The IMF was quick to issue a statement following a Sunday meeting in Beijing between the Fund’s Managing Director, Christine Lagarde, and Greek Prime Minister Alexis Tsipras, amid the ongoing…
Two dead and seven injured is the toll of a late-night train derailment in northern Greece, according to rail operator Trainose. Three of the injured are in critical condition.
An…
By T. Igoumenidi [email protected]
The latest “banana peel” thrown by a Greek state agency in front of a landmark privatization project came on Friday after a relevant forestry service designated…
The controversial previous Greek finance minister, Yanis Varoufakis, on Friday continued his verbal barrage against his former comrades in the current government and leftist SYRIZA party, forecasting that the third…
The controversial previous Greek finance minister, Yanis Varoufakis, on Friday continued his verbal barrage against his former comrades in the current government and leftist SYRIZA party, forecasting that the third…
Greek President Prokopris Pavlopoulos on Friday spoke by phone with outgoing French President Francois Hollande, with the former congratulating the latter over what he called the successful conclusion of the…
Government sources on Friday referred to meetings in Beijing on the same day between a top Greek delegation and officials of the China State Grid Corp., the state-run company that…
IMF Managing Director Christine Lagarde on Friday urged for more specific debt relief measures to be spelled out by European creditors, part of the Fund’s standing demand that the Greek…
By N. Bellos [email protected]
The Commission’s revised forecast for Greece in 2017 and 2018, translates into a loss of 1.1 billion euros this year and 900 million euros next year.…
Greek Prime Minister Alexis Tsipras will begin an official visit to China on Friday as a high-level participant in Beijing’s “Belt and Road” forum, where he’s set to hold separate…
By G. Kouros [email protected]
Greece’s newly created independent public revenues authority is planning to establish an automated system for seizures and property auctions after first establishing a interlinked database of…
The Wall Street Journal (WSJ) on Thursday claimed that the leftist Greek government is considering a bond issue for later in the year – possibly July or September – on…
An IMF spokesman on Thursday reiterated that no deal has been achieved as yet regarding the Greek debt issue, a pressing matter over which the Fund has demanded medium-term relief…
By N. Bellos [email protected]
EU Commissioner Pierre Moscovici on Wednesday emphasized that Greek authorities had the initiative in composing the initial as well as the latest draft text governing the…
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…
