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…
Alternate Finance Minister Giorgos Chouliarakis was revealing on Wednesday in referring to the Greek government’s expectations over possible measures that creditors were willing to extend to bailout-dependent Greece over its…
Greek Prime Minister Alexis Tsipras on Wednesday received the board of the Greek Union of Shipowners at his Maximos Mansion office, where he and the president of the association, Theodore…
State-run Public Power Corporation (PPC), the dominant electricity supplier in Greece, on Tuesday announced lower turnover over Q1 2017, down by 3.1 percent from the corresponding quarter of 2016.
The…
A more than week-long garbage strike will apparently continue in Greece, as even a meeting chaired by the country’s prime minister on Tuesday failed to break a deadlock in talks…
By T. Tsiros [email protected]
Greece’s finance ministry on Monday said it had exceeded revenue targets by 386 million euros in the first five-month period of the year, with 15.755 billion…
The present and the future of Greece’s shipbuilding industry in the era of LNG as fuel was the focus of a presentation organized by Piraeus Port Authority (PPA) at its…
Representatives of the trio of companies that comprise the consortium declared the preferred investor for a 67-percent stake of the Thessaloniki Port Authority met on Tuesday with the management of…
Greek Prime Minister Alexis Tsipras predicted that the bailout-dependent country is close to a foray into the markets for its borrowing needs, making the statement during a meeting on Tuesday…
G. Kouros [email protected]
The finance ministry is reportedly considering an extension of the deadline for filing individual tax returns in the country, with the most likely scenario bumping the deadline…
Moody’s on Monday affirmed the credit ratings of Greece’s four systemic banks, retaining the Caa3 deposit rating but upgrading the baseline credit assessment (BCA) to caa2 from caa3.
Specifically, the…
The recently declared “preferred investor” for acquiring a majority stake and the management of the Thessaloniki Port Authority on Monday requested an accelerated process to conclude the concession agreement.
A…
The latest opinion poll in Greece, unveiled on Monday evening, gives the main opposition party an 18-percentage point lead over ruling SYRIZA party, in the biggest difference so far this…
The increasingly dire situation Greek cities amid an ongoing garbage strike in the country generated an invitation by the Greek prime minister himself towards unionists representing sanitation workers, especially contract…
Greece’s privatization fund on Monday issued a widely expected invitation for would-be investors to submit an expression of interest for a 66-percent stake in the Hellenic Gas Transmission System Operator…
European Central Bank (ECB) President Mario Draghi severely dampened Athens’ hopes of including Greek bonds in the central bank’s Quantitative Easing program, judging from a response to a Greek MEP, which…
A meeting on Monday between the unionists representing sanitation workers at municipalities around the country and the relevant interior minister failed to end a garbage strike that has left piles…
By F. Zois [email protected]
Ryanair’s chief commercial officer told “N” this week that the low-cost carrier chose the Bergamo airport in Italy as a regional hub after the awkward handling,…
The Greek state posted a 1.84-billion euro primary budget surplus over the first five months of 2017, exceeding the performance of the corresponding period in 2016, which was 1.456 billion…
By T. Tsiros [email protected]
Creditors have reportedly tabled proposals for even stricter audits and revenue targets by the newly created Independent Authority for Public Revenues in the first half of…
By T. Tsiros [email protected]
Beyond the initial relief in official Athens, whatever “political respite” entailed in finally concluding the second review of the Greek program this month appears as fleeting,…
Main opposition New Democracy (ND) party enjoys a seven-percentage-point lead over ruling SYRIZA party in the latest opinion poll result, which was published on Sunday by the weekly “Vima”.
Specifically,…
A union representing contract sanitation workers on Sunday said a garbage strike throughout the country will continue at least until Thursday, after rejecting a latest compromise offer by the interior…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Sunday said a priority of any future ND government will be to reverse the “Brain Drain” that has severely affected Greece…
Main opposition New Democracy (ND) party enjoys a seven-percentage-point lead over ruling SYRIZA party in the latest opinion poll result, which was published on Sunday by the weekly “Vima”.
Specifically,…
Confusion reigned amid Greece’s garbage-spewed urban landscape on Sunday as to whether a week-long strike by sanitation workers around the country continues or whether it has been suspended.
An earlier announcement…
Moody’s Investors Service (“Moody’s”) has today upgraded Greece’s long-term issuer rating as well as all senior unsecured bond and programme ratings to Caa2 and (P)Caa2 from Caa3 and (P)Caa3, respectively.…
Press reports circulating in the Greek capital on Friday evening, which purportedly based on overseas banking sources, pointed to a pending upgrade in Greece’s credit rating by Moody’s.
The reports…
