By V. Vegiri [email protected]
State-run Public Power Corp. (PPC), the dominant electricity provider in Greece, is set to sign a MoU with China Development Bank (CDB) on the sidelines of…
By T. Tsiros [email protected]
A shortfall of 338 million euros in the target for revenues from individual tax returns was recorded in the first seven months of 2017, according to…
By L. Kalamara [email protected]
Canadian mining multinational Eldorado Gold will review its investment plans for Greece, CEO George Burns told “N” this week in an interview, as the biggest industrial…
An appellate level prosecutor in Athens has recommended an indictment against former Siemens Hellas CEO Michalis Christoforatos on charges of bribery related to a massive contract for the ill-fated C4I…
Germany’s finance ministry on Wednesday issued a quick clarification after a same-day Bild article claimed that German FinMin Wolfgang Schaeuble has “reversed” his position over any future transformation of the…
By S. Zisimos [email protected]
More than 5,000 individuals and businesses with private sector arrears have so far submitted at least a portion of the paperwork needed for inclusion in an…
Βy Vassilis Kostoulas [email protected]
A spokesman for Estonia’s EU Presidency on Wednesday stepped into the increasingly acrimonious political furor in Greece this week over the leftist Tsipras government’s decision to…
By T. Tsiros [email protected]
Privatizations in still bailout-dependent Greece will again come under scrutiny in the coming period, as the leftist-rightist coalition government expects the commencement of negotiations with creditors…
Italian energy giant Snam is the protagonist in a consortium comprised of four European natgas operators that has submitted a bid in the first phase of the current privatization for…
By K. Deligiannis [email protected]
Greece’s state-run dominant power company, listed Public Power Corp. (PPC), is set to hire a consultant next month as part of efforts to more effectively manage…
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…
