A high-profile warning by the Greek Parliament’s independent Budget Office on Tuesday that the country’s economy remains unstable and risks entering another recessionary phase caused reverberations hours after a preliminary…
Tuesday’s early morning agreement between Athens and its institutional creditors featured at least two measures that will continue to bruise the already beleaguered Tsipras government’s support from its more leftist…
One person was dead and another injured after gunfire was reported outside an elementary school northeast of Athens proper.
The incident reportedly took place at 8:15 a.m. (06.00 GMT), usually…
Tuesday’s agreement between Athens and creditors over reforms by the latter will be the focus of a special EWG meeting on Thursday, Bloomberg reported later in the day, citing what…
An increasingly high-profile Russian-Greek investor briefly joined the vitriolic domestic political scene this week by comparing current Greek Prime Minister Alexis Tsipras to Vladimir Putin and claiming that the current…
An early morning agreement between Athens and its institutional creditors, announced just after sunrise on Tuesday, generated immediate reactions in Europe and as far away as Washington D.C., where an…
Greek airports reported increased passenger traffic over the first quarter of 2017 by 6.6 percent, compared with the corresponding period of 2016.
According to the Civil Aviation Authority, passengers reached…
The government spokesman added his “spin” on the day’s early-morning agreement to conclude a still outstanding review of the second Greek program with creditors, referring to “difficulties, delays and outrageous…
Main opposition leader Kyriakos Mitsotakis pointed to a “fourth memorandum” that the Tsipras government signed in the early morning hours of Tuesday, one he charged was “different and harsher” than…
Greece’s institutional creditors on Tuesday morning referred to an agreement that will form the basis for a conclusion of the second review of the Greek program, hours after specific measures…
By S. Papapetros
The latest social security cuts agreed to between the leftist Greek government and institutional creditors are expected to affect some 900,000 beneficiaries in the country, with a…
The Greek government and creditors’ top auditors have reportedly reached an agreement to finally close out negotiations, after 12 hours of talks held on Monday at a downtown Athens hotel,…
The latest round of negotiations between the Greek government’s top ministers and creditors auditors is set for Monday afternoon, given that an extension in talks was decided last week in…
News out of Germany, the Eurozone’s economic locomotive and “paymaster”, regarding ongoing negotiations over the Greek program and standing differences between the IMF and European creditors continued over the weekend,…
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,…
