Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Wednesday evening made it clear that his party will not vote for “precautionary measures”, as demanded by creditors and now considered…
A sail boat loaded with as many as 85 irregular migrants was located overnight by the coast guard in a sea region off the harbor town of Pylos, in extreme…
An appeals court prosecutor in Athens this week recommended felony charges for 11 individuals in relation to the countervailing portion of a defense contract for the purchase of 12 AH-64D…
Main opposition New Democracy (ND) party on Wednesday officially lent its support to the free trade-leaning Comprehensive Economic and Trade Agreement (CETA), which doesn’t specifically include protection of feta cheese…
By A. Tsimplakis [email protected]
Groups and associations representing recreational and pleasure craft in the country have sharply decried the prospect of yet another special surcharge being imposed on their sector,…
Forty-eight main opposition New Democracy (ND) deputies on Wednesday tabled a Parliament question to a handful of ministers alleging “preferential lending” towards the local Kalogritsas construction group by non-systemic Attica…
Members of far-left anti-bailout movements on Wednesday again prevented the holding of property auctions at the Athens probate-level court by preventing three notaries from appearing.
Under Greek law notaries are…
Scoot, a wholly-owned subsidiary of the Singapore Airlines Group that is managed by Budget Aviation Holdings (BAH), on Wednesday officially announced that it will expand to Europe, with four flights…
Greece sold 1.138 billion euros of six-month treasury bills on Wednesday, according to the country’s debt agency (PDMA) announced.
The T-bills were priced to yield 2.97 percent. The sale’s bid-cover…
Differences between creditors and the Greek government over the final framework for an out-of-court settlement process for arrears owed by business are reportedly not significant, with economy ministry officials, at…
No progress in energy-related issues was reported on Tuesday, during the first day of resumed negotiations between top Greek government ministers and representatives of institutional creditors.
According to reports, both…
The bodies of three missing fishermen were discovered by the coast guard on a rocky coast on the southern end of the Dodecanese island of Rhodes.
The three men, aged…
A mild earthquake measuring 4.1 on the Richter scale was recorded just two minutes after midnight on Wednesday morning (00.02 or 22.02 GMT), in a sea region southwest of the…
A government source late Tuesday evening said the “starting point” in negotiations with creditors is a figure worth 2 percent of GDP, roughly 3.5 billion euros, in “structural moves”.
The…
Greek Prime Minister Alexis Tsipras met with the Hellenic Bank Association (HBA) on Tuesday, with subsequent press leaks claiming he asked banks’ representatives to offer “relief” to households and businesses…
Deposits by households and businesses held in Greek banks again eased in January 2017, according to figures released on Tuesday by the Bank of Greece (BoG).
Specifically, total deposits reached…
Non-systemic Attica Bank on Tuesday announced a new three-year labor contract with its employees, which among others, foresees a cut in payroll costs by 17 percent and a “drastic simplification”…
Influential Bank of Greece (BoG) Gov. Yannis Stournaras pointed directly to three major priorities that the Greek government must resolve immediately in order to ensure that an economic recovery is…
Greek Finance Minister Euclid Tsakalotos expressed optimism on Tuesday that an agreement paving the way for a review of the Greek program can be achieved by the next Eurogroup meeting…
Egyptair, a member of the Star Alliance, this week announced that it has received a second 737-800 NextGeneration Boeing passenger jet for service on its Athens-Cairo-Athens route.
The new-state-of-the-art aircraft…
The association representing coastal shipping in Greece, i.e. the passenger and vehicle ferry boat operators, said “no” to three out of four provisions included in a draft bill that concerns…
The first “unofficial leaks” circulated by the Greek government on Tuesday, the first day of renewed negotiations to conclude a delayed second review of the third bailout, pointed to a…
By. G. Palaitsakis [email protected]
The Greek government is, by all accounts, aiming to retain a property tax (ENFIA) for this year and 2018, which despite its unpopularity, has proven to…
Bank of Greece (BoG) Yannis Stournaras said the goal of commencing a de-escalation of non-performing loans in the country in 2016 was achieved, although recent figures show new NPLs and…
The return of creditors’ representatives to Athens this week coincides with the latest unofficial deadline of March 20 in order to conclude a second review of the Greek program, months…
A top cadre for main opposition New Democracy (ND) over the weekend announced that the party will not vote for new fiscal measures.
Nevertheless, MP Christos Staikouras left open the…
A particularly violent road crash has shocked Greece heading into a three-day weekend, with CCTV footage showing the exact moment when an out-of-control sports car slammed into a car parked…
European Stability Mechanism (ESM) Managing Director Klaus Regling stressed over the weekend that successive Greek prime ministers have agreed on the level of primary budget surplus targets stipulated in bailout…
By S.Papapetros [email protected]
A standing demand by institutional creditors, especially the IMF, to liberalize the framework in Greece to allow for mass layoffs is expected to again dominate negotiations next…
High-stakes political developments in both Greece and Turkey were momentarily but noisily distracted by a brief spate of old-style saber-rattling over the weekend, as Greece’s outspoken defense minister warned of…
