Eurogroup chairman Jeroen Dijsselbloem referred to certain “key issues” that remain unresolved in negotiations between the Greek government and institutional creditors, following Monday’s Eurogroup meeting in the Belgian capital, although…
By T. Tsiros [email protected]
Greece’s closely scrutinized spending for all types of social security benefits now hovers at between 2.3 to 2.4 billion euros per month, or up to 29…
By N. Bellos
Creditors’ top representatives and Greek FinMin Euclid Tsakalotos were holding anotherround of face-to-face meeting in Brussels on Monday afternoon ahead of a scheduled Eurogroup meeting – yet…
More than 500 flight cancellations are expected during Monday’s air traffic control strike in Italy, according to the Airlines for Europe alliance.
In a press release, A4E said the four-hour…
Registered unemployment in Greece again increased in February 2017 over the previous month, another negative development over the first two-months of a year touted as the beginning of an economic…
By S. Papapetros
Labor sector liberalization continues to constitute one of the biggest obstacles in concluding the now year-long delayed second review of the Greek program, with the IMF the…
The specter of new austerity measures to be imposed in 2019 — assuming gasping negotiations conclude over the now delayed second review of the Greek program — are likely to…
Bloomberg forecasts another missed deadline for concluding the now utterly delayed review of the Greek program, as yet another “unofficial deadline” will probably come and go on Monday, March 20.…
The Greek government on Friday evening maintained that “several issues” were resolved the same day in last-minute negotiations with creditors’ top representatives, talks that were held via a teleconference. …
Greek archaeologists on Friday announced that they have uncovered the partially submerged remains of the anchorage used by ancient Athenian warships (triremes) prior to the sea battle of Salamis in…
Greece-based Hellenic Petroleum (EL.PE) group on Friday announced the initialing of a exploration and exploitation concession contract for “Block 2”, west of the Ionian island of Corfu, with Total and…
A highly controversial figure that emerged onto Greece’s populist-plagued national limelight over the recent period — by claiming to control or have access to up to 600 billion euros worth…
CNBC on Friday afternoon cited sources as saying the International Monetary Fund (IMF) was ” “moving closer” to rejoining the Greek bailout program.
The article, bylined by Silvia Amaro, nevertheless…
Greece’s closely watched state budget posted a smaller primary surplus (on a cash basis) over the first two months of 2017, compared with the same period of 2016, the Bank…
By N. Bellos & M. Hatzikonstantinou
The latest “unofficial deadline” given for finally concluding the now long-overdue second review of the Greek program (third bailout), which was none other than…
By G. Kouros [email protected]
Taxpayers’ arrears towards the state again surged in January 2017, as ripples from last year’s “tax tsunami” are now causing “waves” in current revenue targets.
Moreover,…
A local businessman was abducted at gunpoint on Thursday evening at his home by three gunmen, who in turn transported him back to his business in southeast Athens, where they…
“Major interventions” in the Greek capital’s congested urban landscape was the “headline” assigned to a meeting between Greek Prime Minister Alexis Tsipras and Athens Mayor Giorgos Kaminis on Thursday, although…
The Greek government on Thursday confirmed that yet another parcel bomb, this time the one that actually exploded at the IMF’s offices in Paris hours earlier, was sent from Greece.…
By L. Karageorgos [email protected]
A negative milestone, after many years, was revealed this week with the announcement that the Greek registry of ocean-going vessels fell from first place to…
The Greek Postal Service (EL.TA) said it has ordered an “in-depth investigation” over possible oversights by a contracting company tasked with screening mail and parcels flown out of the Athens…
Greek unemployment, already fixed in mid 20s range for months now, reached 23.6 percent in the fourth quarter of 2016, up from 22.6 percent in the previous quarter.
The figure…
Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement today in Frankfurt, Germany:
“I have been informed about the explosion in the IMF’s Paris…
The Greek prime minister’s office reacted angrily to a same-day Reuters report asserting that the embattled leftist government in Athens is considering snap elections.
In fact, a statement circulated to…
By A. Doga
[email protected]
Bank of Greece (BoG) Gov. Yannis Stournaras on Wednesday again called for a compromise between Athens and institutional creditors to overcome differences and finally achieve a…
A shadowy urban terror group on Thursday assumed responsibility for the sending of an explosive-laced parcel to the German finance ministry.
The “Conspiracy of Fire Nuclei”, which has in the…
According to exclusive information cited by Märkische Allgemeine, the parcel reportedly lists a sender with an address in Greece, while a Greek postal stamp was also visible – or so…
Increased liquidity for Greece’s still “asphyxiated” credit sector and the “Olympus-sized” mountain of non-performing loans (NPLs) dominated talks on Wednesday between main opposition New Democracy (ND) leader Kyriakos Mitsotakis and…
Greek Finance Minister Euclid Tsakalotos and Labor Minister Efi Achtsioglou on Wednesday briefed groups of deputies of ruling SYRIZA party over the course of still ongoing negotiations between Athens and…
The increasingly outspoken Parliament Budget Office, an independent entity under the legislature’s jurisdiction, on Wednesday again reiterated the need for a “serious restructuring of Greece’s debt”.
Moreover, the Budget Office,…