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,…
Ankara on Monday sharply condemned an incident earlier in the day when a Greek coast guard patrol boat fired a warning shot over a Turkish-flagged freighter off the Dodecanese island…
A plenary session of Greece’s supreme court on Monday quashed a notorious lower first instance court decision acquitted a Greek man, now a fugitive, who claimed to control or manage…
Another off-the-agenda Parliament debate in Athens on Monday at the political party leaders’ level, ostensibly on the course of the Greek economy, quickly degenerated into a “free-for-all” of charges, counter-charges…
By S. Papapetros [email protected]
Greece’s relevant labor and social insurances ministry will begin the task of revamping and rationalizing the entire welfare benefits and bonuses framework in the coming period,…
By G. Kouros [email protected]
A tax revenue “marathon” commenced this month in Greece to collect 11 billion euros of the budgeted annual goal of 27.3 billion euros by the end…
Greek shipping tycoon and media owner Minoas Kyriakou died on Sunday at the age of 75.
A heart attack was cited as the cause of death.
He served as president…
The European Commission’s mission chief to Greece, Declan Costello, expressed a view that primary budget surplus goals set for Greece after 2022 are “realistic”.
In comments made to Greece’s state…
US Treasury Secretary Steven Mnuchin on Thursday more-or-less praised the IMF’s handling of the Greek program, when fielding a question regarding the Trump administration’s involvement in Euro zone financial relief.…
By G. Palaitsakis [email protected]
The Greek state’s “take” from two eponymous lists of Greek citizens with deposits abroad – along with probes of cash transfers to overseas accounts since 2010…
The Bank of Greece (BoG) on Friday revised its figure for Greek economic growth in 2017, now predicting a 1.6 percent GDP increase.
The forecast was including in the BoG’s…
Athens-based Metka S.A. on Friday announced the signing of a new EPC contract with Early Power Ltd., a consortium that consists of Endeavor Energy, Sage and GE, for the construction…
The medium-term goal of Greece’s return to the markets for its financing needs – rather than continued reliance on institutional creditors and partners – was a highlight of a joint…
A list of state-owned utilities and enterprises that will be transferred to a new “supra privatization fund”, called the Hellenic Corporation of Assets and Participations (HCAP), was announced by its…
Greek Prime Minister Alexis Tsipras clarified on Thursday evening that any foray into the markets by still bailout-dependent Greece won’t be attempted as a mere publicity stunt.
“Greece won’t turn…
A deadline for the submission of tax returns by individual taxpayers and legal entities (businesses, enterprises etc.) was extended until July 17, 2017, Greece’s finance ministry announced on Thursday.
The…
A union representing sanitation workers across Greece has reportedly called off a garbage strike that entered into an eleventh day on Thursday.
The decision, which was taken by a majority…
By N. Bellos [email protected]
The EU Commission wants the immediate termination of judicial action against three former experts assigned to Greece’s privatization fund (HRADF), who were dispatched to the…
By G. Palaitsakis [email protected]
Greece’s highest administrative court, the Council on State (CoS), issued a landmark decision on Wednesday essentially mandating a five-year statute of limitation on audits, probes and…
European Stability Mechanism (ESM) Managing Director Klaus Regling held talks with Greek leadership in Athens on Wednesday, before merely confirming that a recently approved next bailout loan tranche for Greece…
By Vassilis Kostoulas [email protected]
The Organisation for Economic Co-operation and Development (OECD) now see “good progress” in getting reforms passed as legislation in Greece, although tangible improvements for the Greek economy…
The head of the IMF mission chief in Greece, Delia Velculescu, echoed the Fund’s standing position of a need for a full implementation of reforms by the Greek side, including…
A private contractor’s trucks are expected to roll through the streets of Thessaloniki on Wednesday in order to start removing rubbish from the northern city’s streets, as a nearly two-week-long…
A relevant Bundestag committee is expected to ratify the latest 8.5-billion-euro loan tranche extended to Greece by European creditors, the biggest of which is Germany, as far as member-states are…
