A Turkish frigate, identified as the Gökçeada, was reportedly shadowing a survey ship commissioned to begin exploratory drilling in block 11 of Cyprus’ exclusive economic zone (EEZ), part of Ankara’s…
A moderate 5.3 on the Richter scale earthquake was recorded in at 23.30 (21.30 GMT) on Saturday evening in a sea region off the large island of Crete.
The quake…
Controversial former Greek finance minister Yanis Varoufakis said his idea for a “parallel system” of payments was greeted quite positively when he presented it as far back as 2013 to…
Latest reports in Athens on Friday afternoon refer to a distinct possibility of a deadline to file income tax returns being extended. The current deadline is July 17, although tens…
The Greek central government posted a primary budget surplus of 1.93 billion euros in the first half of the year, exceeding a memorandum-mandated target by 1.5 billion euros.
Lower spending…
Greece is among the four countries that recorded the greatest loss of citizens’ confidence in their government for 2016, according to results of the OECD’s “Government at a Glance” report,…
A Turkish seismographic survey vessel reportedly set sail for a sea region off western Cyprus hours after a Turkish official threatened to conduct hydrocarbon research in retaliation for the pending…
By S. Papapetros [email protected]
One of the most high-profile commitments made by the Greek government towards the IMF last week, in its request that the Fund participate in the ongoing…
First-half figures posted by Greek airports in 2017 showed an increase in passenger traffic by 10.3 percent, above the corresponding period of 2016, and an increase in flights by 0.6…
By S. Papapetros
[email protected]
Social security fund (EFKA) figures point to an average reduction in monthly salaries by 2.59 percent for private sector businesses in Greece October 2016, the last…
The leftist-rightist Greek government unveiled and ratified a last-minute amendment on Thursday evening in Parliament that’s bound to irk the country’s “tech savvy” population, slapping a 2-percent surcharge on the…
Serbian President Aleksandar Vučić on Thursday lamented the fact that Belgrade had previously recognized the former Yugoslav Republic of Macedonia (fYRoM) under its constitutional name, i.e. “Macedonia”, something that Athens…
Eurobank Ergasias S.A. on Thursday announced the placement of 178.2 euro million worth of shares in Grivalia Properties REIC S.A., representing approximately 20 percent of the total shares outstanding.
According…
Five out of nine suspects arrested in connection with the beating death of US tourist Bakari Henderson last Friday in a resort town on the Ionian island of Zakynthos were…
The world-renowned Greek island of Santorini was again well-placed on another list of top isle holiday destinations, this one published by the travel magazine T+L.
Santorini was ranked fifth, worldwide,…
A verbal tit-for-tat continued on Thursday between Athens and Ankara in the wake of last week’s failed UN-brokered talks on the Cyprus issue and the expected commencement of exploration drilling…
The OECD’s “Government at a Glance” report this week dissected Greece’s fiscal performance over the past several years – in a survey that covered most of the world’s nations as…
Greek Economy and Development Minister Dimitri Papadimitriou this week emphasized what he called an “unprecedented dynamic” exhibited by the Greek economy – after nearly nine years of crises – which…
By A. Tsimplakis [email protected]
Greece and the port of Piraeus, specifically, are viewed as future competitors of Asia’s aggressive shipping hubs in the coming decade, a study gauging the views…
The iconic Acropolis archaeological site in central Athens as well as several other popular sites around the country were issued a four-hour “siesta” break on Wednesday due to a heat…
The Tsipras government on Wednesday attempted to allay concerns that it is even considering a “surprise” return to capital markets, speculation that was fueled by a handful of high-profile statements…
An appellate court in Athens on Wednesday upheld a previous four-year prison sentence handed down to former Greek finance and defense minister Yannos Papantontiou for failure to list more than…
Press reports out of Athens on Wednesday refer to a letter of intent sent to the International Monetary Fund (IMF) that is attached with a list of 21 commitments that…
The Greek state sold 812.5 million euros worth of 3-month T-bills on Wednesday as part of regular efforts to refinance maturing issues, according to the country’s Public Debt Management (PDM).…
The US State Department this week weighed in on the ongoing spike in tensions in the eastern Mediterranean waters, reminding that Washington recognizes the Republic of Cyprus’ right to exploit…
By G. Kouros
[email protected]
Contained spending will characterize the Greek state budget for 2018, with the overall ceiling put at 56.1 billion euros, down from 56.6 billion euros in 2017,…
Greek Foreign Minister Nikos Kotzias on Tuesday evening referred to “verbal bluster” by the Turkish side in describing Ankara’s attempts this week to prevent exploratory hydrocarbon drilling in a block…
Moody’s on Tuesday referred to an improvement in recession-battered Greece’s credit profile, while at the same time cautioning over the country’s high public debt – in echoing the IMF’s stance…
Ten lesser ports around Greece will not be privatized through the sale of a major stake of their shares to a strategic investor – as was done for the Piraeus…
By V. Vegiri
[email protected]
The Court of Audit this week approved the concession contract for the privatization of the Thessaloniki Port Authority by a consortium comprised of DIEP -Terminal Link-Belterra, which…
