Finance ministry officials are considering the mandatory installment of an application in cash registers across the country that will cancel transactions, a measure ostensibly aimed at reducing the still “Olympus-sized”…
The latest headline-grabbing subject reportedly up for discussion between Athens and negotiators’ top auditors this week touched on a liberalization of store hours in Greece, as the current regime allows…
The foreign ministers of Greece and the former Yugoslav Republic of Macedonia (fYRoM) met on the sidelines of an informal EU ministers’ summit in Valletta, Malta, on Friday, with the…
The European Commission’s Economic Sentiment Indicator (ESI) showed a marked improvement in the economic climate for Greece and the rest of the Eurozone in April, with the index for the…
Greece’s privatization fund (HRADF) on Friday issued an invitation for the hiring of an international consultant to advise it on how to better exploit its 65-percent stake in the state-run…
The Thessaloniki Port Authority on Friday announced net profits of 14 million euros for 2016, with pre-tax profits reaching 21 million euros. Turnover fell by 5.54 percent to total 48…
By A. Tsimplakis [email protected]
The head of a top tourism industry association on Thursday said some 600 million euros in non-performing loans extended to Greek enterprises in the specific industry…
A rider attached to unrelated draft legislation regarding an out-of-court settlement framework for arrears by the private sector generated a firestorm of reactions in Parliament on Friday by the opposition.…
The office of Greece’s Consumers’ Ombudsman on Thursday announced that just more than 7,000 petitions were filed in 2016 to resolve complaints, a figure that was higher by 31.2 percent…
Thursday cited “seven or eight” open issues remaining to be resolved in negotiations with institutional creditors.
The same unnamed official maintained that the IM F continued to press demands “that…
The ongoing political unrest in strife-plagued Venezuela emerged thousands of kilometers away on Greece’s central political scene this week, as main opposition leader Kyriakos Mitsotakis sharply criticized the ruling party…
Eurogroup chairman Jeroen Dijsselbloem briefed MEPs in the European Parliament on Thursday that bailout-dependent Greece will need debt relief, echoing the standing IMF line, while expressing confidence that an agreement…
Geek government spokesman on Thursday sent ripples through the obscure waters of negotiations over the Greek program, telling reporters that “If the IMF doesn’t participate in the program, then there’s…
The consortium that submitted the highest bid for a majority stake in the Thessaloniki Port Authority on Thursday promised to transform northern Greece’s biggest facility into a gateway and transport…
The Bank of Greece (BoG) on Thursday announced that the European Central Bank’s governing council did not voice objections to an ELA-ceiling for Greek banks being set at 46.5 billion…
By A. Tsimplakis [email protected]
The port of Piraeus’ goal is to become the biggest container shipper in the Mediterranean by 2019, as it already ranks third on the relevant list,…
Greek households’ disposal income over the last quarter of 2016 reached the same level as the corresponding period of 2015, according to figures released on Wednesday by Greece’s independent statistical…
The possibility of creditors’ representatives remaining in Athens beyond May 1 — which is a quasi-holiday in Greece — appeared on Wednesday, given that no face-to-face meetings occurred during the…
Greek Prime Minister Alexis Tsipras will receive the secretary of the Chinese Communist Party’s Central Committee Secretariat, Liu Qibao, on Thursday.
Liu is responsible for cultural issues.
His visit to…
By A. Tsimplakis [email protected]
Chinese multinational Cosco’s perceived intent to enter Greece’s shipbuilding and ship-repair sector was cited by a deputy economy and development minister this week, during a meeting…
By J. Kanoupakis [email protected]
The Athens-based Foundation for Economic & Industrial Research (IOBE) this week described a mixed picture and stagnation in the Greek economy over the first part of…
The owner of the Panathinaikos Athens basketball team reacted angrily to the team’s defeat in Istanbul on Tuesday evening at the hands of Fenerbahçe, ordering that players return to the…
By Vassilis Kostoulas [email protected]
Commission sources on Wednesday told “N” that European Commission President Jean-Claude Juncker has warned against greater pension cuts in Greece “beyond what was recently agreed to in Valletta”.…
The Greek government spokesman on Wednesday again appeared confident that whatever unresolved issues in negotiations between Athens and its institutional creditors will be overcome during talks this week.
In comments…
Negotiations between the Greek government and creditors’ representatives will continue on Wednesday over the four primary draft texts that have been given to the former before talks resumed this week,…
Greek Prime Minister Alexis Tsipras took to the prime-time airwaves on Tuesday evening to again warn that his coalition government won’t implement a new round of austerity measures if debt…
No less than 71 violations of Greek airspace was reported on Tuesday over the eastern Aegean by Turkish warplanes, while four engagement between Greek and Turkish fighter planes were cited.…
The second NOME electricity auction of the year by the state-run power company, PPC, is scheduled for Wednesday, coinciding with resumed negotiations in Athens between the government and creditors over…
US President Donald Trump offered understanding for still recession-battered and debt-laden Greece on Monday evening, during a press briefing at the White House, where he exclaimed “Greece… “They are in…
The Public Power Corp. (PPC) on Tuesday requested higher rates to the tune of 735 million euros from the state for cheaper electricity it supplied to islands off the national…
