Cypriot Finance Minister Harris Georgiades on Thursday Tweeted from his account that there was “Unanimity at the Eurogroup for Greece”.
Georgiades didn’t specify what the unanimity involved.…
Eurozone finance ministers have reportedly approved of an 8.5-billion-euro loan tranche to Greece on Thursday, confirming earlier reports hours before.
Other reports claimed that the Eurogroup ministers’ were also considering…
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement on Greece in Luxembourg today:
“I would like to announce my intention to propose to…
The Eurogroup welcomes that agreement has been reached between Greece and the institutions on a policy package of structural measures, which aims at shoring up growth and addressing the underlying…
The next loan tranche to Greece is expected to reach 8.5 billion euros, according to a report by Bloomberg, which quoted two unnamed officials.
The development, of course, depends on…
The consortium that was awarded the real estate concession to develop the massive Helleniko site in southeast coastal Athens on Thursday submitted an integrated development plan (IDP) for the entire…
EU Commissioner Pierre Moscovici expressed his conviction that an agreement will be reached at Thursday’s Eurogroup, one that satisfies all sides.
Moscovici repeated, as he’s done over the past several…
Eurogroup chairman Jeroen Dijsselbloem on Thursday told reporters on Thursday that the Greek debt issue will be bumped to 2018, while a long-overdue second review of the Greek bailout will…
By N. Bellos
The Greek side may be wagering much of its political “capital” in achieving some form of debt relief at Thursday’s Eurogroup meeting, nevertheless one “consolation prize” is…
A new president for the Greek National Tourism Organization (GNTO) was announced on Thursday following a relevant decision by the tourism minister, which was published in the government gazette.
Civil…
By A. Doga [email protected]
Three out of 10 non-performing loans (NPLs) in Greece are unsalvageable, whereas Greek banks claim their data shows that another 20 to 25 percent of the…
The Greek central government’s revenues were mostly on target during the first five months of 2017, with the benchmark now being the Medium-Term Fiscal Strategy – after its ratification – rather…
The Greek government appeared to lower expectations for a crucial Eurogroup meeting on Thursday and prospects for a breakthrough in achieving debt relief, with an unnamed source quoted as saying…
By L. Karageorgos [email protected]
US-based Hines, one of the biggest real estate investment funds in the world, has acquired the iconic Athens Ledra Hotel for 33.05 million euros.
Hines submitted…
A new Greek-Russian chamber of commerce, based in the northern port city of Thessaloniki, is expected to begin operation in the coming period. The new chamber is an initiative f…
Greek military authorities on Wednesday reported two separate instances of Turkish warplanes flying over Greek islets in the eastern Aegean, which are violations of national air space and infringement of…
Main opposition New Democracy (ND) party on Wednesday launched into a full frontal attack on Greek Prime Minister Alexis Tsipras, a day before a crucial Eurogroup meeting in Luxembourg, charging…
Fourteen regional airports around Greece now managed by the German-Greek Fraport Greece consortium posted an overall increase of 7.4 percent in passenger traffic last month.
The consortium assumed the management…
EU Commissioner Pierre Moscovici on Wednesday reiterated his support for the Greek side ahead of Thursday’s Eurogroup meeting in Luxembourg, warning Euro zone members not to “play with fire”.
He…
By N. Bellos
A top Euro zone official on Tuesday said an agreement over the Greek program at Thursday’s Eurogroup meeting was more-or-less assured, while adding that the IMF will…
Greek Prime Minister Alexis Tsipras on Tuesday ruled out any debt relief offer similar to the one tabled by creditors at a May Eurogroup meeting, making the statement before his…
A visit to Athens on Wednesday by the new foreign minister of the former Yugoslav Republic of Macedonia (fYRoM), Nikola Dimitrov, will include a meeting with main opposition New Democracy…
The EU’s Actual Individual Consumption per capita index was at 77 percent of the Union’s average, Eurostat announced on Tuesday.
The index measures the actual economic level of households’ living…
ECB executive board member Benoît Cœuré told Bloomberg this week that it’s now the Euro zone finance ministers’ turn to “deliver” in confirming the sustainability of the Greek debt, speaking…
By Vassilis Kostoulas [email protected]
Τhe head of the Hellenic Fiscal Council (HFisc), an independent authority established in 2014, is the latest high-ranking official to revise the forecast for the Greek…
Greek Prime Minister Alexis Tsipras’ office on Monday announced that a previously unscheduled Cabinet meeting will be held on Tuesday, two days before a crucial Eurogroup meeting convenes. The latter…
The body of a 43-year-old woman was pulled from the rubble of a residence in the village of Vrisa, on the eastern Aegean island of Lesvos, hours after a strong…
A change in leadership in the neighboring former Yugoslav Republic of Macedonia (fYRoM) this month has apparently rekindled interest in that country’s Euro-Atlantic prospects, and inevitably, in solving the nearly…
Visiting French Economy Minister Bruno Le Maire reportedly presented a “compromise solution” over the Greek debt issue in talks with the country’s top leadership in Athens on Monday.
In statements…
Firefighters were searching for the resident of a partially damaged home in the village of Vrisa, on the island of Lesvos, on Monday afternoon in the wake of a strong…
