The Greek government spokesman more-or-less echoed Greek Prime Minister Alexis Tsipras latest “red line” this week, namely, a refusal to enact more austerity measures.
“There is no chance that we’ll…
Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Wednesday referred to an “unprecedented regression” in the country over the past two years, speaking to members of his party’s political…
By N. Bellos
Feb. 20 is the latest date now being cited as the deadline for concluding the now delayed second review of the Greek program (third bailout), with a…
Greek Prime Minister Alexis Tsipras promised not to take “even one euro” more of austerity measures to meet with creditors’ latest demands, speaking to an Athens daily this week, on…
Receipts, even ones from electronic transactions, will be included in an invoice / receipts “lottery” envisioned by the finance ministry in a bid to combat tax evasion in the country…
By T. Tsiros
Greece’s finance ministry collected 3.988 billion euros more in taxes over 2016 than it did in 2015, possibly the low point in the economic crisis that has…
By F. Zois
Greece’s economic meltdown continues to exert a massive impact on the country’s society, with 67.7 percent of young adults queried in a recent study declaring that they…
By F. Zois
Greece’s economic meltdown continues to exert a massive impact on the country’s society, with 67.7 percent of young adults queried in a recent study declaring that they…
By S. Zisimos
The number of businesses and self-employed professionals that will be eligible for an out-of-court procedure to settle arrears towards banks, the state and pension funds will be…
Greece’s finance ministry announced a 4.437-billion-euro primary budget surplus for 2016, exceeding a 2.270-billion-euro figure for 2015 and a goal of 1.983 billion.
Net revenues reached 54.038 billion euros, up…
Outspoken Greek defence minister Panos Kammenos, the leader of the junior partner in the current coalition Tsipras government, on Tuesday again took aim at Germany, saying the EU partner is…
By D. Hatzinikolas
The relevant Greek government spokesman on Tuesday said Athens’ proposal for an extension of an automatic spending cuts mechanism only refers to an additonal year after 2018,…
EU Commissioner Pierre Moscovici on Tuesday appeared to lower expectations for a breakthrough at Thursday’s Eurogroup meeting regarding the now delayed second review of the Greek program (third bailout).
Speaking…
Emirates this week announced a new daily service from Dubai to Newark Liberty International Airport, via a stopover at the Athens International Airport, beginning on March 12, 2017.
According to…
Greek Finance Minister Euclid Tsakalotos is expected to add details to his letter to creditors — sent this week — ahead of the Eurogroup meeting on Thursday, according to sources…
By N. Bellos
Intense negotiations but without the necessary progress towards overcoming obstacles blocking the second review of the Greek program is the way one top EU source on Monday…
The European Commission on Monday merely reiterated that it wants a second review of the Greek program (third bailout) completed as soon as possible, with the relevant statement coming amid…
The president-designate European Community Shipowners’ Associations (ECSA), Panos Lascaridis, late last week thoroughly decried what he called certain “quarters within the EU” that are trying to implement regional measures in…
The leftist Greek government on Monday used a more-or-less expected decision by the European Stability Mechanism (ESM) over short-term debt relief measures for Greece to criticize the main opposition party…
The euro area is making an unprecedented effort to put the Greek economy back on track. The loan packages from the ESM and EFSF are by far the largest the…
Non-systemic Attica Bank is awaiting approval by the EU Commission’s relevant competition authority (DG Comp) for a structuring and recapitalization plan.
Moreover, a capital share increase is linked with a…
By A. Doga [email protected]
Greece’s systemic banks have reportedly set an unofficial deadline of late February 2017 for a completion of the now delayed second review of the Greek program…
Greece’s economy minister on Sunday disclosed that the leftist government is, indeed, negotiating with institutional creditors the prospect of lowering the tax-free income tax ceiling, which is currently at roughly…
Reports in Athens at the beginning of the week purport that Greece’s privatization fund (TAIPED or HRADF) wants a lump sum payment of 580 million euros in order to extend…
By L. Karageorgos
The Grimaldi shipping group this past week referred to an investment program with 17 potential purchases on the horizon.
Speaking during the 3rd Naftemporiki shipping conference in…
Cosco’s efforts to boost investors’ confidence in crisis-battered Greece and to attract other Chinese multinationals to the east Mediterranean county has so far not been exploited, according to Tassos Vamvakidis,…
Greek Prime Minister Alexis Tsipras reverted to a more defiant stance on Friday vis-a-vis creditors’ demands and the increasingly complicated factors bedeviling the Greek adjustment program, such as perceived hesitation…
By Giannis Kanoupakis [email protected]
Athens reportedly again pledged to meet all of its memorandum-mandated obligations in the energy sector, namely, market liberalization and privatizations, during contacts on Thursday between government officials…
By F. Zois
Less than 24 hours after the conclusion of a deal to sell-off the state-run rail operator (Trainose) to Italy’s largest rail company (FS) comes an announcement by…
The beginning-of-the-year saga entailed in the IMF’s continued participation in the Greek program continued unabated on Friday, with the Fund’s head, Christine Lagarde, stressing a volition to remain in the…
