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…
Germany’s finance ministry on Friday curtly denied a previous day’s press report claiming that Greece’s institutional creditors are readying a debt relief package to the bailout-dependent country.
“No debt…
By Vassilis Kostoulas [email protected]
The Dutch ambassador to Greece this week touched on a gamut of issues dealing with the year-long negotiations over the Greek bailout program between creditors and…
The EuroWorking Group was the latest European entity to praise this week’s “preliminary” agreement between Athens and creditors – saying the deal is the basis for the conclusive second review…
The relevant culture minister made an abrupt “about-face” on Thursday hours after press reports revealed she requested that a ministry-affiliated council re-assess a previous decision, which failed to ascribe architectural…
An Athens appeals court on Thursday issued the same ruling for two out of eight Turkish servicemen whose extradition was requested by Ankara, namely, deciding against their forced return.
The…
Greek Prime Minister Alexis Tsipras on Thursday will receive United Arab Emirates (UAE) Minister of State Sultan Ahmed Al Jaber at the Maximos Mansion government house in Athens.
The…
By T. Tsiros [email protected]
A higher primary budget surplus but a lower growth figure for 2017 will reportedly be inserted in the medium-term fiscal adjustment strategy, which is expected to…
Officials of Fraport Greece, which recently assumed the management of 14 regional airports around the country, including facilities serving the top holiday destinations, this week referred to “advanced talks” with…
The latest bureaucratic obstacle placed before a massive land redevelopment project in coastal southeast Athens appeared this week when it emerged that the relevant culture minister has asked a ministry-affiliated…
Navios Maritime Holdings, the leading company in the group controlled by Greek shipowner Angeliki Frangou, this week announced that it is eyeing the purchase of FSL Asset Management Pte Ltd.…
Moody’s on Thursday weighed in on the ongoing debate over the Greek debt issue bedeviling the IMF and the country’s European creditors, referring to heightened possibilities of an agreement for…
By L. Karageorgos
[email protected]
Greek shipowners and Greek-controlled shipping companies invested a total of 2.36 billion euros over the first four months of 2017, a period that witnessed many more…
By A. Doga [email protected]
The primary indexes related to the management of non-performing loans (NPLs) and non-performing exposures (NPEs) in Greece remained unfavorable despite Greek lenders’ stepped up efforts to…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Wednesday evening clarified that his party will not vote for the latest round of austerity measures agreed to with institutional lender…
Emirates this week announced that it has inaugurated a second daily flight connecting Athens with Dubai, with the aim to increase passenger and cargo traffic on increasingly popular route.
The…
By S. Zisimos [email protected]
The looming prospect of a partial liberalization of the framework governing Sunday shop hours in the country will reportedly translate into a lifting of the…
