Athens’ Eleftherios Venizelos International Airport (AIA) surpassed the 20-million-passenger mark for 2016, posting its best-ever performance since opening.
The number of passengers passing through Greece’s biggest airport reached 20.02 million…
2016 was judged as a satisfactory year for the cruise ship tourism sector in Greece, although the first “shadows” are appearing over prospects for the 2017 season, according to results…
The NYSE-listed shipping group Diana recently announced the addition of two newly built vessels into its fleet, with the bulk carriers “San Francisco” and “Newport News” – both honoring well-known…
A decision by an Athens first instance court over an Article 106B bankruptcy petition filed by the troubled Marinopoulos supermarket group has still not been issued, with a Feb. 14,…
«Βέλη» κατά του πρωθυπουργού Αλέξη Τσίπρα και της κυβέρνησης για το προσφυγικό – μεταναστευτικό εξαπολύει ο τομεάρχης Μεταναστευτικής Πολιτικής της Νέας Δημοκρατίας Μιλτιάδης Βαρβιτσιώτης, καταλογίζοντάς τους ότι «έχουν μετατρέψει το…
By L. Karageorgos & N. Bellos
Pre-bookings for holidays in Greece for the upcoming season are reportedly reaching double-digit figures, which are coinciding with a dramatic drop in bookings for…
Serbia’s foreign minister, Ivica Dacic, was quoted this week as bemoaning the fact that his country recognized the former Yugoslav Republic of Macedonia (fYRoM) as “Republic of Macedonia”, the constitutional…
A General Accounting Office circular apparently restores, with an even harsher version, a previous decision to cashier civil servants that achieved their public sector hiring with fabricated or bogus documentation,…
The labor and social insurances ministry is expected to begin sending out electronic notifications this month for payment of social security payments due by the end of February 2017, with…
Public investments during 2016 reached 6.4 billion euros in Greece, a sum that means some 350 million euros were not disbursed, whereas, on the positive side, funds available via the…
By G. Palaitsakis
The “tax tsunami” that emerged in 2016 in order to conclude the first review of the Greek program (third bailout) carries over unabated in 2017, with an…
An increase of arrears to the state continues unabated despite accelerated rates of confiscations and seizures of debtors’ bank accounts, incomes and other assets in 2016 by the independent authority…
A recently tabled and ratified amendment foresees the retroactive taxation of profits from previous years which will be distributed as dividends or will be capitalized by companies in 2017 and…
Foodstuffs and clothing were the primary items purchased by Greek consumers over the four-day end-of-year period in 2016 (Dec. 27-30), according to a study conducted via social media by the…
Fuel prices in Greece have moved upwards over the last month of 2016, with six to eight cents per liter recorded, while increased consumption fees for 2017 are set to…
The prospect of extending an automatic spending cuts mechanism beyond 2018 is apparently one concession being considered by the leftist Greek government in order to promote a compromise between the…
National Bank of Greece, the country’s largest lender, on Friday signed an agreement to sell-off 99.91 percent of its subsidiary in Bulgaria, United Bulgarian Bank A.D. (UBB), to Belgium-based KBC.…
By D. Alexaki
An agreement between Greece-based processed foods and snacks producer Chipita with lenders Alpha and Eurobank has reportedly been achieved, thereby allowing the former to purchase a majority…
Greek shipping interests were sixth in terms of orders for new vessels in 2016, with orders totaling 1.9 billion US dollars, as the entire shipbuilding sector shrunk during the year…
“Financial Times” was the latest major international mass media outlet to scrutinize the leftist Greek government in Athens, with a posted article entitled ” Greece: A question of independence: Is…
Several motions have been filed with the Council of State, Greece’s highest administrative court, to block a decision by the national gaming watchdog to grant licenses for the operation of…
The latest attempt to faithfully execute the coming 2017 state budget will reportedly feature a memorandum of cooperation between the finance ministry and every minister on the Cabinet, essentially mirroring…
By Anna Doga [email protected]
Deposits in Greece’s battered banking system increased by two billion euros in December, although sector analysts pointed to mostly circumstantial reasons for the development, factors usually associated…
Athens-based lender Piraeus Bank on Thursday announced the transfer of a majority stake of its Cypriot subsidiary to Holding M. Sehnaoui SAL (HMS) for 3.2 million euros.
Piraeus Bank said…
A primary budget surplus of 7.416 billion euros was recorded over the first 11 months of the year, up from 4.339 billion euros in the corresponding period of 2015, and…
Greece’s privatization fund on Thursday announced a completion of a deal for the long-term leasing of the Kassiopi site, on the Ionian holiday island of Corfu.
An agreement was signed…
Snow, low temperatures and rough seas were on the forecast for Thursday and Friday throughout Greece, with several areas in the greater Athens area experiencing their first snowfall of the…
Transactions registered at Greece’s deed/title offices show a decrease, on average, of 8.6 percent a year from 2004 to 2014, a period that witnessed the real estate bubble burst in…
Accumulating individual tax breaks of between 1,900 and 2,100 euros will depend on the level of purchases of consumer goods and basic necessities (groceries, fuel etc.) with credit/debit cards or…
Embattled Greek Finance Minister Euclid Tsakalotos took to the Internet this week to label the EU’s Growth and Stability Pact as a “permanent straightjacket”, while charging that the ECB, which…
