By G. Sakkas [email protected]
Investments of all types in Greece over 2016 fell to 13 percent of GDP, significantly down from the average of 24 percent recorded during the “boom…
Another two VLCC tankers are being added to the Olympic Shipping fleet, the company owned by the Onassis Foundation.
The two massive tankers were previously managed by Metrostar Management, owned…
The first NOME electricity auctions of the year in Greece were held on Tuesday at a hectic pace, with the final price closing at just over 41 euros per Megawatt,…
A Parliament debate on Wednesday over bank loans to political parties and mass media quickly deviated into the now burning issue of the delayed second review of the Greek program…
The head of the Greek Shipping Cooperation Committee in London, better known as simply the “Committee”, this week again warned that any change in the shipping sector’s institutional framework will…
By S. Zisimos
[email protected]
The first results over January 2017 are negative in terms of business openings and closings, with the latter exceeding the former.
Specifically, figures supplied by the…
Another round of tension was reported on Wednesday in the air over a specific region in the eastern Aegean that nearly caused a military flare-up between Greece and Turkey —…
Greek Prime Minister Alexis Tsipras held a scheduled phone conversation with German Chancellor Angela Merkel on Wednesday, a day before the German leader is set to officially visit Turkey.
According…
European Stability Mechanism (ESM) managing director Klaus Regling on Wednesday again referred to the delay-fraught Greek adjustment program, saying Greece was a “special case”, during his comments before a relevant…
European Stability Mechanism (ESM) managing director Klaus Regling on Wednesday again referred to the delay-fraught Greek adjustment program, saying Greece was a “special case”, during his comments before a relevant…
A newly passed legal provision obliges store owners to place a sign in a visible location near their cash registers in order to inform consumers whether or not they are…
An administrative first instance court in Athens on Wednesday ruled that the continued detention of eight Turkish servicemen, who have requested asylum in the country, is legal, essentially approving of…
By T. Tsiros [email protected]
A closely watched IMF executive board meeting on Feb. 6 — set to focus directly on the Greek program — will reportedly reveal the very public…
Thirty people, mostly young men, were arrested by police overnight in the wake of a melee that broke out on a stretch of coastal highway south of Athens known for…
HSBC refers to positive signs at the recent Jan. 27 Eurogroup that Athens could conclude a now delayed second review of the Greek program at the coming Eurogroup meeting on…
By G. Palaitsakis [email protected]
The government this week unveiled a proposal to replace the current property tax with a more expansive “asset tax”, which will ostensibly include all real estate…
Government circles reacted curtly on Tuesday evening to a previous day’s report by Bloomberg claiming that two-thirds of prior actions demanded by Athens to conclude the now delayed second review…
A latest opinion poll surveying the Greek political scene, released on Tuesday evening, again shows a double-digit lead for the main opposition New Democracy (ND) party over ruling SYRIZA, although…
A decades-old project to completely connect the Cyclades islands – a handful of which are internationally renowned tourist destinations – with the mainland’s power grid will finally materialize early next…
A former ruling SYRIZA party deputy minister and current Parliamentary spokesman dramatically stirred the already “troubled waters” of Greek politics by proposing a “substantive” debate on the national currency.
MP…
Ryanair is reporting a record number of reservations for flights into and out of Athens’ Eleftherios Venizelos International Airport for the coming summer season.
On the heels of its robust…
British Airways on Tuesday announced a new direct flight from London City Airport to the Sporades holiday island of Skiathos for the upcoming 2017 summer season.
Three flights a week…
By Vassilis Kostoulas [email protected]
“The ball is in Greece’s court” is the phrase used by a source close to the Eurogroup’s presidency this week, in describing the impasse now blocking…
By N. Bellos
The European Commission has apparently assumed the role of distant “mediator” in the ongoing impasse over the Greek program, given the latest leaks out of the IMF…
Two-thirds of the prior actions demanded by creditors from the leftist Greek government in order for the latter to sign-off on the next bailout loan tranche have not been implemented,…
Βy A. Tsiblakis [email protected]
Initial booking information for the coming tourism season in Greece appears highly positive, as practically every “traditional” tourist market is showing signs of increased interest.
For…
European Stability Mechanism (ESM) Managing Director Klaus Regling on Monday said whatever upcoming bailout loan tranches to be disbursed to Greece depend on the IMF’s decision to participate in the…
By T. Tsiros
The finance ministry’s general director for fiscal policy told “N” this week that the Greek state’s memorandum-mandated primary budget surplus for 2016 may hover at 2 percent…
Honorary Piraeus Bank chairman Michalis Sallas, one of Greece’s best known banking executives, has emerged as a strategic investor in the Pancretan Cooperative Bank, following a completion of mandatory audits…
The Greek government on Monday again dismissed the notion that it will seek to pass a new round of austerity measures demanded by institutional creditors via a greater majority (180…
