By I. Zafolia [email protected]
The value of corporate bond issues under negotiation in Greece’s domestic markets is expected to exceed one billion euros by the end of the year, based…
By T. Tsiros [email protected]
The IMF’s stance in forthcoming negotiations to conclude the third review of the current Greek bailout program – the third in succession – remains a question…
By Thanos Catsambas
The atrocious events in Charlottesville, VA on August 12 and the stunning position of President Trump are surpassed by only one dumbfounding aftershock: the inability of most…
By L. Karageorgos [email protected]
Recession-battered and bailout-dependent Greece has nevertheless attracted up to nine million more tourists – not counting cruise ship arrivals – over the past five years, bringing…
Greece’s leftist justice minister raised eyebrows in the country at the end of the week by declining an invitation to an international conference in Tallinn, Estonia that will include a…
A Council of State (CoS) council of justices on Friday ordered a temporary freeze to the ongoing insolvency process for the recently nationalized greater Thessaloniki area urban bus company (OASTh).…
A 22-year-old Belgian citizen was arrested late Friday evening at the port of Corfu aboard a passenger ferry on a terrorism-related European arrest warrant.
Italian authorities notified Greek police of…
Fitch Ratings has upgraded Greece’s Long-Term Foreign-Currency Issuer Default Ratings (IDR) to ‘B-‘ from ‘CCC’, with a ‘positive’ outlook.
The full list of rating actions is as follows:Long-Term Foreign-Currency IDR…
Numerous violations of Greek national airspace and infringements of Athens FIR regulations by Turkish warplanes were reported throughout the eastern Aegean on Friday, a recent trend viewed as a more…
The Amphiareion of Oropos, one of the greater Athens area’s lesser known archaeological sites, recently re-emerged in the headlines with the catastrophic wildfire that burned more than 1,500 hectares of…
By L. Kalamara [email protected]
Greece’s steel pipe production market has shrunk by a whopping 68 percent between 2007 and 2016, the period that includes the ongoing economic implosion in the…
Dozens of businesses and self-employed professionals in the retail sector have been inspected since the beginning of the month in order to ascertain whether they have installed an electronic transactions…
By G. Kouros
Austerity measures totaling 1.8 billion euros are reportedly budgeted for 2018, with the draft budget for next year currently being compiled by relevant General Budget Office services.…
By L. Karageorgos [email protected]
Real estate developer Grivalia Properties’ Luxembourg-based hotel subsidiary (Grivalia Hospitality) on Wednesday announced its intent to commercially exploit the Asteria property in coastal southeast Glyfada district,…
By G. Kouros [email protected]
An early summer tax “safari” by inspectors of the relevant independent public revenues authority has reportedly turned up numerous infractions by high-end hotels and rented rooms.…
Bahrain’s Gulf Air and Greek carrier Aegean Airlines on Wednesday announced a “codeshare” partnership aimed at widening their respective networks across Europe and the Middle East.
Specifically, air travelers can…
Figures released this week by the Greek finance ministry showed a significant lag in collected public revenues for last month, July 2017, compared with the target.
Specifically, the a “gap”…
The leftist-rightist coalition on Wednesday dismissed a latest round of press speculation over the standing of Greek Finance Minister Euclid Tsakalotos, saying the latter will negotiate the upcoming third review…
A large and multi-front wildfire northeast of Athens appears to be finally abating on Wednesday, after burning forestland, brush, crops and property over the past few days.
Improved weather conditions…
A serious wildfire front was burning across a large swath of extreme northeast Attica prefecture – north of the greater Athens area – on Monday, burning up forestland, brushland, crops…
Authorities have ordered an urgent investigation into a recent spate of wildfires on the Ionian holiday island of Zakynthos, as no less than 11 blazes have erupted over the recent…
Attica Group on Friday afternoon announced that it has reached a tentative agreement with Greek lender Piraeus bank and minority shareholders for the purchase of 50.3 percent of Hellenic Seaways.…
Four consortia have submitted bids in an international tender to construct a fourth metro line in the greater Athens area, following the passing of Thursday’s deadline.
The new underground line…
The Greek government this week announced that a small contributory fee will be slapped on plastic bags used in the country as of Jan. 1, 2018, a measure aimed at…
By G. Palaitsakis [email protected]
Increased VAT rates that were imposed in most of Greece last year – on the back of a tax “tsunami” to meet memorandum-mandated fiscal targets –…
By G. Palaitsakis [email protected]
Increased VAT rates that were imposed in most of Greece last year – on the back of a tax “tsunami” to meet memorandum-mandated fiscal targets –…
The Bank of Greece on Thursday announced that emergency central bank funding to Greece’s systemic lenders was decreased by 3.3 billion euros (8.7 percent) in July 2017, compared to the…
Energean Oil & Gas this week announced a new agreement to sell natural gas to companies in the group controlled by Israeli tycoon Idan Ofer, an initiative that follows the…
The municipality of Athens this week inaugurated a program whereby more than 100 volunteers will be stationed in various central points in the Greek capital to answer inquiries by tourists,…
The Mytilineos metals group on Wednesday issued first half 2017 results in the wake of what it called the successful completion of its corporate restructuring, with the highlight being net…
