The European Investment Bank (EIB) on Thursday announced that it has agreed to provide 50 million euros to support financing by Pancretan Cooperative Bank towards eligible projects undertaken by small…
By T. Tsiros [email protected]
A more conciliatory tone was detected on Wednesday on the part of the government side during successive meetings with visiting EU Commissioner for economic affairs Pierre…
By T. Igoumenidi
The former head of Greece’s privatization fund, and current deputy minister, this week referred to ongoing negotiations between the leftist government and the consortium, which won an…
Greece’s independent statistics agency, EL.STAT, on Wednesday denied charges that the IMF sought to participate in the publication of its figures, following same-day press reports that the Fund had requested…
By G. Kanoupakis [email protected]
An unprecedented raid of the main offices in Athens of state-run Public Power Corp. (PPC) and its still affiliated transmission grid operator (ADMIE) was conducted by…
The recently established Independent Authority for Public Revenues this week unveiled to Greek ship-owners’ representatives new electronic platform for filing tax statements related to the operation of commercial vessels.
The…
Aluminium of Greece (AoG), the country’s dominant producer of the metallic element and one of the biggest industrial concerns in southeast Europe, this week announced an agreement with GE aimed…
A top chamber of commerce leader this week called for the revocation of a license issued to the Hellenic Society for the Protection of Intellectual Property (AEPI), the organization set…
EU Commissioner Pierre Moscovici’s high-profile visit to Athens on Wednesday, where he had a whirlwind round of talks with Greek leadership over the slow-going process to conclude a second review…
By N. Bellos [email protected]
Eurogroup chairman Jeroen Dijsselbloem went a step further this week in weighing in on the “IMF factor” entailed in the now tenuous Greek program, warning that…
EU Commissioner Pierre Moscovici reiterated in Athens on Wednesday that the IMF is an important partner in the Greek bailout program, in response to press questions after his meeting with…
EU Commissioner Pierre Moscovici reiterated in Athens on Wednesday that the IMF is an important partner in the Greek bailout program, in response to press questions after his meeting with…
By Vassilis Kostoulas [email protected]
Growing concern over the still delayed conclusion of the second review in tandem with the coming election season in several European countries have rekindled the specter of…
EU Commissioner Pierre Moscovici began the first of several one-on-one meetings with Greek leadership on Wednesday, talks aimed directly at unblocking a deadlock over the now utterly delayed second review…
A request by luxury goods icon Gucci to hold and film an international fashion show atop the Acropolis — and with the Parthenon as a backdrop no less — was…
Fraport Greece CEO Alexander Zinell this week expressed confidence in the growth potential of the 14 regional airports around Greece whose management the German-Greek consortium will soon assume.
Τhe German…
Producers’ groups in Greece reacted angrily on Tuesday to reports that the iconic feta cheese produced in the country will not enjoy a Protected Designations of Origin (PDO) status in…
Eurogroup chairman Jeroen Dijsselbloem on Tuesday warned that a second review of the Greek program will not be concluded by an upcoming Eurogroup meeting on Feb. 20, a previous “unofficial…
A closely watched meeting in Berlin on Tuesday between visiting Greek main opposition leader Kyriakos Mitsotakis and powerful German Finance Minister Wolfgang Schaeuble lasted for roughly 75 minutes, with sources…
The Hellenic Financial Stability Fund (HFSF) on Tuesday announced a process to recruit and appoint a new Chief Executive Officer (CEO) for its executive board, with a selection panel to…
By D. Alexaki
2016 marked the worst performance over the past five-year period for Greece’s retain super market sector, which over the specific year saw a decrease of 6.5 percent…
By N. Bellos
Institutional creditors have still not received word from the Greek government as to whether the latter accepts the latest proposal by the former, which was tabled last…
The latest nationwide opinion poll in Greece again showed a double-digit lead by center-right New Democracy (ND) over leftist SYRIZA, the party that dominates the government coalition.
Specifically, ND is…
Bank of Greece (BoG) Gov. Yannis Stournaras said a report by the ECB over the Greek debt’s sustainability is ready, with only medium-term measures remaining to be included.
His comments…
IMF Managing Director Christine Lagarde on Monday again waded into the knotty Greek program saga by stressing that the Fund is doing its best over the bailout, but cannot compromise…
Greek opposition leader Kyriakos Mitsotakis took his pro-reform plan to finally exit the economic crisis on the road to Berlin on Monday, reportedly stressing to German Chancellor Angela Merkel that…
Bank of Greece (BoG) Gov. Yannis Stournaras on Monday added his encouragement towards the rapid conclusion of the delayed second review of the Greek program, saying “conditions will be much…
The Hellenic Federation of Enterprises (SEV) on Monday reiterated that a foreseen and absolutely imperative economic recovery in crisis-battered Greece depends on a rapid conclusion of the now delayed Greek…
EU Commissioner Pierre Moscovici will reportedly arrive in Athens on Wednesday in a lightning visit to try an unblock the current impasse in the Greek bailout program, according to a…
Haute couture with the quintessence of classical antiquity as the backdrop is the idea proposed by iconic multinational Gucci, which has petitioned Greece’s powerful Central Archaeological Council (KAS) to allow…
