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…
Main opposition New Democracy (ND) party continues to field a double-digit lead in the latest opinion circulated this week in the crisis-battered country, although slipping slightly from a previous result.…
By T. Tsiros & N. Bellos
German Finance Minister Wolfgang Schaeuble on Thursday more-or-less ended continued heightened speculation of a new Greek adjustment program or even a continuation of the…
Greek FinMin Euclid Tsakalotos on Thursday signed a bilateral agreement with the United States for the implementation of America’s federal Foreign Account Tax Compliance Act (FATCA), as well as an…
The ambassador of the Netherlands in Greece on Thursday stated that his government hopes and expects to see an active IMF participation in the ongoing Greek program.
Dutch envoy Caspar…
Wealth worth an entire year’s GDP has been lost by Greek citizens since the ongoing economic crisis began, according to a study published by Credit Suisse, which is reproduced in…
By T. Tsiros
The embattled Greek government is now apparently aiming to achieve an “honorable compromise” at the forthcoming Jan. 26 Eurogroup meeting, where the now delayed process to conclude…
Greece’s airports posted a banner year in 2016, with Irakleio’s (Herakleion) — on the large island of Crete — leading all faciliti es in terms of passenger growth, yoy.
According…
Struggling Greek super league side AEK Athens will, by all accounts, welcome back a familiar face on its bench, as Spanish coach Manolo Jimenez is set to return to the…
Finalization on Wednesday of a contract to sell-off Greece’s previously debt-laden and under-performing rail operator (Trainose) to Italy’s Ferrovie dello Stato for 45 million euros will reportedly be accompanied by…
By L. Karageorgos & A. Tsiblakis
Greece’s iconic ocean-going shipping industry is apparently riding out the global recession affecting the sector, with figures showing that since January 2016, when the…
Two Greek-controlled shipping companies, Chartworld and Golden Union, have purchased a same number of post-Panamax vessels from bankrupt Korean multinational Hanjin Shipping.
The vessels were identified as the “N Buchanan”…
By V. Kostoulas [email protected]
Noted academic and political analyst Loukas Tsoukalis this week referred to a Trump version of a “new world order” as possibly rallying Europeans, and even checking…
By Dimitris Hatzinikolas
Greek Prime Minister Alexis Tsipras spoke by phone on Wednesday afternoon with outgoing US Vice President Joe Biden, with regional developments and especially resumed negotiations over a Cyprus…
By Dimitris Hatzinikolas
Tuesday’s high-profile statement, by the government spokesman no less, that the leftist Greek government could “consider” more guarantees in order to overcome the IMF’s hesitation in remaining in…
Berlin on Wednesday reiterated that it believes that the IMF will remain in the Greek program (third bailout), with a relevant finance ministry spokeswoman saying that “for us, the Fund’s…
A contract worth 45 million euros to sell-off 100 percent in the state-run rail operator’s shares to Italy’s Ferrovie dello Stato Italiane SpA was finalized on Wednesday, the privatization fund…
By D. Alexaki
The text of a highly anticipated decision issued by an Athens first instance court this week for the bankruptcy / restructuring plan for the troubled Marinopoulos supermarket…
Greece’s four systemic banks have apparently lifted stern objections to the transfer of a majority stake (51 percent) of the state-run power transmission grid operator (ADMIE) from the Public Power…
The Greek government is intensifying efforts to conclude a now utterly delayed second review of the Greek program without additional austerity measures and with a restoration of an obligatory collective…
The Greek state budget recorded a primary surplus of 4.392 billion euros in 2016, surpassing a similar figure of 2.270 billion in 2015 and a fiscal target for a surplus…
Greece’s largest employers’ group, SEV, this week warned that last month’s interruption in negotiations to conclude the now delayed second review of the Greek program (third bailout) undermined the economic…
Notaries in Greece will again abstain from real estate auctions on Wednesday, continuing an action by an umbrella group representing various regional associations of the specific legal profession.
As opposed…
A tug-of-war between European creditors, the IMF and Greece over the latter’s bailout program continued to intensify this week, in light of German FinMin Wolfgang Schaeuble’s latest comment of a…
Greece’s Council of State, the highest administrative court in the country, this week overturned a 2014 ministerial decision allowing stores to remain open during a certain number of Sundays in…
Greek Prime Minister Alexis Tsipras on Monday spoke separately by phone with the new United Nations Secretary General Antonio Guterres and European Commission President Jean-Claude Juncker, with discussions focusing directly…
Greek Prime Minister Alexis Tsipras on Tuesday afternoon will receive the president of Italy, Sergio Mattarella, at his Maximos Mansion office in Athens.…
By Giorgos Kentas*
Even from the first day of negotiations in Geneva last week (Jan. 9) it appeared that the two communities on Cyprus are not only unable to bridge…
European Stability Mechanism (ESM) managing director Klaus Regling was the latest to comment over the possibility of the IMF permanently exiting the ongoing three Greek program, with the high-ranking Euro…
A long-awaited decision approving a restructuring plan for the bankrupt Marinopoulos super market group was finally issued on Monday by a three-justice Athens first instance court.
The substance of the…
