [email protected]
Mediterranean operators Attica Group and Grimaldi are apparently in the first stages of a “public discussion” over the future of Hellenic Seaways (HSW), given that coastal…
Passenger traffic at Athens’ Eleftherios Venizelos international airport increased by 7.8 percent in September 2017 (yoy), as 2.29 million passengers passed through its gates.
The increase is due to higher…
By A. Tsimplakis [email protected]
The Privinvest shipyards group is expecting compensation from the Greek state of between 150 to 200 million euros, following to a ruling in favor of the…
The Bank of Greece (BoG) on Thursday announced that the governing council of the ECB acquiesced to a reduction of the ELA ceiling for Greek banks by one billion euros.…
The Bank of Greece (BoG) on Thursday announced that the governing council of the ECB acquiesced to a reduction of the ELA ceiling for Greek banks by one billion euros.…
(AMNA) – Eurobank on Thursday announced it has entered into an agreement with Intrum to sell a non-performing loan portfolio of total unpaid principal worth 1.5 billion euros, of which…
The European Commission on Thursday weighed in on the increasingly difficult course of clearing licensing and bureaucratic hurdles faced by the landmark Helleniko real estate development project in Greece.
Speaking…
Athens will reportedly hand creditors relevant General Accounting Office data in the next few days confirming that a major portion of arrears to the private sector – totaling 1.2 billion…
The government and tax bureau believe that eight out of 10 businesses controlled by Greek interests in neighboring countries are “clearly shell companies”, deputy finance minister Ekaterini Papantsiou said recently…
The “Whac-A-Mole-like” legal and bureaucratic hurdles faced by the landmark Helleniko privatization continued on Wednesday with the first legal arguments heard in a lawsuit by 10 plaintiffs demanding that more…
International asset manager BlackRock painted a very rosy investment forecast for recession-battered Greece this week, referring to the country as “resurgent”, and that a successful recent market foray and pending…
Athens-based Lamda Development, the lead company in the international consortium that won the massive land development concession for the Helleniko site, on Wednesday issued a guarded reaction to a decision…
By S. Papapetros [email protected]
A spike in the number of wage-earners remunerated with “borderline poverty” salaries, an improvement in the job market due to a reduction of unemployment but with…
The head of Greece’s privatization agency (HRADF) on Wednesday said the previous evening’s decision by a culture ministry-affiliated council – designating roughly 30 hectares of the Helleniko land development project…
Greece’s competition commission this week handed down hefty fines against several cosmetics companies – including well-known multinationals – for allegedly engaging in cartel-like pricing and distribution practises.
The fines were…
By G. Kouros [email protected]
The draft budget tabled in Greece’s Parliament on Monday confirms the imposition of an additional one billion euros in tax burdens for taxpayers and consumers in…
Bond issues worth five billion euros within 2018 are foreseen in the draft budget for the year, which was tabled in Parliament on Monday.
Such a prospect would increase…
A culture ministry-affiliated council has designated 28 hectares of the former Athens airport as an area of “archaeological interest”, out of a total expanse of 620 hectares.
The closely watched…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Monday took exception to a recent quip by Eurogroup chairman Jeroen Dijsselbloem calling for elections in Greece to be held in…
A stabilizing political situation in the former Yugoslav Republic of Macedonia (fYRoM) in tandem with the pending privatization of the Thessaloniki Port Authority loom as substantive factors for boosting bilateral…
Greek economic sentiment climbed to 100.6 points in September, up from 99 points in August 2017 and 98.2 points in July 2017, its highest point since December 2014 – the…
A first copy of a draft budget for 2018 includes a forecast for a primary budget surplus in 2018 reaching 3.57 percent of GDP – up from a 3.53-percent forecast…
Two environmental groups have filed a motion with the Council of State (CoS), Greece’s highest administrative court, in a bid to overrule a regional government decision quashing an earlier bureaucratic…
Jean-Claude Juncker on Monday punched a hole in a widely held belief – especially in bailout-dependent Greece – that outgoing German Finance Minister Wolfgang Schaeuble was Athens’ standing antagonist in…
By N. Malliara [email protected]
Last week’s apparent compromise between the IMF and European Central Bank (ECB) over the scope and date for assessing Greek banks’ financial health is expected to…
