Eurogroup chairman Jeroen Dijsselbloem on Monday brought to Athens his message of a “clean exit” for Greece from its bailout program, in comments during a succession of meetings with Greek…
The head of an investment group founded by a well-known Greek-American financier, which dominates a consortium that purchased Greece’s biggest insurance company last June, this week stated that investing in…
By L. Karageorgos [email protected]
Hotels in Greece are subject to the second highest business tax rates, compared to the sector’s direct competitors in the wider geographical region, with units in…
Former US Treasury Secretary Jack Lew will stress that fiscal improvement by Greece over the last few years lays the foundations for much needed future growth, while at the same…
By P Kakouris [email protected]
The continued supervision, by institutional creditors, of the Greek state’s finances over the coming decades appears clearly on the horizon, as stipulated in a 2013 EU…
Visiting Eurogroup chairman Jeroen Dijsselbloem will meet in Athens on Monday with main opposition New Democracy (ND) president Kyriakos Mitsotakis.
The meeting is set for the afternoon.
Earlier, the ND…
The latest front-page grabbing political furor in Greece involving the controversial defense minister revolves around reports that Panos Kammenos’ recent trip to London included a sortie at an upscale casino’s…
By T. Tsiros [email protected]
Negotiations between the Greek government and creditors’ top auditors over fiscal targets and figures for 2018 and will begin in the second half of October, by…
Greece’s exit from the bailout memorandums – set for August 2018 – is a common goal for Athens and its European partners, Eurogroup chairman Jeroen Dijsselbloem was quoted as telling…
Main opposition New Democracy (ND) party leads ruling SYRIZA by nearly 10 percentage points, in the latest opinion poll results unveiled over the weekend, with the extrapolated results giving the…
A relevant alternate foreign minister for international relations on Saturday pointed to “fake news” in denying local press reports over the past 24 hours, which charged that Qatar-linked investments and…
Greece’s Regulatory Authority for Energy (RAE), the independent electricity market regulator in the country, has approved off-set measures worth 134.5 million euros to alternative suppliers to cover their losses from…
By J. Kanoupakis [email protected]
The so-called “grey” or “black” economy in Greece, along with smuggling of certain highly taxed commodities, like fuels, remains a major problem, despite recent efforts by…
Two consortia have proceeded to a second phase in a tender to purchase 66 percent of Greece’s natgas grid operator (DESFA): Snam S.p.A., Enagás Internacional S.L.U., Fluxys S.A. and N.V.…
A finance ministry department has suspended the lease granted to a well-known beachfront restaurant and nightclub on the jet-setting island of Mykonos to commercially exploit the equally eponymous beach where…
By J. Kanoupakis [email protected]
Greece’s industrial decline over the past three decades is neatly summed up by the fact that domestic production – excluding exports – covers only 26 percent…
The Thermi Taneo venture capital fund (TTF) this week announced an agreement to set photo-voltaic parks in Greece with a total capacity of 7.5MW to China-based SPI Energy Ltd.
According…
Construction of the underwater portion of the Trans Adriatic Pipeline (TAP) will begin in 2019, according to the project managing director Luca Schieppati, who was quoted by the Azeri news…
Reuters on Thursday quoted Piraeus Bank CEO Christos Megalou as saying that ” internal control deficiencies” that were revealed in a recent Bank of Greece audit have been “rectified”.
“The…
Greek authorities this week announced that nearly 2,800 third country nationals landed on various northern and central Aegean islands in September, a development that marks an uptick in the number…
Canadian multinational Eldorado Gold on Thursday announced that it temporarily postpone a decision on whether to suspend the bulk of its activities at its northern Greece gold and copper mining…
A relevant shipping deputy minister on Thursday said two-thirds of the stored fuel oil in a sunken tanker has been pumped out, as a repercussions from an oil spill continue…
By S. Zisimos [email protected]
The Greek government, systemic lenders in the country and creditors’ top auditors are in the final phase of negotiations over criteria for businesses’ inclusion in a…
Greece’s finance ministry is reportedly planning new bond issues until August 2018 – when the current bailout ends – as well as swaps of 2012 issues worth 32 billion euros.…
By J. Kanoupakis [email protected]
Greek exports continued a 2017, with the latest figures released by the association of exporters showing an impressive increase in demand by third countries.
Results for…
The Organisation for Economic Co-operation and Development (OECD) on Wednesday projected growth in recession-plagued Greece to reach a very modest 1.1 percent in 2017, but jumping to 2.5 percent next…
Euro Working Group head Thomas Wieser was quoted by a Greek website this week as leaving open the possibility of additional austerity measures needed in Greece over the 2019-2020 period.…
By V. Vegiri [email protected]
The elimination of a night-time shift at the port of Thessaloniki’s gate 16 by the customs service has reportedly caused international shipping agencies to avoid the…
By V. Vegiri [email protected]
The elimination of a night-time shift at the port of Thessaloniki’s gate 16 by the customs service has reportedly caused international shipping agencies to avoid the…
Charges of chaotic reactions by state services in the wake of a small tanker’s sinking off the greater Athens area last week resurfaced anew on Wednesday, when the skipper and…
