Greek Finance Minister Euclid Tsakalotos, a UK-based academic before returning to Greece prior to 2015 to delve into the domestic political scene from a radical leftist standpoint, appeared as a…
The European Commission on Thursday also pointed to the continuing delay in concluding the second review of the Greek program (third bailout) in revising its growth forecast for Greece in…
The “supplementary memorandum”, which in draft form reaches 53 pages, as disclosed this week, will be set for a vote in Greece’s Parliament on the eve of a May 22…
By Vassilis Kostoulas [email protected]
A radical “new mix” to shake up crisis-bedeviled Greece’s fiscal policy and economic model through lower tax rates and higher incentives – despite the asphyxiating “straitjacket” of…
The annualized inflation rate in Greece eased to 1.6 percent in April, slightly down from 1.7 percent in March, increases that came after several consecutive months of deflation or zero…
The latest “hiccup” in the government’s ongoing privatization program again emanated from the Greek culture ministry, as the latter appears to have requested that buildings within the Piraeus Port Authority…
The European Bank for Reconstruction and Development (EBRD) is the latest institutional body to calculate lower Greek GDP growth rate for 2017, down from the forecasts previously made by Athens,…
A main opposition New Democracy (ND) deputy on Wednesday warned that a controversial amendment passed last week by a slim majority of MPs backing the leftist-rightist Greek government coalition –…
The European Bank for Reconstruction and Development (EBRD) is the latest institutional body to calculate lower Greek GDP growth rate for 2017, down from the forecasts previously made by Athens,…
The pending abolition of an administrative pre-approval clause to allow mass layoffs, mostly entailed in the obligatory consent of such a prospect by the relevant labor minister, generated heated political…
Eleven of the 140 “prior actions” included in a recently disclosed “supplementary memorandum”, as the draft agreement between the leftist Greek government and creditors is called, impose an additional one…
By N. Bellos [email protected]
Greece’s European creditors are reportedly considering “3+1” interventions for Greek debt relief, as part of a looming staff-level agreement expected, by all accounts, to be finalized…
“Greeks are hoping for a super summer”, is the headline of the German-language Swiss daily Neue Zürcher Zeitung this week, which cited last year’s record-setting figure of 27.5 million tourists…
By G. Kampourakis [email protected]
The Tsipras government is considering the drafting and passing legislation that will cancel out prior actions – all 140 of them – included in a pending…
By L. Karageorgos [email protected]
Last February witnessed a reversal of the previous months’ trend in terms of declining numbers of Greek-flagged vessels listed under the country’s registry, as the figure…
A complete list of all 140 prior actions that the Greek government must fulfill until the May 22 Eurogroup in order to achieve a staff-level agreement with creditors and free-up…
By Vassilis Kostoulas [email protected]
“It’s Cuba without the sun,” was Emmanuel Macron’s quip when now outgoing French President Francois Hollande first proposed the imposition of a maximum 75-percent tax on…
The latest austerity measures the Greek government promised creditors, included in an agreement finalized early last month, will be brought to Parliament on May 15 for debate and a vote…
By T. Tsiros [email protected]
The latest threat for nearly one million self-employed professionals and tradesmen in the bailout-dependent country apparently relates to last month’s agreement between the leftist Greek government…
Deputy Economy Minister Katerina Papanatsiou over the weekend revealed that self-employed professionals in the country will be eligible to seek recourse within an out-of-court settlement framework aimed to restructure arrears…
Greek Prime Minister Alexis Tsipras took to Twitter to congratulate Emmanuel Macron for his decisive election victory in Sunday’s second round French -presidential election over right-wing populist Marine Le Pen.…
Greek Digital Policy & Telecoms Minister Nikos Pappas signed a bilateral memorandum of cooperation (MoC) in Israel on Sunday with his Israeli counterpart Tzachi Hanegbi, who holds the telecommunications portfolio…
Nine bullish sessions at Athens Stock Exchange (ASE), ending on Friday, generated 4.5 billion euros of profits, pushing the bourse’s total capitalization to 51 billion euros.
The surge at the…
The “Greek program” briefly emerged on French presidential candidate trail a day before French citizens head to the ballot boxes, with one of two contenders, centrist Emmanuel Macron, expressing support…
Main opposition New Democracy (ND) party holds a 10.6-percentage point lead over ruling SYRIZA in the most recent opinion poll, with the former garnering 26.3 percent of respondents’ preferences to…
Main opposition New Democracy (ND) president Kyriakos Mitsotakis took to the airwaves on Saturday morning to charge that his rival, Greek Prime Minister Alexis Tsipras, has merely tried to extend…
Renascent speculation over Greek debt relief measures, which picked up ahead of a looming agreement for a second review of the Greek program, shifted to Berlin this week, amid various…
By G. Kouros [email protected]
Outstanding debt and seizures are reportedly “smothering” the real economy and Greece’s taxpayers, as a growing bloc of citizens are apparently unable to meet obligations vis-a-vis…
Reuters reported on Friday that the EU Commission was considering a revision, downwards, of the GDP forecast for Greece in 2017, putting the figure at roughly 2 percent, as opposed…
By Vassilis Kostoulas [email protected]
A top Greek bank executive and analyst this week reiterated that finally concluding the second review of the Greek program, and possibly the third review, is…
