Greece’s unemployment figure fell in April, with more hirings attributed to an expansion of part-time or seasonal work.
According to the Greek statistical service, seasonally adjusted unemployment in April 2017…
By K. Deligiannis [email protected]
A joint ministerial decision this week set the minimum starting price for an upcoming July 19 NOME electricity auction at 32.05 euros per MWh.
The decision…
By K. Deligiannis [email protected]
Energean Oil & Gas this week was cleared as the sole concessionaire of a block off western Greece, specifically the western Katakolo, following approval of a…
By A. Tsimplakis [email protected]
An event held at the British ambassador’s residence in Athens this week aimed to convey the message that London, and especially its City commercial district, remains…
The latest opinion poll unveiled in Greece this week has the main opposition party ahead of the ruling party by nearly 12 percentage points.
Specifically, center-right New Democracy (ND) is…
An independent broadcast watchdog authority on Thursday said seven nationwide licenses will be granted, months after the government attempted to auction off four in a closed process that was later…
By L. Kalamara [email protected]
Greece was in unenviable second place position among EU member-states in terms of consumption of bootleg tobacco products for 2016, although the figure is lower, by…
The head of Greece privatization fund (HRADF) on Thursday was quoted by Reuters as saying that the goal for privatizations in the still bailout-dependent country for this year and 2018…
Government sources on Thursday quickly dismissed a bevy of recent press reports claiming that the Greek state will float a bond issue in the next 10 days.
The same unnamed…
No exceptions are foreseen in a law mandating the obligatory installation of electronic transaction terminals (POS) by businesses and self-employed professionals by a July 27 deadline, with the measure also…
The European Central Bank’s (ECB) governing council, following a request by the Bank of Greece (BoG), on Thursday lowered an emergency funding cap – the Emergency Liquidation Assistance (ELA) mechanism…
A sector group representing most of Greece’s shops and retailers renewed what it calls its absolute opposition to the prospect of a further liberalization of Sunday store hours in the…
Main opposition New Democracy (ND) party on Wednesday pounced on a same-day press report referring to eyebrow-raising claims by a former close associate of one-time Greek finance minister Yanis Varoufakis…
By Vassilis Kostoulas [email protected]
A “security blanket” in the form of a precautionary financial assistance mechanism by the European Stability Mechanism (ESM) is rapidly emerging as a realistic “interim solution”…
High-profile Greek shipowner Vangelis Marinakis appeared before an appellate level prosecutor on Wednesday to provide testimony regarding his lawsuit against a coast guard investigator, whom he claims is trying to…
Former French president Nicolas Sarkozy revisited the 2008 economic crisis and the subsequent beginnings of the Greek sovereign bond crisis, which quickly spiraled out of control the following year, in…
A decision by the European Stability Mechanism (ESM) to set a date for disbursement of a 7.7-billion-euro loan tranche to bailout-dependent Greece has been postponed until Friday.
As with previous…
Greek Prime Minister Alexis Tsipras on Wednesday spoke with his UK counterpart Theresa May by phone regarding developments concerning ongoing UN-sponsored negotiations in Switzerland for a Cyprus solution.
According to…
Opinion piece by Vítor Constâncio, Vice-President of the ECB, for Naftemporiki
One of the most pressing issues for euro area banks is the nearly €1 trillion of non-performing loans (NPLs)…
The environment, energy, tourism and real estate sectors reportedly dominate interest by Israeli investors eyeing business prospects in Greece, according to reports.
Greece’s embassy in Israel has mostly fielded requests…
By G. Kouros [email protected]
The Greek coalition government’s top economic team is reportedly working feverishly on preparations for the country’s closely watched foray into the markets for its borrowing needs,…
Two professional fishermen, which initial reports say were brothers, were fatally injured early Wednesday morning off the Saronic Gulf island of Aegina, which lies southwest of the greater Athens area.…
By N. Bellos [email protected]
A Community source in Brussels on Tuesday more-or-less confirmed that a pending 7.7-billion-euro loan tranche extended by European creditors to Greece will be finalized for disbursement…
The Greek state’s arrears to the private sector and individual taxpayers again exceeded the five-billion-euro threshold in May 2017 as the stepped up payment towards suppliers was offset by a…
The relevant associations representing travel and tourism agencies in Greece (FedHATTA), Israel and Cyprus last week signed a joint agreement in Athens foreseeing the creation of the East Mediterranean Travel…
The management of the Schisto industrial park, which borders the Piraeus port zone to the west, on Tuesday said the government must immediately take three steps in order to revive…
By A. Tsimblakis [email protected]
A simmering row over an apparently never-ending investigation into the Greek shipping sector’s institutional framework by European Commission’s Directorate-General for Competition (DG COMP) – a constant…
The latest report out of Germany on Tuesday has an 8.5-billion-euro loan tranche to Greece plagued with even more delays related to a handful of unfulfilled conditions, despite last month’s…
A new and innovative system aimed at boosting efficiency in the maritime sector has been designed and implemented by Metis Cyberspace Technology S.A., a Greece-based hi-tech company wholly owned by…
By L. Karageorgos [email protected]
Powerful German Finance Minister Wolfgang Schaeuble again raised eyebrows in official Athens over the weekend with a very high-profile interview given to an Athens daily,…
