A businessman on the island of Crete was freed by police on Sunday after six months of captivity.
The 53-year-old man, Mihalis Lebidakis, had been abducted on March 30 near…
By L. Karageorgos
Grimaldi group managing director Emanuele Grimaldi said his company wants to acquire a controlling share of Hellenic Seaways (HSW) from Attica group, otherwise it wants the latter…
Greek Finance Minister Euclid Tsakalotos ruled out new austerity measures in 2018, while repeating the embattled government’s pledge that the looming third review of ongoing bailout will conclude in a…
Alpha Bank’s weekly economic bulletin this week points to tourism and exports of small-scale manufacturing goods as the biggest positive factors in a budding Greek economic recovery,
According to the…
An increase of 1.6 percent was reported by Greece’s statistics authority (EL.STAT) in the retail turnover index for July 2017, compared with the same month in 2016.
The volume of…
By I. Zafolia
[email protected]
A year-long rally at the Athens Stock Exchange (ASE) over the first nine months of 2017 has improved the bourse’s performance compared to the end of…
The concessionaire that now manages 14 regional airports around Greece – including the best-known tourism destinations – on Friday downplayed recent press reports pointing to a demand for a 70-million-euro…
A Greek transport ministry draft bill long expected to tackle the “Uber” threat apparently aims to quash all apps bringing together customer and professional driver without the need of a…
Government sources in the Greek capital on Friday evening first referred to the prospect of US President Donald Trump receiving Greek Prime Minister Alexis Tsipras at the White house in…
Bailout-dependent and recession-battered Greece apparently lost significant ground in 2015 in yet another global index , as the Fraser Institute report on economic freedom worldwide announced this week that the…
Bank of Greece (BoG) Gov. Yannis Stournaras spoke at an event hosted by the British Hellenic Chamber of Commerce in Athens on Thursday evening, detailing what he called the challenges…
The consortium that recently assumed the management of 14 regional airports around Greece – including ones in the best-known tourism destinations – reportedly wants a 70-million-euro rebate from the Greek…
Ryanair continued to scale back its presence in Greece, despite the increasingly high tourism numbers being posted in the country over the past few years.
The low-cost carrier will reportedly…
Lost VAT remittances in Greece for 2015 reached five billion euros, according to a study by the Commission, which was published on Thursday.
The figure, which translates into 28.3 percent…
IMF Managing Director Christine Lagarde is set to meet with Hellenic Bank Association president Nikos Karamouzis in London, according to sources that spoke with “N”.
The main point of discussions,…
Βy Prof. Dr. Alexander Kritikos Research Director Entrepreneurship, DIW Berlin Professor at University of Potsdam
Grand coalitions are obviously unfolding bad consequences to the two large German parties. This was so…
Top IMF official Poul Thomsen, an “old hand” in no less than three Greek bailouts, on Thursday confirmed a looming compromise with European institutions over the Fund’s demands for a…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Thursday demanded the firing of a relevant culture ministry general secretary, as a ministry-affiliated council tasked with reviewing a major real…
The Greek subsidiary of Qatar’s sovereign fund, Al Rayyan, on Wednesday filed a lawsuit against “any party involved” in last month’s wildfires, which destroyed portions of the properties owned by…
After-tax profits for the Public Power Corp. (PPC), the dominant electricity utility in the country, reached 14.4 million euros during the first half of the year, a decrease of 74.8…
Eighteen former executives of the Siemens parent company and its subsidiary in Greece have been indicted on felony charges related to an ill-fated contract for the purchase and activation of…
Yet another meeting of a culture ministry-affiliated council, which is tasked with approving a master plan and environmental impact study for the biggest real estate development plan in Greece to…
Greece fell a spot in the World Economic Forum’s global competitiveness report for 2017-18, winding up in the unenviable – for a Eurozone and EU member-state – ranking of 87th…
Deputy prime minister Yannis Dragasakis on Wednesday reiterated that a closely watched real estate development, billed as one of the biggest or biggest in Europe currently, will proceed as planned,…
The northeast Aegean island of Samothrace was declared in state of emergency late Tuesday after torrential rains hit the island, causing widespread flooding and related property damage.
Vehicles were swept…
A shortfall in projected revenues from income taxes and corporate taxes on individual taxpayers and businesses, respectively, widened by 216 million euros in August, Greece’s finance ministry announced this week.…
By D. Alexaki [email protected]
High annual losses and melting domestic consumption were cited by ice cream-maker Froneri Hellas this week as the reasons behind a decision to close its production…
Greece’s four systemic lenders will undergo “stress tests” before the current bailout program for the country ends in August 2018, if statements by two top European leaders on Monday are…
The Cosco-managed Piraeus Port Authority (PPA) on Monday announced higher profits and turnover in its H1 2017 results.
Specifically, turnover reached 520 million euros over the first six months of…
Main opposition New Democracy (ND) continued to field a double-digit percentage point lead over ruling SYRIZA in the latest poll, which was unveiled on Monday evening.
Specifically, center-right ND picked…
