By Vassilis Kostoulas [email protected]
When trying to analyze the implosion of the Greek economy, beginning in late 2009 and continuing into the present, along with its painful political and even…
Greece’s public debt reached 314.89 billion euros in 2016, rising from 311.66 billion euros at the end of 2015, Greece’s independent statistical service (EL.STAT) announced on Monday.
In its quarterly…
The WSJ reported on Monday that the IMF continues to press recession-battered Greece for more structural reforms, regardless of whether European creditors come to an agreement with Athens over debt…
By T. Tsiros [email protected]
The updated itinerary for finally concluding a delayed second review of the Greek program has creditors’ auditors returning to Athens on Tuesday with a goal to…
Main opposition leader Kyriakos Mitsotakis on Sunday evening warned that Greek Prime Minister Alexis Tsipras, his political rival, will be forced to come to Parliament and explain why he’s “committing…
An ever-tightening time-frame to finally conclude the long-delayed second review of the Greek program emerged from Greek Finance Minister Euclid Tsakalotos high-profile meetings over the weekend at the annual World…
By S. Papapetros [email protected]
The new social security fund created from the merger of other funds covering self-employed professionals, including full-time farmers and beneficiaries of the main fund for press…
Iranian Foreign Minister Mohammad Javad Zarif was in Athens this weekend ahead of his scheduled participation in a Greek-government sponsored forum on ancient civilizations, scheduled for Monday.
According to press…
US ambassador to Greece Geoffrey Pyatt referred to the east Mediterranean country as a key ally and a factor for stability in the region and in the fight against terrorism,…
A sailboat laden with what Greek authorities described as “refugees and migrants” was located overnight off the resort town of Parga, in the Ionian Sea in western Greece.
The same…
Greece on Friday announced its highest annual primary budget surplus since 1995, seven years before the switch to the common euro currency and during an era often plagued by nebulous statistics over…
Alpha Bank pointed to “tax and contribution fatigue” as preventing an improvement in the job market in crisis-battered, and by extension, in keeping the unemployment rate at a high level.…
Greece’s privatization agency, the Hellenic Republic Asset Development Fund (HRADF), on Friday announced that it had received improved binding bids for the acquisition of a 67-percent stake of the Thessaloniki…
IMF Europe director Poul Thomsen again pointed the need for a reliable reforms package in Greece in tandem with debt relief in order for the Fund to participate in the…
By S. Emmanouil [email protected]
A crucial date for a looming Apivita-Puig strategic partnership is June 16, whereby a scheduled board of directors meeting for the former is scheduled, with…
Preliminary estimates by Greece’s independent statistical authority (EL.STAT) on Friday showed a primary budget surplus for 2016 reaching 3.9 percent of GDP.
General government expenditures eased to 86.185 billion euros,…
The Canada-based Flightnetwork site has included three Greek destinations as among its “22 of the World’s Best Honeymoon Destinations for Under 3,500 (CAD)”.
In successive order, the site lists the…
Βy Vassilis Kostoulas [email protected]
World Bank President Jim Kim reiterated on Thursday that there are “no imminent” plans for a loan towards bailout-dependent Greece, confirming reports by “N” this month…
Concern abruptly mushroomed in Athens this week in the wake of the latest IMF forecast claiming the Greek state will not post a 3.5-percent primary budget surplus in 2018, but…
An appellate council in Athens will convene on April 25 to consider a new extradition request by Turkish authorities for three out of the eight Turkish military officers and NCOs…
The IMF on Wednesday again touched on Greek program and the country’s fragile economy, saying it foresees that a primary budget surplus of 3.3 percent will be posted for 2016…
A “milder growth” rate for Greece in 2017 was the way a European Commission spokeswoman put it on Wednesday in revealing that the EU’s executive is also revising, downwards, estimates…
By G. Palaitsakis [email protected]
Upwards of three billion euros in additional tax revenue is the tally from a proposed lowering of the tax-free threshold for annual income, the latest austerity…
The bodies of four officers were recovered from the crash site of a UH-1H transport military helicopter that went down on Wednesday morning in north-central Greece near the central town…
The IMF this week slashed its previous projection for Greek GDP growth in 2017, now forecasting a 2.2 percent hike, down from last year’s forecast of 2.8 percent.
In line…
“I am not Alexis Tsipras; I don’t negotiate for 17 hours with people that insult me,” was the quote attributed to French presidential contender Jean-Luc Mélenchon by the French daily…
The state budget balance recorded a surplus of 1.068 billion euros in the first quarter of 2017 on a modified cash basis, as direct and indirect tax hikes imposed in…
By T. Tsiros [email protected]
The latest “unofficial deadline” in concluding the now more than year-old delayed second review of the Greek program is May 22, with yet another round of…
The IMF will participate in the Greek program only if the country’s debt is judged as sustainable, the Fund’s managing director repeated this week, in an interview with European journalists.…
Turkish citizens in Greece that took advantage of the opportunity to vote in Sunday’s referendum in the neighboring country, by casting votes at Turkish diplomatic missions, overwhelmingly voted “no”, according…
